The Stock Market Is Now Below Where It Was When Biden Was In Office

Elim Garak

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I'm not going to judge this early, but it looking bad. Of course when it's doing good under Dems people say it means nothing for the average person. No matter how it's doing under Republicans they won't care.
 
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Belize King

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trump-dance-ymca.gif
 

valet

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Ain't felt it yet personally with my stocks (today was bad) but overall it's been good. But I know this government shutdown could be the beginning of the end
 

IIVI

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Their best bet is cutting rates and hoping people go all in on the stock market, which they said they’d do I think.

That said, a lot of the stock market today is chasing trends and momentum rather than sticking to fundamentals and quality. A lot of people are getting smoked because they’re aping meme stocks.

Chasing quality through solid fundamentals wins. Time in the market on high quality is how to build wealth.
 

Savvir

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Their best bet is cutting rates and hoping people go all in on the stock market, which they said they’d do I think.

That said, a lot of the stock market today is chasing trends and momentum rather than sticking to fundamentals and quality.

A lot of people are getting smoked because they’re aping meme stocks.

Chasing quality through solid fundamentals wins.
lol what ?

The entire market is down. That includes the “fundamentals”
 

Samori Toure

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Trump is an incompetent boob and I have just been waiting on that clown to cause the inevitable implosion of the economy. I knew that Trump was 20 times worse than Bush, Jr., but even I was surprised to see that Trump was able to do all of this dumb shyt in just 4 weeks. It took Bush, Jr., 6 years to do that shyt. Trump is spectacularly incompetent.. :coffee:

I hate to scare people, but things are about to get real bad because when the Feds have layoffs and then they cut budgets, then it is almost inevitable that Local and State governments will probably have layoffs too because Local and States get quite a bit of their funding from the Federal government. When State and Local governments have layoffs then that means that private employers will also likely have layoffs too. This County is in a lot of trouble right now and it is only going to get worse. Economist have already said that a recession coming, but now they are leaning towards it being a deep depression. Hell I think that Trump is capable of pushing the USA into a Depression. Either way it is going to be bad: and it will be very soon.


‘Very, Very Bad’: Ex-Government Economist Makes Bleakest Trump Prediction​

Jesse Rothstein warned it “seems almost unavoidable at this point.”
Jesse Rothstein (@jrothst.bsky.social)
Jesse Rothstein
‪@jrothst.bsky.social‬

It seems almost unavoidable at this point that we are headed for a deep, deep recession. Just based on 200K+ federal firings & pullback of contracts, the March employment report (to be released April 4) seems certain to show bigger job losses than any month ever outside of a few in 2008-9 and 2020.
February 18, 2025 at 7:37 PM




Nobel Economist Warns How Donald Trump’s Policies Could Spectacularly Crash​

Lee Moran
Tue, February 18, 2025 at 2:42 AM CST



Economists Warning over Trump's Federal Grant Freeze: 'Catastrophic Shock'​

 

IIVI

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lol what ?

The entire market is down. That includes the “fundamentals”
In the short term sure, long term with the rate cuts they’re talking about, these companies growing and leveraging A.I and this may be a sale.

Time in the market on high quality wins at the end. Another thing is hedging with potential Chinese stocks, some of which are high quality.

That said, people shouldn’t be playing stocks if they have more urgent necessities during times like this either. Companies like Amazon may lose money because luxuries items won’t be flying off the shelf.
 

Samori Toure

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In the short term sure, long term with the rate cuts they’re talking about, these companies growing and leveraging A.I and this may be a sale.

Time in the market on high quality wins at the end.

The economy is going down hill with no brakes. Everything is down and Trump's goofiness and the tariffs he imposed will only make it worse. No way this country can make it 4 years with Trump. He should fire Elaine Moist right now. Scrap Project 2025 and remove the tariffs. If he doesn't and these Federal firings continue and then the fool gives himself a tax cut then there will not be many safe investments, because we are going to crash.

Take a look at what is happening in the economy right now and no one is even talking about it. Not good.

Dow falls nearly 750 points as companies and consumers worry about tariffs and Washington​


Over 6 Million Americans Are Late on Mortgage Payments​

Published Jan 27, 2025 at 1:23 PM EST

US housing starts fall in broad pullback after December surge​

New residential construction declined nearly 10% in January​

byBloomberg News

February 19, 2025
 

Samori Toure

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There were people that voted for Trump because he was a benimane. :skip:

US inflation got worse with rising prices on groceries and gasoline​

CHRISTOPHER RUGABER
Updated 1:43 PM CST, February 12, 2025

WASHINGTON (AP) — U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and businesses struggling with higher costs and likely underscoring the Federal Reserve’s resolve to delay further interest rate cuts.

The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up from 2.9% the previous month. It has increased from a 3 1/2 year low of 2.4% in September.



Consumer sentiment drops as inflation worries escalate​

Outlook weakens for personal finances, macroeconomy​

Consumers expressed unease about multiple economic factors for the year ahead, providing headwinds for consumer sentiment and spending. More than half of consumers expect unemployment to rise in the year ahead, the highest share since the pandemic recession.

Views of personal finances broadly deteriorated this month as well, with almost 40% of consumers blaming high prices for eroding their living standards. Although a majority of consumers expect their incomes to rise, only 16% expect their income gains to outpace inflation, yet another sign of their worries over the trajectory of prices.

Consumer Sentiment Index​

The Consumer Sentiment Index fell to 64.7 in the February 2025 survey, down from 71.7 in January and below last February’s 76.9. The Current Index fell to 65.7, down from 75.1 in January and below last February’s 79.4. The Expectations Index fell to 64.0, down from 69.5 in January and below last February’s 75.2.

 

BucciMane

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Liberals have a very poor understanding of the economy and what role QT and QE plays. :manny: .

The Biden administration left a disaster. The same administration that tried to tell people the border wasn’t an issue and that there are fifty genders.
 
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