Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:So why did the stock market rise right after the election? It isnt any as though Trump’s rhetoric has changed since winning.
It was euphoria and also short covering (shorts need to buy stock to exit their shorts). Folks thought Trump was full of St about tariffs. Currently, he hasn't backed down. Look at the mortgage rates, they keep going up after the Fed cut interest rates! Big funds/pensions buying bonds for risk free return and selling their stocks. To all that think stocks never go down, you are going to learn something in 2025.
+1 anyone who voted for Trump because of the economy and ignored everything distasteful about this awful man is about to enter the “FO” phase of FAFO
Cope harder, losers. Bill Ackman, a DEMOCRAT hedge fund manager, recently said that the incoming Trump administration was “the most pro-growth administration in [his] lifetime.”
Or, if you prefer looking back instead of looking forward, during Trump’s first term, the S&P 500 was up 70%. It’s clear to everyone except the Trump Derangement Syndrome losers who hang around DCUM that Trump is very likely to be beneficial for the stock market.
Anonymous wrote:I don't understand what kind of dipshit voted for Trump based on the economy. Any halfway sane person knows he's going to be sh!t for inflation, the stock market, and the US economy. Seriously baffled how any moron could have voted for him.
Anonymous wrote:It’s true that the Fed may be done lowering rates for a while, but the last six months of inflation have been under the Fed’s target, and wage pressure is under its long-term average.
The real inflation concern is the uncertainty about Trump’s policies. Basically, no one is certain about how broad and severe the tariffs and immigration curtailment/deportation will be and when they will occur.
At their worst, both policies will be highly inflationary and very disruptive to the economy. For example, the construction and agriculture industries are massively dependent on immigrant labor. Also, broad-based tariffs will be broadly disruptive to supply chains, as producers try to change suppliers to evade tariffs.
All this leads business to freeze their plans pending greater certainty, which is not a recipe for economic expansion. Sure, there’s talks of tax cuts, but without offsetting budget cuts (which are highly unlikely), those too are inflationary.
So, it’s not about CURRENT inflation, but the possibility of UPCOMING inflation caused by the new administration’s policies that is raising long-term rates, despite the Fed lowering short-term rates.
Anonymous wrote:Anonymous wrote:So why did the stock market rise right after the election? It isnt any as though Trump’s rhetoric has changed since winning.
Have you seen his cabinet picks? Heard him talk about taking over the Panama Canal and Greenland?
More importantly, did you see Elon convince Trump to torpedo an almost certain to pass spending bill? The fact that Elon, who is volatile and incapable of acting like an adult, has more sway than Thune or Johnson, is scary. What experience does Elon have with Congress and governing and economics? None. And Trump allowed him to come in and mess with our economy.
Wall Street thought that he “was all talk” (which he usually is). But it’s now very clear, that the inmates are running the asylum, unlike last time he was in office. Where are the guardrails for his nutso behavior? None. It’s being amplified by all nuts around him.
Anonymous wrote:BTC still going strong, that’s the smart money
Anonymous wrote:Anonymous wrote:So why did the stock market rise right after the election? It isnt any as though Trump’s rhetoric has changed since winning.
Election certainty. There was a significant chance of the election being dragged out. The market started going down soon after he started opening his mouth again.
Anonymous wrote:Anonymous wrote:Biden Inflation
Going to be really hard for you the next 4 years when you won’t be able to blame him for your sad life anymore
Anonymous wrote:The market is petrified that Trumps policies will cause massive inflation and drive bond prices up, in turn raising borrowing costs for business.
Anonymous wrote:So why did the stock market rise right after the election? It isnt any as though Trump’s rhetoric has changed since winning.