But… why? It’s only a pause and the US consumers are still paying more for no good reason. The situation just went from worst to less horrible and people are buying??
Good news if you’re rich as shit and knew this was coming! The rest of us, as usual, can go fuck ourselves.
I’m not rich as shit and I didn’t know it was coming but it’s still good news for me too because I’m invested into the stock market as are hundreds of millions of other middle class people.
Right, but you’re just riding the ebbs and flows. The real money is flowing to the people with the inside track. You don’t benefit from instability and chaos. They do, up or down.
Well, you can benefit from the instability if you’ve got the means to buy the dip. In my case, though, whatever’s going on in the world doesn’t really affect my investment strategy - I just keep buying the same amount every single month no matter what.
That’s a smart strategy for long term success, but you’re like an edible straw for the people drinking the milkshake. You’re good as long as there’s more milkshake.
Buying the dip works until it doesn’t.
But a “safe” thing to do? Just continue what you were continuing, if you are able to. The idea is to not say “I can buy some nVidia stock!” and to instead just continue making your contributions and getting your matching from your employer.
Long term… yeah. But if there is a future, that is how you don’t end up up shit creek without a paddle.
I have sold all of my S&P 500 shares and will not return until the Orange Turd stops shitting on the markets.
You sold while it was down?
I sold on the last up.
I see we are in full pump mode now, give it a few days and it’ll be dump time
Yay, we’re saved! Praise the line! Line must go up!
Just 2000 more points to go to get back to February before he fucked it all up.
Like, I know it’s all a scheme to make rich people richer, but we could have just ridden the Biden wave and stayed stable and had the world mostly continue to value the United States the same way, but instead we threw out all the goodwill built up over decades so some rich fucks can play the market.
deleted by creator
The prohibitively high tariffs are going down. But there’s still a 30% tariff tax on U.S. consumers for Chinese goods, up from 19% (Trump 1.0/Biden) and 8% (pre-Trump)
I can’t understand why the markets would go up on this news. Didn’t Trump say the tariffs were bringing trillions of dollars into the US?
Because Trump bent the knee instead of retaining an effective embargo on one of their biggest trading partners.
