this post was submitted on 02 Apr 2025
15 points (100.0% liked)
Melbourne
2000 readers
50 users here now
This community is a place created for the people of Melbourne and Victoria. We are a positive, welcoming and inclusive community. We might not agree about everything, but we always strive to stay civil and respectful.
The focus of our discussions is based around things that affect Victoria, but we are also free to discuss our local perspective on wider issues. Or head to the regular Daily Random Discussion thread to talk about anything.
Ongoing discussions, FAQs & Resources (still under construction)
Adoption Certificate for Nellie, the Daily Thread numbat (with thanks to @Catfish)
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Stock market looking not good with Trump's overnight tariff plan reveal. Going to be a busy day at work ๐
Well, the bonds I was a bit ambivalent about buying are looking good.
I do find it bizarre how panicky the stock market is. It's not like the tariff anouncements are either a surprise or that it's actually certain he won't change his mind again.
Agree, but I think the extent of his proposal is a bit of a shock. Also agree that it seems pretty likely he will roll majority of them back significantly as he's done before. Seems to me like he's literally just manipulating the stock market for personal gain/gain of friends
Wouldn't be the first time.
Did a bit of bond theory stuff back in uni and have to say it was one of the more interesting bits of the course. The stock market theory stuff was completely full of shit.
Currently I'm looking at gold. Not as investment but I have a very pretty gold 24k sovereign coin that I randomly won in a coca cola thing back in 1997 heh. I'm tempted to sell it (only 7 grams lol) as the price is wild thanks to the orange man but it's so shiny and the design is excellent I'm conflicted.
*not investment advice, past returns are not indicative of future returns.