Tariffs?

[Walla Walla Dawg II]

I also find it funny that these same outraged people are most likely the exact same people that are outraged that the US government didn't cancel their student loans.

Furthermore.....:
Where was the outrage when Biden made the stock market crash?

[gil]

Updating the market graph. Dow Jones Industrial Average was up 500 points today, but now sliding. Still hovering below 39,000 - not near 45,000 as your graph depicts.

[Walla Walla Dawg II]

Well, let me know when it gets down to 32,000 and we'll talk.

furthermore, who is this actually hurting?

I have quite a bit in investments, but the investments that I have, have little affect by this skid. You, being an older person, I'd assume you are in very conservative investments, so I doubt you are affected either.

[gil]

Well, let me know when it gets down to 32,000 and we'll talk.

furthermore, who is this actually hurting?

I have quite a bit in investments, but the investments that I have, have little affect by this skid. You, being an older person, I'd assume you are in very conservative investments, so I doubt you are affected either.

I can take being smeared as a liberal democrat, but who are you calling "older"?

I'm actually not very conservative in my investments, but I did move a good bit out of stocks when I started believing that Trump would actually be raising tariffs across the board, so I'm less exposed to the selloff than I was on January 20. I plan on moving back when I sense we are near the bottom.

Just off the top of my head, this is hurting people who do short term trades, including options. People who are retired living off their 401ks?

If it didn't matter what stocks do, we'd never cheer when the markets are running up either, but we do. So just reverse the question: when there are rising stock markets, who is actually *helped*? I think that will help in answering who is hurt by a downturn.

[Walla Walla Dawg II]

That's the way the stock market should be played.... buy low sell high. It sounds like you were wise in your trading.

As for who this is hurting.....
The RICH. The meager few hundred or thousand here or there for those day traders (that don't have a lot of money) will be compensated when it recovers.

[gil]

That's the way the stock market should be played.... buy low sell high. It sounds like you were wise in your trading.

As for who this is hurting.....
The RICH. The meager few hundred or thousand here or there for those day traders (that don't have a lot of money) will be compensated when it recovers.

Why do you think the rich are getting hurt? If I'm rich I probably have the patience to ride out this downturn.

[bpj]

This guy nails it.

Have to get the illegals out of our houses.

https://x.com/RealLindellTV/status/1909 ... OSpdQ&s=19

[Mel Bradford]

Good interview clip.

[gil]

Summing up my understanding:

The stock market was incredibly good for the first 3 years of Trumps first term, and that was due to his policies.

The stock market tanked because of the COVID thing, and that wasn't Trump's fault. Then the stock market was really good for the end of his term. Overall, the S&P 500 was up 65% during Trump's first term.

The stock market was incredibly good for Biden's term for the first year of Biden's term, then bad in 2022 due to his policies (that resulted in world-wide inflation), then incredibly good for the last two years. Overall, the S&P 500 was up 55% during Biden's term.

However, the Biden stock market gain was an illusion, because we all know that the economy was terrible.

The stock market was steady after Trump took office for his second term, then started going down as his tariff plans became clear. This is across the board, including the largest public companies (Dow Jones Industrial Average) and the broader market indexes (e.g., Russell 2000). But this doesn't matter because the economy is already better than it was in the Biden years, and stock market doesn't measure the economy very well, and even if it did, it doesn't matter.

Have I got this right?

[Walla Walla Dawg II]

That's the way the stock market should be played.... buy low sell high. It sounds like you were wise in your trading.

As for who this is hurting.....
The RICH. The meager few hundred or thousand here or there for those day traders (that don't have a lot of money) will be compensated when it recovers.

Why do you think the rich are getting hurt? If I'm rich I probably have the patience to ride out this downturn.

The rich are getting hurt more than the rest of us.
Why?

If you have $100,000 invested in the stock market and lose $2,000, that isn't too bad.
If some rich person has $1,000,000 invested in the stock market they lose $20,000 or more because they have a tendency of being in more volatile trades to try to earn more faster.

With this scenario, wouldn't you agree that although the same percentage, they are losing more money?