Posts
Top Ten Nasdaq Point Drops in Chronological Order and Trading Days to Recover
Top Ten Nasdaq Point Drops in Chronological Order and Trading Days to Recover * Three big Covid drops on March 9, 12 and 16, 2020. But they took only 18, 19 and 15 respective trading days to recover * May 5, 2022 inflation fear drop took 68 trading days to …
Here are per country reasons (per news media) for Trump tariffs. Or is that a smoke screen and something else is cooking behind the scenes ?
|Country|Reason for Tariffs|Desired Outcome| |:-|:-|:-| |China|Addressing trade imbalances and unfair trade practices, including intellectual property theft.|Encourage China to adopt fair trade practices and reduce the U.S.-China trade deficit.| |European Union (EU)|Countering unfair trade practices and high tariffs imposed on U.S. goods.|Achieve more balanced trade relations and reduce trade barriers for …
Guys don't worry my gf has wise words for what happened today
Told her about the insane losses today. She looked at my graphs. And said: "Just let it pass." Thanks gf. Thanks. When I asked why she said: "Thats what Warren Buffet said." I honestly don't know how she knows that. She still doesn't know what a stock is.
Trump Open to Tariff Cuts in Return for ‘Phenomenal’ Offers
On April 3, 2025, President Donald Trump indicated a willingness to reduce tariffs if other nations offer “something phenomenal” in return, suggesting openness to negotiations despite recent tariff implementations. Speaking aboard Air Force One, he defended the tariff strategy, asserting that the economic turbulence would settle and expressing satisfaction with …
Own Stocks... Need Hope?
Write your Congressman. No seriously. The office of the president doesn't actually have the power to enact tariffs. That power rests with Congress. Except, the president can declare a national emergency and then enact his own tariffs. Congress could literally end the shit show tomorrow by just voting to change …
The most important thing in a recession is to have a stable job
Agreed? I feel that as a young person if you study history, when you look at the boomers that are rich now, most of them are people that were fortunate enough to still hold on to a job during the past financial crises or recessions. The boomers that lost their …
JP Morgan raises global recession risk to 60% as Trump’s tariffs hit U.S. growth
JPM analysts say Trump’s combined tariff hikes amount to a 22% increase—comparable to the largest U.S. tax rise since 1968. As a result, the bank has raised its estimated risk of a global recession to 60%, up from 40%. https://www.forexlive.com/news/jp-morgan-raises-global-recession-risk-to-60-as-trumps-tariffs-hit-us-growth-20250403/
Could we be heading for a global depression rather than ‘just’ a global recession?
I know nothing about economics at all, I am just curious. I know the loose criteria for it to be labelled a depression, but I’m just wondering what you all think the chances are of it getting that bad. I’m only wondering because previous recessions of the last 20 years …
Invested for the first time a month ago and freaking out now
I had 20k in savings and my friend convinced me to start investing at least in S&P 500, as the safest option. I invested 10k and in a month I lost almost 1k. I know for many it’s nothing, but for me, for the first investment, that’s a lot. Regretting …
What if tariffs is just a tactic to give air cover for QE?
Ok tin foil hat time. These things are basically indisputable facts at this point: * the US is in massive debt and running a big deficit. * DOGE cutting isn't going to make a dent * To make a dent on spending, we'll need to touch social security and medicare, …