Did any reasonable person think the stock market rise was real?

I just don't look at it. Whether it's up or it's down doesn't really make a difference to me, I invest in my long term stuff and let it do it's thing.

I suppose that has alot to do with why I'm not anywhere near panicking.

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We hadn’t had any real job growth

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What part of the job growth was unreal?

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inflation was through the roof

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2.5%-3.0% inflation is NOT through the roof.

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debt was soaring.

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Okay, and?? How much of that debt is past due and likely not going to be repaid?

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Haven’t you been paying attention? Most here knew it was fake so they rode it to the top then sold and are now all in cash welcoming the blood letting.

They just forgot to tell anyone they did it.

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I just don't understand the panic from people unless they are at/near retirement and were still playing the market.

Let's say Trump screws the pooch and the big boom he wants doesn't materialize. In the long term, we'll go back to printing cash and the market will artificially inflate again and all the sky screamers can be happy with their green portfolios.



Let's say it works out how Trump is planning and the economy does take off. In that case, you'll regain the "losses" (which you shouldn't have any if you didn't sell) and your portfolio will take off green again.




Or, the world falls into complete disarray, the end is near and your portfolio doesn't really matter anyway.



In any event, what's there to panic about?

Clusterfrick Nation blog is always entertaining.

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That ruckus you hear in the capital markets is the sickening howl of the Fugazy Economy meeting its extinction. Fugazy means fake, unreal, dishonest, misaligned to what societies need to thrive. Fugazy means mis-using the time-value of things that purport to be wealth to multiply fake wealth in the hands of a few at the expense of the many. The pernicious effects of that system are visible all across the ruined landscape of our country, a nation of broken cities, failed towns, and a demoralized populace.

Mr. Trump apparently aims to convert the expiring Fugazy economy into a production economy — yikes! — based on making things of value, and perhaps more importantly, of people at all social levels having meaningful roles in the making and moving of things. The Trump tariffs are the first big step in a process that is already generating a whole lot of friction, heat, and ferment. The aim of the tariffs is straightforward: the end of a trade regime that punishes and cripples American production.

The response so far is heartening. Many other countries suddenly seek new trade arrangements with the USA, correctly sensing that Mr. Trump means bidness. (This ain’t no Mud Club. . . this ain’t no foolin’ around. . . .) It’s even possible that these readjustments will happen so swiftly that the tariff differentials will be a wash before summer, and everybody will be, at least, on a firm footing, knowing what the clear new rules say. This new disposition of things required forceful incentives to change entrenched, harmful practices.

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The Baby Boomers have gone especially psychotic. That’s why there are so many old folks waving those Soros-made placards in the astroturfed crowds of the “Hands-off” protests. After an eighty-year run of the most mind-blowing comfort and convenience enjoyed by any generation in world history, America’s Boomers stare into the abyss of their fading Fugazy fortunes as their stock portfolios tank. Kind of too bad. Maybe you shouldn’t have gone along for the ride. Maybe you should have cared for your country a bit more.

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LINK

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What part of the job growth was unreal? 2.5%-3.0% inflation is NOT through the roof.

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1. The federal government Was counting the return of Covid workers
2. The federal government was Estimating and adding in a factor in job growth for illegal aliens entering the country


And the average product purchased on Amazon has gone up 25 to 30%

Not 2.5–3%

These spins today are hilarious.

We have been artificially inflating both the GDP and stock market since COVID and now it is time to pay the piper.

We have been due for a correction for some time and the tariff announcement was just the inevitable catalyst. If it was the tariff announcements last week it would have been some other event that would have caused this expected correction. What is funny is that by having this correction tied to tariffs and free trade all it dies us strengthens the Trump economic policy argument instead of having the bubble pop at a later date….

We are having a causation problem in our view of this. Right now people are saying “look, the tariffs crashed the market” even though they have not technically even been implemented. The real issue is the underlying sentiment in the market has been bad for a long time but now with the tariffs people have a “tangible” reason to fear and a real boogeyman to help justify their sell offs.

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I’m not spinning anything did you legitimately think the stock market should’ve been at 44,000?

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It was at 44k.

What makes you think it shouldnt have been there?

What should the average be if 44k is "too high" for you?

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No real economic growth took place to make it surge to that point though,

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Uh, what?

Did you forget the Covid shutdown already?

Probably the retard who started a thread on it here did.