Stock Market Blues

[Got Stripers]

Originally Posted by wdmso

Don’t worry the bail outs are coming for them. But who’s bailing out Americans 401k. And their big money losses .. my sister in law lost 20k. In 1 day .. let’s just say buyers remorse has set in.

https://oilprice.com/Latest-Energy-N...Producers.html

I think someone, maybe on the golf course, needs to explain what the phrase day one means or mandate. I can’t get myself to look at my accounts, but since i pay bills out of one of them, i’m guessing I lost at least $35k or more.

[Nebe]

Originally Posted by wdmso

Don’t worry the bail outs are coming for them. But who’s bailing out Americans 401k. And their big money losses .. my sister in law lost 20k. In 1 day .. let’s just say buyers remorse has set in.

https://oilprice.com/Latest-Energy-N...Producers.html

She only looses it if she sells.
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[wdmso]

Originally Posted by Nebe

She only looses it if she sells.
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That’s wishful thinking.

She didn’t earn that in one day. And she’ll never get it back in one day.. now if she had another 12 years working . Then she could recover. But she was looking to retire in 3. And things aren’t looking like they are going to improve anytime soon.
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[Nebe]

2 trillion dollars erased in the markets today.
Winning
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[Pete F.]

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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[Nebe]

Today will be just as bad…
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[spence]

Originally Posted by Nebe

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

[Got Stripers]

Might have to sell some rods and reels to pay for those groceries.

[Nebe]

Heres hoping something changes
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[Pete F.]

Originally Posted by Nebe

Heres hoping something changes
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All depends on what Ron Vara says
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[wdmso]

Update her account is now down 48k. Even my account that was moved to minimum risk is down 5k.. 5 trillion gone and they’re still talking tax cuts.

[Got Stripers]

Had to look unfortunately, I’m down $55K, i just hope that is the bottom. Anyone have any doubts about how this genius bankrupted so many companies? I can only hope enough republicans see the writing on the wall after so much public outrage across, not only this country, but the world and start to stand up against Trump. Like many advisers my managers weren’t predicting a recession, but they obvious didn’t think this administration could be this economically stupid.

[Pete F.]

I don’t see why anyone would worry Bessent said we should be reassured by the market working very smoothly Friday.
And the rest of the cabinet understands the plan. You can see that because they were on TV at the same time:
NAVARRO: “This is not a negotiation.”
LUTNICK: “Of course they are” open to negotiation.
So with that clarity I’m sure the markets will react appropriately on Monday.
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[spence]

Originally Posted by Pete F.

I don’t see why anyone would worry Bessent said we should be reassured by the market working very smoothly Friday.
And the rest of the cabinet understands the plan. You can see that because they were on TV at the same time:
NAVARRO: “This is not a negotiation.”
LUTNICK: “Of course they are” open to negotiation.
So with that clarity I’m sure the markets will react appropriately on Monday.
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I learned on This Week that consumers won’t feel price increases because they’ll just lower demand forcing foreign suppliers to reduce cost.

Of course this sort of assumes US manufacturers don’t import raw materials or foreign suppliers can’t sell into other markets.

What would be kind of silly haha funny is if we tariffed everyone so US suppliers wouldn’t sell as much abroad either so those markets would need lower cost suppliers. Haha silly.

We’re gonna be rich.

[spence]

Originally Posted by Got Stripers

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.

For posterity I’d just like to note the thread was started nearly a month ago.

[Got Stripers]

Today will be more of the same where every American, blue, red or purple, suffer while more of their hard earned retirement savings go down the drain. The country voted for change, but this was not what they expected. Many thinking about retirement might need to keep working and at the same time they will be looking at higher prices making saving harder, are we all winning now. I think Trump has solidified his place in the history books as the worst president of all time.

[wdmso]

Originally Posted by Got Stripers

Today will be more of the same where every American, blue, red or purple, suffer while more of their hard earned retirement savings go down the drain. The country voted for change, but this was not what they expected. Many thinking about retirement might need to keep working and at the same time they will be looking at higher prices making saving harder, are we all winning now. I think Trump has solidified his place in the history books as the worst president of all time.

'Sometimes you have to take medicine': he said jobs and investment would return to the US to make it "wealthy like never before". DJT

Wealthy for who exactly?

[Nebe]

Make the American Great Depression Again.
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[Pete F.]

They want to imprison anyone for burning down a Tesla.

For 20 years.

What do you think for burning down the stock market?
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[Nebe]

[Got Stripers]

Any wonder why 10 of the last 11 recessions since 1953 began under republican presidents. Anyone wonder if what Trump and his rich buddies aren't just manipulating the markets so they can cash in on this, something inside traders would be convicted of, but since the supreme court gave him immunity he is doing what he does best; screw people to enrich himself.

[wdmso]

Someone blinked…. Can’t wait to see the spin.

[Nebe]

Originally Posted by wdmso

Someone blinked…. Can’t wait to see the spin.

A small habdfull of people just made a lot of money on this manipulation
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[spence]

Originally Posted by Nebe

A small habdfull of people just made a lot of money on this manipulation
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I’m not a conspiracy theorist but this seems like more than just stupidity and ignorance.

If history is any measure Jr will be bragging about it tonight.

[Got Stripers]

Originally Posted by Nebe

A small habdfull of people just made a lot of money on this manipulation
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What the rich getting richer as Trump manipulates the market, tell me it ain’t so.

[Nebe]

It’s a small club and you ain’t in it.
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[Pete F.]

He said buy in the morning 🤷🏻#^&♂️
I didn’t
But to get to that point
He started a global trade war
Panicked the markets
Created massive selloffs; $10T+ in losses biggest ever
Weakens the dollar
Take most of it back at the last minute
Don’t worry lots of American businesses are still going bankrupt from the China tariffs
Recouped some of the losses he was responsible for
People rejoice because it could’ve been much worse, only lost a few trillion in the market and the rest of the world is trying to not have to deal with him.
He literally claims other leaders want to kiss his ass.
China is trying to figure out the best way to replace the dollar and who will join them.
So the situation we’re in is after nine years of missed legal opportunities by others to kill him politically, the victim attempted suicide by tariff and failed.
He’s announced that he’ll try again in 90 days.
Stay positive and be careful
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[Got Stripers]

We all ready for Trump’s get rich scheme week two? Insider trading went as planed week one, he got a nice shower over the weekend, so let’s see what the fun this week has for us as he makes America weaker again, while enriching his rich biddies. So prices are going up (not down as promised) and small companies might not make it and if you think American companies aren’t going to take advantage of an opportunity to raise prices the public will just expect, you don’t remember what they did during and after covid.

[Nebe]

Yup. The scheme seems to be to crash the value of the dollar. Stock values and home values will go up as the dollar looses its power… problem is everything else goes up too. Soon everyone will be a millionaire
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[Got Stripers]

With Trumps latest rant about Powell, I suspect the beginning of the upcoming week will be more of the same, hopefully not a big downward spiral. This president is a child and now that he plans to use the IRS to punish his enemies, the circus is just expanding.