A lot of people on this sub want to scream doom and gloom and I suspect it all comes down to either inexperience in the markets or frustration at purchasing at the all time highs.
Anybody with any long term experience in this market knows to stay the course and to continue buying your favourite businesses at a discounted price. A lot of people here clearly don’t remember Trump’s first term when there were trade tensions with China and what happened there too.
What’s even more interesting is that there were more posts screaming doom and gloom than there were actual posts about some of the fantastic earnings that companies managed to report last week. Which obviously indicates that a lot of people here are focusing on speculating market prices rather than actual business fundamentals. In b4 someone comments that the tariffs will affect earnings in future quarters - nobody has the faintest clue or whether or not that will actually play out because it will also be dependent on each individual companies’ ability to pivot + dependent on whether or not these proposed tariffs play out to their fullest magnitude.
Which exacerbates the issue that the market has become more of a casino, and that many people on this sub are poker players.