| Sorry, but the taco thing is really, really lame. |
I bought during the dip in April but i didnt know anything about tacos(?) |
What, the market is still down per Jan 1. It’s recovered some, but hasn’t had any gains. |
|
The GDP is down
https://www.cbsnews.com/amp/news/gdp-report-first-quarter-2025-declined-commerce-department/ …and our trade deficit is surging, despite the blanket tariffs https://www.newsweek.com/us-trade-deficit-surges-donald-trump-tariffs-2091131 |
Tell that to Wall Street traders. |
goalposts moved much? - stock market carnage and "oh i didn't make X%" are a little different |
Also, they are wrong. S&P was at like 5870 at the start of the year…. It’s 6170 now. A record high. So much for the Great Depression 2.0. People are insane. So many horrific investment decisions made at the start of this year because people have absolutely no perspective. “Unprecedented times” literally happen every 5-10 years and the market does not care. |
Ok so here I am in DC as a 49yo out of work former fed with basic office experience. Please explain your idea for how I should find such a job in DC with my work history, age and cost of living. |
You expand your job search and relocate for employment if you have to. You're not entitled to live and work wherever you like, you live where you can afford to live, and you work where you can find employment. Or, you accept different employment, if that's what you can find where you live. |
But don't they all have infallible crystal balls? Apparently not. |
The market did care. It dropped over 20%. That wasn’t just retail investors pulling out. The market reversed course because Trump reversed course. |
Are you really dump enough to think that democratic retail investors pulled out of the market to such a degree that it caused a 20% market drop? |
All the people taking a victory lap and talking about the great economy are missing the point. Trump’s economic plan was a disaster. He tanked the market and has no idea what he is doing. TACO is the reason that the market improved. The market survived despite Trump’s best intentions (is manufacturing back yet?). But stocks need to be backed by fundamentals. Wall Street is sticking its head in the sand and banking on “outgrowing” the now highest deficit ever. They are saying AI will help us outgrow the deficit ignoring the warning signs. It’s not gonna be pretty, it’s just a matter of when. |
Taco is what drove the market back up. |