Please don't forget days like earlier today. Please. Don't let anyone sugar coat this, or blame it on their (Democratic) opposition, or drink the GOP apologist Koolaid that this is somehow "normal". It's not.
The Dow hasn't fallen like this since the Covid lockdown only a few years ago, and that was a global pandemic that shuttered the entire country and its businesses.
And you know what's really sad about this whole thing? If Trump had literally not picked up his pen to sign for a tariff war, all this could have been avoided. All of it. The Covid pandemic was unavoidable, but this one is. Easily.
It's a good thing I had already liquidated my Roth IRA positions (mostly due to my weird tax situation), because otherwise, this single day would have costed me another six figures. I mean I still lost a bunch, so that's just me trying to look at this as glass half full.
And yes, I could rant more about it, but I won't. I know this isn't the site for politics, although I think mentioning it to some extent is also kind of inevitable, especially when it affects our life savings so directly.
April 5th, 2025 at 06:36 pm 1743878169
You are correct, this is all brought about because Felon 47 instigated this. It makes one wonder if this was the plan...make the market fail, let his rich buddies buy stock at bargain basement prices, and then tweak stuff so the market goes up after the rest of us are in shock, licking our wounds. But as we know, once prices go up on things, it hardly ever goes back down. And Felon 47 said eggs have gone down 69%. I'd like to know where. Not where I live. Same price. And gas prices have increased. I don't think we are winning.
April 5th, 2025 at 06:40 pm 1743878421
April 5th, 2025 at 07:38 pm 1743881939
Of course, we got a Democratic President who believed in investing in people not delighting in hurting them, but the market recovery started on the Felon’s watch.
I find it very comforting that this site - which was always carefully non political - now is filled with political commentary.
I hope all posters are also voters!
April 5th, 2025 at 09:21 pm 1743888102
April 6th, 2025 at 07:03 pm 1743966185