i wonder how many more days of this have to happen before the billionaire class start buying stocks for pennies
Weeks at best, possibly months. And that’s still best case.
This ain’t even the big crash yet.
That happens when Trump finally caves and removes his tarrifs, and everyone else just shrugs and leaves theirs on.
It’s obvious as fuck, but so was what happened last week. We’ll see a small bounce as he announces his are being removed, then shit gets real
Not that these are normal economic times, but I read that when the 2 and 10 year treasury bills become inverted and then go back to normal there’s about 7 months before a recession hits. This trend has been true for the last 50 years. If this holds up, the recession will be here around August, but we know donny will bring it beautifully and ahead of schedule. The best recession, probably ever.
It was inverted from 2022 to 2024 and we were completely fine
VIX is what’s important…
It’s basically volatility.
https://www.investing.com/indices/us-spx-vix-futures
Shits fucked homie, right on time for our once a decade economic crash. Maybe more like COVID than 08, but we’re past the point where hitting the brakes can help. To a certain extent it’s too late to brace for impact if you haven’t
I sold all my stocks and switched to bonds in my 401k in February. Fidelity then started messaging me that I was too conservative and needed to mix in stocks since I wasn’t gonna retire any time soon, as if I’m ever gonna be able to retire. Last Friday when it went down 5% or whatever, I was up .5%.
I missed the 2008 crash cause i didnt have any money. I was too slow to react to covid. I’ll try to buy back in when it’s on the other side of the bottom. In the meantime, I’m saving up for 8 months worth of income.
They are not going to leave their tariffs on, that would defeat the point of retaliation
Futures markets, which are a way for traders to move stocks when the major exchanges are closed
When are we going to call this the gambling addiction it is?
It’s actually the stock market that’s ridiculous for closing at all. It causes big problems like gaps in trading prices where you can easily miss the stop price.
It’s 99% automated and we still follow the work schedule of New York for no reason
They need more time to commit crime. The trading day was not long enough for all the crime they were trying to fit into it.
According to the boss at my house, we’re back to zero from when we moved during the first days of the pandemic. The moral at work is at an all time low. Everything is super expensive now. If I’m hurting, there must be a hundred people who are hurting even more. So anyway, if I was at the top I would stop soon.
Imagine a world where everyone is hurting financially and they know it was you who stole from them. No matter where you went, friendly or unfriendly, everyone is your enemy. Looking directly at putin for example, Putin can never go anywhere without protection. He can never enjoy a single five star restaurant without fear that his food is tampered. Forever stuck eating Twinkies and coke?
I maintain that the tampered food problem is exactly why Drumpf eats at McDonald’s. There are so many stores that he can send someone to go get it for him, knowing that the food is clean, because they have no clue what specific locations he’s going to order from on any given day.
If I was a betting man, I’d get the hell out of stocks and bonds and go to the horse races because this economy is FUUUCKED!
2024 was the worst time to start saving for my retirement… But hey, at least I haven’t lost as much as others… 😒
you know what. In a very broad philosophical way, i support Trump’s Tariff. It would lead to reduction in global consumption rates, esp the amount of resources Americans and Europeans consume. More Tariffs- >Less consumption-> healthier planet. Win. This is a 5D move by Trump that even he is not aware of.
In the same way that Nero was an enviromentalist, burning Rome to the ground meant that fewer people were throwing shit in the Tiber, im sure the fish appreciated that.
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