Question for the adult in the room. Serious question because I just don’t know the answer. Everything I’ve heard and read about the tariffs and government firings etc. have said that it will cause a recession.
Why do you think differently?
If this will cause a recession, why is Trump doing this?
Question for the adult in the room. Serious question because I just don’t know the answer. Everything I’ve heard and read about the tariffs and government firings etc. have said that it will cause a recession.
Why do you think differently?
If this will cause a recession, why is Trump doing this?
Trump doesn't think it will cause a recession he thinks he has the leverage and companies will either move production to the US or their competitors will be incentivized to do so so they can get an edge selling at lower prices than the companies paying tariffs.
I have no idea if it will cause a recession or not.
The idea looks good on paper.... but then so does communism.
Who knows how it will shake out in reality.
I didn't vote for Trump for tariffs.
This post was edited 4 minutes after it was posted.
Oh its that easy? I just buy low and sell high. All this time!
Hilariously, you showed your stupidity re "index fund". When talking about the market drops we are talking about major indices. How do you buy the dip in the way you suggested? Well, you'd buy an index fund. The alternative is to buy a market cap weighted amount of EVERY GD STOCK IN THE MARKET yourself.
Oh its that easy? I just buy low and sell high. All this time!
Hilariously, you showed your stupidity re "index fund". When talking about the market drops we are talking about major indices. How do you buy the dip in the way you suggested? Well, you'd buy an index fund. The alternative is to buy a market cap weighted amount of EVERY GD STOCK IN THE MARKET yourself.
Yeesh
You're referring to a... total market INDEX fund.
It's almost impossible to time the highs and lows which is why intelligent people don't even try to do it.
You invest long term and ignore the short term fluctuations.
It is horrifying that you think you're a "market person".
So let me get this straight, you don't use index funds? Who do you keep your 401k/equivalent with that you do individual stock picking?
Or to rephrase: you clearly don't know sht
Of course I use index funds. I invest long term not short term because I'm not an idiot.
You're the one freaking about 2 day returns. If you're in index funds why do you care what the market does any given week?
The only time I ever tried to time the market was right before COVID. I got out in February of 2020 right before the market tanked. Then I bought back in near the bottom and made out like a bandit.
Trump doesn't think it will cause a recession he thinks he has the leverage and companies will either move production to the US or their competitors will be incentivized to do so so they can get an edge selling at lower prices than the companies paying tariffs.
I have no idea if it will cause a recession or not.
The idea looks good on paper.... but then so does communism.
Who knows how it will shake out in reality.
I didn't vote for Trump for tariffs.
For starters, some of our global trade partners will just loop out the newly erratic and unreliable United States and start negotating separate trade deals ... with Canada.
This is all absolutely unnecessary, and it all falls on one orange man with a delusional fixation on using tariffs as a hammer. America is walking off the global stage. Profit requires stability. Who is going to trust the United States when crap like this could happen at random?
Trump doesn't think it will cause a recession he thinks he has the leverage and companies will either move production to the US or their competitors will be incentivized to do so so they can get an edge selling at lower prices than the companies paying tariffs.
I have no idea if it will cause a recession or not.
The idea looks good on paper.... but then so does communism.
This policy is, by definition, guaranteed to raise prices and increase inflation. Maybe the pain will be compensated by bringing more jobs to the US, but the US was running close to full employment, so I don't see how this could work out into something that may benefit the US. Unless the idea is to fire federal workers to increase the unemployment rate, so that there will be people to work in the companies that will move the production to the US.
Oh its that easy? I just buy low and sell high. All this time!
Hilariously, you showed your stupidity re "index fund". When talking about the market drops we are talking about major indices. How do you buy the dip in the way you suggested? Well, you'd buy an index fund. The alternative is to buy a market cap weighted amount of EVERY GD STOCK IN THE MARKET yourself.
Yeesh
You're referring to a... total market INDEX fund.
It's almost impossible to time the highs and lows which is why intelligent people don't even try to do it.
You invest long term and ignore the short term fluctuations.
It is horrifying that you think you're a "market person".
There was a fairly well known research study (well, probably not well known here) in the 90s that determined/concluded that the performance of one's portfolio was 96% based on being well-diversified and 4% based on stock picking and market timing. So, basically you are unable to time the market and unable to pick the good stocks. All about being well-diversified.
Oh its that easy? I just buy low and sell high. All this time!
Hilariously, you showed your stupidity re "index fund". When talking about the market drops we are talking about major indices. How do you buy the dip in the way you suggested? Well, you'd buy an index fund. The alternative is to buy a market cap weighted amount of EVERY GD STOCK IN THE MARKET yourself.
Yeesh
You're referring to a... total market INDEX fund.
It's almost impossible to time the highs and lows which is why intelligent people don't even try to do it.
You invest long term and ignore the short term fluctuations.
It is horrifying that you think you're a "market person".
Pretty sure you don't know what an index fund is. For example, an S&P 500 fund has ... well 500 holdings. There's all sorts of index funds that have different segments (and different numbers of holdings)
”I didn’t vote for the face-eating leopard for the face-eating.”
You’re going to get what you get with Trump. I didn’t want what you get, so no matter how many things you think you see about him that are favorable, on balance he never appeared to be the better option.
So if somebody criticizes something about Trump, you get to carve out a space for how you assess a candidate by considering multiple factors, favoring some of his policies, not favoring others, and making a judgment about the whole picture. But when you respond to those who disagree with you, your remarks generally make no room for the possibility that they themselves do something similar, and you act as though they’re all merely fools who hope desperately for the worst that Democrats have to offer.
It's almost impossible to time the highs and lows which is why intelligent people don't even try to do it.
You invest long term and ignore the short term fluctuations.
It is horrifying that you think you're a "market person".
Pretty sure you don't know what an index fund is. For example, an S&P 500 fund has ... well 500 holdings. There's all sorts of index funds that have different segments (and different numbers of holdings)
Index funds beat on average actively managed funds about 80% of the time.
Trump doesn't think it will cause a recession he thinks he has the leverage and companies will either move production to the US or their competitors will be incentivized to do so so they can get an edge selling at lower prices than the companies paying tariffs.
I have no idea if it will cause a recession or not.
The idea looks good on paper.... but then so does communism.
Who knows how it will shake out in reality.
I didn't vote for Trump for tariffs.
For starters, some of our global trade partners will just loop out the newly erratic and unreliable United States and start negotating separate trade deals ... with Canada.
This is all absolutely unnecessary, and it all falls on one orange man with a delusional fixation on using tariffs as a hammer. America is walking off the global stage. Profit requires stability. Who is going to trust the United States when crap like this could happen at random?
Fair trade is a real bummer when you live in a leech country.