r/investing • u/waitbutwhycc • 2d ago

Most Predictable Drop of All Time

I posted here right after the first crash in February “Don’t buy the dip, this is more 1929 vibes than 2001.” In response I got almost 100 replies telling me not to time the market, before it got removed by mods for being a “question” (it was not).

Literally all Trump is doing is exactly what he promised on the campaign. And virtually every economist knew it would cause a recession. Even after the crash yesterday he doubled down, saying he might add tariffs on semiconductors and pharmaceuticals too. He is simply trying to remove us from global markets, and it’s working!

Buy the dip once people start actually pushing back against Trump - no real reason to buy before that point.

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u/rco8786 2d ago

We're a long way from the bottom IMO. It'll be multiple quarters of absolute shit earnings reports and terrible guidance. It's not good.

23

u/lovo17 2d ago

There’s a term for what Trump is trying to do: autarky.

He wants to create a fully self sufficient America that produces everything on its own.

There’s a problem with that: it’s extremely difficult to do and not worth the disruption to the global economy. It’s going to get a lot worse.

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u/saidnamyzO 2d ago

It’s also impossible when your country needs resources that just don’t exist within the country borders.

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u/ushred 12h ago

it's why he wants canada and greenland.

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u/weasler7 2d ago

Russia tried to do it and... erhhm... yeah you can see how that looks.

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u/WishboneOk305 2d ago

The other problem is no one expects these tariffs to last.

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u/Done_and_Gone23 14h ago

Autarky is not possible given the heavily globalized US economy. Unless of course they want the economy to regress back to 1880!