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ArnoldLayne
(2,211 posts)Silent Type
(9,020 posts)OLDMDDEM
(2,463 posts)unblock
(55,023 posts)EnergizedLib
(2,496 posts)Crash the economy, we win in 2026 and 2028. Guaranteed.
snowybirdie
(6,036 posts)are in the market. Do you really want them to suffer? Working against yourself if you are.
Danmel
(5,394 posts)Torchlight
(4,548 posts)I want a healthy economybut I cant ignore the sense that the path were on will likely lead to consequences that fall hardest on those least able to bear them.
mimitabby
(1,936 posts)another thing i wish for is for the stock market to be strong enough to ignore the orange menace completely.
EdmondDantes_
(412 posts)I think we can work on the inaccurate perception that Republicans are good for the economy. The numbers are there, we just need to sell ourselves better. I know Bill Clinton tried in his DNC speech last year, but in the middle of high inflation that was a hard sell. But I bet it's easier when Trump's policies are doing their damage.
GoCubsGo
(33,743 posts)I'm approaching retirement age. I'll be forced to live on my pittance of a pension, while watching my 403(b) and IRA dwindle down to nothing. And, I doubt I'll ever get pack what I paid into Social Security and Medicare. Why the ever-loving fuck would I root against the stock market?
Kaleva
(39,236 posts)Too hard to get by on SS alone
Xavier Breath
(5,525 posts)Exactly. And I'll go one step further why we shouldn't:
I've read many times here over the years how influential this site is in American politics. That when we speak here we need to be careful because what we say could be interpreted by the general public as the position of the Democratic party. Well, if there is any truth to that, then may I humbly suggest we not be seen hoping that hard-working Americans lose money, no matter what long-term benefits to democracy we might believe there to be? Because no matter our intent, that is how it will be perceived.
Moostache
(10,455 posts)I AM rooting (hard) for Trump to die.
Soon.
Preferably in agony and clawing at his throat or chest as he suffocates or dies of a painful stroke that lies him alive but 100% incapacitated and drooling on himself for the rest of time.
But, no, I do NOT root for the stock market to fall.
bif
(25,204 posts)So I can watch and rewatch it hundreds of times!
BlueTsunami2018
(4,314 posts)I cant afford to wait for it to ramp back up again.
I dont want to lose money just so that imbecile looks bad. Thats not a win.
Coventina
(28,313 posts)I was forced into the stock market by 401k plans.
Duncan Grant
(8,694 posts)I hate rats as much as the next guy, but I need the barn.
yardwork
(66,314 posts)Trump and his merry band of evil incompetents are in charge and they're not listening to the Supreme Court, much less us.
I call my useless fools of senators regularly and my messages go to voice mail. Nobody calls me back. I used to email them and their staff sent me insulting form letters and put me on their propaganda blasts.
The only thing that seems to get through to Trump is when the stock market tanks so I guess maybe that's a silver lining. I'm not rooting for anything except an end to the carnage.
(And like many DUers, I'm nearing retirement and pissed off that my nest egg is being devalued, while also wondering if social security will even be there for me and my loved ones. So, yeah - situation FUBAR.)
WarGamer
(16,990 posts)You're doing this wrong.
Maybe another 9-11 might lower trumps approval, right? See how sick that is?
WSHazel
(341 posts)I have spent my career in corporate finance and I cant describe the chaos and blatant manipulation in an intelligent way to my clients. The S&P should be under 5000 given the regulatory uncertainty, and along the same lines, the Euro should be at $1.20/Euro or so, and the Yen should be higher, maybe 125 or 130/dollar. 10 year yield should be closer to 5%. All those targets are based on standard economic theory going back decades and macroeconomic capital flows that are already happening. I am not alone in thinking this.
So why is none of that happening with equities, fixed income, or currencies? I am open to the rules of economics changing, but I need someone to explain the new rules. No one can beyond MAGA has created a new reality, or at least convinced a big part of the market there is a new, very alternate, reality.
Two guests on Bloomberg this morning expressed similar sentiments to mine in terms of where the market should be, including one picking that Euro target, and the second guest said that he cant explain the supply/demand dynamics for Treasuries. Neither can I, but I dont know spit about bond markets and only follow Treasuries at all because they are occasionally a benchmark for debt. The guy on Bloomberg was a senior fixed income trader at SocGen and he couldnt explain it.
So my question is: what the fudge is happening?
Johnny2X2X
(22,772 posts)It goes up, it goes down. It's not exactly a leading indicator.
The uncertainty shows in the ups and downs, but the real world consequences of this will be in the coming recession. Job losses, lives ruined, livlihoods lost.
One thing the GOP never gets and will never get, Wall Street doesn't control the economy, they never have and they never will. The economy is completely a product of regular people having money to spend and being willing to spend it. All the rest is mumbo jumbo that is really just a reflection of that one thing. Are people still spending, will they keep spending? I know a lot of people are terrified right now, terrified people do not spend.
bif
(25,204 posts)It's where most of my savings is.
dem4decades
(12,669 posts)k_buddy762
(67 posts)markets go up and markets go down. sometimes politics plays a role, sometimes it doesn't.
markets recover. its what they do.
pamdb
(1,416 posts)A much as I despise trump and his policies, I've lost a lot of money since the orange felon started his tariff BS. I'm 74 and need that income for the future. Assuming there is a future.
Brainstormy
(2,460 posts)My husband and I are willing to loose it all, little that it is, if it helps to destroy the Maga myths.