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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184

u/Jack_Riley555 2d ago

trump is too arrogant to fold. It’s all about how he looks. Bessent is an ass. He knows better. The only way to get some possible change is for his polling numbers to sink into single digits.

39

u/Previous-Height4237 2d ago

That will probably happen when he tariffs pharma and suddenly grandma and grandpa have to pay double or more for their generics lol

18

u/Warthog_Orgy_Fart 2d ago

A lot of generic drugs are made in India so it will already affect drug prices.

7

u/mrdescales 2d ago

There's carve outs for pharma but the raw inputs don't. So we may have domestic production issues.