Intelligent people throw themselves out of the nearest window at the first sign of market volatility.
If the day to day stock price worries you aren't wealthy enough to be trading stocks.
I have my retirement in stocks like just about everyone else.
When Biden was president I took money out and the market was doing so well that the total barely went down.
I'm afraid to look at it now.
considering how much the market had gone up and your views on Trump if you left it all in stocks well that is on you. In 2024 I kept seeing forward earnings estimates for the S&P 500 going down and the market kept going up and I just shook my head. Year end trailing P:E was extremely high (perhaps unprecedented?) for a year without an economic downturn such as 2020, 2008
remember when the SP dropped 1100 points in the first half of 2022?
stock market gains never have and never will go in a constant upward direction.
and it took the stock market TWO full years before it returned to the level it was at beginning of 2022
SP 500
Dec 31 2022: 4766
January 12 2024: 4783
Today: 5526
the difference then is that in 2022 the government was taking steps to make the economy better and fix the situation.
Now the government is actively saying that a recession is good, needs to happen, and the gummint understands its actions are causing it and will continue to make it happen.
For that reason, year to date european stocks are up 12% and US stocks are down 5%. A massive swing for just 3m.
A 17 percentage point swing because the US is in favor of a recession and Europe is not.
All because of trump's policies, and he says we'll keep doing it.
LOL. the stock market went up from that time because of INFLATION. not because of anything that was done to make the economy better.
Trump's policies are trying to make us stronger in the long term. Something people obviously can't stomach. That's why things never truly get better.
Specifically Northern White Cedar. We are day to day on what is going to happen. Edited to add it is fencing products. There are US mills that specialize in other cedar products.
Northern White Cedar is widespread in northern New England. I don’t know if there are mills, though.
the difference then is that in 2022 the government was taking steps to make the economy better and fix the situation.
Now the government is actively saying that a recession is good, needs to happen, and the gummint understands its actions are causing it and will continue to make it happen.
For that reason, year to date european stocks are up 12% and US stocks are down 5%. A massive swing for just 3m.
A 17 percentage point swing because the US is in favor of a recession and Europe is not.
All because of trump's policies, and he says we'll keep doing it.
LOL. the stock market went up from that time because of INFLATION. not because of anything that was done to make the economy better.
Trump's policies are trying to make us stronger in the long term. Something people obviously can't stomach. That's why things never truly get better.
hah
corporate earnings soon went through the roof, real incomes rose, inflation peaked and would fall steadily..that's the good stuff.
that was making the economy truly better and the stock market responded, up 26% in 2023.
Only hardcore m'agas think that Republican protectionism will make our economy stronger in the long run. Protectionism always works for a few years and then domestic companies realize they don't have to compete hard anymore and they get lazy and wasteful. Meanwhile consumers take an effective pay cut by having to spend more for just about everything.
All the poorest countries have high tariffs. That will be us now. Trump is taking the economic policy of the poorest nations and thinking it will make us richer. Makes little sense. Capital will flee the United States.
Trump has no idea what he is doing. Just because he says he is making the nation stronger doesn't mean his actions make any sense or will work.
And to say things never get better is absurd given the rise in just about every metric of economic life over the past few generations.
This post was edited 2 minutes after it was posted.
the difference then is that in 2022 the government was taking steps to make the economy better and fix the situation.
Now the government is actively saying that a recession is good, needs to happen, and the gummint understands its actions are causing it and will continue to make it happen.
For that reason, year to date european stocks are up 12% and US stocks are down 5%. A massive swing for just 3m.
A 17 percentage point swing because the US is in favor of a recession and Europe is not.
All because of trump's policies, and he says we'll keep doing it.
LOL. the stock market went up from that time because of INFLATION. not because of anything that was done to make the economy better.
Trump's policies are trying to make us stronger in the long term. Something people obviously can't stomach. That's why things never truly get better.
And now inflation is rising and the stock market is falling. The worst of both worlds.
Specifically Northern White Cedar. We are day to day on what is going to happen. Edited to add it is fencing products. There are US mills that specialize in other cedar products.
Thanks. The reason why I asked is back in the day I was a mill salesman for two companies. One of them manufactured structural glulam and we used Alaska Yellow Cedar a lot. I thought (hoped) you would say you were a guitar maker. ;-) My favorite wood species is Port Orford Cedar.
Did this moron go apesh!t when the market had a 25% drop in 2022? Just losers looking for something to b!tch about.
the difference is that the market is falling ONLY because of trump, and for no other reason. and white house trumpers are going on tv and saying yes we'll probably have a recession because of our policies and we're doing it on purpose.
this is new to macro. A white house deliberately sabotaging the economy. Makes having faith in the future much harder when the government is fine with recession and acknowledges it's their fault and even their plan.
This post was edited 29 seconds after it was posted.
Did this moron go apesh!t when the market had a 25% drop in 2022? Just losers looking for something to b!tch about.
the difference is that the market is falling ONLY because of trump, and for no other reason. and white house trumpers are going on tv and saying yes we'll probably have a recession because of our policies and we're doing it on purpose.
this is new to macro. A white house deliberately sabotaging the economy. Makes having faith in the future much harder when the government is fine with recession and acknowledges it's their fault and even their plan.
no other reason? The fools trying to destroy Tesla? Apples AI delays? Competition for Nvidia? Persistent inflation? etc. The tariffs inject uncertainty but there are other issues affecting what was a very expensive market at YE 2024.
Did this moron go apesh!t when the market had a 25% drop in 2022? Just losers looking for something to b!tch about.
the difference is that the market is falling ONLY because of trump, and for no other reason. and white house trumpers are going on tv and saying yes we'll probably have a recession because of our policies and we're doing it on purpose.
this is new to macro. A white house deliberately sabotaging the economy. Makes having faith in the future much harder when the government is fine with recession and acknowledges it's their fault and even their plan.
What would the market be doing had Kamala won? You have no idea. Like I said it’s just losers looking for something to b!tch about.
Did this moron go apesh!t when the market had a 25% drop in 2022? Just losers looking for something to b!tch about.
Most times it's unfair to directly blame a president for market conditions that are largely out of his control.
This is not "most times" and you bloody well know it.
Even with the pullback, Nvidia’s market cap is 2.5 Trillion, the same as the entire GDP of England. Did you believe that trajectory was sustainable and that there would never be a pullback?
Like I said, losers looking for something to b!tch about.
the difference is that the market is falling ONLY because of trump, and for no other reason. and white house trumpers are going on tv and saying yes we'll probably have a recession because of our policies and we're doing it on purpose.
this is new to macro. A white house deliberately sabotaging the economy. Makes having faith in the future much harder when the government is fine with recession and acknowledges it's their fault and even their plan.
no other reason? The fools trying to destroy Tesla? Apples AI delays? Competition for Nvidia? Persistent inflation? etc. The tariffs inject uncertainty but there are other issues affecting what was a very expensive market at YE 2024.
european stocks are up, asian stocks are up, etc.
just the US is down, for the most part, etc.
it's the tariffs, man. It's the tariffs. And the chaos. And the incompetence. All coming from Trump.
Everyone except trump knows that tariffs are a complete disaster but in a kingdom we just wait for the king to finish his golf game, get his spectacularly fancy hair done, his thick makeup on just right, suitable for a monarch, and then declare what our lives will be like. One man. Not congress. No one but m'aga wants life like this.
This post was edited 13 minutes after it was posted.
Specifically Northern White Cedar. We are day to day on what is going to happen. Edited to add it is fencing products. There are US mills that specialize in other cedar products.
Thanks. The reason why I asked is back in the day I was a mill salesman for two companies. One of them manufactured structural glulam and we used Alaska Yellow Cedar a lot. I thought (hoped) you would say you were a guitar maker. ;-) My favorite wood species is Port Orford Cedar.
I would love to be a guitar maker but I think I wouldn't make a good one! Interesting about Alaskan Yellow. I have used that a couple of times for very rich clients.
