Stock Market Blues
 

Tariff talk tanks the market AGAIN, I'm grumpy and don't like loosing money, but too young (relatively speaking) to start to think about not having some money invested in stocks.

Its almost like this market crash was pre meditated. Hmmmm. :hidin:
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Stock market manipulation, gee wiz who could engineer such a thing?

I have no idea. Really… ita like there must be someone who can manipulate world events to create uncertainty. Wish I knew … :huh:
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Regardless of why...this is painful

I guess if you a millionaire or bazillionaire loosing 15-25K is like loosing a penny, not the same for the average American, especially us old retired farts on a limited income.

Very painful week or so.

I generally don’t pay much attention to market fluctuations, what’s more concerning is a period of stagflation combined with a global recession which is now a real likelihood. Tarrifs will increase inflation and decrease corporate spending leading to more unemployed who can’t afford to buy chickens let alone eggs.

Its almost like this was all planned.

Kind of like Iraq had “weapons of mass destruction”. Yeah right
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It wasn't planned.

I agree. As an old veteran I still believe in the Constitution and in the "Republic" 2 people will not bring us down.

I think people need to thing more in the "gestalt" mode. We will get through this.

Can’t wait for my course to open the end of next week, rather bitch about a crappy round than watching this dumb arse trade war take the economy in a bad direction.

You dont think sewing chaos across the entire board wasnt planned? I do.
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Sewing chaos was absolutely the plan. I do think that POTUS though has such an infantile knowledge of economics he really thinks he can bully the global economy into submission. Pay careful attention to their attack on the fundamentals of the legal system, it’s the one bulwark to this mess before midterms and they’re trying to destroy it and invalidate all future elections…comrade.

No, He's undisciplined and is too dumb to recognize the impact of the things he says. I'm not gonna say anything else to comply with John's no politics request.
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Does almost gutting the integrity and fraud departments and Patel requesting a direct line to potus suggest a theme and the DOJ and FBI, the stage is set.

It’s a lot, lot, worse than even that. They are not only going after government employees who were following legal instructions, now it’s open season on lawyers and law firms that represented democratic clients.

If an attorney is given a case it’s not a question of ethics to represent their client or not. They simply want the entire system paralyzed to function. For good or bad the US legal system sets us apart and is a critical institution. Without it we are no better then Russia, oh wait, that’s what they want.

Have a few friends who just retired. They have deferred compensation plans .and most were in aggressive positions.. and now have lost 10s if not hundreds of thousands of dollars . Which took decades to achieve

Gone overnight. And for what end?

It goes quick, I lost more than I make in social security yearly income, but being pretty healthy I still need to keep investing in the market. Musk thankfully lost billions, but luckily for him our president was kind enough to put on an adverting effort for Tesla, nice to have other rich friends to help in your time of need.

I know you guys know this but you only truly loose it if you sell. Its best to sit tight and add to it to average down as it goes down. It will come back. It always does. I think 9 out of the past 11 recessions happened under a republican leadership. How about that?? 😵#^&💫
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Oh they’re coming for that next :lasso:

Sure it “always” does, but that doesn’t help someone already retired or within 15 years of retirement. Especially if you’re in your mid-fifties or older who hopefully has been shifting equities to bonds or cash.

But, and this is a huge but, I’m concerned the old system simply doesn’t work under what could be new rules. Where will bond rates go if the dollar tanks? Will US corporations flee if they don’t believe they can trust the US legal system to protect their intellectual property, or outspend their competitors with a corrupt pay for play Whitehouse?

The looming cuts to Medicaid are going to drive everybody's insurance rates up, and the tax cuts mostly targeting the top 1% will further suck wealth from middle and upper middle class taxpayers who fund a much larger % of SS per dollar they earn.

The stupidity and recklessness of all this is mind bending. Under no circumstances do you try and manipulate so many variables in a system at one time. It’s why your doctors rarely change multiple medications at once. It’s why manufacturers wait until greenfield product launches to significantly redesign go to market strategies.

That this is being rammed down our throats by a leader who didn’t even get 50% of the vote, who is circumventing the US Constitution at every turn and who is working undermine or outright destroy the institutions that make America exceptional, an unbiased legal system, a free press, separate but equal branches of government and on and on should scare the hell out of anyone who isn’t already a multi-millionaire.

This is Political

Nah, it’s simply a constructive discussion around economics and prudent personal finance decisions.

Sadly everything looks like “politics” when you’re trying to eliminate it. No different that DEI, CRT etc… :devil2:

i have been buying silver for 15 years, Happy, Happy. I have a few pounds I bought at $16/oz. $34.08 Friday. Also have been buying gold.

DEI & CRT ARE Political. It is not some grassroots Good Idea Fairy - it is political



OK - put the impact of the last 4 years of Biden admin under the same lens, but include P/E Ratios, Inflation, Treasury Spending. Tell me WHEN we should have had a recession and what was done to prevent it?

Oh, who gives a #^&#^&#^&#^&. If you guys paid attention while you were working, you should have put a way a nuff to live comfortable. We are fine but I still work because I like toys. Laugh at me I don't care.

I’d think it’s more accurate to say they were politicized. Not sure how whitewashing critical achievements of the Code Talkers is a good idea, perhaps that fairy should be cancelled. “We have thousands of such cashes.”

P/E is usually an individual company metric but whatever, I have people who make those decisions for me.

Seems like a recession was anticipated after Biden’s first year on. He largely avoided it because of investments in growth and Joe took the political heat for the Fed doing their job keeping rates high long enough to break the inflationary cycle. Post-Covid inflation was a global problem but the US fared better than every other large Western nation. Sure, the stimulus could have been tapered off a little faster, but the reality is he left the overall economy in remarkable shape. I’d say the only real weak spot — as voters pointed out — was that upper incomes were doing most of the spending, offsetting disproportionate inflationary pressure on commodities that outpaced wage gains on everyday workers.

We’ll see what the looming stagflation does to your P/E ratios as investors look for more stable markets. I see with the current trajectory a gigantic economic mess, a lot more debt and perhaps the worst own goal in the history of the United States. If the wealth gap is your measure of progress though we’ll be doing just fine.

March ended with the worst market in two years and the odds of a recession have jumped up to 40%, love to win with tariffs.

I love how somebody special doesn’t care if the prices of cars go up because consumers will just choose American product. 1) 40% of a domestic car is made from foreign parts and 2) if people stop buying imports how are we going to “make” as much money from tariffs?

Can’t we just go back to bailing out American farmer who can’t sell their rotting grain, you know like the last term?

It is no longer IF we are going into recession. It is how deep and how long.... And in case you did not connect the dots, tariffs are another way to raise taxes, without raising taxes......

I’ve read a full blown recession is about 40% now. And tariffs as taxes, true, and hits the poor and middle class the hardest.

The shyte will really hit the fan when rural red states realize wealthy liberal cities have been subsidizing them all along once these federal cuts either just eliminate services they depend upon or state taxes go up to compensate.

Now the deficit increase, by making the wealthiest tax cuts permanent, is estimated at 9 Trillion over ten years. The only way to legally pass this is for the House to use an alternative model where the cost is estimated at zero because it’s off of the current baseline — where the taxes are in effect — rather than as a spending increase after they expire.

This is like me running a 10k a month visa bill when I earn 7k, yet claiming my new bill of 11k/mo is only 1000 dollars higher so everything’s great!

Anyone who is rightly concerned about our national debt should be wretching over what’s being proposed.

What a scam he pulled on the people who voted him into office, lower prices day one (nope), reduce the deficit (nope), make America great again; if becoming hated by our allies and loved by the dictators of the world is the definition yup. The rich and insiders are poised to start buying the bargains. Buckle up this recession will be a tough one. Hey Marsh are we winning now?

I feel so bad for the veterans who served our country proudly and are getting a royal screwing by this administration. The veterans still serving are worried about our national security as those in charge are carelessly discussing sensitive national security intel over a commercial app, while all our adversaries are loving that fact and are likely reading the chats with smiles on their faces.

I thought the Boss said no more politics.

Stop this crap!!!

2 trillion dollars erased in the markets today.
Winning
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Guys you need to give him a chance, I know everybody wants the prices of groceries to drop, but he’s starting with the price of stocks. I’m sure groceries will be next.
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We’re talking about the price of sand worms Paulie. I say 58 bucks a flat isn’t terrible but if they’re the good New Brunswick sand worms those are going to be like 70 now.

Trust me most of America will soon be screaming that same thing as their retirement savings take the hit, but we are winning watching Trump burn down the house to cook his steak. Our post covid economy was the envy of the world, he killed it in one day and then flew off to play golf.

Today will be just as bad…
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Fark, how high do you th8nk sand worms are going to go?