My 401k lol
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Moved mine to 100% international allocations on the 4th, up like 3% since then, highly recommend
Shit, great idea... I should've realized that sooner.
Yup. Ouch.
They are still saying it is "normalizing".
Yeah, right.
“Normalizing” = we dgaf what happens to everyone’s finances because we’re completely insulated from the effects.
I'm yelling timber!
You better move. You better dance.
There goes my savings
Line goes down, arrows go up.
Where AMD, Nvidia and Intel!?
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.
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.
He did say he would be bringing prices down on day 1, just didn't clarify he meant stock prices, not grocery prices.
As of 1:00 PM EST, it's down 12% on the day and dropping 🥰
As of 3:00 PM EST, it's down over 15% on the day and in a bit of a further swing 😍
Buyeu and buycanada are gaining momentum?
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.
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.
The FO phase of FAFO.
All I see here is a bunch of companies that were massively over valued in the first place.
I sleep.