r/stocks • u/2PhotoKaz • 2d ago

Broad market news Market getting smashed, where is cash going?

Clearly a massive sell off is happening, are traders (big and small) just sitting on cash once they sell? Gold, the bastion of safe heavens, is also getting hit.

Bonds? Simple interest? Are any sectors up in this mess?

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u/uniklyqualifd 2d ago

Trump wants to devalue the USD.

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u/2PhotoKaz 2d ago

Why?

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u/Agodoga 2d ago

One of the reasons countries devalue their currency is to make their exports cheaper for other countries to buy thereby boosting exports and reducing trade deficits which is Trump’s current obsession.