Sunday March 30 1PM - futures down Dow down 900
My guess is at least 2K this week unless Donald Duck changes his mind on things.
Paging @windywave to the white courtesy phone.
The people that actually affect the markets are morons.
If Trump is quiet about tariffs for a week everything starts going up, like they have all forgotten that a guy with no frontal lobe is in charge.
Then Trump opens his mouth again and they all panic and the markets go down.
Idiots. All of them.
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Eminis aee down 77 bips…so …not Armageddon
This is all starting to sound like where my family sets the bar for my brother. As long as he doesn’t shit in the middle of the dinner table it was a good visit.
So as long as Trump doesn’t cancel the 2028 election AND start WWIII, AND crash the stock market by half, AND create the next great depression all of his critics were over reacting.
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Elon’s boys need to get to work on the Dow Jones because it’s clearly filled with inefficiencies
So stocks are up today…does that mean anything I have no clue other than the probability of a global trade war is down or already baked in
The current administration is phrasing this as the market has been “overvalued”, so it’s the perfect way to weather the storm as the market goes down. Once it’s back up it’s a “problem” they fixed.
No shit the market is overvalued…we had a decade of ZIRP and then several trillions dumped into the economy during Covid…couple that with laws requiring 401Ks and a reduced number of public companies
All that said it’s not this administration or any administration’s job to actively try to correct the overvaluation