People tweeting stuff. We allow tweets from anyone.
RULES:
Link to archived tweet
To be fair, showing no historical correlation and just assuming the problem or separation started this year because it's specifically indexed to the start of the year, is garbage math. Like, you got the correct answer, but you did the problem completely wrong.
You know if you just use a sharpie to draw the line going up instead of down there isn't a problem anymore.
Maybe they should try more tariffs. More tariffs will fix it definitely.
We just need to hawk more $100k Teslas from the White House. …what a fucking embarrassment.
Yo dawg, I heard you like tar~~r~~iffs...
Edit - Sorry... I'm usually better than that
Tbh Wall Street can fuckin off. They helped create this mess. If this ship is going down, let's make sure none of the assholes find a seat on a life boat.
All of everyone’s retirement accounts are invested in the market. So it’s not just those assholes who get fucked by this.
In the USA, not everywhere, luckily. It's as if the repercussions will hit you guys harder than the ones Trumpet is trying to blow at.
Lucky me, I don't have any retirement investments!
Maybe it will force Americans to do something against that? If no one has any retirement, there's bound to be a lot of public outcry. There's nothing to lose if you have nothing.
Oh you can be sure Congress will be working overtime to pass a bill with relief to those big businesses that cannot fail.
What's interesting to me is that the "shape" of the line still matches the global line pretty well so there are some "fundamental" aspects that still affect markets, but overall we're in a nosedive for "some reason."
Any Americans tired of winning yet?
Here in the US, I transfered most of my 403(b) investments into European, Asian, and "emerging market" funds, so I'm happy to be doing my part.
any guidance or resources for an idiot who would like to explore that?
If you have a 401(k) or 403(b) through your employer, your employer should be partnered with an investment firm to manage it (e.g. T Rowe Price, Prudential, or Transamerica). You need to figure out which company you've got and log in to your account. Ask your HR dept if you can't figure it out.
That firm will automatically choose where to invest your money unless you log in to your account on their website and tell them where you want it invested.
Most investment firms will offer a limited selection of mutual funds with a variety of objectives. They usually link to each prospectus right there on the site, and the prospectus often has a pie chart telling you where a fund's investments are located (US, Europe, Asia, etc). It will also list their performance over time, expense ratios, and other useful info, like whether they invest in large vs small cap businesses and their largest individual holdings.
You want to change both where your current investments are allocated and where your future contributions will be allocated.
You also want to try to find funds with low expense ratios (I try to stay below 0.10% unless it's a fund I really like and am willing to make an exception for). Anything titled "index fund" is likely to be low. Your money is almost guaranteed to be automatically invested in funds with high expense ratios, cutting into your long-term growth, because the investment firm makes big bucks giving your money to people who aren't wise with it.
If you want to get serious, you can even set up a personal choice account where you can totally independently decide where to invest your money, even in individual stocks. This comes with significant risk and is not a great idea for laypeople like you or I.
Okay, here's my conspiracy theory....
Now let's say you're Trump and the supreme Court has said it's just about impossible to convict somebody of corruption in the US. You see that you're going to be elected president and your goal is to figure out how to make a crap ton of money off being present. Now you can do the boring old s make dignitaries stay at your hotel thing or have foreign governments. Give Jared kushner a bunch of money.... But that's all pocket change. If you're president, you can crash the economy. If you know a bunch of Rich Russian oligarchs who can short the market and you can tell them exactly when the market will crash then they can make billions... And you can get your cut too.
This is why Trump doesn't really give a shit why the tariffs are in place. That's why he makes up bullshit answers when asked why the tariffs are implemented. He doesn't care. ... But he really really really wants to yank the market around. First he says tariffs happening, then he says they're not, then they're happening again. Every time the market goes up and down he can make a shit ton of money if he can accurately predict when it goes up or down.
I can't get this idea out of my head. It makes more sense than anything else I can come up with. There's so much money to be made if you have the power to yank around the u.s. economy and enough narcissism to not give a shit about the people hurt in the process.
What I’m wondering when reading such theories is: does money matter all that much to these people? Like when you’re 80+ years old and a billionaire I don’t see what the end game there is, unless it’s just an uncle Scrooge attitude but I still find it a bit hard to believe. I think that in order to become a billionaire you need to be seriously driven by something more than 0s - maybe power, influence or attention.
You've got to step back a little to understand.
The key thing is that it is not possible (excluding inheritance) to become a billionaire without being a scheming psychopathic cut-throat selfish person and having a determined drive to have power over others.
The second key is it's not possible to keep your billions without being a psychopath. This because you could never possibly spend that money in your lifetime and the only way to have accumulated it is through exploitation of labour.
So it's a thing you don't need that you got via abusing others. They want power and they don't care how they get it. They have no plan beyond that. Personally I think it's mental health issues and the fact that we allow this in our flawed system.
How dare Biden tank the economy while trump is president just to make him look bad! Any day now, all these incomprehensible tariff ramblings, threats, and further ostracization of our allies are going to make America so great! /s
Despite all the myths Democrats are better for the economy. They always produce better numbers.
This is going to be a hard one to explain to the MAGA fans
why would Joe Biden do this
The stock market was bloated
Actual trump regime statements
It's ukraine's fault. Should've thanked harder
slams fist on desk
Biden!
You need to extend the graph beyond January. The US has been riding an enormous localized wave that crested shortly after Trump's inauguration. American securities (particularly the MAG7) are enormously overvalued, with revenue that is dwarfed by their stock price.
This is a much-needed market correction, not a regional stock performance split from within the US.
Not even suggesting Trump isn't shit. Its very obvious that he's popped the irrational optimism bubble we've been gliding on since even before COVID hit. But we were in a bubble. DOW 43k, never even mind the absurd NASDAQ run up, is not representative of the functional economic capacity of the nation as a whole. Without unlimited free money from the Fed to keep inflating asset prices, we were going to enter a downturn sooner or later.
The real question is whether the DOGE Team will kick the knees out from under our Treasury/Fed countercyclical spending system on the way back to earth and cause us to land harder than necessary.
Not just the great depression but the greatest depression ever in history, I mean the biggest, noone ever caused a bigger depression
However much pain we're feeling and will be feeling, as a nation not individuals, we deserve oh so much more for our inhuman crimes in the name of capitalist private profit. We destabilized entire nations trying to become societies solely to maintain access to their resources for our capitalist's exploitation.
Every American better hope nation state karma doesn't exist.
I'm still waiting people understand that the way Trump treat Zelensky isn't new in any way, most people are just aware of it now because it happened in Europe.
Damnit, I came here to blame Joe Biden, but it seems like everyone else beat me to it. Oh well, time to go tariff some more countries and then act shocked by the results....
Let’s call it the Trump Effect, shall we?
Is there any chance for a future where the economy that matters, real people's lives, production of useful goods and services, becomes decoupled from imaginary evaluations of billionaire's gambling results? It really rustles my jimmies when I hear that a result of some banksters bet can get working families evicted and jobs dissapear.
Um no? Have you been paying attention, at all?