Dow headed for the worst April since the Great Depression

[yidnar]

The Trump rout is taking on historic dimensions.

The Dow Jones Industrial Average shed almost 1,000 points on Monday and is headed for its worst April performance since 1932, according to Dow Jones Market Data. The S&P 500’s performance since Inauguration Day is now the worst for any president up to this point in data going back to 1928, according to Bespoke Investment Group.

Worries about trade restrictions and the prospect of President Trump firing Federal Reserve Chairman Jerome Powell have investors bracing for greater losses ahead. Corporate earnings reports are rolling in, along with executives’ tariff-dented outlooks for the months ahead. Few think the administration’s negotiations with trade partners will yield results soon enough to ease the strain.

Meanwhile, counterweights that usually strengthen when stocks fall—such as government bonds and the U.S. dollar—are also under pressure, leaving investors with few havens to wait out the storm.

“It’s the hallmark of the ‘no confidence’ trade,” said Scott Ladner, chief investment officer at Horizon Investments. The Charlotte-based firm trimmed its U.S. equity position several weeks ago to favor more international stocks. “It’s impossible to commit capital to an economy that is unstable and unknowable because of policy structure.”

https://www.wsj.com/finance/investing/dow-jones-stocks-worst-april-1932-74fe82ac?mod=hp_lead_pos1

********************************************

Because of Trump’s idiocy, we are no longer taking about recession but depression.

As most of us know who are not in the MAGA cult, Trump is stupendously inept and incompetent. The Trump Regime has caused chaos in this nation and around the world. Since Trump’s election our standing around the world has all but disintegrated.

It is time the nation realizes, as the markets increasingly realize, that Trump is an irrational actor.

The warning signs are everywhere. A stock market in free fall and a bond market on the verge of collapse.

Even the WSJ acknowledges this reality.

https://www.nasdaq.com/articles/stocks-climb-trade-deal-optimism-and-strong-q1-earnings

 

[DBA]

Attempting to time the market is a common way to underperform.

Having cash ready to invest is always sound advice.

 

[Marener]

Having cash ready to invest is always sound advice.

It really isn’t and that hasn’t been good advice for decades.

Time in the market always beats timing the market. That cash sitting on the sidelines isn’t doing anything. If it’s just waiting for a dip, its already missed lead up to the dip and you’ve underperformed.

 

[DBA]

It really isn’t and that hasn’t been good advice for decades.

Time in the market always beats timing the market. That cash sitting on the sidelines isn’t doing anything. If it’s just waiting for a dip, its already missed lead up to the dip and you’ve underperformed.

I didn’t say you shouldn’t have the bulk of your money invested in the market. But having cash on the side to buy further into the market when great deals suddenly arise makes perfect sense. Every seasoned investor does this. You don’t want to have to sell something you weren’t planning on dumping to buy the bargain. You want to be able to buy the bargain straight up.

 

[Lisa558]

It really isn’t and that hasn’t been good advice for decades.

Time in the market always beats timing the market. That cash sitting on the sidelines isn’t doing anything. If it’s just waiting for a dip, its already missed lead up to the dip and you’ve underperformed.

Actually, the last couple of years, cash sitting on the side was earning 5%. Pretty decent to be paid while you sit and wait for a good opportunity.

 

[LAUGHatLEFTISTS]

It's just a symptom of the overall disease. Business are going to start going under. People are going to struggle big time.

All over Trump's ego.

Nope. It’s Falling Down *Joes 22% inflation.

 

[DBA]

Actually, the last couple of years, cash sitting on the side was earning 5%. Pretty decent to be paid while you sit and wait for a good opportunity.

Exactly what I do. I have money in a high-yield savings account earning a risk free ~4.5%. I can very quickly and easily move it to my brockerage account if needed. Some brokerage accounts are offering very good rates now too because they know that investors like to have money sitting on the side.

 

[DBA]

It's just a symptom of the overall disease. Business are going to start going under. People are going to struggle big time.

All over Trump's ego.

Boy are you going to be pleasantly surprised.

You have been sold a lie.

 

[Lisa558]

Boy are you going to be pleasantly surprised.

You have been sold a lie.

The sad thing is that when businesses take off, and the market rebounds, he will NOT be pleasantly surprised. He’s rooting for failure.

 

[DBA]

The sad thing is that when businesses take off, and the market rebounds, he will NOT be pleasantly surprised. He’s rooting for failure.

As long as they can spin it to make Trump look like a failure, they will be ok with it. They will NEVER, EVER give Trump credit if the economy takes off. There will be some excuse as to how this tariff thing had nothing to do with it, how x,y,z happened that rescued Trump from his own policies, etc, etc. Their programming will not allow them to deviate from the hate Trump narrative under any circumstance.

 

[Carl in Michigan]

The Trump rout is taking on historic dimensions.

The Dow Jones Industrial Average shed almost 1,000 points on Monday and is headed for its worst April performance since 1932, according to Dow Jones Market Data. The S&P 500’s performance since Inauguration Day is now the worst for any president up to this point in data going back to 1928, according to Bespoke Investment Group.

Worries about trade restrictions and the prospect of President Trump firing Federal Reserve Chairman Jerome Powell have investors bracing for greater losses ahead. Corporate earnings reports are rolling in, along with executives’ tariff-dented outlooks for the months ahead. Few think the administration’s negotiations with trade partners will yield results soon enough to ease the strain.

Meanwhile, counterweights that usually strengthen when stocks fall—such as government bonds and the U.S. dollar—are also under pressure, leaving investors with few havens to wait out the storm.

“It’s the hallmark of the ‘no confidence’ trade,” said Scott Ladner, chief investment officer at Horizon Investments. The Charlotte-based firm trimmed its U.S. equity position several weeks ago to favor more international stocks. “It’s impossible to commit capital to an economy that is unstable and unknowable because of policy structure.”

https://www.wsj.com/finance/investing/dow-jones-stocks-worst-april-1932-74fe82ac?mod=hp_lead_pos1

********************************************

Because of Trump’s idiocy, we are no longer taking about recession but depression.

As most of us know who are not in the MAGA cult, Trump is stupendously inept and incompetent. The Trump Regime has caused chaos in this nation and around the world. Since Trump’s election our standing around the world has all but disintegrated.

It is time the nation realizes, as the markets increasingly realize, that Trump is an irrational actor.

The warning signs are everywhere. A stock market in free fall and a bond market on the verge of collapse.

Even the WSJ acknowledges this reality.

Democrats are jumping out of windows everywhere!

 

[Lisa558]

As long as they can spin it to make Trump look like a failure, they will be ok with it. They will NEVER, EVER give Trump credit if the economy takes off. There will be some excuse as to how this tariff thing had nothing to do with it, how x,y,z happened that rescued Trump from his own policies, etc, etc. Their programming will not allow them to deviate from the hate Trump narrative under any circumstance.

So true, and it’s gotten even worse since he was elected.

I’ve known a couple of people who have said they have a mental disorder - a sickness of some sort. I believe it’s true.

 

[pknopp]

As long as they can spin it to make Trump look like a failure, they will be ok with it. They will NEVER, EVER give Trump credit if the economy takes off. There will be some excuse as to how this tariff thing had nothing to do with it, how x,y,z happened that rescued Trump from his own policies, etc, etc. Their programming will not allow them to deviate from the hate Trump narrative under any circumstance.

They? As in Fox News?

https://finance.yahoo.com/news/fox-host-trump-tariff-deal-020754472.html

 

[DBA]

They? As in Fox News?

https://finance.yahoo.com/news/fox-host-trump-tariff-deal-020754472.html

Yeah, Fox does have hosts that will criticize a Republican. Neat huh? You have been told they don’t do that, haven’t you?

As for Payne, he was simply saying that Trump should wait until there are wins, as in trade deals signed, before speaking. I don’t have a problem with that. Payne believes in the majority of Trump’s policies, as should most sane, US loving Americans.

 

[pknopp]

Yeah, Fox does have hosts that will criticize a Republican. Neat huh? You have been told they don’t do that, haven’t you?

As for Payne, he was simply saying that Trump should wait until there are wins, as in trade deals signed, before speaking. I don’t have a problem with that. Payne believes in the majority of Trump’s policies, as should most sane, US loving Americans.

Trump said countries were lined up to make deals. That does not seem to be a case. Watch, tariffs on China will be greatly lowered and China isn't going to sign a trade deal.

 

[JohnDB]

Trump said countries were lined up to make deals. That does not seem to be a case. Watch, tariffs on China will be greatly lowered and China isn't going to sign a trade deal.

India already has inked a deal.

We get access to their markets and they can sell to ours....their telemarketing scams however is the fly in the ointment.

 

[JohnDB]

Notice that they need the maintenance staff.

Those ARE the jobs of the future.

 

[DBA]

Trump said countries were lined up to make deals. That does not seem to be a case. Watch, tariffs on China will be greatly lowered and China isn't going to sign a trade deal.

What I am saying to you is that no matter how everything shakes out, our economy, the stock market and our country will be in better shape than it was before this all started. Isn’t that all that matters?

 

[pknopp]

India already has inked a deal.

Oddly I can find no such article to back that up.

 

[pknopp]

What I am saying to you is that no matter how everything shakes out, our economy, the stock market and our country will be in better shape than it was before this all started. Isn’t that all that matters?

Things will be largely unchanged.