It’s been one day. There hasn’t been time for those things to have happened yet.
But every economist in the world seems to agree, we are entering uncharted territory here, and no amount of copium is going to change the fact that these tariffs are a very very very bad idea.
Yes, in a certain number of years the market will rebound (likely with a democrat in office, as history shows) and people who can weather the storm and still invest will come out ahead. The problem is, that will be a decreasing number of people. This is a money grab from the ultra-wealthy, taking from the middle class.
Turn off Fox News, a recession/depression is a bad thing.
Yes, in a certain number of years the market will rebound (likely with a democrat in office, as history shows
So I wanna get this straight, because I’m saving this post: So do you think the market will stay down until a democrat is voted president? You don’t think it’s going to rebound within the next month, next year or four years?
If I could time the market, I wouldn’t be here discussing it with you, I’d be on a boat somewhere. If the market does rebound in the next short time period, it’ll be because these tariffs are rescinded, and we get back to sensible economic policy. In which case, it would look like market manipulation to me.
But yes, if we continue on this reckless isolationist path, I would expect the market to be down until some equally large changes are made in the other direction. And yes, that would likely be years.
I’m also not making the statement that it’ll be a Democrat in office when these damages are undone. History makes that statement for me.
If I could time the market, I wouldn’t be here discussing it with you, I’d be on a boat somewhere.
But ya legit just said: “Yes, in a certain number of years the market will rebound (likely with a democrat in office, as history shows)”
I don’t think things will be bad at all. Many economists have said this is pain in the short term, but in the long term, things will be stronger than before.
I’m going to buy as much stock as I can tomorrow when the market opens. Most wealthy people I know will be doing the same.
Based upon information current and trajectory, I do expect it to get much worse, and for it to be several years to recover. And I’d base “recovery” on more than just the S&P; unemployment, inflation, wealth disparity, and other markers of a healthy economy.
But I also foresee this incredibly unstable administration from possibly making moves to swing the markets in the other direction. If it does “recover” quickly, it’s because they just picked out collective pockets. Insider trading on a global scale.
Remember, these are moves made by someone who bankrupted his own casinos. Sometimes, if it walks like a duck…
At what point, measured by whatever metric you wish, would you agree?
Before you ask, I’ll answer the inverse. I’d consider myself wrong when (if) markets, inflation, and unemployment return to what they were on Jan 19 of this year.
You’re really gut about one thing, we will find out.
It’s been one day. There hasn’t been time for those things to have happened yet.
But every economist in the world seems to agree, we are entering uncharted territory here, and no amount of copium is going to change the fact that these tariffs are a very very very bad idea.
Yes, in a certain number of years the market will rebound (likely with a democrat in office, as history shows) and people who can weather the storm and still invest will come out ahead. The problem is, that will be a decreasing number of people. This is a money grab from the ultra-wealthy, taking from the middle class.
Turn off Fox News, a recession/depression is a bad thing.
So I wanna get this straight, because I’m saving this post: So do you think the market will stay down until a democrat is voted president? You don’t think it’s going to rebound within the next month, next year or four years?
If I could time the market, I wouldn’t be here discussing it with you, I’d be on a boat somewhere. If the market does rebound in the next short time period, it’ll be because these tariffs are rescinded, and we get back to sensible economic policy. In which case, it would look like market manipulation to me.
But yes, if we continue on this reckless isolationist path, I would expect the market to be down until some equally large changes are made in the other direction. And yes, that would likely be years.
I’m also not making the statement that it’ll be a Democrat in office when these damages are undone. History makes that statement for me.
But ya legit just said: “Yes, in a certain number of years the market will rebound (likely with a democrat in office, as history shows)”
I don’t think things will be bad at all. Many economists have said this is pain in the short term, but in the long term, things will be stronger than before.
I’m going to buy as much stock as I can tomorrow when the market opens. Most wealthy people I know will be doing the same.
Based upon information current and trajectory, I do expect it to get much worse, and for it to be several years to recover. And I’d base “recovery” on more than just the S&P; unemployment, inflation, wealth disparity, and other markers of a healthy economy.
But I also foresee this incredibly unstable administration from possibly making moves to swing the markets in the other direction. If it does “recover” quickly, it’s because they just picked out collective pockets. Insider trading on a global scale.
Remember, these are moves made by someone who bankrupted his own casinos. Sometimes, if it walks like a duck…
And I don’t agree with this. So I guess we’ll find out. I actually think it’s going to be a quick turnaround.
At what point, measured by whatever metric you wish, would you agree?
Before you ask, I’ll answer the inverse. I’d consider myself wrong when (if) markets, inflation, and unemployment return to what they were on Jan 19 of this year.
You’re really gut about one thing, we will find out.
Ok, star this conversation and we can revisit it in a few weeks and months. Deal?
👍