$9.6 trillion gone in 71 days. Since Trump's inauguration, Nasdaq is roughly 20% down. After the same amount of time during Biden's presidency, Nasdaq was 4% up.
And the rest of the week considering the larger tariffs only go into effect on Wednesday. We still haven't seen our first market halt happen yet so there's still room to fall
Consider that this might all be intended. Sounds crazy but when people start rioting because of a recession/depression, he’ll have ‘reason’ for martial law and a convenient third term+.
Well until recently people voted for people that although were flawed in many ways, they had some level of accountability. Trump has no accountability at all. Thats just the difference.
We get white people on IncogNegro Mode tryna get marches started all the time lately on black people Twitter... But even if done peacefully you'd have people in the crowd starting to act wild and riot and of course who will get the blame? Mhmmm....
And then of course martial law kicks in, they aren't even subtle about it. They see people saying "I'm staying at home April 5th" and they go, "NO GET OUTRAGED GET ANGRY GET OUT THERE WAHHHH!" fuck off with that bullshit! Focus on your communities and yourselves y'all no matter what's going on because there's smart ways to go about this, and then there's dumbass ways too.
Do you get the sense that they are all/mostly “sincere” attempts to get black communities out to protest, or can you tell if there are bad-faith agitators trying to light a fuse?
No there are a lot of actual people that may be sincere but there's a ton of them that literally come in and try and cause discourse and call names and rage bait*
No. He and his billionaire buddies are most likely pumping and dumping stock, but I think the real goal is to destroy the federal government and steal of its public assets including federal lands and buildings then drain the USA dry of every natural resource including clear cutting national parks buying up everything from everyone who goes under and loses their house and/or businesses and then turn the individual states into smaller zones that can be exploited easier.
More likely being a reliable market timer. You can make a lot more money when you know the market will go up or down. A swing of 5% doesn't sound like a lot on paper, but if you're making big leveraged trades, it's fuckin' huge.
Let's say you paid to be in Trump's inner circle in the inauguration or via his bullshit coin. Trump, or whoever is orchestrating this, tells you "Hey, we're going to announce absolutely massive tariffs just after market close tomorrow, buy a shitload of leveraged index puts." (or something equally generic).
Then they short sell at current price, market plummets the next day, they buy back and return their index shares the next day at a massive personal profit.
Then, they buy at the low, the administration goes "JK, OUR BAD" and the markets recover some. They sell at the high which is ideally the same as the day they buy the puts. Gaming the system essentially.
Remember, these are billionaires, they have a lot of capital to throw around. They're all playing with insider information... They're stealing as much as they can.
Am I positive this is happening? No, but I do have experience in finance and that's what a shitload of investment bros would do.
I am beginning to believe that was the plan all along. The only way to bring manufacturing jobs back to America is to create an environment here similar to what caused then to jump ship in the first place.
Dumbfuck ignorant Republicans and Conservatives will believe that even up to the point where Trump and Elon barge into their homes and rape their wives in front of them. They would still suck Trump and Elon's balls after that.
I just got in an argument in a post about a child that was targeted and killed that Kamala supports killing children. In a post about a child getting by Trump's buddies. Did I mention it was in a post about a child being targeted and killed?
if schumer is passing that garbage Republican budget without a fight and theyre confirming dogshit Republican appointments without a fight then theyre as good as Republicans as far as im concerned. you think that stupid little paddle schtick constitutes sufficient resistance? get real. theyre not on our side
Seriously, the monday morning quarterbacking of the campaign just gets tiresome after a while. Like sure, it could have been better, but every campaign could be better. The reason she lost isn't because of any thing other than being a woman, because America would rather have the worst man this country has ever produced.
No demonstrations? What?
There have been frequent protests in state capitols for months.
And there's no political uproar from the cons, because anything more than a polite whisper will get them booted from the party.
There's protests happening all over the place here in Texas. I know people in the country are protesting too. There's not been much news coverage though
If you have no clue what you’re talking about it’s probably best to just stay quiet to avoid embarrassing yourself. You have absolutely zero knowledge of the current mindset in America.
Also, just keep buying more. I feel like I heard Warren Buffet say something about that one time. Getting discounts when it crashes…something like that.
So when the stock market inevitably goes up during this term, surely he will get the credit? Stop being ridiculous y’all, this is meme ragebait bullshit.
This is really good news. Buy low and Sell high. Finally young people can get into the market. Since when do we care about boomers and investment banks losing their millions?
You're talking about stuff beyond your control. I'm talking about the things you can control. Life is all about what choices you make and what opportunities you can make for yourself. For me, I believe the market is rigged and the billionaire class isn't going to let everything fall apart.... they always win.... You either join the club or watch them from the outside.
I'm not even talking about much. If you bought $1000 in bitcoin in 2010 it would be worth $1.9 billion today. There are those same opportunities now, we just don't know what they are yet. So don't put all your eggs in one basket.
If you diversify, pick some companies you believe in, what you value, for example in AI and tech, then sit on it for 20 years, you just might be glad you did. We don't even have AGI yet, we don't have robots yet. The singularity is near, the world is going to change, and here's you chance to ride that wave. You wanna panic, live in self pity and fear go ahead. It's a strange strategy, but it's your choice.
Make no mistake, there's a clown in the white house, but there's nothing anyone can do about that. What's I'm suggesting is try and find some way to adapt to the situation.
You might be right, I made a screen shot of this conversation and I'll take another look in five years and see if I made the right decision to buy stocks in AI and Tech when they are low. Maybe I'll lose $10k and we'll all be living in an apocalyptic wasteland of cannibalism and death in 5 years...
I do agree with you about one thing. Start worrying about your job now. There's a really good chance AGI is going to take your job regardless of what Trump does. That's coming... AGI is coming. Prepare for that inevitability now and try to find a way to survive.
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u/RoyalChris 14h ago
$9.6 trillion gone in 71 days. Since Trump's inauguration, Nasdaq is roughly 20% down. After the same amount of time during Biden's presidency, Nasdaq was 4% up.