General Discussion

Johnny2X2X

(22,903 posts)

23. The stock market isn't the economy

Wed Apr 23, 2025, 01:26 PM

Apr 23

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.

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This message was self-deleted by its author [View all] Chasstev365 Apr 23 OP

I hate to admit it but yes I am rooting against it. ArnoldLayne Apr 23 #1

Not rooting against market. But if it's dropping/stagnating because of trump, he deserves all blame. Silent Type Apr 23 #2

I'm rooting against Tesla also. OLDMDDEM Apr 23 #3

I'm just calling calls and strikes, as they say.... unblock Apr 23 #4

Absolutely, I am EnergizedLib Apr 23 #5

All pension funds snowybirdie Apr 23 #6

No. WhiskeyGrinder Apr 23 #7

I was.hoping to retire next year, so no Danmel Apr 23 #8

I'm not in favor of it, but I'm expecting it Torchlight Apr 23 #9

yeah but mimitabby Apr 23 #10

No I'm not rooting against the stock market EdmondDantes_ Apr 23 #11

No, I don't have that luxury. GoCubsGo Apr 23 #12

I've went back to work part time when Biden was in office Kaleva Apr 23 #17

"Why the ever-loving fuck would I root against the stock market?" Xavier Breath Apr 23 #20

I am never rooting against the market or the American PEOPLE... Moostache Apr 23 #13

And hopefully on camera bif Apr 23 #25

No. I'm approaching retirement age. BlueTsunami2018 Apr 23 #14

I can't afford that. Coventina Apr 23 #15

Hell Greg_In_SF Apr 23 #16

Planning to burn down the barn to get rid of rats? Duncan Grant Apr 23 #18

It doesn't matter how we feel. yardwork Apr 23 #19

If you're rooting for other Americans to get hurt cuz... politics. WarGamer Apr 23 #21

I am rooting for the stock market to behave rationally WSHazel Apr 23 #22

The stock market isn't the economy Johnny2X2X Apr 23 #23

Absolutely not! bif Apr 23 #24

No, why would i root to lose money? dem4decades Apr 23 #26

lol no k_buddy762 Apr 23 #27

stock market pamdb Apr 23 #28

Absolutely! Brainstormy Apr 23 #29

Hell no that's ridiculous and weird!! MenloParque Apr 23 #30