Its comical that the Trumpanzees here actually think that the Orange Chump cares about them.

He just told you that he doesnt give a **** about your 401k.

And yet you keep drinking the Kool-Aid.

MAGA MORONS!

When MAGA MORONS claim that the stock market is only down 12% (Vanguard Total Stock Market ETF) and can't imagine how someone that is NOT in the Top 10% could be down $85,000 from just 30 days ago.

They start yapping about how someone would have to have roughly $800,000 invested in order to be down $85,000.

lol

Try again folks.

There are some truly remarkably ignorant people here.
And that's being kind.

Did they really go to CAL?
I doubt it.

Nvidia



Salesforce



Google

Amazon



Apple



Meta

I guess there are some terribly "challenged" people here that aren't very good in Basic Math.

The VTI is down 14% in the last 30 days.
Not counting Monday's bloody opening.

Don't worry folks, this is nothing but a normal "correction" for the MAGGOTS of the world.
Never mind that it was the 4th largest two-day move since WW-2.


MAGA for MORONS!

It ain't just the US markets. Asian markets, etc. are tanking, Trump has managed to kill a lot of wealth through-out the world.

DiabloWags said:

---

When MAGA MORONS claim that the stock market is only down 12% (Vanguard Total Stock Market ETF) and can't imagine how someone that is NOT in the Top 10% could be down $85,000 from just 30 days ago.

They start yapping about how someone would have to have roughly $800,000 invested in order to be down $85,000.

lol

Try again folks.

There are some truly remarkably ignorant people here.
And that's being kind.

Did they really go to CAL?
I doubt it.

Nvidia



Salesforce



Google

---

These charts don't represent 30 days. Please try to not be such an egotistical misleading liar, and that's being kind. Did you sell the billion dollars you have in EXAS stock before you shorted the market to make another billion dollars? If your middle class hair stylist bought EXAS when you told everyone that you owned a billion dollars of it ($150 pps), I can see their portfolio down a ton since it is at $40 now. When am I going to see the Wags basketball practice facility?

wifeisafurd said:

---

It ain't just the US markets. Asian markets, etc. are tanking, Trump has managed to kill a lot of wealth through-out the world.

---

Of course, this phenomena is well understood.
There's even a book about it it.
People can buy it used, for cheap.



No doubt he's front running the action in Kushner's $2B gift fund.

Just wait for the NAV of that thing when the dust clears. There will be some announcement about how it's now worth 5, as if he's some savant. And how do you think that will have happened?

Markets will have been halved, but he's up 3 fold. What a genius!

Now that's winning!

oski003 said:

---

These charts don't represent 30 days. Please try to not be such an egotistical misleading liar, and that's being kind. Did you sell the billion dollars you have in EXAS stock before you shorted the market to make another billion dollars? If your middle class hair stylist bought EXAS when you told everyone that you owned a billion dollars of it ($150 pps), I can see their portfolio down a ton since it is at $40 now. When am I going to see the Wags basketball practice facility?

---

Come back when you have something worthwhile to say.

Lets put this into the category of wishful thinking.....

I read over the weekend something in the sub-genre of "Trump is actually a genius" that this is designed to force Powell into an emergency rate cut. Perhaps multiple over the course of the next 12 months. This, in turn, sets things up for a rebound that would be starting to get robust about 2028 (term three!!!) Or lets call it the reverse Paul Volker stragegy - short term pain.

Do you think the Fed panics? I don't see it cause there are inflation hawks right now on the policy committee and I think May's CPI will SUCK with the impact of the tariffs starting to be seen but no relief (yet) from consumer demand destruction.

Caterpillar (CAT)

concordtom said:

---

Come back when you have something worthwhile to say.

---

Let me guess, is my little puppy dog still following me around?
Being the first to reply back to every single one of my posts?
lol

He needs a life.

socaltownie said:

---

Lets put this into the category of wishful thinking.....

I read over the weekend something in the sub-genre of "Trump is actually a genius" that this is designed to force Powell into an emergency rate cut. Perhaps multiple over the course of the next 12 months. This, in turn, sets things up for a rebound that would be starting to get robust about 2028 (term three!!!) Or lets call it the reverse Paul Volker stragegy - short term pain.

Do you think the Fed panics? I don't see it cause there are inflation hawks right now on the policy committee and I think May's CPI will SUCK with the impact of the tariffs starting to be seen but no relief (yet) from consumer demand destruction.

---

Inflation will definitely be showing up in the data.
You make a legit point.

But as it always does, the bond market will LEAD the FED down.

If the FED winds up cutting at some point, it will only be reacting to what has already happened in the interest rate market and not because they've made a conscious decision to ease.

Remember, the FED will always be "late" to the party because they are data dependent and there is a "lag" in what the data is telling them and where the economy is.

DiabloWags said:

---

concordtom said:

---

Come back when you have something worthwhile to say.

---

Let me guess, is my little puppy dog still following me around?
Being the first to reply back to every single one of my posts?
lol

He needs a life.

---

Did your hair stylist help you edit this three times?

Market is now green today. Fyi.

Trump may pause the Tarriffs 90 days for all countries except China.

Trump rumored to accept a 90 day pause according to Kevin Hassett, except for China.

Looks like the Orange Buffoon said "ouch" with the markets down 20% and the upcoming headlines about entering a Bear Market.

No confirmation of Hassett's quote.

DiabloWags said:

---

Trump rumored to accept a 90 day pause according to Kevin Hassett, except for China.

---

Booth.

Markets ALL RED again given no confirmation of Hassett's quote.

Looks like some shorts scrambling to cover on the "rumor"

Spike to 5,245 on the SPX evaporates.

Currently 4,995


Dow - 710

Karline Leavitt says that the rumor from Hassett is FAKE NEWS.

Back to the sell off.

Crypto Market Crash Today: Bitcoin, Ethereum Fall Up To 14% Amid Global Market Meltdown - News18


https://www.news18.com/business/cryptocurrency/crypto-market-crash-today-bitcoin-ethereum-fall-up-to-14-amid-global-market-meltdown-ws-bkl-9289664.html

Gee, I wonder if the Trump family is losing or gaining from this development? Asking for a friend, Big C.

bearister said:

---

Crypto Market Crash Today: Bitcoin, Ethereum Fall Up To 14% Amid Global Market Meltdown - News18


https://www.news18.com/business/cryptocurrency/crypto-market-crash-today-bitcoin-ethereum-fall-up-to-14-amid-global-market-meltdown-ws-bkl-9289664.html

Gee, I wonder if the Trump family is losing or gaining from this development? Asking for a friend, Big C.

---

Crypto has recovered all of today's losses since that article was written.

Who cleaned up during that roller coaster ride?

DiabloWags said:

---

Karline Leavitt says that the rumor from Hassett is FAKE NEWS.

Back to the sell off.

---

Wouldn't you love to see who made trades during that brief 1200 point swing? A lot of people are saying that we are witnessing the most "perfect," and "beautiful" stock market manipulation scheme in the history of perfect and beautiful stock market manipulation schemes.


*A lot of people have been saying that Trump had to throw that false rumor bone to the oligarchs so they could treat their market wounds.

Right?

And now Trump posts that he will add an additional 50% tariff on Thursday should China retaliate with more than their 34% tariff causing the market to go into the crapper again.

20% + 34% + 50% = 104%

Really makes you wonder if he and his "buddies" just went short after the Hassett "rumor"

DiabloWags said:

---

Trump rumored to accept a 90 day pause according to Kevin Hassett, except for China.

Looks like the Orange Buffoon said "ouch" with the markets down 20% and the upcoming headlines about entering a Bear Market.

No confirmation of Hassett's quote.

---

If the market is down 20ish then that was literally Trumps goal.

Trump and his "3 Stooges" (Hassett, Navarro, Lutnick) are terribly stupid.

Companies are talking about making layoffs.
Not increasing manufacturing.

PS. An average Recession in the U.S. will cost 1.2 million Manufacturing Jobs.

socaltownie said:

---

Lets put this into the category of wishful thinking.....

I read over the weekend something in the sub-genre of "Trump is actually a genius" that this is designed to force Powell into an emergency rate cut. Perhaps multiple over the course of the next 12 months. This, in turn, sets things up for a rebound that would be starting to get robust about 2028 (term three!!!) Or lets call it the reverse Paul Volker stragegy - short term pain.

Do you think the Fed panics? I don't see it cause there are inflation hawks right now on the policy committee and I think May's CPI will SUCK with the impact of the tariffs starting to be seen but no relief (yet) from consumer demand destruction.

---

Our friend ChatGPT:

**Jerome Powell's current term as Chair of the Federal Reserve** runs through **May 15, 2026**.

Here's the breakdown:

- He was first appointed as Chair by President **Donald Trump** in **2018**.
- President **Joe Biden re-nominated** him in **2022**, and he was confirmed by the Senate.
- A **Fed Chair term lasts 4 years**, and Powell's **second term as Chair** began in **May 2022**.

Powell can still serve on the Federal Reserve Board after his chairmanship ends, since his **term as a Board member** runs through **January 31, 2028**, unless he resigns or is reappointed again as Chair.



As of now (April 2025), the **Federal Reserve Board of Governors** consists of **seven members**, each appointed by the President and confirmed by the Senate to serve staggered **14-year terms**. Here's the current lineup:

---

### **Federal Reserve Board of Governors (as of April 2025):**

| **Name** | **Position** | **Term Ends** | **Appointed By** |
|-----------------------------|-------------------------------|--------------------|-------------------------|
| **Jerome Powell** | Chair | May 15, 2026 (Chair) / Jan 31, 2028 (Governor) | Trump (Governor, 2012), Chair by Trump (2018), reappointed Chair by Biden (2022) |

| **Philip Jefferson** | Vice Chair | Sept 7, 2036 | Biden (2022) |

| **Michael S. Barr** | Vice Chair for Supervision | Jan 31, 2032 | Biden (2022) |

| **Lisa Cook** | Governor | Jan 31, 2034 | Biden (2022) |

| **Adriana Kugler** | Governor | Jan 31, 2026 | Biden (2023) |

| **Christopher Waller** | Governor | Jan 31, 2030 | Trump (2020) |

| **Michelle Bowman** | Governor | Jan 31, 2034 | Trump (2018), reappointed by Biden (2020) |


---

### Notes:
- The **Chair** and **Vice Chairs** are selected from among the Governors.
- Terms are **staggered**, expiring every two years to ensure continuity.
- A governor can serve beyond their term **until a successor is appointed and confirmed.**
- All seven positions are currently **filled**, which hasn't always been the case in past years.



Here are the **approximate ages** of the current Federal Reserve Board of Governors as of **April 2025**:

---

### **Federal Reserve Board of Governors Ages (April 2025)**

| **Name** | **Date of Birth** | **Approx. Age** |
|-------------------------|----------------------|------------------|

| **Jerome Powell** | Feb 4, 1953 | **72 years old** |

| **Philip Jefferson** | 1961 (exact date not public) | **63-64 years old** |

| **Michael S. Barr** | Jan 19, 1965 | **60 years old** |

| **Lisa Cook** | 1964 (exact date not public) | **60-61 years old** |

| **Adriana Kugler** | 1969 (exact date not public) | **55-56 years old** |

| **Christopher Waller** | 1959 | **65-66 years old** |

| **Michelle Bowman** | May 25, 1971 | **53 years old** |

---


the Federal Reserve Governors can lean more hawkish (favoring higher rates to fight inflation) or dovish (favoring lower rates to support employment and growth). Here's a general view of where each currently stands, based on public statements, past votes, and economic philosophy:

Federal Reserve Board of Governors Policy Leanings (as of 2025)

Name General Leaning Notes
Jerome Powell (Chair) Centrist / Slightly Hawkish Tries to balance growth and inflation; has leaned hawkish since inflation surged in 20212022 but is more flexible now.

Philip Jefferson (Vice Chair) Dovish / Pragmatic Known for emphasis on employment and equity; generally favors a cautious approach to tightening.

Michael S. Barr (Vice Chair for Supervision) Moderate / Slightly Hawkish Focuses on financial stability and regulation, but has supported rate hikes when needed.

Lisa Cook Dovish Prioritizes full employment and economic inclusion; typically favors accommodative policy.

Adriana Kugler Dovish Labor economist; stresses job market health and reducing inequality.

Christopher Waller Hawkish Outspoken proponent of rate hikes to combat inflation; market-moving statements.

Michelle Bowman Hawkish Strong on fighting inflation and critical of over-accommodation; often votes for higher rates.

Summary:

Dovish-leaning (favoring lower rates): Jefferson, Cook, Kugler
Centrist or mixed: Powell, Barr
Hawkish-leaning (favoring higher rates): Waller, Bowman



If the positions are staggered every two years then how did Biden get to a point so many?



Excellent observation and you're right to be curious. On paper, the **Fed Board of Governors has 7 seats**, each with a **14-year staggered term**, expiring every **even-numbered year** (e.g., 2024, 2026, etc.). That means **one seat opens every two years**, in theory.

But in **practice**, vacancies often arise **sooner** due to:

1. **Early resignations or retirements**
2. **Unfilled seats** that previous administrations didn't fill
3. **Promotions to Chair or Vice Chair** (which require re-confirmation)
4. **Reappointments** to new 14-year terms

---

### **How Biden got to appoint so many**

When President **Joe Biden** took office in **January 2021**, the Fed Board was **understaffed** only 5 of 7 seats were filled, and several terms were nearing expiration. Here's how things unfolded:

#### **1. Lisa Cook**
- Seat was **vacant** for years (since 2015)
- Appointed and confirmed in 2022

#### **2. Philip Jefferson**
- Filled the seat vacated by **Richard Clarida** (who resigned in early 2022)
- Appointed in 2022

#### **3. Michael S. Barr**
- Filled the role of **Vice Chair for Supervision**, after Biden's first nominee Sarah Bloom Raskin withdrew
- Appointed in 2022

#### **4. Adriana Kugler**
- Filled the seat vacated by **Lael Brainard**, who became Director of the National Economic Council in 2023
- Confirmed in 2023

#### **5. Reappointed Jerome Powell as Chair**
- Though originally appointed by Trump, Biden reappointed him in 2022

#### **6. Reappointed Michelle Bowman**
- Bowman was originally nominated by Trump but reappointed by Biden in 2020 when her term expired

---

### Summary

So while only **one new term opens every 2 years**, Biden was able to nominate **4 entirely new members** and **reappoint 2 others** due to **vacancies, resignations, and expiring terms**.

It's not uncommon for presidents to fill multiple seats during one term if the timing aligns with turnover and Biden's term coincided with a lot of reshuffling at the Fed.

Would you like to see how that compares to how many Trump or Obama appointed during their terms?

concordtom said:

---

Summary:

Dovish-leaning (favoring lower rates): Jefferson, Cook, Kugler
Centrist or mixed: Powell, Barr
Hawkish-leaning (favoring higher rates): Waller, Bowman

---

The FED won't be leading the way anytime soon to cutting rates.
The market will lead them.

The FED will remain data dependent and "lag" because the data lags.
They won't be making any overt policy changes until the dust settles on all of this.

Because the last thing they want to do is get "whipsawed" just like every CEO in America right now.

Former Fed Vice Chair Lael Brainard on tariffs impact: The Federal Reserve is in a bind here

DiabloWags said:

---

concordtom said:

---

Summary:

Dovish-leaning (favoring lower rates): Jefferson, Cook, Kugler
Centrist or mixed: Powell, Barr
Hawkish-leaning (favoring higher rates): Waller, Bowman

---

The FED won't be leading the way anytime soon to cutting rates.
The market will lead them.

The FED will remain data dependent and "lag" because the data lags.
They won't be making any overt policy changes until the dust settles on all of this.

---

Except Trump was often talking about in his first term how he wanted to chase folks off and replace them.
Thus, I was inquiring about the composition and see if old people would be retiring.
I see quite the contrary.

You know Trump wants to fire everyone and install puppets who just do whatever he says.

DiabloWags said:

---

Karline Leavitt says that the rumor from Hassett is FAKE NEWS.

Back to the sell off.

---

Twitter letting random users pay $8 a month for a verified badge just led to a $4 trillion market mistake caused by fake news. pic.twitter.com/pPbSvUuvTu

— Matt McDermott (@mattmfm) April 7, 2025

concordtom said:

---

Except Trump was often talking about in his first term how he wanted to chase folks off and replace them.
Thus, I was inquiring about the composition and see if old people would be retiring.
I see quite the contrary.

You know Trump wants to fire everyone and install puppets who just do whatever he says.

---

Trump doesn't have the power to fire Powell or force him to resign.
There is no statute that exists that gives him that power.

Powell will remain the Fed Chairman till his term is up in another 1.5 years

DiabloWags said:

---

concordtom said:

---

Except Trump was often talking about in his first term how he wanted to chase folks off and replace them.
Thus, I was inquiring about the composition and see if old people would be retiring.
I see quite the contrary.

You know Trump wants to fire everyone and install puppets who just do whatever he says.

---

Trump doesn't have the power to fire Powell or force him to resign.
There is no statute that exists that gives him that power.

Powell will remain the Fed Chairman till his term is up in another 1.5 years

---

I understand. But Trump works in sneaky ways. One always must be considering the sneaky ways.

concordtom said:

---

DiabloWags said:

---

concordtom said:

---

Except Trump was often talking about in his first term how he wanted to chase folks off and replace them.
Thus, I was inquiring about the composition and see if old people would be retiring.
I see quite the contrary.

You know Trump wants to fire everyone and install puppets who just do whatever he says.

---

Trump doesn't have the power to fire Powell or force him to resign.
There is no statute that exists that gives him that power.

Powell will remain the Fed Chairman till his term is up in another 1.5 years

---

I understand. But Trump works in sneaky ways. One always must be considering the sneaky ways.

---

If I spent my time being that paranoid I'd never be able to get out of bed in the morning.
Let alone focus on what is about to happen at 6:30 am

DiabloWags said:

---

concordtom said:

---

DiabloWags said:

---

concordtom said:

---

Except Trump was often talking about in his first term how he wanted to chase folks off and replace them.
Thus, I was inquiring about the composition and see if old people would be retiring.
I see quite the contrary.

You know Trump wants to fire everyone and install puppets who just do whatever he says.

---

Trump doesn't have the power to fire Powell or force him to resign.
There is no statute that exists that gives him that power.

Powell will remain the Fed Chairman till his term is up in another 1.5 years

---

I understand. But Trump works in sneaky ways. One always must be considering the sneaky ways.

---

If I spent my time being that paranoid I'd never be able to get out of bed in the morning.
Let alone focus on what is about to happen at 6:30 am

---

Our friend in greater San Diego (Socaltownie) had mused

"I read over the weekend something in the sub-genre of "Trump is actually a genius" that this is designed to force Powell into an emergency rate cut. Perhaps multiple over the course of the next 12 months. "

So I was answering with my own I g musing about how it might just be easier to replace the Fed members with puppets.

Just as Dems mused about expanding the SCOTUS, I began pondering how Trump could reconfigure the Fed to get what he wants.

# of seats could expand, requires Congress.

Market got a "lift" for an hour and twenty minutes due to the President of the EU saying that they would be willing to negotiate a 0% tariff.

But that's no real skin off their back given that the WTO says that their tariff on U.S. exports is only 4.8% and nowhere near that 39% bogus number that the White Houe claimed.

SPY peaked at 11:20 am PST and his rolling over again.
502.70 last

The final hour should be most interesting.