I didnt have much to begin with only lost about 12k, I have nothing anyway. My mother lost roughly 100k in her retirement fund from all this crashing. My grandmother even more. How much have you lost in Trump’s Tantrum Tariffs game?
I didnt have much to begin with only lost about 12k, I have nothing anyway. My mother lost roughly 100k in her retirement fund from all this crashing. My grandmother even more. How much have you lost in Trump’s Tantrum Tariffs game?
Aren’t the stock markets supposed to recover from a crisis like this, as they always did in the past?
Anyone acting like this current clusterfuck is permanent or anything but a random stupid whim hasn’t been following what this shitgibbon does. He will repeal the tariffs at some point, call it a win, and the market will rally in response. Then it’s on to the next abomination of “policy”. Just another episode in the nonstop trash reality show that is a Trump presidency.
Why do you assume the market will rally when they’re removed? The market will remain worried about the possibility of more. And the market has to deal with the already existing consequences of purchasing of usa goods down worldwide. Habits broken.
The market has the attention span of a goldfish. It’s classic shit: create a problem, repeal or “solve” the problem, bask in the celebration of relief and claim victory. The market won’t go back up the same amount it went down, but insider profits are reaped during market volatility.
Literally every single time this far it has but the people who don’t even invest are saying this time might be different.
If it doesn’t everyone will have more to worry about than the worth of their 401k.
This is always how I’ve framed it. Either it will recover or we’re dealing with societal collapse–level problems. In the former, great, wait it out. In the latter, good luck no matter how much you had.