Trump said he's not ruling out a recession, so now markets are starting to price it in.Yikes...what happened today?!
Trump said he's not ruling out a recession, so now markets are starting to price it in.Yikes...what happened today?!
To be fair, we all know a crash is coming.Trump said he's not ruling out a recession, so now markets are starting to price it in.
Seeing Tesla crash is the best part about it but even after the falls it is still crazy expensive.Although I've sold most of my USA stocks it was too late. Even when I mentioned it before this real fall.
Only saving grace is that - 3x on tesla and plantir. It's not been enough to mitigate the losses from getting out too late. But it's satisfying seeing tesla crater. Not from a money gain perspective. Just to see the pain delivered clearly by association of telsa and musk and teslas cratering sales.
I just wonder whether all these are so that the big sharks can hoover up all the stocks at a lower price and just shoving the average joe
I laugh...but was thinking exactly the same thing.I didn't want to look. But I looked. Oof.
You have to wonder where the bottom is.S&P nearly at 56XX now. Utter carnage.
It feels that way when you get a red day like this but the facts are that the S&P500 is only down 7.7% in the last three months so we haven't even hit the 10% correction threshold yet. Plenty downside to come potentially. For context it's about the same size as the pullback in August when the Japanese carry trade spook happened.S&P nearly at 56XX now. Utter carnage.
The other explanation is that he's just freelancing and doesn't understand that loose talk costs lives. Hard to know with him at times.
I doubt it will bounce back up again this time though. This has further to run IMO, and could easily be a correction and more.It feels that way when you get a red day like this but the facts are that the S&P500 is only down 7.7% in the last three months so we haven't even hit the 10% correction threshold yet. Plenty downside to come potentially. For context it's about the same size as the pullback in August when the Japanese carry trade spook happened.
I fully recommend that approach. For me it's like one of those slow motion car crashes where you know you really shouldn't look, but can't help it!still not looking....![]()
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