It will go lower still. Counter tariffs, international partners fleeing to alternatives, recession, jobs loss... This is the great depression all over again, at least in US
āThe 10% baseline tariff goes into effect at 12:01 a.m. EDT (0401 GMT) on Saturday, April 5, while the higher, reciprocal tariffs go into effect at the same hour of April 9.ā (From What's in Trump's sweeping new reciprocal tariff regime
Why don't you USA people start a rally or some sort of shove that president position in his ass movement.
He's basically toying with my portfolio at this point and the only thing that can save that shit now is the lower income taxes with a big big big hopefully a 100% gain because this -50 argh, red isn't my favourite color anymore.
He will get one of his mates to buy your portfolio, just before the threat (they havenāt started yet) of tariffs is removed and he suddenly becomes the worlds first gazillionaire.
Hopefully he does that before this threat turns into the biggest blunder of this century and I'm already way too deep to get out even though ik this shit will go down way more.
US voters have no idea whats about to come to them. Some even think this is goodšš¤£ They sure voted the best Russian president of all time. And by the time he is done, the US is vasteland economically speaking
That is the side of the trade I am taking..the issue is there are very few safe havens.. because the dollar is devaluing as well. Additionally, this has yet to even hit the people living paycheck to paycheck with very little savings ā¦ wait till they start losing their jobs and canāt pay their rent or mortgage or truck payment or credit card paymentsā¦ anyone without a minimum of one year emergency savings is going to be at high riskā¦(one year of emergency savings being you have enough money to cover all your bills and expenses for one year with ZERO income/cash flow coming in).
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u/RoyalChris 1d ago
YMCA - Your Market Crashed Again