Pain is needed...because...a dual income household today...has the same purchasing power as a single income household in the 70s. Take a wild guess what happened in the 70s. I'll answer it. Bretton Woods. We SHOULD be more prosperous than we are with dual incomes...but we're not. The last 50yrs have been all about...pick your adjective. The problem is, nobody did anything about it until now. With Trump. Whether you like him or not is irrelevant, he's putting wheels in motion that are reminiscent of a bygone era. Deal with it. |
What "big policy decisions"? "Tariffs are beautiful" and "the Fed needs to lower the 10 year rate so my loan payments go down" -- those are the only decisions being made. By one man, the dictator you apparently voted for. You're neither independently wealthy nor a Big 4 partner - you're a koolaid-drinking Trumper who has no money in stocks because you're broke. BTW, the 10yr dropped pretty fast in September, how quickly they forget. |
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I believe it will dip again tomorrow. No job seems safe, all consumer goods 20-25% more expensive, tourist from outside the US is way down and there’s no relief in sight. Only billionaires are getting tax breaks in the new plan.
A pretty high percentage of Americans think this is the end of our country and democracy. Even Congress won’t fight for our country. |
This will actually fuel automation though as those investments will now come out ahead of the status quo. I wouldn't be surprised if this shrinks manufacturing employment |
Clutching some pearls, are we? You have NO idea who I am, and neither do I know who you are. |
The relentless stupidity of this type of post is the problem. The morons are fully in charge. |
So....accept it and deal with it?
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Well, we can all agree that you're a clown. You've failed to make a point this entire thread. |
I think the first Fibonacci is at 4200 for SP 500. Does anyone on here seriously follow this ? My calculation is very rudimentary, so wonder if someone has a more accurate number. |
Eh... no
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^^^^^^
The shock will wear off the financial people eventually, just like those of us have been outraged by what Trump has already done. Time for them to pick a side. |
So you are one of the idiots that is helping engineer this? A consultant? Oh this is too good. Here's your cookie for doing such a great job. |
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Unlike most other crashes this is one that Trump and republicans cannot weasel their way out of taking responsibility for. They fully own it.
One of the important rules of politics is to not f**k with people’s money. They’re going to FAFO if nobody with influence grows a spine and forces Trump to change course. Anyone who isn’t full blown MAGA and even a good chunk of the MAGAs will lose all loyalty to him when their livelihoods are wrecked all thanks for these moronic policies |
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Yes, the carnage is set to continue. We did not suddenly get a competent, thoughtful president who has a solid plan for the US economy.
People did not believe at first that he was going to impose the tariffs. Then,they thought he would walk them back. That is not happening. Hence the continued decline. |
| It seems that it is better to sell even considering the capital gains taxes. At least you'll increase your tax basis when you het back in later. At some point you'd pay capital gains taxes anyway unless you plan to die with the stocks. |