More stock market carnage coming?! S&P futures down another 4.5%!

[Anonymous]

Anonymous wrote:We need the retirement accounts because globalization killed defined benefit pensions. In addition to blue collar jobs.

No. What you need is...restraint. Who said pensions were a given? Who said, retirement accounts should be mostly invested in stonks?? There's a reason a 60/40 split of stocks/bonds was considered a balanced portfolio. Look at the 10y yield. It has not dropped this much, this fast for quite a while. It's doing the job of the Fed, causing rates to go down, without bowing at Powell's feet.

We've been living large on borrowed time and money for far too long. If the current events actually stick and cause "reality" to rear its head, we're looking at a lot of pain. And that pain is needed.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You can't really turn the world's economic order on its head and not expect repercussions. And now that the United States has demonstrated it's no longer a serious nation, but instead one that can be jerked around and will jerk around others based on the whims of a felonious, idiotic shithead, good luck putting that genie back in the bottle. Many people are going to have their retirements shattered and many businesses will fail.

"one that can be jerked around" - True. That has been happening for decades.

"will jerk around others" - Should have happened decades ago, but didn't.

"on the whims of a felonious, idiotic shithead" - But...no one else took action.

"good luck putting that genie back in the bottle" - Agreed. Gonna be wild.

"Many people are going to have their retirements shattered" - The same people who were driving G-Wagons, because ...stonks!! ? The average person has very little exposure to the capital markets, this is only affecting the wealthy. They can take it.

"many businesses will fail" - Should have happened decades ago. All these zombie companies that exists solely because we kept cost of money so low for so long...

This is actually a good point. It’s been documented that the top 10% wealthiest Americans own 90% of all stocks. Trump seems OK crashing the market in service of establishing more equitable global trade for the American worker and creating middle-class jobs.

I know most people here think that his plan is doomed to fail, but you have to at least acknowledge that he’s the first president in decades (if not longer) to be willing to tolerate/inflict pain on the wealthy in service of advancing the middle class.

The bleeding-heart DCUM liberals should, if nothing else, be supportive of that in principle. Instead, everyone here seems more concerned with their retirement accounts. Tsk, tsk, tsk - bad liberals!

The stock market trades on projected future earnings. This is strong signaling that earnings are in peril. Which means that people and businesses aren't buying, businesses aren't investing, followed by fewer workers working, etc. This impacts everybody. Maybe you know that, though and are just providing weak cover for the moron-in-chief.

They are. I mean...it doesn't take a genius to see that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You can't really turn the world's economic order on its head and not expect repercussions. And now that the United States has demonstrated it's no longer a serious nation, but instead one that can be jerked around and will jerk around others based on the whims of a felonious, idiotic shithead, good luck putting that genie back in the bottle. Many people are going to have their retirements shattered and many businesses will fail.

"one that can be jerked around" - True. That has been happening for decades.

"will jerk around others" - Should have happened decades ago, but didn't.

"on the whims of a felonious, idiotic shithead" - But...no one else took action.

"good luck putting that genie back in the bottle" - Agreed. Gonna be wild.

"Many people are going to have their retirements shattered" - The same people who were driving G-Wagons, because ...stonks!! ? The average person has very little exposure to the capital markets, this is only affecting the wealthy. They can take it.

"many businesses will fail" - Should have happened decades ago. All these zombie companies that exists solely because we kept cost of money so low for so long...

This is actually a good point. It’s been documented that the top 10% wealthiest Americans own 90% of all stocks. Trump seems OK crashing the market in service of establishing more equitable global trade for the American worker and creating middle-class jobs.

I know most people here think that his plan is doomed to fail, but you have to at least acknowledge that he’s the first president in decades (if not longer) to be willing to tolerate/inflict pain on the wealthy in service of advancing the middle class.

The bleeding-heart DCUM liberals should, if nothing else, be supportive of that in principle. Instead, everyone here seems more concerned with their retirement accounts. Tsk, tsk, tsk - bad liberals!

The stock market trades on projected future earnings. This is strong signaling that earnings are in peril. Which means that people and businesses aren't buying, businesses aren't investing, followed by fewer workers working, etc. This impacts everybody. Maybe you know that, though and are just providing weak cover for the moron-in-chief.

This x100. The person who wrote this has never taken an Econ class in their life. It is absolutely mind blowing how little they understand how a modern economy works. As if the stock market is just a game not real money with real world consequences for businesses’ growth and an outsized impact on the economy. Trump loves the uneducated.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You can't really turn the world's economic order on its head and not expect repercussions. And now that the United States has demonstrated it's no longer a serious nation, but instead one that can be jerked around and will jerk around others based on the whims of a felonious, idiotic shithead, good luck putting that genie back in the bottle. Many people are going to have their retirements shattered and many businesses will fail.

"one that can be jerked around" - True. That has been happening for decades.

"will jerk around others" - Should have happened decades ago, but didn't.

"on the whims of a felonious, idiotic shithead" - But...no one else took action.

"good luck putting that genie back in the bottle" - Agreed. Gonna be wild.

"Many people are going to have their retirements shattered" - The same people who were driving G-Wagons, because ...stonks!! ? The average person has very little exposure to the capital markets, this is only affecting the wealthy. They can take it.

"many businesses will fail" - Should have happened decades ago. All these zombie companies that exists solely because we kept cost of money so low for so long...

This is actually a good point. It’s been documented that the top 10% wealthiest Americans own 90% of all stocks. Trump seems OK crashing the market in service of establishing more equitable global trade for the American worker and creating middle-class jobs.

I know most people here think that his plan is doomed to fail, but you have to at least acknowledge that he’s the first president in decades (if not longer) to be willing to tolerate/inflict pain on the wealthy in service of advancing the middle class.

The bleeding-heart DCUM liberals should, if nothing else, be supportive of that in principle. Instead, everyone here seems more concerned with their retirement accounts. Tsk, tsk, tsk - bad liberals!

The stock market trades on projected future earnings. This is strong signaling that earnings are in peril. Which means that people and businesses aren't buying, businesses aren't investing, followed by fewer workers working, etc. This impacts everybody. Maybe you know that, though and are just providing weak cover for the moron-in-chief.

They are. I mean...it doesn't take a genius to see that.

Well, the current MAGA spin they're trying to roll out is that this only affects the "few" stockholders, and nobody else cares. It's beyond absurd and some of their weakest deflection yet. You have to be a special kind of moron to tank the economy as quickly as he did. He just continues to top himself when it comes to utter incompetence.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You can't really turn the world's economic order on its head and not expect repercussions. And now that the United States has demonstrated it's no longer a serious nation, but instead one that can be jerked around and will jerk around others based on the whims of a felonious, idiotic shithead, good luck putting that genie back in the bottle. Many people are going to have their retirements shattered and many businesses will fail.

"one that can be jerked around" - True. That has been happening for decades.

"will jerk around others" - Should have happened decades ago, but didn't.

"on the whims of a felonious, idiotic shithead" - But...no one else took action.

"good luck putting that genie back in the bottle" - Agreed. Gonna be wild.

"Many people are going to have their retirements shattered" - The same people who were driving G-Wagons, because ...stonks!! ? The average person has very little exposure to the capital markets, this is only affecting the wealthy. They can take it.

"many businesses will fail" - Should have happened decades ago. All these zombie companies that exists solely because we kept cost of money so low for so long...

This is actually a good point. It’s been documented that the top 10% wealthiest Americans own 90% of all stocks. Trump seems OK crashing the market in service of establishing more equitable global trade for the American worker and creating middle-class jobs.

I know most people here think that his plan is doomed to fail, but you have to at least acknowledge that he’s the first president in decades (if not longer) to be willing to tolerate/inflict pain on the wealthy in service of advancing the middle class.

The bleeding-heart DCUM liberals should, if nothing else, be supportive of that in principle. Instead, everyone here seems more concerned with their retirement accounts. Tsk, tsk, tsk - bad liberals!

The stock market trades on projected future earnings. This is strong signaling that earnings are in peril. Which means that people and businesses aren't buying, businesses aren't investing, followed by fewer workers working, etc. This impacts everybody. Maybe you know that, though and are just providing weak cover for the moron-in-chief.

Alright you money wonk Republicans

You know who you are. You liked Trump because you thought you could make money. You have to help get rid of this guy and his minions

He's served you up on a platter. There's no way to come out of this unscathed. Trump has to go.

[Anonymous]

Anonymous wrote:I think there's a lot further to fall. I expect the S&P 500 to drop at least 30% from peak - maybe more.

Good Thing you have no clue

[Anonymous]

Anonymous wrote:I think there's a lot further to fall. I expect the S&P 500 to drop at least 30% from peak - maybe more.

When the S&P is losing more than 15% in three short days of trading, it will ultimately lose a lot more than 30% from peak. I wouldn't be surprised if we're down 30% by the end of the week.

[Anonymous]

Anonymous wrote:

Anonymous wrote:We need the retirement accounts because globalization killed defined benefit pensions. In addition to blue collar jobs.

No. What you need is...restraint. Who said pensions were a given? Who said, retirement accounts should be mostly invested in stonks?? There's a reason a 60/40 split of stocks/bonds was considered a balanced portfolio. Look at the 10y yield. It has not dropped this much, this fast for quite a while. It's doing the job of the Fed, causing rates to go down, without bowing at Powell's feet.

We've been living large on borrowed time and money for far too long. If the current events actually stick and cause "reality" to rear its head, we're looking at a lot of pain. And that pain is needed.

Ah! I recognize you! You are the small business owner who paid off their mortgage, barely invests in the market, and has no understanding of how economies work. You are embarrassing yourself with this talk about restraint. It’s like you live in a different metaverse where you are trying to out the globalization - the genie in the bottle back in.

[Anonymous]

So what do we do? Sell all our stocks on Monday?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You can't really turn the world's economic order on its head and not expect repercussions. And now that the United States has demonstrated it's no longer a serious nation, but instead one that can be jerked around and will jerk around others based on the whims of a felonious, idiotic shithead, good luck putting that genie back in the bottle. Many people are going to have their retirements shattered and many businesses will fail.

"one that can be jerked around" - True. That has been happening for decades.

"will jerk around others" - Should have happened decades ago, but didn't.

"on the whims of a felonious, idiotic shithead" - But...no one else took action.

"good luck putting that genie back in the bottle" - Agreed. Gonna be wild.

"Many people are going to have their retirements shattered" - The same people who were driving G-Wagons, because ...stonks!! ? The average person has very little exposure to the capital markets, this is only affecting the wealthy. They can take it.

"many businesses will fail" - Should have happened decades ago. All these zombie companies that exists solely because we kept cost of money so low for so long...

This is actually a good point. It’s been documented that the top 10% wealthiest Americans own 90% of all stocks. Trump seems OK crashing the market in service of establishing more equitable global trade for the American worker and creating middle-class jobs.

I know most people here think that his plan is doomed to fail, but you have to at least acknowledge that he’s the first president in decades (if not longer) to be willing to tolerate/inflict pain on the wealthy in service of advancing the middle class.

The bleeding-heart DCUM liberals should, if nothing else, be supportive of that in principle. Instead, everyone here seems more concerned with their retirement accounts. Tsk, tsk, tsk - bad liberals!

Explain how this helps lower income people? Prices will go up, he’ll keep income taxes lower for higher income and the market will recover. I make $1M + with millions in the market and while I don’t love seeing the fluctuations, we’ll be fine. If prices go up, I don’t care that much as a favorable tax package will more than counteract a $4k increase in a car or grocery prices.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You can't really turn the world's economic order on its head and not expect repercussions. And now that the United States has demonstrated it's no longer a serious nation, but instead one that can be jerked around and will jerk around others based on the whims of a felonious, idiotic shithead, good luck putting that genie back in the bottle. Many people are going to have their retirements shattered and many businesses will fail.

"one that can be jerked around" - True. That has been happening for decades.

"will jerk around others" - Should have happened decades ago, but didn't.

"on the whims of a felonious, idiotic shithead" - But...no one else took action.

"good luck putting that genie back in the bottle" - Agreed. Gonna be wild.

"Many people are going to have their retirements shattered" - The same people who were driving G-Wagons, because ...stonks!! ? The average person has very little exposure to the capital markets, this is only affecting the wealthy. They can take it.

"many businesses will fail" - Should have happened decades ago. All these zombie companies that exists solely because we kept cost of money so low for so long...

This is actually a good point. It’s been documented that the top 10% wealthiest Americans own 90% of all stocks. Trump seems OK crashing the market in service of establishing more equitable global trade for the American worker and creating middle-class jobs.

I know most people here think that his plan is doomed to fail, but you have to at least acknowledge that he’s the first president in decades (if not longer) to be willing to tolerate/inflict pain on the wealthy in service of advancing the middle class.

The bleeding-heart DCUM liberals should, if nothing else, be supportive of that in principle. Instead, everyone here seems more concerned with their retirement accounts. Tsk, tsk, tsk - bad liberals!

The stock market trades on projected future earnings. This is strong signaling that earnings are in peril. Which means that people and businesses aren't buying, businesses aren't investing, followed by fewer workers working, etc. This impacts everybody. Maybe you know that, though and are just providing weak cover for the moron-in-chief.

Yup. A large part of the economy is on standstill because there's no certainty and these tariffs are the largest tax increase, as a percentage of GDP, in generations.

The worst part is that Congress can stop this at any time. Yet the only Republicans speaking up against it are Murkowski, Collins, McConnell, Paul and Bacon.

[Anonymous]

I hate trump.

[Anonymous]

Anonymous wrote:So what do we do? Sell all our stocks on Monday?

We’re holding. It will stabilize soon.

[Anonymous]

Anonymous wrote:

Anonymous wrote:So what do we do? Sell all our stocks on Monday?

We’re holding. It will stabilize soon.

Or go down another 30%

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So what do we do? Sell all our stocks on Monday?

We’re holding. It will stabilize soon.

Or go down another 30%

More and more business people, including those who voted for Trump, speaking out over the weekend. I think there may be a full on revolt/intervention if this sh*t continues.