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re: U.S. stock market has wiped out $9.6 trillion since Inauguration Day
Posted on 4/5/25 at 6:29 pm to DavidTheGnome
Posted on 4/5/25 at 6:29 pm to DavidTheGnome
quote:
$9.6 trillion in value erased,
BS! Stock Market lived off of printed/deficit-based Omnibus money and not real and tangible productivity. Take that money away and the SM loses half their supposed 'value'.
It's rigged, just like the elections and the courts, and MAGA knows it. They'll blame the crash on Trump but it was coming either way. That is the Left's game, tear it down in order to "fundamentally change" it.
1
Posted on 4/5/25 at 6:31 pm to RCDfan1950
quote:
$9.6 trillion in value erased,
No value until you cash out
Posted on 4/5/25 at 6:33 pm to DavidTheGnome
I made 33k this week in 3 hours.
Posted on 4/5/25 at 6:36 pm to DavidTheGnome
quote:
Thin air. That’s not value that “went somewhere", it’s reflective of predicted future earnings.
It is absolutely value lost. That doesn’t mean it can’t be earned again. I’m behind Trump 100% on this, but I’m not delusional.
Posted on 4/5/25 at 6:39 pm to DavidTheGnome
quote:
the U.S. stock market has seen $9.6 trillion in value erased
Soo... If Trump had just shorted the market he could have paid off a quarter of the national debt in a week...
WHAT WAS HE THINKING!
Posted on 4/5/25 at 6:42 pm to DavidTheGnome
But Trump said the stock market would be booming if he was elected.
Posted on 4/5/25 at 6:43 pm to DavidTheGnome
That's what happens when finally someone says enough and is fixing BS trade laws we've let other countries get away with. This isn't something that was F'd up overnight and Trump can't fix it overnight.
Posted on 4/5/25 at 6:53 pm to Cito2point0
quote:
But Trump said the stock market would be booming if he was elected.
It’s not over. Did it boom under Reagan? Hell yes it did! Was it booming at this point in Reagan’s first term? No it wasn’t.
This post was edited on 4/5/25 at 6:54 pm
Posted on 4/5/25 at 6:55 pm to KingOrange
quote:
No value until you cash out
I honestly cannot comprehend economic principles, KO, but I always knew that there would be a price to pay for importing all those cheaper goods from abroad. I admire the Chinese youth working hard hours and sending the money to their poor family in the country, as both morally and in a free trade competition they outperform spoiled Americans.
I hold great hope that High Tech can solve Humanities' problems of poverty and pain, but it may only create more painful scenarios. Since my only ultimate consolation and extended reasoning is Faith-based, I probably just ought to leave the economic stuff to the Pros. Assuming that the Pros don't hold their own biases and ulterior, selfish motives.
Think I'll just watch the guys in the Final Four. That stuff is raw and real.
Posted on 4/5/25 at 6:56 pm to DavidTheGnome
The top 1% own 50% of stocks...sorry not sorry
Posted on 4/5/25 at 7:00 pm to DavidTheGnome
History says that on monday or tuesday, half of the losses are made up
Posted on 4/5/25 at 7:01 pm to scottydoesntknow
quote:
The top 1% own 50% of stocks...sorry not sorry
Doesn’t mean the other 99% aren’t materially affected. With that attitude, expect the Dems to take control back in the midterms, unless Don rigs it (which looks likely)
Posted on 4/5/25 at 7:02 pm to RCDfan1950
quote:
Think I'll just watch the guys in the Final Four. That stuff is raw and real.
We have a bunch of Gen z on the board. The Market goes up and Down. This is a political drop because Wall Street is Mad at Trump. The market is actually not bad considering. But to worry about your 401 K when you are 35 is Hallarious.
Posted on 4/5/25 at 7:08 pm to Penrod
It was booming for the last 4 years.
Posted on 4/5/25 at 7:14 pm to DavidTheGnome
quote:
DavidTheGnome
A self admitted literal fricking crackhead.
Whose favorite site is famous for promoting raping children and assassinating people who disagree with you.
OP belongs in a mental institution lol.
Posted on 4/5/25 at 7:14 pm to Cito2point0
quote:
It was booming for the last 4 years
Tru. But what does that mean? Did you gain anything from that? Did you sell all of your stock?
If you didn’t then it doesn’t matter
Posted on 4/5/25 at 7:19 pm to DavidTheGnome
Sorry you gotta clock in for another few years, boomer.
Posted on 4/5/25 at 7:26 pm to Penrod
I mean he literally said he would end inflation and lower prices day one. He’s done the opposite. It’s ok to disagree and be critical of your dear leader.
He’s doing a shite job. I hope he figures it out but I don’t have high hopes.
He’s doing a shite job. I hope he figures it out but I don’t have high hopes.
Posted on 4/5/25 at 7:39 pm to DavidTheGnome
When it bottoms out Buffett will throw his 500 billion back in and create a bull market run, it’s just not time yet.
Posted on 4/5/25 at 7:40 pm to Cito2point0
quote:
mean he literally said he would end inflation and lower prices day one. He’s done the opposite. It’s ok to disagree and be critical of your dear leader. He’s doing a shite job. I hope he figures it out but I don’t have high hopes.
How old are you? Do you want things to happen tomorrow? Vote democratic then.
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