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Joe Cool

(1,063 posts)
Thu Apr 3, 2025, 10:47 AM 23 hrs ago

Stock market is tanking

https://www.cnbc.com/

I was gullible enough to think that one benefit of TSF as President would be that he would juice the stock market before he tanked the economy a year or two into his second reign of error. I didn't think he would tank the economy less than three months into his second reign of error.
9 replies = new reply since forum marked as read
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Stock market is tanking (Original Post) Joe Cool 23 hrs ago OP
I realized in January that his need for attention Tadpole Raisin 23 hrs ago #1
Fox news: What's a stock market?? Watchfoxheadexplodes 23 hrs ago #2
Yeah. No one has a 401(k). Wednesdays 22 hrs ago #5
So being down just over three percent is tanking? PoindexterOglethorpe 22 hrs ago #3
Considering the Russell 2000 just entered bear territory Joe Cool 21 hrs ago #6
Stocks go up. Stocks go down. PoindexterOglethorpe 21 hrs ago #9
The Great Trump Depression on the horizon! Emile 22 hrs ago #4
Stocks go up Greg_In_SF 21 hrs ago #7
How could anyone miss: Aristus 21 hrs ago #8

Tadpole Raisin

(1,584 posts)
1. I realized in January that his need for attention
Thu Apr 3, 2025, 10:55 AM
23 hrs ago

and say outrageous things and pulling numbers out of his addled brain would result in too much of a whipsaw market, not that I had anything to lose.

“Sell in May and go away.” How quaint…

Watchfoxheadexplodes

(3,514 posts)
2. Fox news: What's a stock market??
Thu Apr 3, 2025, 11:06 AM
23 hrs ago

Bill hemmer: "luckily stock market doesn't affect most Americans 🙄

No ticker, have only mentioned it twice in two hours.

I hate people are losing money but loving fox news ignoring this disaster.

PoindexterOglethorpe

(27,644 posts)
9. Stocks go up. Stocks go down.
Thu Apr 3, 2025, 01:08 PM
21 hrs ago

Somewhat erratically, to be sure, but over the long run they go up. People who day trade generally lose money.

I am not knowledgeable about all the things needed to pick specific stocks. I have a financial advisor whom I've done very well by. I am taking out a steady 4% from the annuities he put me in, and because their value has grown, we've increased the money I get each month. He also moved pretty much everything from stock funds to bond funds.

And right now it's down a bankruptcy-inducing 2.94%.

Greg_In_SF

(180 posts)
7. Stocks go up
Thu Apr 3, 2025, 01:05 PM
21 hrs ago

and stocks go down. Last July, the Dow dropped 2000 points in three days.

It came back.

The market has a 100% rate of recovery.

Aristus

(69,524 posts)
8. How could anyone miss:
Thu Apr 3, 2025, 01:06 PM
21 hrs ago
HE BANKRUPTED A CASINO!!!

After something like that, how could anyone believe that he is not capable of destroying any business, in any fashion, at any time, and in any place?

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