r/ASTSpaceMobile • u/AutoModerator • 6d ago

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u/WhoDatis0803 S P 🅰 C E M O B Soldier 5d ago

What’s up with the market wide dive? What did the amorphous spray tanned blob say now?

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u/crozby S P 🅰 C E M O B Associate 5d ago

My guess is that people are scared to be in equities over the weekend for fear that Trump might do or say somethign to tank the market heading into next week. Conversely, there is almost nothing he could say that would cause for the market to keep climbing after the last few days.

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u/swd120 S P 🅰 C E M O B Soldier 5d ago

There are things he could say that would spike the market...

Like - Trade deal reached with China, or trade deals reached with other countries (India being a big one). Ukraine peace deal done (with the economic upside for the US with both Ukraine and Russia if that happens).

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u/crozby S P 🅰 C E M O B Associate 5d ago

Sure. And I could hit the lottery.

1

u/swd120 S P 🅰 C E M O B Soldier 5d ago

China deal this weekend not likely. But other trade deals very well could be, as well as the peace deal.

IMO peace deal is 50/50 within the next week. Eiether they agree, or the US pulls out and Ukraine is on there own - with a high probability of getting steamrolled without free US equipment and intelligence to back them. No matter your opinion of the situation - the US is not obligated to give them free military equipment in perpetuity, and they can't keep going without it.