• BigMikeInAustin@lemmy.world
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    16 days ago

    Some people already sold off at the lower price before it gets lower.

    Companies already had to make equipment orders and revenue predictions, which caused suppliers to fire extra people.

    And confidence has already been shaken since this could happen again at any time.

    Companies are now increasing plans to downsize to deal with the uncertainty.

    And the ultra rich are ready to start buying at the lower price. So that if the prices returned to last week, the percentage of differences of wealth from the ultra wealthy to the regular will be even higher.

    • Clinicallydepressedpoochie@lemmy.worldOP
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      16 days ago

      Imagine someone were able to just pull the money and put it somewhere safe. Even if you jump back in with growth at the same rate, you will have lost the gains you would have made had there been no tarrifs.

        • 9point6@lemmy.world
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          16 days ago

          Well, impossible to do with certainty.

          But people are paid to try and do it at investment banks, and with enough outsider knowledge they can often get it right

          Of course that’s practically just gambling at a much greater scale

          • Cryophilia@lemmy.world
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            16 days ago

            they can often get it right

            They fail to outperform a broad market index like 85% of the time, and they charge fees for it lol

            • 9point6@lemmy.world
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              16 days ago

              Yeah, you’re completely right, I was more going for not impossible, but it’s even more luck than I realised