Wtf is going on
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.
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
That, plus you can short stocks without even holding any
Simply buying VIX will work too.
This isn’t really Pump and Dump though, it’s more like “Dip and Rip”
Began it has, the war on greed.
Two rules. Only buy. No sell.
That’s what I did. I rebalanced my stock allocation from 50% to 80% and put a few thousand more in the market.
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.
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.
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.
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.
Wԋαƚ’ɾҽ ყα Ⴆυყιɳɠ
Bought lu908500753 at 221 each for 84 pieces.
Let’s see what happens today
Chaos. And it’s intentional. It makes the US vulnerable.
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.
Wtf is going on
A psychopathic criminal regime has taken over the US.
And by and large the electorate is fine with it
Ineptitude.
Government by a delusional malignant idiot clown.
An entire administration of delusional malignant idiot clowns in fact…
The US is a clown country, no more pretending otherwise.
He’s a demented rapist who should be nowhere near government.
End stage capitalism
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.
I guess the strategy of USA is based on D20 dices. That would be my best guess.
South Park already explained how the US government determines economic policy…
Update: It was all a market manipulation scam, to make his pals richer.
I think we all know Trump can’t use a dice any larger than a D6 without severe confusion. Hell, might have to scale that back to a coin flip.
HEYYEYAAEYAAAEYAEYAA
Tariffed countries slapped the woke out of trump and his woke tariffs.
This just proves that US tariff policies are unstable.
Why would any company move production to US based on tariff then? Imagine spending money to move a factory from China to America, and the next month tariffs flip flop and your competitor laughs at you all the way to the back counting earnings from their Chinese imports.
Dems just need to say that their candidates will drop all new tariffs like this. Which is goofy (repubs pro-tariff, dems anti), but it incentivizes them to not go along with any of this, medium/long term
Whatever Democrats say, it will just contribute to uncertainty which is what the comment you replied to was all about.
Trump is fighting against himself, and he is losing.
When I played Pokemon as a kid, I would get so mad when my Pokemon ‘hurt itself in confusion’. I thought, how the hell is that even possible. But now I see it first hand…
This is so stupid. He announce tariffs, markets tank. He pauses, markets rebound. He then imposes tariffs, markets tank. He pauses… oh he’s jerking off everyone. got it.
I’ll give you one guess when he and his cronies are buying and selling stocks.
I’m beginning to think Wall Street and this stock market thing might involve scamming and fraudulent activity… Maybe crypto too…
🌎🧑🚀🔫👨🚀
Unless you own a lot of stocks and shares, then a bit of insider trading is really working out well
Just whacking it into his own mouth while the looney tunes factory music plays
To add to that chaos, the announcement that there was a 90 day pause was not even true. It was tweeted by Steven Bloomberg or something and markets rebounded because it spread all over Twitter and outlets started reporting it, but he never said it so they sank. Did he actually end up announcing a 90 day pause now? So now they’re back up? The fuck?
deleted by creator
Pure fucking market manipulation.
At this point I kind of hope China goes nuclear and implements a complete import and export ban with the United States. China has the social infrastructure inplace and debt head room to borrow their way out of any kind of financial crisis. The United States does not.
China uses debt differently. Local governments are not allowed to borrow money directly, so they use companies to borrow money for public works. The system is called local government financing vehicle(lgfv). They usually get land, which they sell or lease to get some money or to secure loans. It is usually understood that local governments would bail lgfv out. The issue with lgfv is that they owe more money then the GDP of China and it is secured with mostly real estate, which is somewhat on the edge of crashing. Chinese real estate is crazy overvalued, so popping that bubble can hurt China badly.
The difference is that China is in a trade war with the US. The US is in a trade war with the rest of the world.
This is one of the better explanations on the China debt + real estate connections I’ve read. Thank you
China exports a lot. The libs on lemmy are lying to themselves if they don’t think this is going to hurt China in any way. It’s likely going to be harder on them in fact.
Yes, they export a lot, but this would only be to one country. The US is likely their biggest trade partner by a large margin, but they could still trade with 176 other countries.
It will hurt them but not cripple them. The US gets SO MANY things from China that it would cripple our country. Every computer chip outside of the TSMC fabs, every junk toy, half our clothing, tons of car parts, everything sold at Harbor Freight and Home Depot, cell phones, etc. They’ll still be able to sell those to the rest of the world, but the US would have to switch up our entire global supply chain. It would take years to recover.
Yes, they export a lot, but this would only be to one country. The US is likely their biggest trade partner by a large margin, but they could still trade with 176 other countries.
You say that like they aren’t already. Are those 176 other nations prepared to make up the slack that the US isn’t buying?
It will hurt them but not cripple them.
This was, in fact, what I said. That it would hurt them. People seem to be reading some fan-fiction version of what I said that involves the US destroying China or something.
Haven’t seen anyone saying that.
China’s financial instability and housing market issues are going to make them vulnerable. That said, the world does more trade with China than America thanks to global Western companies outsourcing all their manufacturing there (thus screwing blue collar workers in their home countries).
That same world is now slightly more interested in punishing America thanks to the Trump regime. If he doesn’t revert to previous agreements in the next 6 weeks or so, then I’d expect a global recession is coming not too far down the track.
I would say at this point the global recession is coming even if he would revert to the previous agreements because you can’t just regain trust like that.
Meh finance people are pretty forgiving as long as the money is streaming in. Which is part of why they’re not trust worthy.
But yes, Trump has damaged perceptions of the US as a stable democracy no matter what. So whether he leaves peacefully and wherher people further left get back in and make amendments against future trumps is the real decider of the future of the world.
Given he’s already aligned himself with Steve Bannon’s third term idea, it’s not looking good for the future of Pax Americana.
Next up: A mix between Pax Europa and Pax Sinica (China).
This is hard on the whole world in a way that nobody is going to come out hurt less in any meaningful way.
Only one country doesn’t see that.
Everyone will be hurt badly by this, it is just the US that will be hurt worst of all because they started a trade war with literally everyone at the same time AND turned themselves into a hostile environment for migrant labor AND reduced spending on education.
The US also based their global economic position on the fact that they were the only major country left standing after World War II. The rest of the world has rebuilt itself since then but America stayed on top because they were too big to fail. If they fail anyway they’re never going to recover, since the circumstances that they originally benefited from don’t exist anymore.
Reply to some of these comments big guy cmon
I owe them and you absolutely nothing.
Isn’t export to the US only like 3% of Chinas gdp though?
So he’s giving the other countries a 90 day reprieve to seek other trading partners? Ones that aren’t dictated by a toddler who thinks random mood swings are the basis of a sensible foreign trade policy? Smart move, trump.
Probably less. He could change his mind at any time.
seems like he learned his negotiation skills from the scene in Blazing Saddles where the black sheriff points a gun to his own head. “Do what he says! Do what he says!”
The stock dropped enough, now the harvesting can Start.
yep, you are freaking right.
No, they haven’t even got started yet. This is the advertisements before the show, people are still sitting down and buying snacks.
“I am bleeding, making me the victor”
Face to foot style, how’d you like it?
Praise God other people see this connection! A friend and I have been referring to the GOP as Wimp Lo for the last couple of years and are always sad when others don’t get the reference. It’s perfect!
Nothing says “Genius” better than changing your mind more than your Depends.
HIs mind changes with whoever just left the room.
Remember when flip-flopping was bad for a politician?
Trump’s tariff policy is like the Windows file copy dialogue.
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Why stop there? Why not 500% or 1000%? We’ll see the greatest US market in history. It’d be legendary. Like no president has ever done before. /S
This guy is a moron. The United States will be in a self made recession or depression very soon cause of this clown.
Trump should just create a tarrif that doubles whatever increase the target nation does.
So tarrifs China 50%. China hits back 50% so now China is 150%
Then China should do the same and raise tarrifs.
Then we’ll have infinity tarrifs!
And I think it should be exactly like that.
Considering they have proven they can get algebra solved, with their (x-y)/x formula, China should retaliate with -50% tariff policy. United States doubles to -100%.
Everytime you buy something from China, the US Government has to pay you it’s entire value.
China raises tariffs to 204% tomorrow’s headline.
I’m excited for tree fiddy
You’ll love your $2250 iPhone and you’ll be happy
