they jumped for about 5 min over some tech sectors that adjusted positive, but over all they are still down for the day let alone the last week.
And the world didn’t end, like Lemmy thought (hoped?!) it would.
That has nothing to do with what I said. This article is just outright false. And I never once said that the world is ending, or anything more then the markets are down. The adjustment was do to major layoffs, so this will effect job numbers later in the month, it wasn’t due to them finding out a way to deal with tariffs.
The article said the market was rising and you yourself said there was a bump. Article was accurate.
And the world didn’t end, like Lemmy thought (hoped?!) it would.
“Look at it twitch, that means it’s still alive” isn’t near the victory we were told this would be. It’s been an unmitigated disaster, by design.
Bruh, it’s been 2 days. lol
So you don’t think the market is gonna turn around and come back even stronger?
The article said it reversed all the losses of the last week, it never did. And again you seem to be pushing this doomer outlook into this conversation, which is super odd. And if you dont like that false thing in the title alone, the second part is also not backed up by his own statements in just the last hour that he will do nothing to ease the tariffs.
If you must push your propaganda into this, the stock market is well past due for a massive correction and has been as both the last bubbles were never allowed to really reset to proper levels. But doing it this way will only gain the USA lower ratings which will take years to be adjusted. And it will make their trade partners less likely to give accounts that are not paid in advance, no credit when the seas are a rocking.
the stock market is well past due for a massive correction and has been as both the last bubbles were never allowed to really reset to proper levels.
Agreed. I haven’t panicked at all. Lemmy has though! I was talking about the majority of Lemmy, not you specifically.
Lemmy’s part of the fediverse, to try and treat it like 1 thing with 1 set of wants is a grave misunderstanding of what’s going on here.
Meh, fair point. But come one now, you know that Lemmy is like a school of fish. Massive amounts of posters turn one way with the others. And yeah, there are the outliers that go against it, but you still see and feel the big wave of the majority.
I think as we grow and others come on, it will even out thought. Because the group-think here has been getting toxic lately.
