this post was submitted on 10 Mar 2025
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Political Memes

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[–] altec@midwest.social 33 points 6 days ago (2 children)
[–] Cgers@lemmy.dbzer0.com 14 points 6 days ago (1 children)

Moved mine to 100% international allocations on the 4th, up like 3% since then, highly recommend

[–] Echolynx@lemmy.zip 1 points 6 days ago

Shit, great idea... I should've realized that sooner.

[–] Wilco@lemm.ee 13 points 6 days ago (1 children)

They are still saying it is "normalizing".

[–] RememberTheApollo_@lemmy.world 15 points 6 days ago

Yeah, right.

“Normalizing” = we dgaf what happens to everyone’s finances because we’re completely insulated from the effects.

[–] Glaedr304@lemmy.world 11 points 6 days ago (1 children)
[–] medusadeluxe@lemm.ee 7 points 6 days ago

You better move. You better dance.

[–] pineapplelover@lemm.ee 5 points 6 days ago

There goes my savings

[–] VieuxQueb@lemmy.world 3 points 6 days ago

Line goes down, arrows go up.

[–] Harbinger01173430@lemmy.world 2 points 6 days ago

Where AMD, Nvidia and Intel!?

[–] Calcifer@eviltoast.org 122 points 1 week ago (2 children)

The stock market is generally more of a "rich people's feelings" graph - very few Americans relatively are invested in any meaningful way, most if they are do so through a 401k or similar. That said, what "the market" hates most is uncertainty - and there's quite a lot of reasons to be uncertain at the moment between tariff threats and mass layoffs (not to mention geopolitical tensions).

Importantly though (and this is just a personal opinion) I think many stocks on the market are way overvalued. Executives and investors have used every trick in the book to "make a line go up", which means they aren't really operating on any business foundation designed for longevity or to withstand swings in the market. There's bubbles lurking in a lot of sectors. I'd guess at least some of this downwards momentum will be a market correction for some of these issues.

As always though, it's the folks invested through pensions and 401ks that have the most to lose relatively. The big players have probably already taken out their cash and are just waiting to see what they can buy up in a crash.

[–] Semi_Hemi_Demigod@lemmy.world 48 points 1 week ago (1 children)

I watched a comedian on YouTube make a great point: When DeepSeek was announced the markets lost a trillion dollars in value and almost no one noticed except like twelve people.

[–] 474D@lemmy.world 18 points 1 week ago (3 children)
[–] UltraMagnus0001@lemmy.world 1 points 6 days ago

I listen to him at work

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[–] skozzii@lemmy.ca 95 points 1 week ago

He did say he would be bringing prices down on day 1, just didn't clarify he meant stock prices, not grocery prices.

[–] miss_demeanour@lemmy.dbzer0.com 85 points 1 week ago (3 children)
[–] MsPenguinette@lemmy.world 47 points 1 week ago (2 children)

As of 1:00 PM EST, it's down 12% on the day and dropping 🥰

[–] MsPenguinette@lemmy.world 24 points 1 week ago

As of 3:00 PM EST, it's down over 15% on the day and in a bit of a further swing 😍

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[–] Coffeegrinder@feddit.nl 32 points 1 week ago (3 children)

Buyeu and buycanada are gaining momentum?

[–] pedz@lemmy.ca 27 points 1 week ago (4 children)

I agree with the sentiment but I work in IT and yearn for when we will get rid of Microsoft, Amazon, and the tech giants.

My mother won't buy anything American at the grocery store but uses Amazon and Facebook every day.

My coworkers won't buy American products but use Windows, Teams, and Office every day.

I may be using Linux, open source software, and avoid American tech when possible, but I still use Google and Gmail.

At some point we may want to (or should) also extend that boycott to software and tech services. Have our governments, institutions and people not dependent on American corporations. It can only be good for our sovereignty anyway.

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[–] melpomenesclevage@lemmy.dbzer0.com 29 points 1 week ago (19 children)

I know nothing the stock market does is ever good for actual people, and any direction the line goes will be used as an excuse to commit atrocities against the poor, but I do feel a little thrill seeing it go down as the contrivances of 'wealth' used to gaslight us into not taking the full value of our labor at least superficially collapse.

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[–] mp3@lemmy.ca 24 points 1 week ago

The FO phase of FAFO.

[–] Majorllama@lemmy.world 23 points 1 week ago

All I see here is a bunch of companies that were massively over valued in the first place.

I sleep.

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