Trump is my favourite comedian of the year already (6 Viewers)

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PVA

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Cracking Up Lol GIF
 
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Brighton Sky Blue

Well-Known Member
Trump now the only US president to inherit a bull market and turn it into a bear market. Not only that, he's done it in record time.

Which of the sycophants is still defending this man being elected?
 
Mucca Mad Boys

Mucca Mad Boys

Well-Known Member
Brighton Sky Blue said:
Trump now the only US president to inherit a bull market and turn it into a bear market. Not only that, he's done it in record time.

Which of the sycophants is still defending this man being elected?
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Spoken like a true champion of the free market!

A lot of Trump’s supporters do not have exposure in the S&P 500 so probably don’t care the stock market has tanked.

He’s done exactly what he said he would on the election trail so people knew what they were voting for.
 
P

PVA

Well-Known Member
Mucca Mad Boys said:
Spoken like a true champion of the free market!

A lot of Trump’s supporters do not have exposure in the S&P 500 so probably don’t care the stock market has tanked.

He’s done exactly what he said he would on the election trail so people knew what they were voting for.
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An awful lot of them will have a 401k or other pension pot linked to the stock markets.
 
Mucca Mad Boys

Mucca Mad Boys

Well-Known Member
PVA said:
An awful lot of them will have a 401k or other pension pot linked to the stock markets.
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Which will impact a small % of workers approaching retirement. If that 401k is actively managed, would have decreased its exposure to stocks to a portfolio with more bonds.

The stock markets value has had ridiculous price-to-earnings value for a few years which has lead many people to suggest it’s a bubble.

Either way, if you ride out the bumps, when the stock market is down it’s usually a great time to invest. Personally, I got started shortly after things started to recover from COVID and my portfolio has been doing well.
 
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Brighton Sky Blue

Well-Known Member
Mucca Mad Boys said:
Spoken like a true champion of the free market!

A lot of Trump’s supporters do not have exposure in the S&P 500 so probably don’t care the stock market has tanked.

He’s done exactly what he said he would on the election trail so people knew what they were voting for.
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Thanks for answering my question.
 
Mucca Mad Boys

Mucca Mad Boys

Well-Known Member
Brighton Sky Blue said:
Thanks for answering my question.
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Haha it’s not a nod of support, just an observation. There were plenty of MAGA supporters excited by Trump’s flirtation with abolishing income tax and replacing it with tariffs… they voted for it in every swing state and particularly the rust belt where they feel their jobs have been stolen by workers in foreign countries.

Besides, I’m sure the phrase ‘the stock market is a graph of how rich people’s feelings’ came from left wing economic people? So when did you and others care so much about the price of the S&P 500… it’s disingenuous.

We all know if Bernie Sanders was elected president, you (and others) wouldn't care how the US stock markets reacted to his policies.
 
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SBT

Well-Known Member
Mucca Mad Boys said:
A lot of Trump’s supporters do not have exposure in the S&P 500 so probably don’t care the stock market has tanked.
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This is Baghdad Bob stuff.

Again - if stocks are tanking because investors are predicting a recession, then it matters to everyone regardless of how much exposure they have. As this thread shows, consumers are deeply aware of financial unrest and will behave accordingly.

 
fernandopartridge

fernandopartridge

Well-Known Member
Mucca Mad Boys said:
Haha it’s not a nod of support, just an observation. There were plenty of MAGA supporters excited by Trump’s flirtation with abolishing income tax and replacing it with tariffs… they voted for it in every swing state and particularly the rust belt where they feel their jobs have been stolen by workers in foreign countries.

Besides, I’m sure the phrase ‘the stock market is a graph of how rich people’s feelings’ came from left wing economic people? So when did you and others care so much about the price of the S&P 500… it’s disingenuous.

We all know if Bernie Sanders was elected president, you (and others) wouldn't care how the US stock markets reacted to his policies.
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There are 20 million people aged 60-64 in the USA
 
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SBT

Well-Known Member
Mucca Mad Boys said:
The stock markets value has had ridiculous price-to-earnings value for a few years which has lead many people to suggest it’s a bubble.

Either way, if you ride out the bumps, when the stock market is down it’s usually a great time to invest.
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Honestly, your ability to say this stuff in back-to-back sentences with a straight face is almost impressive.
 
Mucca Mad Boys

Mucca Mad Boys

Well-Known Member
fernandopartridge said:
There are 20 million people aged 60-64 in the USA
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Yes and do you think their portfolios will be particularly exposed to the S&P?

It’s not likely unless their fund managers are idiots because the risk factor (distribution of your portfolio) reduces (i.e. from stocks to bonds) the closer you are to retirement.

SBT said:
This is Baghdad Bob stuff.

Again - if stocks are tanking because investors are predicting a recession, then it matters to everyone regardless of how much exposure they have. As this thread shows, consumers are deeply aware of financial unrest and will behave accordingly.

Click to expand...


Whilst all this is true, it doesn’t impact ordinary Americans because most of them will not investments in the stock market. If there is a deep recession, of course it will impact people but that wasn’t the point I was making.

SBT said:
Honestly, your ability to say this stuff in back-to-back sentences with a straight face is almost impressive.
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Why do you think that?

Frankly, you don’t know you’re in a bubble until it’s burst and the historically high price to earnings ratio could mean one of many things; either we’re in a bubble or perhaps the new tech (though unrealised) is genuinely taking the step up.

After every market shock, the S&P 500 has always made a comeback so as an investor myself, it’s not a terrible time (imo) to invest and if I lose money… I’ve got myself to blame.
 
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Brighton Sky Blue

Well-Known Member
Mucca Mad Boys said:
Haha it’s not a nod of support, just an observation. There were plenty of MAGA supporters excited by Trump’s flirtation with abolishing income tax and replacing it with tariffs… they voted for it in every swing state and particularly the rust belt where they feel their jobs have been stolen by workers in foreign countries.

Besides, I’m sure the phrase ‘the stock market is a graph of how rich people’s feelings’ came from left wing economic people? So when did you and others care so much about the price of the S&P 500… it’s disingenuous.

We all know if Bernie Sanders was elected president, you (and others) wouldn't care how the US stock markets reacted to his policies.
Click to expand...
MAGA Mad Boys?
 
S

SBT

Well-Known Member
Mucca Mad Boys said:
Whilst all this is true, it doesn’t impact ordinary Americans because most of them will not investments in the stock market. If there is a deep recession, of course it will impact people but that wasn’t the point I was making.
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Where is the evidence that it doesn’t impact ordinary Americans? The impacts of a volatile market sell-off are about more than just the value of stock portfolios - political fallout, consumer confidence, or financial contagion could all be factors.
 
fernandopartridge

fernandopartridge

Well-Known Member
Mucca Mad Boys said:
Yes and do you think their portfolios will be particularly exposed to the S&P?

It’s not likely unless their fund managers are idiots because the risk factor (distribution of your portfolio) reduces (i.e. from stocks to bonds) the closer you are to retirement.



Whilst all this is true, it doesn’t impact ordinary Americans because most of them will not investments in the stock market. If there is a deep recession, of course it will impact people but that wasn’t the point I was making.



Why do you think that?

Frankly, you don’t know you’re in a bubble until it’s burst and the historically high price to earnings ratio could mean one of many things; either we’re in a bubble or perhaps the new tech (though unrealised) is genuinely taking the step up.

After every market shock, the S&P 500 has always made a comeback so as an investor myself, it’s not a terrible time (imo) to invest and if I lose money… I’ve got myself to blame.
Click to expand...

There are stories in the US media about the reality of people losing a big chunk of retirement income, not the theoretical premise that they should spread the investment better nearer retirement.
 
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Brighton Sky Blue

Well-Known Member
SBT said:
Where is the evidence that it doesn’t impact ordinary Americans? The impacts of a volatile market sell-off are about more than just the value of stock portfolios - political fallout, consumer confidence, or financial contagion could all be factors.
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I’m also a bit confused. We are meant to ignore what Trump says because he’s probably just posturing, but we’re also meant to not be surprised because he said it on the campaign trail?
 
Grendel

Grendel

Well-Known Member
Sky_Blue_Dreamer

Sky_Blue_Dreamer

Well-Known Member
How hard must it be for companies everywhere, but the US in particular, to keep track of all this and apply the right rates.

Also must be a nightmare for US treasury etc. in trying to keep tabs on all this to make sure it's being done correctly (and they've probably had their staffing decimated by DOG(shit)E).

All this proves is that there are people in power who don't have a fucking clue.
 
Grendel

Grendel

Well-Known Member
chiefdave said:
what happened to there's no way I'm backing down when we're making $2bn a day, that was only a few hours ago :ROFLMAO:

often said that the one thing the markets don't like is instability. how the fuck is anyone supposed to know what is happening from one hour to the next
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Trump is obsessed with China - it’s the reason he’s also trying to get Russia on side to isolate them
 
Captain Dart

Captain Dart

Well-Known Member
lightshot_1744222743.jpeg
Stocks bottomed out and the buy up started.

Meanwhile... 125% tariff on China.
 
SBAndy

SBAndy

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