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re: They told me it was different this time. TSLA down 14% MSTR down 18%.Dow & Nasdaq down 800

Posted on 3/10/25 at 3:10 pm to
Posted by Big Scrub TX
Member since Dec 2013
36803 posts
Posted on 3/10/25 at 3:10 pm to
quote:


This money printing was a wealth transfer from the people who work for a living to the parasites that live off the back of the working man


By far the biggest beneficiaries of covid printing were the affluent who got ultra-cheap rates with which to buy ever-buoyed assets that have gone higher and higher.

On top of all the extra time I got with my family, covid was financially the single greatest 2-3 years of my life.
Posted by el Gaucho
He/They
Member since Dec 2010
56728 posts
Posted on 3/10/25 at 3:17 pm to
quote:

On top of all the extra time I got with my family, covid was financially the single greatest 2-3 years of my life.

Yeah I’m hoping Trump will send all the work from homers to the coal mine for reeducation soon

I went to work every day and I never got a check from the government. It’s time real Americans like me got reparations
Posted by Big Scrub TX
Member since Dec 2013
36803 posts
Posted on 3/10/25 at 3:34 pm to
quote:


I went to work every day and I never got a check from the government. It’s time real Americans like me got reparations
The direct checks you refer to (of which I'm not sure I even know anyone who got one) are chicken feed compared to the uplift in asset values and precipitous decline in rates.
Posted by slackster
Houston
Member since Mar 2009
89380 posts
Posted on 3/10/25 at 3:42 pm to
frick off alter.

I’ve got no problem with the message, but these Money Talk alters are just pussies. They flame when things go down and are banned before there is even a rebound.
Posted by Yeti_Chaser
Member since Nov 2017
9621 posts
Posted on 3/10/25 at 6:39 pm to
quote:

and a lot of people selling.

Well yea. That's why it's going down
Posted by AirbusDawg
Milton, Ga
Member since Jan 2018
2751 posts
Posted on 3/10/25 at 6:55 pm to
It's gonna keep going down. We've been in a recession for the last year. There is no good news on the horizon, the tariff bluff failed miserably once Canada and Mexico told Trump to suck it. Probably the worst played hand Trump has played so far. Employment numbers will be terrible the next six months. There are no positives at the moment to turn the market. Not sure why we couldn't have waited until year two, and a stronger economy to intruduce tariffs. Housing prices will continue to be high, as there are no people to build things anymore.

He should have just tried to cut wasteful spending and balancing the budget. It's gonna be hard times the next 18-24 months.
Posted by DrrTiger
Louisiana
Member since Nov 2023
1406 posts
Posted on 3/10/25 at 7:00 pm to
quote:

Today is the New Normal, thanks to the hordes of people voting strictly on emotion for a failed businessman to be Economist-In-Chief.


Failed businessman? As opposed to your DEI broad who never so much as ran a lemonade stand?

Step aside, son. The adults are back in charge.
Posted by ned nederlander
Member since Dec 2012
5033 posts
Posted on 3/10/25 at 7:51 pm to
quote:

We've been in a recession for the last year.


quote:

He should have just tried to cut wasteful spending and balancing the budget.


Well, we weren’t in a recession for the last year. And hold on to your butts for what a real recession is going to do to the deficit.

I do generally think this is the start of good buying opportunity, but think this is just the start. The American equities market benefit tremendously from global capital. We are really telling the rest of the globe to go frick itself at the moment.

The fight with Canada and Mexico may prove to be the dumbest economic unforced error in American history.

Hopefully we come to our senses and resign the same nafta deal for the third time. But even that may not keep Canadians buying our equities and spending in our cities like they have historically done.
Posted by DawgCountry
Great State of GA
Member since Sep 2012
31506 posts
Posted on 3/10/25 at 7:55 pm to
quote:

voting strictly on emotion


quote:

tarzana


I swear you people amaze me every day.
Posted by Bonkers119
Baton Rouge
Member since Dec 2015
11190 posts
Posted on 3/10/25 at 8:30 pm to
quote:

The adults are back in charge.


Lmao the adults are about to cause the first recession in 18 years. Great job adults.
This post was edited on 3/10/25 at 8:32 pm
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
51951 posts
Posted on 3/10/25 at 8:36 pm to
quote:

The economy has been terrible since Covid but the stocks went up because of money printing


Now the market is reacting in fear that someone might cut the printer off. The printer is still going for now though

Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11611 posts
Posted on 3/10/25 at 8:38 pm to
quote:

and a lot of people selling


Not very like it’s probably about 10% of money that has that kind of discretion
. I’d assume there’s virtually no selling from the largest funds like VOO and probably very little redemptions in retirement accounts.
Posted by Lakeboy7
New Orleans
Member since Jul 2011
25310 posts
Posted on 3/10/25 at 8:54 pm to
quote:

I’d assume there’s virtually no selling from the largest funds like VOO


Of course there is, set your alarm, price goes down 10% automatic sell.
Posted by slackster
Houston
Member since Mar 2009
89380 posts
Posted on 3/10/25 at 8:55 pm to
Huh?
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11611 posts
Posted on 3/10/25 at 9:16 pm to
Look at the volume the past month
Posted by TDsngumbo
Member since Oct 2011
45438 posts
Posted on 3/10/25 at 11:04 pm to
quote:

and a lot of people selling.

It
Always
Comes
Back
Higher
Than
Before
So
People
Need
To
Calm
The
frick
Down
Posted by cadillacattack
the ATL
Member since May 2020
7555 posts
Posted on 3/11/25 at 5:21 am to

How is Gold doing?

Posted by Dumpster Diver
Member since Mar 2025
153 posts
Posted on 3/11/25 at 8:26 am to
quote:

Sheep selling, Wolves buying


The real wolves shorted a couple of months ago and have made a fortune
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