Good news if you’re rich as shit and knew this was coming! The rest of us, as usual, can go fuck ourselves.
Obviously the ultra wealthy can really abuse this.
But if you are in a position where you can put money into a 401k? You will, “benefit” from this because the investment firms using your money are taking advantage of this. Whether you come out better than the massive losses that you have had lighting up your email (because this was the BEST time to turn on all the LLMs to let us know what is happening to our investments and why all these companies are down on a given day…) is questionable but… it is also questionable whether the ultra wealthy are actually benefiting either. Since you tend to not become an 0.1%er without a LOT of investments.
Now, whether there is any form of long term stability is a very different question. Which is kind of “great” for getting across the point that: Either the market will stabilize and your 401k/pension will have value or we are all fucked.
I see we are in full pump mode now, give it a few days and it’ll be dump time
I’m pretty much gonna be out of the market (except 401k) until Trump leaves office. Even without the tariffs Trump and DOGE are gutting agency funds and staff. That’s money effectively set on fire and it won’t be stimulating the economy at all. Eventually that money will get diverted to the rich I’m sure but that doesn’t stimulate the economy nearly as much. Or does anyone think Musk and Bezos will buy millions of steaks or iPads to make up for all the ones that won’t be bought anymore because fewer people can afford them?
Think I’m going to move to investments out of the us. I don’t trust that hyper inflation won’t happen.
Buy the dip!
The dip: 2024-2028.
But… why? It’s only a pause and the US consumers are still paying more for no good reason. The situation just went from worst to less horrible and people are buying??
Looks like we’re back in the “pump” phase, folks. Once shit hits a certain point, you just know he’s going to say something to tank it again…so, be ready to sell.
They don’t even need to do that. Just gather data from certain industries when shortages start happening and you trade before the news.
Just 2000 more points to go to get back to February before he fucked it all up.
Like, I know it’s all a scheme to make rich people richer, but we could have just ridden the Biden wave and stayed stable and had the world mostly continue to value the United States the same way, but instead we threw out all the goodwill built up over decades so some rich fucks can play the market.
I have sold all of my S&P 500 shares and will not return until the Orange Turd stops shitting on the markets.
You sold while it was down?
I sold on the last up.
Yay, we’re saved! Praise the line! Line must go up!
