I am sure president numbnuts will find a way to.
Consumer confidence cratering ....
- Thread starter MitchLL
- Start date
My FiL HATES when I pull out my phone after he says something stupid, defending Trump, because he knows I'm about to prove him wrong.
Yes
He inherited it from Trump, Covid and the Ukraine war.
And he completely turned it around, against the expectations of MOST economists.
While being convinced they are smart, infact smarter than all those eggheads with college degrees. Joe blow is the real expert on everything.
Consumer confidence will not be coming back until the daily unpredictable chaos stops. Given that this administration craves nonstop media attention, largely driven by the unpredictable nature of its actions, tighten your seatbelt.
I fully expect a Covid like reaction in the stock market simply because Trump doesn't really exude a confidence that Wall St likes to see with economic policy.
Chaos in Washington DC is bad news for investors.
Speaking of inheriting things — I hope Arnold Palmer's illegitimate sons were able to inherit his huge dick capabilities.
I must have missed a post along the way. What are all of the AP wang references about in different threads?
There was a thread mocking Eloon for an alleged penis implant procedure going bad, and that's why he's using IVF with all of his baby mommas, and Scrud made some crack about libs reaching an all-time "low that they're gossiping about another man's penis." I pointed out that Scrud's savior The Donfather spent time last fall gossiping in a campaign speech about another man's penis (Arnold Palmer), and he dodged the comment. So now I'm on a mission to remind him whenever I see a post from Scrud that Arnold Palmer had a huge dick.
Which reminds me: @Scruddy, did you hear that Arnold Palmer has a large cock?
what a wild day so far for the S&P. Spiked to 6009 for a .64% increase on the day, then fell to 5932 for -.65% loss on the day, now back up to a -.10% loss on the day.
Trump reaffirmed his 25% tariff promise today in the Cabinet meeting.
Tariff talk scares the crap out of Wall St.
Scary times ahead if you're a working American or retired.
It's seems like the market really wants to rally back but Trump keeps disrupting it. He might do it enough times where he creates a real run on it where people lock in gains and move to cash.
I certainly am looking at that. Sold off a lot of tax neutral mutual funds in December. Want to sell more.
We've had relative stability for the last four years and I think that the vast majority of people have made big $$$ in the stock market.
That stability disappeared on January 20th.
- Sep 13, 2002
- 99,648
- 209,818
- 113
If destruction be our lot, we must ourselves be its author and finisher.
hawkeyetraveler
HB Heisman
This. I went from about 70% in equities to about 45% in equities over last couple months and pushed the money into highly rated munis, and some CDs. Still getting an ok return, but when the time is right I will push back into equities and buy in on the dip that is coming. Buffett is sitting on the sidelines and he is a million billion times smarter than me on market valuations.
We’re sitting at around 60% equities. It was much higher around 76%. Want to get closer to your level. But the tax consequences were just too prohibitive.
See I took money out of the markets with the intention of buying back in, but it also may be nice to just have some more liquidity until things stabilize, so I have pretty much given up on the idea of buying back in at the “low”
I dunno, but bro has made over 100 posts about arnold's cock so I'm guessing lunchbox is a fan boy of it or something like that
Speaking of guessing — who could have guessed that Arnold Palmer would have such a giant dick? Not me. Thanks to The Donfather for letting us know!
Don't give up hope - the market is getting lower most days now. Down almost 4% in a little over a week.
Consumers currently:
Back half of today was quite the dump. If inflation verifies as sticky tomorrow it'll be a continued bloodbath. About another 15% down and it's probably time to go long in large caps and not look again until 2030.
Sticky inflation, Trump turning up the volume on tariff talk, and Trump and his minions doing weirder and weirder shit every day. It's almost like the all went into a cash position before he took office with the intent to crash the market to create a buying opportunity down the road.Consumers currently:
Back half of today was quite the dump. If inflation verifies as sticky tomorrow it'll be a continued bloodbath. About another 15% down and it's probably time to go long in large caps and not look again until 2030.
Even worse, short the markets now so make money on the way down, and then "fortuitously" time the bottom so they make a fortune on the way up too.
I don't doubt for a second there is something like that going on.
Well history of our pasts say that after large inflation periods, it takes a long time to recover. Sometimes years. But you already knew that, just wanting to dig on someone but days in office.
It has been such a wild meteoric rise the last two years under Biden that people (well, me) forget it was less than a year ago when the S&P wasn't even at 5,000 yet. I wonder if it could drift back that low before it rebounds.
People (not saying you, I don't really remember who posts what) need to then not celebrate short term "wins" while ignoring short term "defeats". In any event, it sure seemed like things were humming along until Trump and Musk started destabilizing things.
I think that's entirely possible, and maybe even more likely than not. We have unbelievably short term memories as humans and investors!
But the key to remember is no matter the crash, we've always fully recovered and then marched onward. Even the worst crashes like the Great Depression and Dotcom bust recovered in less than 3 years. So as long as you don't need your money soon, those pullbacks are no problem and allow you to accumulate more at a cheaper price.
How long does a stock market recovery take?
Many investors are watching the markets, waiting for a rebound - but when? This is how long a stock market recovery takes, with history as a guide.
www.charles-stanley.co.uk
The good news for me personally is that my 401K is all in a money market right now, and I got out when things were quite a bit better than they are now. I am content to see how far down it goes. If things recover I can get back on the elevator when it gets back close to where I got off.
That's right, nicely done. It's certainly a lot less stressful knowing your money is protected and you're getting that automatic interest.
Depends on if you relied on the gov for money or not. In the last 3 years the private sector was bled of money. People have been on reserve status for a while. Couple years back I was attacked because I was pointing out that people weren't spending money anymore. All I heard was I didn't know what I was talking about. Well people don't have money just sitting around. People are living day to day. It taking a long time for people to put money back. Right now, everything is sky high and wages have basically remained the same since 2020. Until wages go up or prices come down, nothing is going to change. Trump has his work cut out for him that's for sure. I'm not sure he can change anything really. But what the previous administration didn't do or fix, really has us upside down.
🙄 If our economy was able to endure inflation with Biden that surged to its highest level in over 40 years with consumer prices that moved up more than 19% and gasoline prices that were up 46%, I think we can overcome adversity. Trump is 1 month into his term. Go watch more of The View. 💩
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From what I read, inflation was mostly caused by supply chain issues which were caused by microchip shortages and covid. Market went up 25% a year for the past 2 years, so business was doing well. At least at the publicly traded level. Whether the good times were shared with rank and file employees doesn’t really seem like the government’s fault.
