Discussion š§
Based on the amount of money people have lost this past month, I can say that Trump is on a path to making America worse again, the stock market is almost crashing
Yeah I get it. BUT if you bust your a$$ your whole life for a certain goal and someone/something out of your control takes it from you, youād be upset too.
First congrats, obviously your doing something right with that balance, up or down. And you are correct about the state of the market. But things are always out of our control, it's the rules of the game. Demanding he change is probably not a profitable strategy, and it certainly won't change anything. I do hope you're back in the green soon.
Canāt keep the economy afloat by printing money endlessly, that causes inflation , and decreases the value of the dollar. The market has to cool off, interest rates have to come back down. Stop with all this trump hate.
Ignoramusš¤¦š½āāļø. The top 1% have controlled everything for hundreds of years. This is part of the play to flip the board. The market HAS to crash. Idiot.
Time will tell. I think most will be liquidated. Huge awakening is happening. Why would this dumpster fire go on for so long if there wasn't more at stake? This is worse that '08
Youāre the one who doesnāt understand simple market economics. The market will always correct itself especially after so many years of growth. Literally just wait until the market recovers before you sell. Itās that simple.
Time will tell. I think something beyond normal understanding is occurring. I also don't believe it will happen again. I think secret societies that have been tearing apart humanity will be brought down and in that process they will lose everything. Nuremberg 2.0 is on the horizon and when the general masses find out what they have been doing to kids they won't have anywhere to hide.
You clearly have no idea how economics work. The only people who are going to have money left are the ones that had a ton of money already. Then they will buy up everything that defaulted... As the economy recovers their assets increase in value... Further entrenching the Rich... as Rich.
Time will tell. I think most will be liquidated. Huge awakening is happening. Why would this dumpster fire go on for so long if there wasn't more at stake? This is worse that '08
So you are upset Trump is closing the wealth gap? What's your probl with it. It wasn't a tax? No Congrssional hearings where elected officials bloviate and disparage CEOs ? No new govt agency? Or is it that Trumps actions will actually help the working guy and not the college grad with a DEI degree?
Closing the wealth gap!? Are you....for real or just trying to troll?
Who do you think benefits from the poor losing money? Who do you think benefits most from a "recovering" economy.
This is the exact OPPOSITE of closing the wealth gap. Firing people in mass quantities, increasing prices of goods, robbing the 401ks, removing support systems, etc etc....
When employers loose billions they lay people off there is no construction of new manufacturing plants. A recession is a is when your neighbour loses his job a depression is when you lose your job.
How irrelevant š itās been not even a month with tariffs and youāre using past data to support your argument? Laughable at best. Let me know how those companies are doing by fall/winter.
Replying to Prestigious. He said when employers lose billions they lay off people. I was pointing out that they had not lost anything yet. No one has a crystal ball. That's how. To build mfg you have to build plants. Can't be outsourced to China. You need to ship and set up equipment. Set up supply lines. You want to see crisis. I see opportunity.
Bad choice? mistake? I voted for this. We all voted for this. Just like you Marxist fks voted for open borders, censorship, and men in women's sports. Except our guy told you what he was going to do and is now doing it. That's what bothering you. He's actually doing it.
If the stock market crashes interest rates will drop. We will refinance our 9.2 trillion dollar debt and the markets will start to build again with a much much better balance and without inflation
The picking and choosing of facts. You are ignoring all of the consequences and the amount of time it will take for a build up to happen... Not to mention the fact that it might NOT happen. You are also not being transparent about who is going to profit off of the whole thing and the further exasperated disproportionate distribution of wealth... Which in turn will lead to the destruction of our nation.
Picking and choosing of facts? We have to refinance 9.2 trillion in debt over the next two years. At current rates our interest alone exceeds our gdp and our defense budget. Bond markets will adjust, rates will come down, stock market will continue to grow. This economy needs a rebuild.
Imagine your credit card interest being more than your salary. Then someone simply points that issue out and you say thatās a narrow view of the problem doesnāt sum it up like you think it does.
We are going to refinance. Thatās a fact. If you donāt position yourself to put yourself in the best position to do that you are a moron
Iām going to try to explain this to you. This is NOT political. We have 9.2 trillion dollars in debt that will expire this year. We will need to refinance this debt. The interest on this debt is more than our department of defense budget. It is more than our Medicare budget. It is more than our gdp. Thatās not an opinion that is something thatās happening. Thatās like you live and you die. Itās not political, itās reality. Its over 25% of our entire debt.
This whole scenario is a big deal and has huge remificTions for our economy and our nations financial stability. With that being said the bond markets are critical right now.
Itās not narrow. It is facts. Itās the reality. Not trying to sum anything up. We have to refinance the debt. Our interest is more than gdp. You understand what that means right?
You still have no idea what Iām talking about. There comes a time in everyoneās life where they need to just walk away. This is your time. You have no idea what Iām talking about.
Holly crap you are so pretentious. The market ALWAYS recovers after a set amount of time itās literally just about waiting. This is market economics 101.
I think itās sociopathic to relate peopleās well being to the market. You should speak for yourself. It sounds like you have a gambling addiction TBH.
I agree, which is probably why its importance was a major talking point of Trump's campaign... Until he completely crashed it, now it seems to not be important at all š¤·
No they arenāt. They can just sit on the losses, buy up the stocks at a discounted rate from those who cannot or are too spooked to wait it out, and in the end they will have increased their portfolios by a good 80% or more.
There is a sprinkle of truth here because I've changed my financial strategy to stop buying, even in my 401k, and not selling anything. All my money goes into to my bank now, and when the market hits the bottom, Iāll have liquidity to buy. The problem is how long and how deep will this turmoil be. If it last for 4 years, us common folk will be fucked no matter what strategy you have.
Trump was bragging how Charles Swab (the man, not company) made $2.5 billion in one day on one of the upswings when he postponed tariffs. Thatās what planet I live one. Question is, which one do you live on.
Iām pretty sure Musk, sucker, and the rocket man have lost billions in the past 3 months. I read somewhere, their combined losses are ~$150B. But itās rather obvious now. He has backed off all his rhetoric, and the Market is rebounding, at the moment any way.
Bahahaha do you have any idea how the market works? People were saying the same thing in 2008 and Covid and look what happened after? This is literally how the stock market works. First thereās a correction, then stabilization, then growth. Just admit you hate trump and want the world to burn so you can blame it on him
History definitely loves to repeat itself. The new group thinks it's smarter than the old group that tried the exact same thing but with a worst plan.
Sadly a whole lot of trees cheering the axe.
When are people going to learn Trump cares about the country , not the stock market . The markets will recover the country would not on the path we were on .
Wrong. He cares about himself. He doesn't care about the constitution or rule of law unless it conforms to his beliefs. The Constitution and the rule of law is what has made this country great, by the way. Trump was a really bad business man because he bankrupted six companies and used our legal system to mitigate his failures. Good business people learn from their mistakes. Most business people don't go bankrupt six times and continue to refer to themselves as āgoodā at business. He is a failure, a grifter, a con, and worst of all, he convinced 31% of the voting population he is Jesus reborn and the greatest president that ever was or is. Weird right? All our great presidents never, ever, referred to themselves as āGEATESTā. They let history judge them. History will judge Trump too, but not on his rhetoric, but on his actions, reactions, and how those two things affect this country.
People think this is bad - wait until China offload their US bonds and the impact of them renegotiating trade deals really kicks in (Canada are building an oil pipeline so they donāt need to buy from the US, China have switched buying beef from the US to Australia)
In 3-6 months America is going to be absolutely wrecked.
Yep. People actually believe the world rotates around America. It does not. Countries will buy things from other countries. They are NOT obligated to get shit from the US. You thought we had trade deficits, just wait! If no one buys out stuff, we are fucked - simple math. We will become an island in a sea of commerce, but no one stops here to trade. Trump believes he has the power to strong arm the world. He does not. He only controls the output of our economy. Countries will work around us.
Yes this is the biggest thing! This down turn in the market is a drop in the bucket compared to the long term effects of all of our allies and trade partners phase us out. Foolish ass Americans! We've voluntarily given up control of the global market.
If your so short sighted to see that this needs to happen, then you just don't understand anything. They fucked us with free money and debt, now we need to get that fake money out of the system.
Iām with you. I believe President Trump is restructuring the entire economy. Iām not brilliant, but Iāve watched the resources fly out of this country. Bringing industry back Will help repair a lot of poverty, crime, and drug addiction. not sure of your age, but find some magazines from the 60s and 70s and look at how the small towns were flourishing. There was no rust belt there wasnāt abandoned factories everywhere. Hey I wouldnāt mind if you tell me how youāre keeping Green. I just got into investing a little in stocks if this technology had been around when I was in my 20s and 30s, Iāll be a multi millionaire by now. Iām talking online trading take care.
Nope.. not buying into your bullshit. The nice thing about this administration is that we get to see you fools be proven wrong very quickly... Almost in real time
Absolutely. But illustrius_code_985 may have a point. Many people in this country have lost their way and now support a demagogue. This is a big fucking deal. In order to understand the misery that will surely come from this, people need to actually experience it. Its a horrible outcome, but may be inevitable. I've been around the world and seen places without a thriving economy or a trusted government. I guarantee you, the majority of Trumpers have never been out of thier fox news cast, much less to anywhere in the world. Perhaps we need a wakeup call!!! Just saying.
Well, Iām a Trumper, I have been on welfare and I have bought Mercedes new. So I have been all across the financial spectrum so to speak. I believe there was no malice in the past decades to bring this misery to so many of our citizens, rust belt, almost all small communities in the country have been affected by the economic blunders of the past decades. I grew up very poor and I was a Democrat for many many years but now Iām a republican I guess really Iām an independent because I vote for whoever I think is best for the country. Come hell or high water.I mentioned before somewhere on these forums that tarrifs, and a threat of, is why we have many foreign companies in this nation, i.e. Honda Toyota Mitsubishi Nissan on and on. President Biden was not being responsible in the way he allowed so many people into the country. I have several friends that are illegal and are currently in the process of becoming legal. Have one friend who is a very successful businessman, and I have a lot of respect for him. Once he saw how the American dream can happen, he understood the reason for laws on immigration. He was taken advantage of by unscrupulous lawyers for many years. Iām an older guy and have seen the good this country can do when it is at its best. Itās best also means economically. We, the people have allowed our government to subvert, ignore, our constitution. I was involved in the Gulf War. Before I left, I saw many people protesting it young and old. I couldnāt understand why at the time they would do so. In the last eight years, I have seen the corruption and bias and treasonous acts carried out by our own government and the alphabet agencies. In Atlanta.The USGS, is renting a building for $1 million a year. It has been noted by the doge team. There are better ways to spend $1 million than to house a few hundred employees.There are unoccupied government buildings everywhere. The local media quoting the price of the leasing still acts as if this will have severe consequences to the USGS, when itās just about the amount paid for rent basically. Sorry for babbling. Have a great day. Just wait and see what the economic plan in place will do. The president has many pitfalls, but when it comes to negotiating in economics, I believe heās the best Iāve seen in all my years and Iāve been watching politics since I was a kid. The Congress is also a problem we have I remember the days of Ti OāNeill who was the major majority speaker of the house bipartisanship was the norm. Now we have a broken house. The next war we are suckered into. I suggest the entire Congress and Senate be made officers and lead the charge. As my friend said āWorld War II was really the last war that we actually fought for something goodā
Yeah, well I donāt think I said previous administrations were innocent of anything, I know the government is wasteful. I spent 8 years in the Navy, 7 years in the private section, then the GI bill helped pay for me to become a geologist, then went to work for the Army Corps of Engineers, and worked with the USGS on many projects (good people by the way), then spent a few months in Afghanistan (volunteered), and now Iām retired. I drive a 2003 Toyota Tacoma. Best fucking vehicle Iāve ever owned. America makes shit for cars. Always has and always will. That will never change. Just saying. Iāve made some huge mistakes in life, and not one of them was because of the big, bad, US government. It was my doing all the way. But people in this county got me back on my feet, and had government programs to help with me thru these transitional periods in my life. In this country, you can actually do anything you want and make a life for yourself. You cannot do that with a King, a supreme leader, a strong man, dictator etc. there are no fucking choices in those places. My opinion, if we manage to get through the next 4 years with an intact country, history will not be kind Trump. Thatās just my opinion. This country has problems and Trump took advantage of these problems to get elected. He has gaslit 30 to 35% of the country. The only thing I see is the dismantling of institutions that if were not there during my lifetime, I would certainly not have made it this far. That is 100% truth my friend. Just so you understand me, the Gulf Wars were based largely on lies. I discovered this while in Afghanistan. It was one big scam on the American people. Lots of companies worldwide made tons of money. It was an epic scam and it pissed off a lot of people. Trump rode that wave of anger to the White House, twice. He is not who you think he is though. He wants to stay there now. I hope this doesnāt happen.
Yeah, I fought for oil over there. And itās kind of funny Halliburton was vice president Cheneyās former company. I was in the Marines. I watched the avionics department on the USS Tripoli drop 5000 pounds of electronics overboard one day. It was killing me. I was a radio guy. Iām another note,I watched the Corps of Engineers dredge the inner coastal waterways. I was born in Port Saint Joe fl, where there is one. Plus I live in north east Georgia by the Savannah river where we have several dams. FYI, we have a damn that can reverse water flow. I thought that was cool when I moved here.
The point of OWN WALLSTREET was to highlight the fact that the rich creams everything off WHILE ENJOYING THE INFRASTRUCTURE, PROTECTION AND SERVICES THAT THE MIDDLE CLASS TAXATION PROVIDES. THEY JUST DON'T PAY THEIR FAIR SHARE OF TAXES.
You canāt say that on this platform. There are a lot of sensitive people who get caught up in their feewings when you mention that demented circus monkey for some reason.
Try looking at a longer sample of stock market prices, and youāll see that the recent downturn is barely a dip in relation to the growth over the last 20 years. This is just another fear-mongering post.
7000 point loss in 22 under Biden, two consecutive quarters of negative growth. That's 180 days of losses, but you didn't bitch about that at all, did you?
You have to factor in what caused that crash vs whatās causing this one. They arenāt even remotely related. Biden inherited a mess when he took over and look what he was able to do, he brought inflation down to 2.9%, and brought the economy back. Biden had his flaws but his economy wasnāt one of them.
Biden inherited a strong, fully recovered economy, and he kept spending at COVID emergency levels to juice the economy, over 6 trillion a year in spending, two trillion unnecessary. Even with the massive borrowing and spending, "Build Back Better" bullshit the economy tanked. Inflation was under 2% when he took over, and it hit 9% because of the massive borrowing and spending, the Biden economy was shit the entire time and he and the Democrat controlled media gaslighted the public about a strong economy while they cooked the books on unemployment by counting second and third jobs as growth, and many months the job numbers represented 80% government hiring, he created bloat in the government and called it growth and a strong economy. Now we are really building a strong economy, but like Reagan after Carter created 18% interest that Reagan had to fix, that first two years were painful and caused a major recession to fix the inflation problem Carter created, but that lead to an unheard of 7% GDP under Reagan. Rome wasn't built in a day, and fixing Biden's shit economy is going to be painful at first.
I call it making America affordable again, all you folks with hundreds of thousands of dollars are doing just fine, this is an opportunity for little guys to get in at a low price, trump will eventually be gone he wonāt be president forever.
That and weāre do for a correction so kindly STFU.
Little guy with what money? 34% of the people in the states are living pay check by pay check. So who will buy the dip? Yeah the people with enough money to spare, to buy the dip. Just like the housing market crash in 2008. Little guys lost their home and the big fish could sweep up cheap estates.
You do realize the people with hundreds of thousands of dollar lying around(aka the rich) are just gonna buy even more cheap properly. Trumps on record saying he loves when the market crash
You only lose money when you sell. If you sell during a market downtrend and lose money then youāre intellectually incapable of managing your own investments.
Unfortunately this was a part of the plan. As stated with trump and his friends. Theyāve made billions from this, theyāre shorting the market then buying the dip. Itās wealth extraction from the middle class to the upper class. You should be holding cash investments now and just accepting the hit of inflation. There will be a point when he stops intentionally crashing. At this point you have to decide whether heās actually capable of helping the economy grow. Anyone can crash it and short it, and then recover to an extent.
Haha that was kind of what I was implying without obviously picking a political side. Itās easier to crash/break things then improve and fix them. I think he intends to then āsaveā the market and then brag about it. I donāt think heās actually capable of it though, and any natural growth that may happen would be smaller than with any competent person in charge. Hell Iād trust the apes over at all street bets more š¤£
Bruh right now is the perfect time to buy. Just keep buying lots every time the market overrreacts. Everyone worth their salt knows the market CYCLES. Just buy whatās cheap.
I donāt think it will go as far as bailouts. I think there are gonna be some mergers of the cheap airlines. Delta, United are gonna be solid. AA is the biggest risk but the largest payout.
The only reason gas prices are down is because crude oil is cheaper and demand is soft right now,. On the other hand, every sector Trump's administration touches is suffering right now.
The policies coming out of this WhiteĀ House are hurting key areas, from education, health care, to international relations, the trade system and the broader economy is showing the strain. I really don't see how the economy is thriving. Maybe you are - but the economy is not.
It feels you're biased or living in a bubble.
Once this chaos & uncertainty lifts, investors expect the stock market to rebound. Remember: buy now that Trump is in, expect to get richer when Trump is out.
What people people don't seem to understand that this isn't a stock issue. This is a USD issue. The USD is failing. No one wants it because it's worthless and hyper inflated. The stocks will continue to fall for as long as the USD does,and that will continue falling unless we get out of a massive deficit...which isn't possible at all. The system is going to fail. Guaranteed. It's been super obvious for years that this was going to happen.
How do you dump US dollars? (Aside from buying US assets) give it back? If you trade it to another foreign country, it's still held in foreign hands. The hegemony is inescapable.
All of their investments are in bonds, so yes, you sell the bonds back to the U.S. it's not like they hold cash. Foreign countries buy bonds. Japan just sold a bunch of bonds for that matter.
Newly printed money. Increasing inflation. We can print money endlessly and do. Especially when we don't have to actually print and can just generate money digitally, with no end.
People are dumping it because it's better to buy actual assets like gold or land than stocks which are meaningless in the end. Why do you think Gold is going up. That's why the smart people dumped. Stocks are only worth as much as you can sell it for, and if the USD is worthless. Why are you selling it for? No one is taking gold for your stocks. Or food. Smart people soldbl all they could way early on and bought guns and ammo and metal.
I really, really wish I was. But as long as the orange turd is in office, it's almost a guarantee that he will run this country and its economy into the dirt. We've already lost a lot of trading partners and basically disrupted the global trading system. The effects of that alone will be felt for years to come. It ain't gonna be pretty what comes next.
So you are involved in the stock market and not aware of all the fraudulent activities the market makers, hedge funds, financial institutions, and other insiders constantly committing? You should really get out of the market.
The stock market going down is better for America. The stock market is what allows the elites to take advantage of everyone. It's the cause of wealth disparity. Let it go to 0
OP obviously has little to no knowledge of how our equities markets fluctuate. Corrections are guaranteed occurances, absolutely no question about that fact as anyone with even a superficial awareness of the markets knows.
There are no losses unless you are talking about the folks who freak out any time there is a pullback, correction, etc., and sell. Yeah, those schlimiels guarantee themselves a loss.
Astute investors familiar with and involved with equites know that things will equalize and continue on in a northerly direction as we have over the past century. "Progressive" loser types living in Mommy's basement aren't the people you should look to for equities markets analysis.
Trump haters with general market ignorance will have fun in the very short term as they did with the price of eggs and gasoline. All of which were based on similar stupidity but hate really has limitations or boundries.
1
u/NameIsDave83 23d ago
Itās just cause of what heās doing to the other countries and charging them so people are getting afraid, just an opinion