My dad is a vet, uses the va, and retired 2 years ago, collects ss. My mom thinks she's going to be able to retire early (63) . They both voted for this shit... the I told you, so is going to be Xtra salty
Gee maybe the idiot voters in this country should have listened when he was blathering on about tariffs literally all year in 2024 and taken him at his word.
Or just voted for the black lady cause because it was the right thing to do. 🤷♀️
Not to be an apologist for the dullards but most Americans are too busy & passively get their “news” from awful and unverified sources with bad intentions(X, MetaAKAfacebook, Foxnews, OAN, random uninformed friends etc) their is an entire billionaire class with media empires that made this possible
Considering all the simultaneous factors in this drop it won't be a Thump_Pop_Thump drop but more like a Thump_pop_TRUMPTHRUMP_dripple drop. Not linear but geometric in nature.
There will be havoc when Feb monthly statements come out in April. Don't believe the Buy The Dippers. 2000, Feb 2020.
so ?? will MSM / corporate media droll ON & ON & ON & ON and ON and ON and ON AND ON‼️ about this as they did about so-called “price of eggs” leading into the NOV 5 election❓
WILL THEY be up in every ReTHUGlican’s face with questions about their policies & their “President”❓
Love the way Wall Street acts like there's nothing going on that could negatively impact the economy or the markets other than the specifically economic policies being put in effect. Some idiot at Wedbush rated TSLA a "best idea" as a "defensive stock" a couple days ago. And probably still has a job
I don’t follow the market much since my spouse is in finance and does our investments but whenever I read a little bit about it, I get the sense a lot of stuff is just made up.
When the bond market goes crazy because of tariffs and the undermining of the dollar as a global currency, the market is going to implode and it's going to be CNBC melting into an ocean
So the Models 3 and Y Models refresh versions are already stale. The EV price war in China persists. The Cybertruck is a massive flop. Tesla has negative brand value due to its association with Musk. European sales are grinding into dust. Tariffs are sticking. Subsidies only go so. Good bye Tesla.
Read Anne Appelbaum
Autocracy Inc
This is the playbook for Trump and President Musk
They WANT to crash the economy to consolidate more power
Doling out food , health care , jobs to obedient masses to keep in line
Autocrats playbook around the world
Keep alert!
While you certainly may be right, I'm going to go the conspiracy theory route: Putin is manipulating his puppets to do this. The reason I lean in this direction is what Trump is doing regarding Ukraine. It is more than just Trump seeking personal revenge against Zelenskyy.
I’ll take you one further - why Putin wants this to decentralize the dollar. And centralize some nonsense block chain currency that he happens to hold the keys to
The Trump trade has unwound and we are now where the market believed values were at the end of the Biden economy. But now we are faced with tariffs and a looming recession but things were pretty good under Biden. Means the market has a LOT FURTHER TO FALL.
I’m one of a growing number of people who believe Trump is creating chaos & manipulating the market to enrich himself & his cabal. Market goes down the wealthy gobble up stocks. Markets rebound they sell making enormous profits. Lining their pockets again more.
Comments
Oh wait…..he changed the components of the baseline GDP, right?
Anyway, not yet “bear market.”
So the DOW would have to fall to around 35,900.
I'd say by the time the Jobs report comes on April 4 we will likely officially be in a bear market
https://bsky.app/profile/hocuspocusblade.bsky.social/post/3ljxhavqvkc22
Sunlight or better
Yet buy American Bleach drink
It. Poof market just disappears
Or just voted for the black lady cause because it was the right thing to do. 🤷♀️
My IRA has lost over 10% just since Jan 20. I'm so tired of all the winning!
https://www.marketwatch.com/livecoverage/stock-market-today-dow-s-p-and-nasdaq-eye-lower-open-as-growth-fears-linger/card/the-magnificent-seven-is-headed-for-a-historic-loss-of-market-cap-HQoSNMHzbKb8PPXQ2QvM?mod=mw_quote_news
There will be havoc when Feb monthly statements come out in April. Don't believe the Buy The Dippers. 2000, Feb 2020.
To him, it IS the barometer of success.
I hope he has trouble peeling his fat ass from the golf cart.
WILL THEY be up in every ReTHUGlican’s face with questions about their policies & their “President”❓
Hold on, kiddies
“Last week was the first time since 1988 that US Stocks fell 3% while Global Stocks ex-US rose 2.5%!”
AI, Tech, Banks, Personal Equity all getting hit at same time
DOW has dropped 2,500 points since POTUS election. Thats approx’ $2.5tn to $3.0tn lost from value of US companies
You, americans, desecrated freedom.
This statue belongs to us because we love freedom, and we beheaded dictators in our public squares.
What have you done? Nothing.
Your media and your politicians are kissing Trump's ass.
Cowards!
Insanely inept AND evil.
Well done egg voters!
Autocracy Inc
This is the playbook for Trump and President Musk
They WANT to crash the economy to consolidate more power
Doling out food , health care , jobs to obedient masses to keep in line
Autocrats playbook around the world
Keep alert!
( It really isn't at all ok. General Strike remains a very valid option that will get attention because it's money that they listen to)
The evening shows will somehow blame Biden.
LOL
I do hope those whose IRAs/401ks and other investments are the 78,000,000 mouth breathers. Yes, I hope they lose they lose everything
How is the price of escaping-a-crisis gold, by the way?
Stock market will continue its slide
w
e
e
e
e
e
e
e
e
e
SPLAT!
https://www.economist.com/special-report/2024-10-19
Here was the DOW on Nov 1st, 2024. Before the election
(& 2nd photo is where it is today)