Wall Street plummets ,trillions lost

[Toolong]

11 hours ago, SunnyinBangrak said:

So to summarize - wide open borders = good for working class Americans. Reciprocal tariffs on countries that have been taking the P for decades = the sky is falling? Think I understand. 

Irrational hatred in a man is like rabies in a canine, was it MrChurchill who foresaw todays mass hysteria?

I get what you're saying, Sunny, and your reasons for contesting my view of it. Fair enough.

I don't hate Trump, btw. Baffled by him and many of his actions, but don't hate.

 

Forgive me, but off the tariffs for a moment, I took the same view of many wary of Trump that he'd at least keep his promise to end the two big conflicts. Russia/Ukraine? Better than Biden. But allowing Isr**l to resume their genocide? He's just AIPAC's man, certainly not his own. His cred's blown. Shameful. Eternally shameful.....imo.

 

Anyway....have a good weekend, Sunny, down there in Bkk. 

[pegman]

Same pattern as 1987. No one should be surprised if there is another Black Monday to start the week. If anybody wasn't around that was a 20% slide

event. 

 

[pegman]

14 hours ago, jvs said:

Can you tell me please where that money is coming from?

Who is paying the tariffs?

Yank consumers that's who.

[jvs]

20 minutes ago, pegman said:

Yank consumers that's who.

Thanks,the guy who i asked has not responded,i wonder why.

Still the MM's are getting all excited over how to spend the trillions to be divided among them.

They are in for a very big disappointment ,the disappointment will be sooo big,probably the biggest and best

one the world has ever seen.No one has seen anything like it!

lol.

[IsaanT]

34 minutes ago, pegman said:

Same pattern as 1987. No one should be surprised if there is another Black Monday to start the week. If anybody wasn't around that was a 20% slide

event. 

 

 

I remember Black Monday.

 

Conversely, after such a hard fall this week, I wouldn't be surprised to see a few relatively quiet days next week, going slightly back up again.

 

If so, I expect many here to confidently proclaim something like 'a healthy correction has now been completed, and normal service has been resumed'.  Then, very shortly after, perhaps around the middle of the month, they'll be caught out as the new trend down resumes...

 

The majority of retail traders lose (71%, according to IG Index).  Reading some of the inane statements in this thread reminds me why.

 

 

 

[Harrisfan]

5 year ema supported the 87 crash. Thats 35,000 now. GFC smashed way lower. 28,244 is the 12 year ema which supported the covid crash. But things arent as bad as covid. 30,000 to 35,000 for a low is most likely.

[Walker88]

9 minutes ago, IsaanT said:

 

I remember Black Monday.

 

Conversely, after such a hard fall this week, I wouldn't be surprised to see a few relatively quiet days next week, going slightly back up again.

 

If so, I expect many here to confidently proclaim something like 'a healthy correction has now been completed, and normal service has been resumed'.  Then, very shortly after, perhaps around the middle of the month, they'll be caught out as the new trend down resumes...

 

The majority of retail traders lose (71%, according to IG Index).  Reading some of the inane statements in this thread reminds me why.

 

 

 

If he isn't playing golf and cheating, POTUS will likely spout out a few lies like "You won't believe all the countries calling me begging for a deal. Nobody's ever seen anything like it. The whole world is going to boom because of me. SO much money. Unbelievable. Some people are saying I'm going to get the Nobel in Economics as well as the Peace Prize. Only me, your favorite President, can do this."

[JAG]

On 4/3/2025 at 7:22 PM, SunnyinBangrak said:

Experts you say? 99% of experts? I think you will remember when 100% of experts said the Biden corruption laptop was a hoax, it was Russian disinformation, to be banned from discussion. How did that unanimous expert opinion age? 

Start to learn how to process information yourself, forget msm talking heads, they will toe the party line, end of.

Well done that man, bringing Hunter Bidens laptop into the discussion!

[SunnyinBangrak]

7 minutes ago, JAG said:

Well done that man, bringing Hunter Bidens laptop into the discussion!

An easy example of when every single so called expert was wrong. Some honestly, most like the mighty 51 knew they were lying. No guesses which side of the debacle you were on. The episode will forever be used as an example of dishonest narratives by the holier-tha-thou, the evils of censorship and the hivemind ingoring real corruption go chase the shiny object of Trump corruption which never materialized.

[IsaanT]

21 minutes ago, Walker88 said:

If he isn't playing golf and cheating, POTUS will likely spout out a few lies like "You won't believe all the countries calling me begging for a deal. Nobody's ever seen anything like it. The whole world is going to boom because of me. SO much money. Unbelievable. Some people are saying I'm going to get the Nobel in Economics as well as the Peace Prize. Only me, your favorite President, can do this."

 

You're right.  Blame anyone but him for the current chaos.

 

His facade of arrogant competence ("Trump was right about everything") has nearly run its course and he will eventually have nowhere to hide.  Like karma, it is taking longer than some of us would like but it will get there eventually.

 

The problem for so many is that the damage will already have been done.

 

[SunnyinBangrak]

1 hour ago, Toolong said:

I get what you're saying, Sunny, and your reasons for contesting my view of it. Fair enough.

I don't hate Trump, btw. Baffled by him and many of his actions, but don't hate.

 

Forgive me, but off the tariffs for a moment, I took the same view of many wary of Trump that he'd at least keep his promise to end the two big conflicts. Russia/Ukraine? Better than Biden. But allowing Isr**l to resume their genocide? He's just AIPAC's man, certainly not his own. His cred's blown. Shameful. Eternally shameful.....imo.

 

Anyway....have a good weekend, Sunny, down there in Bkk. 

Not on topic,but totally agree about how disappointing Trump's Isreal/mid east actions seem to be going. We wanted no involvement. As for Ukraine/Russia its too early to call, clearly he's doing his best to end the war. We will see.

[Walker88]

17 minutes ago, SunnyinBangrak said:

An easy example of when every single so called expert was wrong. Some honestly, most like the mighty 51 knew they were lying. No guesses which side of the debacle you were on. The episode will forever be used as an example of dishonest narratives by the holier-tha-thou, the evils of censorship and the hivemind ingoring real corruption go chase the shiny object of Trump corruption which never materialized.

Real corruption?

 

---Like stealing hundreds of highly classified documents and lying about returning them?

---Like falsely booking a pornstar payoff as a business expense?

---Like trying to overthrow an election?

---Like trying to get a GA SecState to falsify election results?

---Like calling your goobers to DC for what was merely a pro forma election certification, and then prompting them to attack the Capitol (unless you think he's such a moron 'how could he possible know they would be violent')?

---Like setting up a fake charity and using donations for yourself?

---Like setting up a fake "accredited" university?

 

The measly things on a laptop of the son of the President will fade into history as irrelevant and paltry in comparison to the fraud, corruption and criminality of 45 and 47.

[Walker88]

I understand POTUS has sent all his "best people" out to look for a deceased feline, particularly one that ricochets off the floor when dropped.

[BLMFem]

12 hours ago, Sigmund said:

Plumetts yes, but nobody is talking of the millions many are spending to buy top stocks at bargain prices. Many will come out very rich from this. Trump and his team are pro's in business and they surely know more on how to play on the stock market then the handful of democrat liberal leftist wokes who are spending their days moaning against Trump. I don't specially like the man, but he knows how to make money.

He does? What it all those bankruptcies that taught him?

[IsaanT]

14 minutes ago, SunnyinBangrak said:

clearly he's doing his best to end the war.

 

Really?

 

A hillbilly vice-president (unelected to post) embarrasses a visiting sovereign president (elected to post) live in front of cameras, and then Trump joins in.  Disgraceful.

 

Trump also has this unexplained affection for the corrupt dictator Putin.  Why hasn't Trump slapped Putin down for obvious obfuscation and delay when he was so quick to disrespect Zelenskyy?  And why did he cut off supplies and intelligence for a week when Russia was reporting that it had nearly encircled the Ukrainian troops in Kursk?  Despicable.

 

I won't die a happy man if I don't find out what is behind the Trump-Putin affection.  It will come out sooner or later.

 

[spidermike007]

This has to be part of an intentional plan orchestrated by the deep state using Trump as a puppet. Trump simply cannot be as ignorant, or as stupid as he appears to be, it's just not possible. Nobody is that clueless. 

 

Folks, it would appear that they are intentionally trying to collapse the world economy, for what diabolical reason, that is entirely open to speculation. But no doubt Trump is a puppet in all this. 

 

 

[Digitalbanana]

 

[Walker88]

So as the market lost $5 trillion over 2 days, POTUS chose to go cheat play golf, but he did take the time from his busy schedule to post this on his social media platform (in all caps):

 

"ONLY THE WEAK WILL FAIL"

 

Now THAT is leadership!

 

I'm kind of surprised he hasn't yet uttered the famous retail investor adage:

 

"You haven't lost if you haven't sold".

 

LOL

[Walker88]

6 minutes ago, spidermike007 said:

This has to be part of an intentional plan orchestrated by the deep state using Trump as a puppet. Trump simply cannot be as ignorant, or as stupid as he appears to be, it's just not possible. Nobody is that clueless. 

 

Folks, it would appear that they are intentionally trying to collapse the world economy, for what diabolical reason, that is entirely open to speculation. But no doubt Trump is a puppet in all this. 

 

 

Sometimes dumb is just dumb.

 

Occam's Razor.

[SunnyinBangrak]

15 minutes ago, IsaanT said:

 

Really?

 

A hillbilly vice-president (unelected to post) embarrasses a visiting sovereign president (elected to post) live in front of cameras, and then Trump joins in.  Disgraceful.

 

Trump also has this unexplained affection for the corrupt dictator Putin.  Why hasn't Trump slapped Putin down for obvious obfuscation and delay when he was so quick to disrespect Zelenskyy?  And why did he cut off supplies and intelligence for a week when Russia was reporting that it had nearly encircled the Ukrainian troops in Kursk?  Despicable.

 

I won't die a happy man if I don't find out what is behind the Trump-Putin affection.  It will come out sooner or later.

 

What on earth are you talking about. Hatred trumping any semblance of reality. Trump/Vance won an election, it was a landslide. Your beloved Z cancelled elections. Something the forum left are frantically denying since it was (rightly) pointed out to them thst Trump can say the US is at war so no more elections until 18 months after all wars end. Of course that blew their Z cancelled elections is good meme out of the water.

Then it all gets worse. Turn off msm. Think it all through yourself.

[Harrisfan]

Compared to the covid low most shares are up a lot.

[Walker88]

"This is the worst self-inflicted I've seen in the history of our country economically"

 

---Gene Sperling, former Chief of the National Economic Council

 

Obama inherited the 2008 Financial Crisis, and chose controversial steps to solve it, such as bailing out banks, insurers and the US auto industry

 

Biden inherited the mess of Covid, but took steps to mitigate it, and got the US growing 3 times faster than the average G7 nation, plus getting inflation down faster than any other major nation

 

This POTUS inherited a growing economy and vibrant job market, where all he has to do is sit on his hands and likely take credit for continued growth, but instead he interfered and is killing the equity market, economy, and likely worldwide economic growth. Never has a single person done so much harm in so short a period. Tens of millions will suffer as jobs get lost (it's coming; wait until the May-June job numbers), 401Ks get decimated, growth turns negative, and poor folks drop deeper into poverty.

[Walker88]

1 minute ago, Harrisfan said:

Compared to the covid low most shares are up a lot.

Thanks to the glorious 4 years of Biden.

[BLMFem]

23 minutes ago, Harrisfan said:

Compared to the covid low most shares are up a lot.

Sure, and compared to the asteroid that killed off the dinos this ain't bad at all!

[johng]

36 minutes ago, Walker88 said:

So as the market lost $5 trillion over 2 days,

The "market" lost nothing...it was only notional ponzi scheme money in the first place...in a few months time the "market" will probably be surging to new highs  again.

[SunnyinBangrak]

Just now, johng said:

The "market" lost nothing...it was only notional ponzi scheme money in the first place...in a few months time tbe "market" will probably be surging to new highs  again.

The guy is completely economically illiterate. He famously claimed the preCovid Trump economy was worse than the Great depression. No basis in reality whatsoever.

[candide]

29 minutes ago, SunnyinBangrak said:

What on earth are you talking about. Hatred trumping any semblance of reality. Trump/Vance won an election, it was a landslide. Your beloved Z cancelled elections. Something the forum left are frantically denying since it was (rightly) pointed out to them thst Trump can say the US is at war so no more elections until 18 months after all wars end. Of course that blew their Z cancelled elections is good meme out of the water.

Then it all gets worse. Turn off msm. Think it all through yourself.

Repeating the same lie over and over  won't make it true.

It's not Z who cancelled the election. It's the Ukrainian constitution.

But don't let truth get in the way of good Russian propaganda! 

[candide]

4 minutes ago, SunnyinBangrak said:

The guy is completely economically illiterate. He famously claimed the preCovid Trump economy was worse than the Great depression. No basis in reality whatsoever.

Still making stuff up..

[Middle Aged Grouch]

Biden was handing out billions to Ukraine which was far worse for America's finances. 

 

Not to mention his absurd sanctions against the cheap Russian oil that destroyed Europe's economy and by ricochet, also harmed the US economy and the global economy by a domino effect.

 

But try to make the leftist democratic woke liberals , admit reality...

 

Sure Trump for the moment is also very absurd with his attacks on Europe and his trade wars...but Biden was as bad if not worse.

[placeholder]

1 hour ago, SunnyinBangrak said:

An easy example of when every single so called expert was wrong. Some honestly, most like the mighty 51 knew they were lying. No guesses which side of the debacle you were on. The episode will forever be used as an example of dishonest narratives by the holier-tha-thou, the evils of censorship and the hivemind ingoring real corruption go chase the shiny object of Trump corruption which never materialized.

False. Experts outside the FBI weren't allowed to examine it. All that was offered was a printout of the texts.