Down goes the Dow

agip wrote:

It's still happening.

2025 Total Returns...
European Stocks $VGK: +15.6%
International Stocks $ACWX: +9.1%
US Value Stocks $IWD: +2.5%
US Bonds $AGG: +2.2%
S&P 500 $SPY: -1.7%
US Dollar Index $UUP: -3.5%
US Growth Stocks $IWF: -5.7%

agip wrote:

The destruction of the Musk empire will be told for generations by chroniclers of business history...what a story. He was on top of the world in electric cars, satellite internet, rocketry, etc. Unheard of success.

But he got bored and went into politics. Now Tesla stock has gone nowhere for 4+ years after dropping 50%, his pet project truck is a disaster, Starlink is losing many billions of dollars of contracts, his cars are anathema to his main customer base, he can't get his latest spaceship to work right, his social media financial money hole was offline much of today, and he is known globally as a possibly a Nazi.

One for the books.

la gente esta muy loca Visca el Barca wrote:

agip wrote:

The destruction of the Musk empire will be told for generations by chroniclers of business history...what a story. He was on top of the world in electric cars, satellite internet, rocketry, etc. Unheard of success.

But he got bored and went into politics. Now Tesla stock has gone nowhere for 4+ years after dropping 50%, his pet project truck is a disaster, Starlink is losing many billions of dollars of contracts, his cars are anathema to his main customer base, he can't get his latest spaceship to work right, his social media financial money hole was offline much of today, and he is known globally as a possibly a Nazi.

One for the books.

"Quem deus vult perdere, dementat prius"

agip wrote:

The destruction of the Musk empire will be told for generations by chroniclers of business history...what a story. He was on top of the world in electric cars, satellite internet, rocketry, etc. Unheard of success.

But he got bored and went into politics. Now Tesla stock has gone nowhere for 4+ years after dropping 50%, his pet project truck is a disaster, Starlink is losing many billions of dollars of contracts, his cars are anathema to his main customer base, he can't get his latest spaceship to work right, his social media financial money hole was offline much of today, and he is known globally as a possibly a Nazi.

One for the books.

comfortably retired from abroad wrote:

agip wrote:

The destruction of the Musk empire will be told for generations by chroniclers of business history...what a story. He was on top of the world in electric cars, satellite internet, rocketry, etc. Unheard of success.

But he got bored and went into politics. Now Tesla stock has gone nowhere for 4+ years after dropping 50%, his pet project truck is a disaster, Starlink is losing many billions of dollars of contracts, his cars are anathema to his main customer base, he can't get his latest spaceship to work right, his social media financial money hole was offline much of today, and he is known globally as a possibly a Nazi.

One for the books.

It ain’t over til it’s over…

Dr Prof Racket, PhD wrote:

Ghost of Igloi wrote:

Exactly the opposite. I argued against the Republican tax cuts in 2018, and argue now against their continuance. The nonsense of spending wildly was endorsed by both parties. The fact that a demented Biden allowed unelected bureaucrats to take it a step further to insure their power is a reason for my vote.

None of this is because of spending by the US Treasury (which is still debated as to whether or not that even matters when your currency is the de facto trade currency of the global hegemonic power).

It's because a literal retard is in the Oval Office.

agip wrote:

The destruction of the Musk empire will be told for generations by chroniclers of business history...what a story. He was on top of the world in electric cars, satellite internet, rocketry, etc. Unheard of success.

But he got bored and went into politics. Now Tesla stock has gone nowhere for 4+ years after dropping 50%, his pet project truck is a disaster, Starlink is losing many billions of dollars of contracts, his cars are anathema to his main customer base, he can't get his latest spaceship to work right, his social media financial money hole was offline much of today, and he is known globally as a possibly a Nazi.

One for the books.

Dr Prof Racket, PhD wrote:

Ghost of Igloi wrote:

Exactly the opposite. I argued against the Republican tax cuts in 2018, and argue now against their continuance. The nonsense of spending wildly was endorsed by both parties. The fact that a demented Biden allowed unelected bureaucrats to take it a step further to insure their power is a reason for my vote.

None of this is because of spending by the US Treasury (which is still debated as to whether or not that even matters when your currency is the de facto trade currency of the global hegemonic power).

It's because a literal retard is in the Oval Office.

Adult wrote:

Dr Prof Racket, PhD wrote:

None of this is because of spending by the US Treasury (which is still debated as to whether or not that even matters when your currency is the de facto trade currency of the global hegemonic power).

It's because a literal retard is in the Oval Office.

This thread is full of idiots. The level of commentary is embarrassing.

Ghost of Igloi wrote:

Adult wrote:

This thread is full of idiots. The level of commentary is embarrassing.

All weekend and all day long, as if it is not coordinated. Like the Democrats repeating the same talking points echoed by CNN and MSNBC. Clearly baloney normal people see through.

Tweet:x.com/basedmikelee/status/189924364379...

Adult wrote:

And lol the guy who gets political, then admonishes someone else for an equally political response.

Some people really just can’t hear themselves

genztrader wrote:

Are you total newbs to the post 2009 stock market? You buy the dip, make money, rinse and repeat.
It's literally worked every single time for the last 16 years. Some never learn

genztrader wrote:

Are you total newbs to the post 2009 stock market? You buy the dip, make money, rinse and repeat.
It's literally worked every single time for the last 16 years. Some never learn