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re: Dow Headed for Worst April Since Great Depression
Posted on 4/22/25 at 8:56 am to Seldom Seen
Posted on 4/22/25 at 8:56 am to Seldom Seen
My god
This is painful
I have to admit to being completely blindsided and naive
I bought stocks based on trump winning. I know it sounds stupid but I really believed he would be great for the markets.
This is painful
I have to admit to being completely blindsided and naive
I bought stocks based on trump winning. I know it sounds stupid but I really believed he would be great for the markets.
2
Posted on 4/22/25 at 8:57 am to Flats
quote:
Is that where we are now?
I guess so.
Look, at the most fundamental level Trump wants a good deal. He is a deal maker. 9 out of 10 times when you want or get a good deal you have to abide by conservative principles. Some conservatives prioritize conservative principles over a good deal. Trump/MAGA prioritizes a good deal over all ideology. MAGA is economic, social, foreign policy, etc. is utilitarianism, morally right actions lead to the best deal for the most people.
In terms of trade the goal is to make the best deal.
Traditional U.S. Chamber of Commerce and CATO Institute Republicans want to make the best trade deals too but they want to do with without the tariff card on the table while trading partners fully exercise their tariff card.
Trump/MAGA is not afraid to use the tariff card to make a good deal. But to keep the tariff card on the table you have to be unafraid to use it.
Posted on 4/22/25 at 8:59 am to SoFlaGuy
quote:
Haven't looked at my 401K. Don't plan on it any time soon. Hasn't impacted me at all. Odd how that works.
Depends on your age and retirement status. There are some seniors who are uncomfortable right now. Most expect it to go back up but none expect it to be soon.
Posted on 4/22/25 at 8:59 am to SlidellCajun
quote:This is the post of a 22 year old dipping their toe in the market.
My god
This is painful
I have to admit to being completely blindsided and naive
I bought stocks based on trump winning. I know it sounds stupid but I really believed he would be great for the markets
Posted on 4/22/25 at 9:00 am to SoFlaGuy
quote:
Haven't looked at my 401K. Don't plan on it any time soon. Hasn't impacted me at all. Odd how that works.
I mean… if we in the middle of our careers were truthful…. I’d like a depressed market for the next 5 to 10 years. THEN go up at the end.
Take in consideration the money invested during the Obama 8 years. The market was absolute shite the entire time. What about now? Those investments are looking good now.
Posted on 4/22/25 at 9:02 am to The Egg
quote:
just for balance, if this happened under JB, this board would be screaming to the top of their lungs
True. This is an unavoidable market pull back that is getting blamed on tariffs. This was going to happen regardless of tariff talk or not. The FR is tightening and it's just part of the natural business cycle. Markets don't go straight up forever. Also we are not even technically in a bear market right now. Just think how bad the political rhetoric would be if we were in a bear market.
Posted on 4/22/25 at 9:03 am to Seldom Seen
The Dow/Economy has been based on Fiat Money for more than two decades now. Sooner or later the presses run out of credibility ink and “The Great Reset “ happens. And all those ‘private’ assets go into the Globalist kitty. Better a controlled reset than a crash that ends our Nation’s sovereignty. Money is great, but the freedom to employ it is of more importance.
Posted on 4/22/25 at 9:03 am to Lakeboy7
quote:
Absolutely. 99% of Trump voters are poor and have no invested money.
Tons of poor people have money in the stock market and crypto. This is the issue. They can't stomach short term loss for long term gain. You can purchase 1000 shares of nvidia right now for what a bitcoin was going for a few months ago, except people still don't understand that nVidia has little competition for at least 2 more years in several of its revenue streams.
AMD has overtaken Intel in the gaming market now 2 generations in a row and their latest processor just released in March. Its benchmarks are just starting to come out and look to outperform Intel's in multi threading.
Blackberry is projected to double in the next 90 days.
These are things you just put the money in, and dont expect to get it back anytime soon, but when you do come for it, you're going to make money if you wait long enough.
Posted on 4/22/25 at 9:04 am to L1C4
quote:
market correction
Lol
So thats zero. You are just crying to cry
Posted on 4/22/25 at 9:05 am to Seldom Seen
Bought in with mid 5 figures. Many good price point buy ins.
Posted on 4/22/25 at 9:05 am to The Egg
quote:
just for balance, if this happened under JB, this board would be screaming to the top of their lungs
I would have been buying then too!
The biggest difference is that Biden had no plan forward. Trump is doing this for a reason. And if you don't know what that is, then shut the frick up!
Posted on 4/22/25 at 9:05 am to Seldom Seen
Make stocks affordable again!
Posted on 4/22/25 at 9:06 am to Seldom Seen
MAGA: A depression is needed to fix this fake economy. Let’s pump that unemployment to 12-15%.
Posted on 4/22/25 at 9:06 am to Seldom Seen
Why does the article title say "Dow Headed for..." and shows a chart of the S&P 500, Gold, and WSJ Dollar Index? No chart for the Dow?
Posted on 4/22/25 at 9:10 am to GumboPot
quote:
I know y'all have a strong desire to pin this down turn equities on "tariffs" but this down turn is more closely correlated with FR tightening. Why do do you think Trump is calling out Jerome? He wants Jerome to ease because FR easing juices equites.
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Posted on 4/22/25 at 9:10 am to CleverUserName
The market in Obama's 2 terms was up bigly. Look it up.
On the day that Obama took office, the Dow Jones Industrial Average (DJIA) closed at 7,949.09.
On Obama's last day of office, the DJIA closed at 19,827.25.
The DJIA grew 149% during Obama's presidency.
On the day that Obama took office, the Dow Jones Industrial Average (DJIA) closed at 7,949.09.
On Obama's last day of office, the DJIA closed at 19,827.25.
The DJIA grew 149% during Obama's presidency.
Posted on 4/22/25 at 9:10 am to Seldom Seen
I’m up 68.61% on my original investment of precious metals. I’m ok for now.
Posted on 4/22/25 at 9:11 am to Seldom Seen
Wish it was more like Never Seen, but we get it - TDS is real.
Markets go up and down and this one will go back up like it always has over the last 100+ years.
Markets go up and down and this one will go back up like it always has over the last 100+ years.
Posted on 4/22/25 at 9:11 am to Seldom Seen
In finance there is always an equal and opposite reaction.
If you're a casual investor don't pay attention to the daily monthly swings in the market
If you're a casual investor don't pay attention to the daily monthly swings in the market
Posted on 4/22/25 at 9:13 am to sofladawg
quote:
On the day that Obama took office, the Dow Jones Industrial Average (DJIA) closed at 7,949.09.
On Obama's last day of office, the DJIA closed at 19,827.25.
The DJIA grew 149% during Obama's presidency.
We had FR QE (quantitative easing) through Obama's entire two terms.
Assets including equites love FR easing.
Right now the FR is tightening.
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