Baby boomers feel like they’re entitled to 20% a year every year. Easily the worst generation ever.
Bad take on your part. He wasn't complaining about not getting 20% a year increases. He's complaining about the value of his retirement account getting slashed by a man with a poor understanding of global economics who is grifting off the US taxpayers.
This might be the most ignorant comment posted today.
With the downturn in the stock market due to Trump tariffs we should expect a decrease in tax revenue. Tariff revenue will not make up for the decrease.
Trump ran the stock market into a wall and we should expect more deficit spending because of it.
With crude oil dropping I just can't wait for the orange idiot to come out tomorrow and talk about how much American's will save in gas.
People have lost several years salary in the last 2 trading sessions, but we should be happy gas prices will drop .30 in a few weeks.
No. But I didn't expect it to go down 20% every year. It's already down 16% since Trump took office.
Guarantee that once the market realizes some trade deals are being worked out, it will rip higher. Buy the dip while you can.
You're talking dead cat bounce, and I wouldn't be surprised to see one. It's what we might expect when people have been overenthusiastic in selling. And of course if we're thinking long-enough term, we can expect the markets to recover eventually.
But I think "eventually" will be a long way away. Enormous damage to the American/world economy, not just to the markets, has already been done. And, as others have pointed out, there are reasons to think it's going to get considerably worse, and stay worse, through 2028 and well into the next presidency.
Guarantee that once the market realizes some trade deals are being worked out, it will rip higher. Buy the dip while you can.
You're talking dead cat bounce, and I wouldn't be surprised to see one. It's what we might expect when people have been overenthusiastic in selling. And of course if we're thinking long-enough term, we can expect the markets to recover eventually.
But I think "eventually" will be a long way away. Enormous damage to the American/world economy, not just to the markets, has already been done. And, as others have pointed out, there are reasons to think it's going to get considerably worse, and stay worse, through 2028 and well into the next presidency.
It doesn’t look good even after the tariff debacle. I’m really worried about Trump running for a 3rd term. There is no good scenario. If he wins it’s terrible, if he loses it’s horrific. He will claim it was stolen and all hell will break loose.
The word you're looking for is unrealized loss. It is only a loss if you sell. Hold for the long- term and wait for the storm to pass.
Yea as much of a dbag Trump is, the market is volatile when things are uncertain. And even when it goes way down all that means is a bunch of Richie rich terds will see buying opportunities and drive the prices back up. Prediction is that either trump will change mind, or countries will negotiate for stability and the market will crawl back up……of course this up and down will last for as long as trump is in office
You stupid liberals don't even realize that recessions are good and important. Money is the root of all evil. You should be kissing Trump's feet for taking it away from you and relieving you of the sin of greed. He truly is the new messiah.