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re: For all you stock market doomsayers - a picture is worth a thousand words
Posted on 4/5/25 at 12:30 pm to Stinger_1066
Posted on 4/5/25 at 12:30 pm to Stinger_1066
Interesting to use the dow Jones, which is only 30 companies, all of which are on the less volatile end of the spectrum.
Now do sp500, NASDAQ, or, the entire US market.
Small, mid and tech is getting killed.
Now do sp500, NASDAQ, or, the entire US market.
Small, mid and tech is getting killed.
0
Posted on 4/5/25 at 12:37 pm to CaptainJ47
quote:
How about you update the chart to show that the market is at 38,300? Still a really sharp, brutal pullback. I am using it as a buying opportunity personally but it doesn’t mean that it doesn’t suck.
I reject your premise. If what is being done returns manufacturing to a country which pays people to do nothing, and reverses that trend, then pullback is an acceptable result.
If my doctor said “I can get the malignant tumor out, but you’re not gonna be playing golf for a month”, them that first game back after a month will have been worth it. And because I chose that pullback, I get a lifetime of future golf rather than pain and death.
Posted on 4/5/25 at 12:45 pm to Stinger_1066
Oh no!! You posted a picture that showed the numbers before the end of the day!!! It’s actually 2 points more!
The Kamala butt lickers are going to now attack you here on TD for posting an image two hours too early!!
The Kamala butt lickers are going to now attack you here on TD for posting an image two hours too early!!
Posted on 4/5/25 at 12:48 pm to RogerTheShrubber
quote:
He has it at 44k, whoich is absolute bullshite. By monday we will be below 38k.
By next week it will be back up. Who cares?
Posted on 4/5/25 at 12:50 pm to Stinger_1066
Posted on 4/5/25 at 12:57 pm to Stinger_1066
When people pull out the 5 year chart you know it’s bad lol
Posted on 4/5/25 at 12:58 pm to OccamsStubble
quote:
If what is being done returns manufacturing to a country which pays people to do nothing
I cant believe actual grown arse men believe this shite
Posted on 4/5/25 at 1:12 pm to Corinthians420
quote:
They are all going into a war with 1 market. we are going into a simultaneous war with 100+ markets. Of course we will be more affected.
Ah Las Vegas and Macau were built on poor souls like yourself, somehow confusing a permutation as a combination.
Posted on 4/5/25 at 1:29 pm to OccamsStubble
quote:
I reject your premise. If what is being done returns manufacturing to a country which pays people to do nothing, and reverses that trend, then pullback is an acceptable result.
If my doctor said “I can get the malignant tumor out, but you’re not gonna be playing golf for a month”, them that first game back after a month will have been worth it. And because I chose that pullback, I get a lifetime of future golf rather than pain and death.
Thats some good shite sir.
I too shall simplify my conversations on the subject, as you stated here, it's simple.
Posted on 4/5/25 at 1:31 pm to RogerTheShrubber
quote:
We are below 38k
quote:
Its dishonest as frick
quote:
RogerTheShrubber
Posted on 4/5/25 at 1:59 pm to Stinger_1066
Some folks on here can't stand a little pain. They've had it to good to long.
Myself included BUT, I worked hard being conservative on my habits, fortunate to save. Live on 50% of what I make. Taught my kids the same or, tried my best to.
The deck needed to be shuffled again. To many aces at the bottom and, always playing to an inside straight.
We haven't won much lately, dry spell so to say. Trumps hand has been played and I voted for it. The status quo had to go. Need a better hand.
I'm banking we come out better as a whole on the other side of this.
My grandchildern deserve my best efforts.
Myself included BUT, I worked hard being conservative on my habits, fortunate to save. Live on 50% of what I make. Taught my kids the same or, tried my best to.
The deck needed to be shuffled again. To many aces at the bottom and, always playing to an inside straight.
We haven't won much lately, dry spell so to say. Trumps hand has been played and I voted for it. The status quo had to go. Need a better hand.
I'm banking we come out better as a whole on the other side of this.
My grandchildern deserve my best efforts.
Posted on 4/5/25 at 2:15 pm to Stinger_1066
So what tariffs was Biden enacting in 2022 and 2023?
Posted on 4/5/25 at 2:28 pm to trinidadtiger
quote:
Ah Las Vegas and Macau were built on poor souls like yourself, somehow confusing a permutation as a combination
All of our imports and exports are affected. At most 1/4th of theirs are. Do you not realize these countries all trade with each other as well and that trade wont be affected at all?
Posted on 4/5/25 at 2:38 pm to OccamsStubble
quote:
I reject your premise. If what is being done returns manufacturing to a country which pays people to do nothing, and reverses that trend, then pullback is an acceptable result.
If my doctor said “I can get the malignant tumor out, but you’re not gonna be playing golf for a month”, them that first game back after a month will have been worth it. And because I chose that pullback, I get a lifetime of future golf rather than pain and death.
There is no future where much of this manufacturing returns to the US without the goods being much more expensive for US consumers. Additionally, since US labor is making these goods they will be non-factors for exports since China and South Asia will undercut us on the world market. So ultimately, this just means more people doing without and spending more when you must buy. The reason many manufacturing industries left this country since around 20 years after WWII was that it was no longer viable for the US population to make most of the things they buy. This was an anomaly of the US being the only fully functional industrial nation after World War II. It is never coming back without a drastic lowering of living standards, buying power, etc. I'm not against targeted tariffs. Sometimes you have to make strategic decisions like: we're not going to be dependent on ghost acreage to feed our people, semiconductors are an essential strategic advantage for our economy and military, etc. These broad tariffs are moronic and are attempting to induce business decisions that are insanely inefficient and wasteful of finite resources.
There are several malignancies in the US political economy but the one this modern crank-led GOP represents the folly of imagining that going forward is possible by going backwards. The centrists, liberals, and socialists have their tumors too. However this tariff scheme distills the core faults of the modern "MAGA" GOP.
This post was edited on 4/5/25 at 2:43 pm
Posted on 4/5/25 at 2:40 pm to Diego Ricardo
These industries would need permanent subsidies.
The MAGA crowd is damn near socialist.
The MAGA crowd is damn near socialist.
Posted on 4/5/25 at 2:41 pm to RogerTheShrubber
quote:
These industries would need permanent subsidies.
The MAGA crowd is damn near socialist.
Ding ding. Costly government intervention in the market is the only way to make this work. Deficit reduction is not happening this way.
Posted on 4/5/25 at 2:42 pm to Diego Ricardo
quote:
Ding ding. Costly government intervention in the market is the only way to make this work
They are claiming our economy is broken and cant be fixed without subsidies.
Posted on 4/5/25 at 2:47 pm to Stinger_1066
I’d like to pull up some TD threads from those days on 2023 because I bet the board was shitting all over Biden for tanking the economy.
Posted on 4/5/25 at 2:48 pm to Stinger_1066
Everybody bitching about the pic and the graph are fricked up. It’s not the point. The point is there was an equal or even bigger pullback in Biden’s term but board libs love to talk about Biden’s stock market. Were you screaming at the sky then?
Posted on 4/5/25 at 2:51 pm to RogerTheShrubber
The story of the colonies and United States is one of ghost towns, population flows where opportunities exist, and steady advancement through the sophistication of capabilities. We need to let the rusted towns rust and those who can't or won't flow towards the next opportunities in skills, knowledge, or location need to accept their fate.
I felt like JDV's lesson in Hillbilly Elegy was that we shouldn't feel sorry for the rusted out hollers because these people will not help themselves so we shouldn't waste too much time trying. Maybe y'all read it differently. JD and I have a good bit in common in terms of upbringing. You can come from the post-industrial ruin and make something of yourself without the textile or automotive part manufacturing plant that left town.
We need to accept that some people are just not going to live quite as comfortably as the 1960s without having a bit more industry and intelligence.
I felt like JDV's lesson in Hillbilly Elegy was that we shouldn't feel sorry for the rusted out hollers because these people will not help themselves so we shouldn't waste too much time trying. Maybe y'all read it differently. JD and I have a good bit in common in terms of upbringing. You can come from the post-industrial ruin and make something of yourself without the textile or automotive part manufacturing plant that left town.
We need to accept that some people are just not going to live quite as comfortably as the 1960s without having a bit more industry and intelligence.
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