I never thought i would see something like this.
Not in the sp500
What the fuck
Is this the covid dip
It can't go much lower, can it? I bet we are back at 5000 end of next week, tariffs canceled, full globalism unleashed.
zoomerchads... we won.
the whole economy is turning into one big shitcoin casino
covid deep took 2 weeks so strap in
cope
ppl still think tariffs will get cancelled
lower
This is happening because I bought. I'm not allowed to be rich. My bad, everyone.
I'm all in cash (apart from something like 0.25 buttcoin funny money or so, don't even know, can't be arsed to login).
I'm just trying to time the entry, because, that is essential, as we all know.
I'm so fucking pissed, there's no way my cash makes it to the brokerage quickly enough to buy this generational dip
i envy you. i was buying on the way down this past month. good luck on your entry.
beautiful
I am 80% in cash and this is quite scary
IMO this is not the real deal. this crash is scary and is going to hurt but they are going to "fix" it and we will enter a "new" paradigm where prices will absolutely moon. then when people believe that the worst is behind us and we have many more years of markets pumping then the final crash will happen where everyone gets absolutely btfo. and it all can happen in a relatively short amount of time, like this year
I'd hope so, but look at that slope, that's a century move. There is no way it isn't going to bounce back quickly.
We will get a green week with lots of tariff agreements. Politicians are all panicking.
That's the idea here, extreme pressure, extreme concessions, maximum globohomo.
I think the s&p is approaching 20% down from ATH right now. These clowns could keep this up and drive it 30 to 35% down pretty easily. At some point someone will pivot but who knows when it will come
you're coping by thinking you can just le time the bottom of this coming crash
america's economy is going to the shitter
worse than you can even imagine
Thanks, but there is no need for envy. I'm 45, already half a cripple, no kids, no family, just a career taken by robots soon. I don't even plan for retirement.
I think too many idiots bought the top so it had to come down
Ramdeep, saar
never thought i would see something like this
It literally happens twice in your chart retard
It’s literally at macro support. You must not have been paying attention all these years.
Number go up, everything will miraculously go hunky dory such is the kikery we have to endure
it's literally so fucking over holy fuck
71k only 64k now
tomorrow only 60k
i will watch it go all the way down to 50k
at the point not worth selling
then it will keep dumping 40k
my 70k, part from my parents, will go to fucking 40k because trump is a fucking retard
This insane bubble has finally popped and now all will return to nothing as it should be. Thank you trump.
I remember panic-selling the Covid "crash".
Fuck that shit, never again.
Trump's BS is nothing compared to the worldwide lockdown scam pandemic panic that happened 5 years ago
It's a long way down
How down do you think we go?
baby's first market crash
I bought the dipperino
all my alts are dead now
So true sister.
dev sold
we CTO and run it back
i hope it crabs here for 20 years that would be golden seeing all the faggots >buy low and it just crabs for 20 years
It's every bit as fake and gay as that dump.
We're doing this until Jerome has some reason to cut rates. He's nowhere near that point yet.
Unironically this.
Jerome
this is the only thing i see that could fuck my short
Why would it not go full tilt back to 2020 prices or worse after today? You take the tariff percentage and subtract as much. that’s how much less money consumers will spend on stocks. Then you make an acceleration factor because you are tanking everything globally where stuffs not going to come back. So we will have an instant crash, but overall a deceleration as it messes up manufacturing globally.
Trump is an evil person. Elon is an evil person.
But grok told them to do it this way and AI is our god now.
They're not evil. They are both very good at one thing:
Brinksmanship.
zoom out
but they are going to "fix" it and we will enter a "new" paradigm where prices will absolutely moon
my thoughs exactly, everybody is so fucked
yisus crist I've seen 3 major economy crashes in my short life (millenial fag reporting)
Trump is basically taking a sledge hammer to the foundations of the economic ideology that lead to the last 50+ years of prosperity and consistent growth. If this is permanent policy, the S&P is going to zero. The drop is basically factoring in the % likely hood they are serious, backs down, has a stroke, GOP wakes tf up and impeaches him, etc. Otherwise this is self inflicted economic annihilation with no recovery.
yisus crist I've seen 3 major economy crashes in my short life (millenial fag reporting)
Same brother, im 33, and at this point i feel like i should have gotten a punch card, where after 5 major financial crisis the government should just give us 1m each.
Remember: bailouts and QE are what keep our economy stable
I think the issue is, the current system and "50 years of prosperity" is no longer working for anyone that did not get in 50 fucking years ago.
Shit was great when you could have bought at the ground floor, but literally the ladders got pulled up behind Gen y, z and half of gen x.
im going to lose 30k in a week
but i cant be bothered to sell
Why would he be impeached for bringing manufacturing back? Tariffs are already causing companies to say they are moving back to the US. Why would S&P go to Zero? It would just simply be based on real growth and not fake growth.
He only knows how to zoom zoom.
Art of the deal.
Trump's BS is nothing compared to the worldwide lockdown scam pandemic
It’s worse.
now thats a downmove
The stock market has been in an almost straight up bull market the past 15 years. What ladder has been pulled? You can bitch about inequality and its true, but what Trump is doing will only make that inequality worse on top of being net destructive. The US is literally the most powerful, prosperous country in the world because of the embrace of free markets and relatively low government central planning like this. Of course there is problems and things to improve, but you don't fix it by doing random retarded shit just because it will shake things up. Its far easier to destroy shit than randomly end up with something better. That's why central planning like this never works. Protectionism and socialist central planning have a basically 100% historical failure rate vs free markets.
Protectionism and socialist central planning have a basically 100% historical failure rate vs free markets.
*pretends China doesn't exist*
Trump's shit is so much worse.
He sticks to his guns
with permanent 40% tariffs on everything we will turn into north korea, stocks go to zero
He walks it all back
weak relief rally then eternal purgatory as everybody lives in fear of him bringing them back again, then repealing them again, etc, all he's proven is he's a loose cannon who can kill the stock market whenever he feels like it
congress strips him of powers/impeaches him/he gets luigi'd/etc
massive political instability = more uncertainty = markets more down
there's literally no way out now. Every way forward involves more pain.
Protectionism and socialist central planning have a basically 100% historical failure rate vs free markets.
This. Based.
China was a stagnant shithole until Deng embraced market economy, all of China's prosperity comes from being a market of global free trade. Do not ever post on Anon Babble again. Your life is doomed to suffering and envy and retardation. Finish yourself off and get your miserable existence over with.
zoom out
Hehehehehehahahahahahaha.
No covid was a warm up for this one.
China is great example that proves my point. China grew big when they opened up to free market capitalism and then stagnated when idiot Xi went socialist dictator mode.
Trump is basically taking a sledge hammer to the foundations of the economic ideology that lead to the last 50+ years of
Agreed
prosperity and consistent growth.
Lost me
Biden picked winners and losers too. He picked China as a big winner by shoving EV down everyone’s throats and making everyone hire trannies
China grew big when they opened up to free market capitalism
Yeah because they fucking stole every god damn bit of tech that US manufactured opened up over there.
US company starts producing a given part in China.
Magically china has a new factory making the same fucking things and only sells it to china.
Difference is now there's zero money remaining for bailouts and checks, and inflation is absurd.
This is actually the CORRECTION of the Covid bullshit. We're going back to 2019 levels.
How? The entire planet shut down. Everyone is still operating now, and on Trump’s terms.
The stock market has been in an almost straight up bull market the past 15 years. What ladder has been pulled?
Make that 150 years anon. Sadly I don't think this one is going to be the one to stop it.
50+ years of prosperity
For elites only. The 99% got 50 years of inflation, to the point zoomers have the hopes of literal third world country people (never buy a home, never find a good job).
sure but its like jwalking to trumps mass murder of economic principles
You're talking about intricate IP issues though, completely separate issue than the general economic ideology at the top level
sure, it was all the age of enlightenment and classical liberalism, which trump is diverging from.
Trump's policies are going to make all of those problems worse tho, on top of being overall net bad for everyone on average. Like in Russia there will be few winners, like politically connected chronies, and just because others lose doesn't mean you win.
lets compare a global pandemic to an economically illiterate retard
The 9/11 crash was worse too, does that mean crashing the market with no outside influence is smart?
Consider the monkey and slips of paper anon
You can see this in the money velocity chart. Consider what happens for instance, when MV = 2.
When MV=2 a money printer can print 1 dollar and get 2 dollars of work out. Because that one dollar services 2 transactions that year. If you print 10,000 dollars, you can hand it to a monkey and the monkey will go fund some other monkeys by spending it. You have a society.
But imagine MV=1
You print a dollar, the monkey saves it, and then spends it only on what they need. You have a perfect zero sum economy.
Now it looks like MV wants to go below 1
MV<1?
Well in such a scenario you print a dollar and the monkey never spends some of it, monkey stuffs it in a tree/eats it or invests it in dog coins.
Well ask yourself, how can we get the monkey to participate in society, we can agree that life for monkeys is better when MV > 1, but how can you convince the monkey not to eat paper?
One solution is just to catalog every monkey who eats paper and try to avoid ever paying them. This unfortunately lowers the value of the fiat because the monkey doesn't want paper that it can't eat.
You could try just printing more paper, but eventually the monkey will get bored and eat something else.
You could try playing peekaboo with the monkey and trying to trick it into thinking it's at a fair, but that gets old quick.
You could try offering better goods and investments to the monkey... but that might require printing lots and giving other paper eaters paper.
You gotta ask, what do you have that the monkey wants? Nothing? Uhoh... well it sounds like the monkey should just ignore you.
That, along with this chart, should explain everything that is happening.
THE SKY IS FALLINNG AAHHHHHHHHH
Trump did this before
He put in tariffs
It lasted 422 days
He then undid tariffs
Everyone 1. Forgot this 2. Refuses to remember it 3. Failed to learn anything
Nothing Ever Changes.
The same overarching issue has been on-going for over a hundred years, which is wealth inequality as capital flows up to the top 1%. This is a systematic problem that can not be solved without radical legislation changes which would change how taxation works, with a big emphasis on a wealth tax and welfare/actual trickle down economics. No one is talking about doing this, from the US to France to Germany to anywhere.
In a year or so, the tariffs will be gone, and the same story will have continued; wealth inequality is even worse because the guy with $10m can make more than the guy with $100k in a market like this.
You sound bullish on the future, departing from the status quo is ultimately progressive. Someone wins in such a scenario, I worry the situation is worse than that. I rather doubt trump is capable of escaping the system that favors him.
Tariffs won't be canceled
how can we get the monkey to participate in society
easy, the sign tappers were right all along.
time to die for zog, they will give you housing and food while drones chase you....but hey, in this economy?! ITS A JOB!
Glad to be a pro Shitcoinaire with Boinkers. I always find my way if things aren’t working, I spin, hit the slut machine, or run the rug game. It’s all about smart play, anon.
selling at a loss is retarded, it will go back up but it may take YEARS all because the orange nigger let Chat GPT write his tariff policy
I think we are going to get a 35% drawdown, so we are roughly 2/3 there. Question is how sharp the recovery will be
how sharp the recovery will be
it will be as sharp as musk, and as high as his rockets
it will be as sharp as musk, and as high as his rockets
more like as sharp as musk's rockets, and as high as musk himself
The recovery will be slow as fuck. There's zero reason to rebound to the same level pre-tariff if nothing else happens.