Market continues to crash

dontwastetime

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To think that ONE PERSON'S misconception of what "Tariffs" are can do all these damage. Education is very important

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Mechafanboy

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Donald has no empathy one. This is what happens when you have a leader who has no self control and gives no shiat about his own peepur.

Fires federal employees, wants to shut down the department of education. Proposes cuts to social security. And Tariffs... So much damage to his own country. MAGA, Make America Grief Again.
 

BMWguy

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Donald has no empathy one. This is what happens when you have a leader who has no self control and gives no shiat about his own peepur.

Fires federal employees, wants to shut down the department of education. Proposes cuts to social security. And Tariffs... So much damage to his own country. MAGA, Make America Grief Again.
One thing strange... He so solidly side with Putin. U never hear/see him criticise Putin, he only criticise Europe/Ukraine/Canada/Mexico only.. strange isn't it

I think either he scared of Putin or he really a spy for Russia

and suddenly half of Americans (Republicans) are now pro-Putin/Russia after decades of anti-Russia. Last time under Reagan, Republicans are the one who were the most anti-Russia one..
 

BunnyPancake

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Few reasons...


ECB reduced interest rate, they also said their inflation is under control, .etc. So investors may just be moving over to EU stocks instead.

Alibaba announced their new AI model, and they claim it uses way lesser processing power, .etc. This hit tech sector hard.

Trump may scale back on Mexico and Canada's tariffs. So now people feel Trump is all talk nia, and his tariffs seems to be backfiring. So despite the news today that they are considering lifting or postponing the tariffs, there was no market recovery.

Concerns about NFP data tomorrow.
 

cyke69sg

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Best is crash until people give up. Don't even talk about DCA.
GIVE UP.
Yeah that would be time to buy.
Cash is KING!
 

BunnyPancake

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Best is crash until people give up. Don't even talk about DCA.
GIVE UP.
Yeah that would be time to buy.
Cash is KING!

Whenever I hear people say things like "DCA" or "buy the dip" when the market is obviously undergoing a correction or when the market sentiment is bad, I be like "huh? sml j?"

Of course, if they really going for long-term investing, then ok... But why catch a falling knife...
 

AuraKUPO

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How many people tonight got slaughtered? Really a bloody mess
 

itedino

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Trump all out to dampen the economy. High tariff of course less spending
 

LoaGong12

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Few reasons...


ECB reduced interest rate, they also said their inflation is under control, .etc. So investors may just be moving over to EU stocks instead.

Alibaba announced their new AI model, and they claim it uses way lesser processing power, .etc. This hit tech sector hard.

Trump may scale back on Mexico and Canada's tariffs. So now people feel Trump is all talk nia, and his tariffs seems to be backfiring. So despite the news today that they are considering lifting or postponing the tariffs, there was no market recovery.

Concerns about NFP data tomorrow.
trump made it clear in his speech to congress yesterday tariffs will stay. watch the whole speech .
he ACKOWLEDGED there will be “ adjustment” in the short run ie codeword for pain but i wonder if he is really dumb or just acting so by insisting to journalist that China ( and others) will pay for tariffs and not US consumers.
and whether he is dumb enugh to not realise US consumers will suffer and lead to weaker consumer confidence.
his tariffs are blankets -no way textiles etc will be made in US !!!
 
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