• @TommySoda@lemmy.world
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      23810 days ago

      They are literally pumping and dumping the stock market as a whole. It’s market manipulation by tariff as they make bank on peoples fear.

      • @witchybitchy@lemm.ee
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        10 days ago

        announce tariffs > market uncertainty > sell off stocks > value goes down > buy the dip > pause tariffs > markets recover > laugh all the way to the bank

        or something like that

        • @peregrin5@lemm.ee
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          510 days ago

          That’s what I did. I rebalanced my stock allocation from 50% to 80% and put a few thousand more in the market.

          • @Wanpieserino@lemm.ee
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            10 days ago

            General known info would be that lump sum beats DCA 2 out of 3 times. Well, we’re after a crash. So I just am pumping everything into it.

            Into European stock tho, not touching crazy.

            But for anyone reading this: keep an emergency buffer of 6 months on your savings account. Your choice if that’s 6 months expenses or 6 months income.

            If you get fired, you have unemployment benefits, if you get sick you get sick pay.

            We have the ability to seek a bit more risk in our private lives.

            • @peregrin5@lemm.ee
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              10 days ago

              I hedge my bets and do both. I deposit a regular amount regardless of what happens but will throw in a bit extra when it’s clear there is a dip. I prefer the international ETFs also. Can’t go wrong being more diversified.

              Double recommend the emergency fund. I have 6 months income but with the current volatility and that fact that I live in this American shit hole, I may want to start contributing more to it to get 9 months at least. But since I have 6 months already I’m fine with not missing this opportunity to buy the dip.

              I only wish I had waited a week to make my yearly IRA contribution. I generally do a lump sum for that since I just max out the contribution for the year with my bonus mainly because it’s easier to keep track of. This event makes me want to rethink that strategy since I missed the dip on that by a week. It probably doesn’t matter that much though since I can’t touch my IRAs for around 30 years anywho.

              • @Wanpieserino@lemm.ee
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                110 days ago

                The DCA method. They say time in the market beats trying to time to market.

                But in these times, it’s obviously those with money outside of the market that have the biggest gains.

                COVID had a one month crash. Then here in Europe we had the energy crisis bear phase.

                But between the financial crisis and COVID it went relatively smoothly.

                Future can’t be predicted. DCA or building up a lump sum for a bear phase. No idea which of the two is the best option.

                The latter is probably the safest one.

        • @NotMyOldRedditName@lemmy.world
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          9 days ago

          These swings are good opportunities to harvest losses if they cause any and you can move into something else that’s similar.

          Like from a Blackrock 80/20 fund to a fidelity 80/20 fund or whatever it would be.

          Minimal risk but you can still realize a loss.

          I was going to do that until he of course undid it today. My timing was off unfortunately.

      • @givesomefucks@lemmy.world
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        10 days ago

        It’s not intentional…

        His first term had people managing him and stopping him from doing this shit.

        This term is all people egging him on

        He thought countries would rush to negotiate, instead they called his bluff. So now he’s vaugely saying “everyone” has been negotiating so he’s pausing everyone but China.

        He wants every country to think they’re the only one not negotiating, when really no one is.

        trump isn’t that hard to predict. 80s sleazy business practices are way more likely than some convoluted scheme to crash everything.

        Putin wants him to, and trump is gonna do it. But at no point will trump be crashing the US economy intentionally, he’s genuinely doing his best right now.

        And that’s way fucking scarier

        Quick edit:

        Even this 90 day pause, it’s almost certainly just because they saw the bounce from that fake tweet, and knew it would at least cause another bump if they really did it

        They’re fucking idiots with no clue what they’re doing.

      • @WatDabney@lemmy.dbzer0.com
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        1410 days ago

        Government by a delusional malignant idiot clown.

        An entire administration of delusional malignant idiot clowns in fact…

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      1210 days ago

      He’s a demented rapist who should be nowhere near government.

    • @makyo@lemmy.world
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      310 days ago

      Pure idiotic fuckery is what’s going on and the idea of a market rebound is hilarious to me because even without global tariffs there are plenty of other things he can do and IS doing to create instability in the USA. He’s gotta go, the sooner the better.

    • @nuko147@lemm.ee
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      310 days ago

      I guess the strategy of USA is based on D20 dices. That would be my best guess.

    • Lit
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      10 days ago

      Tariffed countries slapped the woke out of trump and his woke tariffs.