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MACS
Herf-A-Holic

a year ago

#41

That’s what Warren Buffett does as well.

HockeyDad wrote:

That's what most rich people do... and 90% of the people crying about the markets have no money in there. If you don't think the markets are manipulated by the ones who have the most in there... you're probably naive.

And I find it funny that the left says the stock market is not the economy... until it suits them to say that it is.

As for me... lettin' it ride.

drglnc
Herf-A-Holic

a year ago

#42

MACS wrote:

Approximately 62% of U.S. adults own stock, either directly or indirectly through mutual funds and retirement accounts.

HockeyDad
Herf-A-Holic

a year ago

#43

Approximately 62% of U.S. adults own stock, either directly or indirectly through mutual funds and retirement accounts.

drglnc wrote:

Those are the rich that need to be eaten.

RayR
Herf-A-Holic

a year ago

#44

It's a rough neighborhood.

JGKAMIN
Herf-A-Holic

a year ago

#45

and yet still down 4000 since he took office...

and on Thursday morning it fell more than 900 points, or 2.25%, Thursday morning. The S&P 500 fell 2.6% and the Nasdaq Composite slid 3.1%.

drglnc wrote:

“Since he took office?” So not counting the bump it got from his win on Election Day?

drglnc
Herf-A-Holic

a year ago

#46

“Since he took office?” So not counting the bump it got from his win on Election Day?

JGKAMIN wrote:

that's correct, i am talking about his actual impact... from the actions he is taking since retaking office... the people in this country are financially worse off today then when he took office in January... and it continues to trend in the negative...

Just today...

S&P 500 lost 3.46%
Nasdaq lost 4.31%
Dow dropped 1,014.79 points, or 2.5% erasing a third of the gain made yesterday...

wonder how many of his buddies or shadow operatives bought low after his truth social post just hours before he announced the tariffs were lifted? then sold off this morning at the high...

8trackdisco
Herf-A-Holic

a year ago

#47

Latest Quinniapac Survey on Trumps approval around the economy....

The latest Quinnipiac University survey, conducted from April 3 to April 7, 2025, indicates that President Donald Trump's approval rating on economic issues remains low. Here are the key findings related to his economic management:

Economic Approval: Only 40% of respondents approve of Trump's handling of the economy, while 55% disapprove. This reflects ongoing concerns about economic policies, particularly inflation and tariffs.

Trade Policy Approval: Trump's trade policies are also unpopular, with only 39% approving and 55% disapproving. This disapproval is linked to recent tariff announcements, which many believe will negatively impact the U.S. economy.

Tariff Impact: A significant majority, 72% of respondents, believe that Trump's tariffs will harm the U.S. economy in the short term, and 53% anticipate long-term negative effects.

Brewha
Herf-A-Holic

a year ago

#48

Hello Brewha,

Sorry to take so long to thank you for the welcome to the forum. I don't follow the forum daily as I don't have the time to do so. I do, however, plan to stay and post from time to time as I see there are a few quite intelligent people here. The others don't bother me, but I will treat them with the same respect, or shall I say, the same lack of respect that they show me. Some are like circus fleas and don't deserve a response at all, so I simply ignore them.

The 401-k has come back some, but I am still in a significant loss position. I don't expect much further improvement as we continue to hear the leader vacillate and change his position daily. Yesterday was a perfect example of how he lost his nerve when he saw the bond market about to collapse because of his actions.

Well, that's it for now. I wish you good luck and good health.

Fortis wrote:

You're welcome Fortis.

There is a good cross section of people here - and nothing teaches so well as a bad example.

See you in the funny papers.

JGKAMIN
Herf-A-Holic

a year ago

#49

drglnc wrote:

If you don’t think his election had an “actual impact” then what else would cause that 2000 point jump from the day before the election to the day after?

deadeyedick
Herf-A-Holic

a year ago

#50

If you don’t think his election had an “actual impact” then what else would cause that 2000 point jump from the day before the election to the day after?

JGKAMIN wrote:

My guess: A feeling that his policies would be generally very favorable to business.

Ain't working out that way so far.

drglnc
Herf-A-Holic

a year ago

#51

If you don’t think his election had an “actual impact” then what else would cause that 2000 point jump from the day before the election to the day after?

JGKAMIN wrote:

i do understand that his election caused a a speculative jump... November 5th it closed at 42,221, the 6th it closed at 43,729 - it then went even higher at the end of November... at the end of Jan we were in the mid to high 44K... today, currently at 39,593. that is an almost 5k drop since he took office based on his actual actions...

8trackdisco
Herf-A-Holic

a year ago

#52

If you don’t think his election had an “actual impact” then what else would cause that 2000 point jump from the day before the election to the day after?

JGKAMIN wrote:

It is a grayish area. People pick and choose metrics that favor their blue or red team naratives at the time.

Trump gets credit for all the positives in the market since November, and then when his decisions crash the market, it is because the patient (country) was very sick and need time to undo all of the problems with the prior administration.

The number (I believe) I heard was "the market" was up 18% during the Biden years. Does Biden get the credit? Or, was any and all increases all due to the (probably perfect) Trump administration's work the prior 4 years?

Egg Prices: They were on the increase through January. Damn you, Joe Biden! (and the avian flu).

Prices when down in February. All hail our President Trump! He lowered egg prices!

Prices back up in March. Errrrrr, its going to take time to get out what Joe Biden saddled Trump with!

Or, we hear crickets from the blindly loyal Trumpers.

Sure would be refreshing to have them, a few, a couple, ONE of them to come forward and say....

Yeah, I voted for Trump. I support him still. However, I don't like the way he handled (insert examples here).

It is probably the Mega-Maga 2nd commandment. Thou shalt not speak anything but praise for him!

The 1st of course being Attack, attack, attack. Always attack. And or blame someone else.

If only they followed the Ten Commandments half as closely.

Edited by user a year ago | Reason: Not specified