Started By
Message

Luntz is stunned by these Trump voters on the stock market 'crash'

Posted on 4/26/25 at 8:34 pm
Posted by captainFid
Vestavia, AL
Member since Dec 2014
7662 posts
Posted on 4/26/25 at 8:34 pm
'Never Trumper' Frank Luntz asks a group about the stock market, how Trump 'has crashed your 401k's, most of yous, from the tariffs'

Indexed to this point of the video...

Posted by TigersHuskers
Nebraska
Member since Oct 2014
12153 posts
Posted on 4/26/25 at 9:57 pm to
Is he gonna stroke out again over Trump?
Posted by Thundercles
Mars
Member since Sep 2010
6028 posts
Posted on 4/26/25 at 10:34 pm to
I've always thought this.

First, the average American does not have a very big stock portfolio to begin with. Stocks are heavily weighted to the top 20% of net worth in the country.

Second, the Americans that do have big enough portfolios to feel an impact have enough brains to know this was a temporary dip and not something to panic over like a true collapse.

The media class has been trying to hype the tariff dip and it's just not sticking. It's beautiful.
Posted by Riverside
Member since Jul 2022
5093 posts
Posted on 4/26/25 at 10:41 pm to
We have seen this focus group play out on this board. We have Bunk, SeldomSenile, Roger, SfP, etc., playing the role of Frank Luntz daily.
Posted by Beessnax
Member since Nov 2015
10116 posts
Posted on 4/26/25 at 10:49 pm to
I am buying every S&P share that I can squeeze out money to buy right now. This is a great opportunity and everyone should take advantage of it
Posted by SaintsReportExile
Member since Nov 2023
516 posts
Posted on 4/27/25 at 1:04 am to
Isn't Luntz the same dude that was pretty much guaranteeing a Kamala victory about a month prior to the election?
Posted by JackieTreehorn
Malibu
Member since Sep 2013
32616 posts
Posted on 4/27/25 at 2:42 am to
Like most tubs of goo these days, Frank has grown a beard to hide his fat.

Posted by Lawyered
The Sip
Member since Oct 2016
34577 posts
Posted on 4/27/25 at 3:36 am to
They so badly want to portray this as October of 1929

But it isn’t
Posted by Diamondawg
Mississippi
Member since Oct 2006
34865 posts
Posted on 4/27/25 at 6:54 am to
Never ask questions you don't know the answer to especially in a large group assembled like that. Ameteur!
Posted by Tigergreg
Metairie
Member since Feb 2005
20791 posts
Posted on 4/27/25 at 6:59 am to
If Luntz wants credibility at polling, he really should stick to unbiased questions. When he did not get the answer he expected (or wanted), he phrased the questions in a "gotcha form", but it still didn't work.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
86815 posts
Posted on 4/27/25 at 7:05 am to
LakeSoy7 wants everyone to be mad about the economy crashing

He pretends to have a big portfolio like all the money board clowns
Posted by Big4SALTbro
Member since Jun 2019
20582 posts
Posted on 4/27/25 at 7:10 am to
no one in there 30s 40s or 50s should care about a crash that will ultimately bounce back.
Posted by FLTech
the A
Member since Sep 2017
20990 posts
Posted on 4/27/25 at 7:14 am to
Love this dude’s podcasts! It’s been fascinating watching his subscription numbers over the past year - he’s blowing up!

“Boy oh boy oh boy oh boy - okaaaay!”
Posted by Mandtgr47
Member since Aug 2024
5508 posts
Posted on 4/27/25 at 7:29 am to
Serious question, has anyone seen Roger on here? I have been pretty busy the last several days so not a lot of time on here, but what time I have been on here, I haven't seen him in any thread?

Asking seriously. I'm afraid he may be back in rehab, or worse. He was losing it pretty bad here not long ago and with his history.....
Posted by Mandtgr47
Member since Aug 2024
5508 posts
Posted on 4/27/25 at 7:31 am to
early 50s maybe, depending on when you gonna retire. I'm late 50s and wanting to work til around 65. I'm already pulling out of higher risk stocks/funds, not entirely, but my mix is much more conservative now.
Posted by Tigergreg
Metairie
Member since Feb 2005
20791 posts
Posted on 4/27/25 at 7:55 am to
quote:

has anyone seen Roger on here?


Probably out keying Teslas for fun.
Posted by LSU82BILL
Fort Lauderdale, FL
Member since Sep 2006
10603 posts
Posted on 4/27/25 at 8:10 am to
quote:

First, the average American does not have a very big stock portfolio to begin with. Stocks are heavily weighted to the top 20% of net worth in the country.


The average American has no idea what the specific holdings in their 401(k) are. Most retirement accounts that aren’t self managed are invested in equities themselves or mutual funds, index funds or ETF’s that are predominantly invested in equities.
Posted by I20goon
about 7mi down a dirt road
Member since Aug 2013
17183 posts
Posted on 4/27/25 at 9:27 am to
quote:

I've always thought this.

First, the average American does not have a very big stock portfolio to begin with. Stocks are heavily weighted to the top 20% of net worth in the country.

Second, the Americans that do have big enough portfolios to feel an impact have enough brains to know this was a temporary dip and not something to panic over like a true collapse.

The media class has been trying to hype the tariff dip and it's just not sticking. It's beautiful.
spot on summary. All points
Posted by wdhalgren
Member since May 2013
3823 posts
Posted on 4/27/25 at 9:50 am to
quote:

Second, the Americans that do have big enough portfolios to feel an impact have enough brains to know this was a temporary dip and not something to panic over like a true collapse.


I know it's heresy to say this, but fixing the US economy will most likely entail a collapse of the stock market, in inflation adjusted terms at the minimum. Even though the S&P 500 has been steadily rising for decades with only short sharp pullbacks, if we ever do what it takes to reduce debt fueled consumption, that will change
Posted by GumboPot
Member since Mar 2009
132542 posts
Posted on 4/27/25 at 9:58 am to
That was an excellent comment by the guy mentioning price elasticity. I vaguely remember the concept from one of my economic courses but to refresh here's the definition:

Price Elasticity of Demand (PED):

Formula: PED = (% Change in Quantity Demanded) / (% Change in Price)

Elastic (PED > 1): Demand is sensitive to price changes (e.g., luxury goods like designer clothes). A small price increase leads to a large drop in demand.

Inelastic (PED < 1): Demand is less sensitive (e.g., necessities like medicine). Price changes have little impact on quantity demanded.

Unit Elastic (PED = 1): Percentage change in demand equals percentage change in price.

Factors affecting PED:

Substitutes: More substitutes make demand more elastic.
Necessity vs. luxury: Necessities are inelastic; luxuries are elastic.
Time: Demand is more elastic in the long run as consumers adjust.
Proportion of income: Goods taking a large share of income are more elastic.

It terms of tariff policy it appears Trump is putting a lot of pressure on elastic goods from China (minus steel and aluminum) and relieving price pressure on inelastic goods like oil. With more money to spend because of saving on energy (inelastic goods) people will be okay with purchasing elastic good substitutes.
first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram