re: My new theory on the markets, tariffs, and where I think we end up

Here are more statistics for you...AI sure is neat

quote:

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U.S. Stock Market Ownership by Wealth Tier (1998–2023)
(% of total stock market value owned)

Year Top 1% Next 9% Middle Class (50th–90th %ile) Bottom 50%
1998 ~45% ~35% ~18% <1%
2006 ~50% ~36% ~12% <1%
2016 ~52% ~37% ~10% <1%
2023 ~53% ~36% ~10% <1%
(Sources: Federal Reserve SCF, World Inequality Database, Emmanuel Saez/Zucman)

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quote:

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U.S. Money Supply (M2) Ownership by Wealth Tier
(% of total liquid assets: cash, savings, CDs, money market funds)
(Sources: Federal Reserve SCF, IRS, Wolff 2023)

Year Top 1% Next 9% Middle Class (50th–90th %ile) Bottom 50%
1998 ~35% ~40% ~22% ~3%
2006 ~38% ~42% ~18% ~2%
2016 ~42% ~43% ~14% ~1%
2023 ~45% ~42% ~12% ~1%

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Looks to me like the more globalized the economy becomes, the richer the richest become(at the expense of the middle class).

Destroying retirements in one week. Wow boy you liberals sure do love end of the world theories. I will bet you anything that within one year everyone’s portfolio will
Look better than they did a month ago. Wanna bet doomsdayer???

Not even within a year, within this month everything will be back to where it was. This has been a drastic overreaction to Trump's tariff announcement and over the next several days/weeks everyone will realize this isn't the end of the world and stocks will bounce back.

The people involved that want to make Trump look bad by tanking the stock market can't hold out for the long term, they'll be back after they get their little shot in on Trump.