Dow plummets 650 points. Thanks, Trump!
Replies to: Dow plummets 650 points. Thanks, Trump!
NYSE Short Sales should be an interesting read...
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"Plummets". Heh. There is an equalization of tariffs with Canada & Mexico tomorrow.
Or don't you believe in fairness when it comes to America?
Buy low, prof.
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Link: https://m.youtube.com/watch?v=vWW2SzoAXMo
Surprisingly, Dow up 900 points since Election Day.
But, my guess is that the market will plummet as the chaos and loss of confidence grows.
You're channeling fellow TDS'er Paul Krugman. Heh. How accurate was that again?
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the dow is not dependent on political environment.
any competent investment advisor will tell you it doesn't matter which party controls the government, the market does its own thing. you can see that by this chart which spans almost the entire history of the market since its inception.
Ha! Didn’t hear that too much from 2021-2024
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Yes we did...from you. You said "the stock market is the economy", meaning not politics....
...and there is a good amount of truth in that imo.
Trump is in the process of equalizing untenable tariff inequities with "allies" who have taken full advantage of a bad leadership. He didn't have time to address the idea of Reciprocal Tariffs back in 2020 because COVID hit and the wisely felt that the world didn't need that added stress at the time.
This is a good move in the longterm and much more likely even the short term because both Canada and Mexico will acquiesce to being fair in trade, stopping their border dumping and cartel activity and drug imports.
To go on with the world inequities in trade now saddled with the COVID Relief Bill and the "Inflation Reduction (ha!) Act" and the unending donations to Ukraine for the war while the Euros mooch yet again.....the US would not be able to keep it up.
Once the lesser battles for fairness with the US with these two is accomplished, it's on to the EU. Then after that, the biggest perpetrator of tariff terrorism - our true greatest enemy - China.
Look at these dips as buying opportunities. If not, look at them as necessary for the US.
If not, at least grant America the right to fair trade.
If not, move to Europe if they will take you with their restrictive, value based citizenship laws.
Fact check: I have never said "the stock market is the economy"
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Fact check: Exhibit A signed by one Chris 94
Holy crap - I forgot the word “not.” Well well…you got me there.
Because that is the story I meant to post. I have never believed that it is the economy! Oops.
Ok,I understand&believe you meant that. It does remind me of that Austin Powers Penis Enlarger scene
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Link: https://www.youtube.com/watch?v=_ocjyRRvung#ddg-play
He won’t admit his lie.
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It's absolute proof. It would be an impressive example of Liberalism Rule #14
BaronVonZemo's Rules of Liberalism:
Liberalism Rule #1 - accuse others of that which you are/do.
Liberalism Rule #2 - the rules apply to thee and not me
Liberalism Rule #3 - We know what is best, thus the ends justify the means.
Liberalism Rule #4 - We believe ourselves to be smarter thus, we cannot admit that we are wrong.
i) Admitting mistakes undermines the premise of being smarter, ergo self correction is not possible.
Liberalism Rule #5 - What didn’t work last time, will work next time (see 4 i.)
Liberalism Rule #6 - When we lose, change the rules.
i) Whenever convenient, change the definition to suit our goal.
Liberalism Rule #7 - Appeasement is the best deterrent to foreign conflict.
Liberalism Rule #8 - Totally Differentism - when we do something that we don’t like others doing, it is always “totally different”.
Liberalism Rule #9 - Equity through inequity (any difference must be equalized by pulling down the
unaffected party. Vengeance is preferable).
Liberalism Rule #10 - We support our representative speaking regardless of the truth (in contrast to
conservatives who support the truth regardless of the representative speaking it).
Liberalism Rule #11 - We vote on personality over policy.
Liberalism Rule #12 - Genetics are selective. We believe that sexuality and guilt are genetic, but gender is not. Scientific proof is not required.
Liberalism Rule #13 - Do SOMETHING! When a crisis happens, do SOMETHING! It doesn't have to have to work, but it must: a) make us feel better which is more important than actually solving the crisis, and b) advance the liberal agenda.
Liberalism Rule #14 - "You’ll have to show us a lot more than rock solid, irrefutable evidence”.
Liberalism Rule #15 - There are no universal truths. The truth changes to fit our needs.
Liberalism Rule #16 - The Expert Threshold. If a false narrative has enough “experts” backing it, it becomes truth regardless of evidence to the contrary. “Experts” are defined as those who support the narrative, and they can be conjured if necessary (because of Liberalism Rule #3).
Liberalism Rule #17 - Charity ends at home. It is accomplished through the government with other people’s money.
Liberalism Rule #18 - When failure or bad behavior is completely undeniable, distance yourself from complicity to salve your guilty conscience.
Liberalism Rule #19 - Guns don’t kill people, liberals with guns kill people. Violence comes from the Left.
Liberalism Rule #20 - Only guilty life is precious. Innocence makes us uncomfortable and thus must be eliminated.
Liberalism Rule #21 - "I'm a moderate". We are not liberal, we are "moderates" politically - despite supporting every liberal tenant. This is because we consider ourselves to be the fairest and also because we care too deeply about what others think of us.
you probably heard a lot about inflation and prices, but not the dow averages. different animals.
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