All things considered, it has only been about 3 months since Trump took office, I feel like there is absolutely no way that this was just a single craze and from here things will even out.

I feel like until 2028 (or maybe 2026?) S&P 500 is going to look like a roller coaster.

What do you think?

  • StrawberryPigtails@lemmy.sdf.orgEnglish
    211·
    2 days ago

    S&P 500 is still up 5% over the last 12 months. Up 95% over the last 5 years. Any action on a shorter timeline than that is emotionally driven and should be largely ignored. Unless you’re day trading of course. You’re not, right?

    That said, ya. We’re probably heading into a rough time.

    We’re looking at negative GDP growth according to folks smarter than I am. 2 quarters of that and it’s probably a recession.

    Additionally it looks like foreign investors are leaving the US Treasury market kicking up yields and foreign governments are getting uneasy about purchasing US made weapons or relying on US security guarantees which, again, reduces GDP both directly and indirectly.

    2028 can’t come fast enough.

    • mosiacmango@lemm.ee
      3·
      4 hours ago

      Using the stock market growth of the last 2 decades of global, neoliberal economic politics to council people to “think long term” about their investments at the start of isolationist, fascist economics policy is maybe not the best idea.

      “Look at the past” only works when the past is still relevant. They are ripping up every norm and institution that made those past gains possible.

    • vvilld@lemmy.dbzer0.com
      10·
      1 day ago

      Optimistic of you to assume any of this will end in 2028. Trump and his fascist goons are already priming the electorate to accept a 3rd term. He’s not going away until he’s dead.

    • doublenut@lemm.ee
      11·
      1 day ago

      If we wait til 2028 we’ve all failed. He has already stated he’s finding a way for a 3rd term and is currently shredding the constitution. If we do not oust the man and his entire heritage foundation crony cuck ball lickers there won’t be any voting for you to do in 2027. Their goal is to take complete control and remain in power forever. It’s clearly stated in project 2025.