ilmscore | They Said Trump Would Crash the Economy…

They Said Trump Would Crash the Economy…

Predictions from this Video

Total: 10
Correct: 4
Incorrect: 2
Pending: 3
Unrated: 1
Prediction
Topic
Status
Trump's tariffs are predicted to have caused over $3 trillion in investments into US factories, supply chains, and jobs.
"President Trump's tariffs triggered over $3 trillion in new investments recently flowing back into American factories, supply chains, and jobs."
US Reindustrialization
Pending
Trump's tariff strategy is framed as a plan to reset the global economy and bring manufacturing back to the US, not to crash the market.
"this was not the plan to crash the market, but a strategy to reset the global economy and bring manufacturing back into the United States."
US Reindustrialization Strategy
Incorrect
The speaker suggests a return to an economic era before 1913, when tariffs funded the US government and the country was booming.
"America was built on tariffs with no income tax. No income tax till 1913. And the government didn't need your paycheck to run the country because tariffs funded everything. America was booming. The US was the richest country on earth."
US Economic Era
Unrated
Trump's tariffs are stated to have resulted in over $3 trillion of new investment flowing back into US factories, supply chains, and jobs.
"President Trump's tariffs triggered over $3 trillion in new investments recently flowing back into American factories, supply chains, and jobs."
Investment and Manufacturing in the US
Incorrect
The speaker asserts Trump's belief that access to the US market is a privilege requiring fair play from other countries.
"He believes access to the US market was a privilege and not a right. And if other countries want to keep selling to the US, they'd have to start playing fair."
US Market Access
Correct
Predictions of over a million new jobs and over $3 trillion in new investments from entities like the UAE, Saudi Arabia, and Apple are presented as a result of Trump's policies.
"there's now going to be over a million new jobs and over $3 trillion of new investments from countries like the UAE, which just committed $1.4 trillion into the US over the next 10 years. Saudi Arabia promised over $600 billion of new investment. Apple announced an insane $500 billion over the next four years."
New Jobs and Investments
Pending
Specific investment commitments totaling hundreds of billions of dollars from various companies, including Open AAI, Oracle, Soft Bank, TSMC, Johnson & Johnson, Eli Lilly, Honda, and Hyundai, are highlighted.
"Open AAI, Oracle, and Japan's Soft Bank committed $500 billion, $285 billion from Seammens. Taiwan's TSMC committed hundred billion. Johnson and Johnson plans to invest more than $55 billion over the next four years. Eli Liy 27 billion. And even car manufacturers like Honda and Hyundai announced tens of billions of dollars of their own."
Investment Commitments
Pending
The S&P 500 is predicted to have returned nearly 50% from 2017 to 2020, despite various global challenges during Trump's presidency.
"during Trump's presidency, from 2017 to 2020, the S&P 500 returned almost 50% even with all the chaos, the trade wars, the interest rate battles, and even a global pandemic in the final year."
US Market Performance
Correct
A $10,000 investment from 1988 to 2024 would have grown to over $500,000, with missing only the top five best days resulting in a 37% reduction, highlighting the importance of long-term investment.
"from 2003 to 2022, a $10,000 investment would have grown to over half a million if you stayed fully invested from 1988 to 2024. But if you were going to try to time the market and you missed just the top five best days in the stock market out of 37 years, that would leave you with $330,000, which is still a lot of money, but that's 37% less."
Long-Term Investment Growth
Correct
The speaker predicts that those who remain invested through market fear and negative headlines will be the winners.
"The winners are the people who stay invested through the fear, through the headlines, even the ones that say Trump and the tariffs are really bad."
Market Investment Strategy
Correct