r/WallStreetbetsELITE • u/KatzBot • 7d ago

MEME What do MAGA adherents think?

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u/TastyEarLbe 7d ago

I’m no MAGA person but blaming short term fluctuations in the market on political party is not usually a winning position over the long run.

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u/Jhorn_fight 7d ago

There is a difference between fluctuations and all time lows in the market

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u/TastyEarLbe 7d ago

The stock market is barely in correction territory?

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u/Jhorn_fight 7d ago

Which is defined by what 8-10% decrease? That’s pretty damn massive if you ask me

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u/TastyEarLbe 7d ago edited 7d ago

The stock market drops 20-30% historically almost every 2-3 years on average. You are entitled to your opinions - no matter how uneducated. Maybe pull up a chart of the S&P and zoom out and try to learn from history instead of spouting nonsense.

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u/Jhorn_fight 7d ago

So as soon as he took the reigns from an economy that was doing really well then all of a sudden we have multiple historic lows but that’s because of standard drops in the economy that just randomly happen every 2-3 years?? 🤣 “uneducated”

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u/TastyEarLbe 7d ago

What are these multiple historic lows? I’m so confused.

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u/Jhorn_fight 7d ago

DOW, S&P500, NASDAQ. Have all seen the most consecutive days with certain percentage losses in the last 20 years

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u/Jhorn_fight 7d ago

“We are going to be winning so much that you’ll be tired of it” - orange orangutan

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u/TastyEarLbe 7d ago

I didn’t vote for Trump dude. I’m just stating historic facts about how often the stock market drops periodically and typically how far. I shouldn’t be arguing with gamblers in Wall Street bets anyways.

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u/Jhorn_fight 7d ago

I understand that there are always going to be dips in the economy but it isn’t a coincidence that as soon as he took office and started talking about/ exposing tariffs we have seen multiple days of 500+ points in decrease

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u/TastyEarLbe 7d ago

I’m fine with that thesis, but freaking out about a 9% correction is foolish. That’s all I’m saying. In fact 9% is literally nothing compared to history. It happens all the time.