r/stocks • u/Chrissylumpy21 • 2d ago

Crystal Ball Post Is Black Monday Incoming?

So much fear in the markets and this time really feels different. All the Mag7 stocks are so hit by the tariffs our iPhones will probably cost $5,000 soon and as the world slows, people will use Amazon less, advertise less on FB/IG. No one is buying Tesla anymore. Who needs anymore AI chips, yet AI is decreasing Google searches.

I fear the world is realizing it all this weekend. Or is it just me that sky appears to be falling?

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u/ZakaSlocka 2d ago

This is the fear talking which has happened in every dark period in the stock market. It will recover as always. I’m buying while everyone else is fearful and holding long term.

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u/yeswecamp1 2d ago

I love going back to r/stocks posts when the covid crash happend, the most upvotes comments were saying that it would take decades to recover, and 2 months later we were back to all time highs

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u/HotSunnyDusk 2d ago

The issue here though is that things are gonna get worse for a longer period due to who's in office. He's not going to back down on this, he's just going to quintuple down on more tarrifs till someone gets him to back off of it.

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u/midas22 2d ago

Trump was in power during the Covid crash as well and he was a disaster. The stock market still recovered.

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u/Danne660 2d ago

He was nowhere near as bad as now.

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u/[deleted] 2d ago

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u/HotSunnyDusk 2d ago

That's very true, I'm just worried about things getting to deep depression levels before they get better. They will get better, I don't doubt it, but it's just a question of if it'll be months, years, or maybe even a decade or two depending on if things get to worse case scenario.