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Loving those tariffs . . . your 401K not so much

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04 April 2025, 20:22
TomP
Loving those tariffs . . . your 401K not so much
quote:
Originally posted by Tumbleweed:
Don’t worry.

As soon as Trump and his billionaire buddies buy shitloads of stock at the bottom, the tariffs will come off, the markets will rebound, and gulf between you and Elon Musk will have become a bit wider.

I’d give the tariffs a week, tops, and Trump will boast how he’s taught the world not to mess with him. I think we’re watching one of the grandest, boldest market manipulations in history - and he’s untouchable, because nobody can ever prove it.


Agreed on the matter of asset-stripping of the middle class, but where's the bottom?

Old Persian proverb. When the shah is a fool, he attacks Dagestan...

I take from this, a world-weary, grudging acceptance that shit happens and life goes on.


TomP

Our country, right or wrong. When right, to be kept right, when wrong to be put right.

Carl Schurz (1829 - 1906)
04 April 2025, 20:36
medved
quote:
Originally posted by wymple:
Markets tanking again today. Dow down over a 1000, barely above 39000 now.


just the beginning.