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/rabbit-guilliman 2d ago
Yes, but you'll see announcement of them scheduling a vote before they do it. The house passed rules that said they couldn't even debate a change to tariffs on Mexico and Canada https://www.msn.com/en-us/news/politics/congress-just-made-it-harder-for-congress-to-block-trumps-tariffs/ar-AA1AN9OX
So they have to undo that rule. Then schedule a vote. Then vote to overcome the tariffs with a two thirds "veto proof" majority which requires republicans to go against Trump. So I think the only one who can end the tariffs in the short term is Trump. And he is absolutely delusional right now.
So I think you're safe to short the market for awhile.