Stock Market Today: Dow down almost 800 points, S&P 500, Nasdaq tumble after Trump refuses to rule out recession
- Thread starter runkpanole
- Start date
Has there ever been someone that destroyed so much wealth in so little time individually?!?
Winning!!!!!!
Edit: He said there would be some pain. After he got elected of course…Muh mutherfocking Aigs….
Edit: He said there would be some pain. After he got elected of course…Muh mutherfocking Aigs….
Wall street views economical health by quarter.
For the benefit of the country long term, we need to view things differently.
Unless you sell, you still have your shares.
For the benefit of the country long term, we need to view things differently.
Unless you sell, you still have your shares.
Checking in live with the President of the United States:
"The "Magnificent Seven" grouping of large technology companies could see a historic one-day erasure of market capitalization if current stock declines hold.
The group was down $789.56 billion in market capitalization in Monday's trading, according to Dow Jones Market Data, with all seven stocks significantly in the red."
The group was down $789.56 billion in market capitalization in Monday's trading, according to Dow Jones Market Data, with all seven stocks significantly in the red."
Subscribe to Michael Cohen on YouTube who has great daily videos:
Thanks, I feel so much better now…..
In Trump's defense, did he say WHAT prices would drop drastically shortly after taking office?
Do you feel better now?
If that’s true how come the tariffs aren’t fully on. Trump keeps switching back and forth. Businesses can’t make long term decisions if there is no long term consistency. Needs to be fully embraced no exceptions. No matter who buys his MEME coin.
You are watching a market come down off the suger rush of government money, this too shall pass.
Buy now if you can.
Buy now if you can.
This is what happens when there's a POTUS that's bankrupted 6 businesses in his career.
And what about those that can’t buy? **** them, I guess?
Dow will be down over 3,000 in a matter of three weeks if things continue at this rate. Awesome.
Do you believe it has bottomed out?
Don’t worry the next sugar rush of tax cuts are coming. I wouldn’t buy now. Until we get clarity on long term tariffs.
LOL there's simply nothing your won't defend. Though I guess this is better than defending rape.
Oh and good fvcking god, it's sugAr.
The bright side...It looks like I won't be paying any capital gains taxes next year!!!
Thanks, Trump, you stupid motherfvcker.
Thanks, Trump, you stupid motherfvcker.
Since January 20th: Dow Jones Industrials down 2.5%; S&P 500 down 5%; Nasdaq down an incredible 10%. Thanks a lot Trump, your economic wizardry is something to behold! ........ We miss you Joe!
Looking at throwing in a decent amount of cash (10s of Ks) when things get "low enough"
When the hell is that?
When the hell is that?
Could you imagine having this stance with everything being the same since election except Kamala was president?
I'm tired of all this winning, think i'll take a nap.
Trump playing tariff chicken with everybody else's money.
The market doesn’t know what do about the administration tariff policy. Until there is enough data on that or clarity. Think we’re heading into the mid 30’s.
Yes. Emotions and finances are not a good combination.
Tariffs seem like the big question mark, hard to figure out where that will go.
(job market seems a bit slower too)
I'm skeptical gov staffing cuts amount are enough to amount to a significant economic impact.
Hell no. We’re not even close to the bottom of Trumpconomy. I’ve got a huge chunk of cash ready…just waiting to pounce.
The issue with staffing cuts are more about service loss impact. Economically I agree. The shrink in GDP is real though. Downsizing in the private sector is coming. It has to. CEO’s have to boost profits with declining sales.
The “sugar rush” started 15-17 years ago when Junior and Congress fiddled while the allowed Rome to burn. A ridiculous “tax refund”, a senseless tax cut, observing the financial collapse of the American currency along with starting 2 wars halfway around the world (and not bothering to finance them) led to a disastrous distribution of free money and record low inteeest rates… and then three in another round of poorly directed tax cuts and more “no holds barred” Cingressiobal spending and a world-wide pandemic while a poorly qualified Nan occupied the Oval Office… and Voila! Here we are…
What’s tge cure? Trade wars, tariffs and huge wide cut job losses that are seemingly sending us towards some degree of recession and another huge redistribution of wealth (towards the already rich and wealthy)…
Good times from our real estate President!
