Dow headed for the worst April since the Great Depression

[Winco]

The market is up and I'm making money.

You are forgetting about that drop from 45,000 to 37,000.

 

[DBA]

You are forgetting about that drop from 45,000 to 37,000.

What did you do in 2022? Was that different because Biden was in office?

 

[Winco]

What did you do in 2022? Was that different because Biden was in office?

I did noting different.
I sat strong both times.

I just have to laugh at all the trump cult members crying in 2022, but screaming about 'buying opportunity' today.

It's the hypocrites that I despise.

 

[DonGlock26]

10 percent of the market has left.
That is a lot of hands

Not small investors, big the big money is finding better places for their wealth

Are you out?

 

[Slade3200]

Yes it does because the fundamentals will be better. Our economy will be stronger and less reliant on foreign countries. We will have a net gain on tariffs, even if we still have a trade deficit. It would have all been worth it.

Where were you in 2022?

We don’t gain off tariffs. Those are taxes that we US consumers pay. If Biden hikes your taxes and crashed the economy you’d be freaking out about it.

Trade deals could have been negotiated without crashing our markets and break trust with our friends and allies.

 

[rightwinger]

Are you out?

i am out over $35,000

 

[Marener]

Actually, no, but believe what you will.

What do you mean by "no"?

 

[DonGlock26]

That is what these trained MSNBC monkeys are doing. They don’t have a clue why they are selling other than some liberal, egg head economist with no real world experience told them that they were doomed.

They can sell their stocks and I will buy them up.

 

[DonGlock26]

i am out over $35,000

Pull the plug. Put what's left into Ukraine's defense.

 

[Marener]

The faith you have that it won't is blind partisan faith.

No reason to bicker. Lets wait and see who is correct. Deal?

It's not as though I'm alone. The fact that the market backs me up.

We don't need to "wait and see" if a terrible idea is going to pan out. Sure would be nice to avoid all the damage that it's doing. We are talking about real harm to real people here.

 

[Nobody911]

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.

Dude, Trump and American politicians are not idiots! Lol.

Corruption exists because of legal loopholes, and politicians like Trump will certainly exploit these loopholes for personal profit.

Why?

Congressional Insider Trading Exists and Is Regulated
Members of Congress and their spouses have access to nonpublic information through their official duties, which can influence stock and bond markets. The STOCK Act, passed in 2012, explicitly prohibits members of Congress from using nonpublic information for private financial gain, including insider trading47.

Legislation and Enforcement Issues
Although insider trading by politicians is illegal under the STOCK Act, enforcement has been weak. The penalties are minimal (e.g., $200 fines), and no member of Congress has been prosecuted for insider trading under this law28. This has led to widespread criticism that the law has failed to prevent or punish insider trading by lawmakers.

Ongoing Legislative Efforts
Due to continuing concerns, new bills have been introduced to ban members of Congress and their families from trading individual stocks altogether, requiring divestment into blind trusts or mutual funds to avoid conflicts of interest156. These efforts reflect recognition that politicians currently can and do engage in stock trading that may be influenced by insider knowledge.

Transparency Requirements
The STOCK Act requires members to publicly disclose stock trades exceeding $1,000 within 30 to 45 days, but this delayed reporting and lack of real-time disclosure limit transparency and enforcement3.

Summary

US politicians do have the potential and opportunity to engage in insider trading related to stock and bond markets, and laws like the STOCK Act exist to curb this practice. However, enforcement is weak, penalties are minimal, and insider trading concerns persist, prompting ongoing legislative efforts to strengthen restrictions. Therefore, it is correct to say politicians have something to do with insiders in these markets12345678.

sources:
1. https://www.congress.gov/bill/117th-congress/senate-bill/3504
2. Congressional Stock Trading and the STOCK Act
3. Politician Trading: If You Can't Stop Them, Join Them | Alerts and Articles | Insights | Ballard Spahr
4. STOCK Act - Wikipedia
5. https://www.npr.org/2024/07/10/g-s1-8989/bipartisan-stock-trading-ban
6. https://www.congress.gov/bill/118th-congress/house-bill/1138
7. https://pmc.ncbi.nlm.nih.gov/articles/PMC9560883/
8. https://www.bu.edu/rbfl/2023/05/17/insider-trading-by-members-of-congress/

 

[DBA]

What do you mean by "no"?

No, we were not on a sustainable pathfor success.

 

[DBA]

It's not as though I'm alone. The fact that the market backs me up.

We don't need to "wait and see" if a terrible idea is going to pan out. Sure would be nice to avoid all the damage that it's doing. We are talking about real harm to real people here.

Sorry, but the market drop is not in line with earnings or the fundamentals. If you're one of those people who have fallen victim to the fear mongering from many on the left, sorry. You're not alone that's why the market has fallen. Nothing has fundamentally happened to cause it to drop. It's nothing but fear. Fear of things that are not going to happen.

If you want to blame anybody, blame the left wing media for freaking out and causing others to freak out and turn causing the market to fall.

I'm not going to keep saying it. Wait and see. We will be better off in the not-too-distant future. Hopefully the stock market and the economy will flourish. I won't hold my breath for you or the media to thank Trump but I don't really care.

 

[Lisa558]

Sorry, but the market drop is not in line with earnings or the fundamentals. If you're one of those people who have fallen victim to the fear mongering from many on the left, sorry. You're not alone that's why the market has fallen. Nothing has fundamentally happened to cause it to drop. It's nothing but fear. Fear of things that are not going to happen.

If you want to blame anybody, blame the left wing media for freaking out and causing others to freak out and turn causing the market to fall.

I'm not going to keep saying it. Wait and see. We will be better off in the not-too-distant future. Hopefully the stock market and the economy will flourish. I won't hold my breath for you or the media to thank Trump but I don't really care.

I can’t decide whether to buy a couple of individual stocks that have been beaten down by a third - like NVDA and UHC - or just plunk some money into a broad index fund and call it a day.

Decisions, decisions.

 

[DBA]

i am out over $35,000

I am down in some of my investments way more that but I didn't sell. If you sold the dip, you weren't very smart.

 

[Marener]

No, we were not on a sustainable pathfor success.

Why not?

 

[Lisa558]

i am out over $35,000

You’re small potatoes compared to me. I am down a multiple of that.

It’s still a buying opportunity. My holdings will come back, and I’ll be able to pick up some new bargains right here.

The only problem would be people who rely on current stock prices to sell and pay expenses. But smart people always have cash available so they’re not forced to sell, or have set up a guaranteed income stream.

You are a government pensioner, so taxpayers have you covered. I bought an annuity which, combined with my SS, covers my basic expenses. I’m selling NOTHING at this point.

 

[DBA]

Why not?

32 trillion on debt and rising. This can be tackled by combination of reducing our trade deficit and/or collecting more tariffs, lowering taxes and cutting spending. None of those things were going to happen under Biden or Harris.

Are you trying to make the argument that we were doing well and tariffs have changed the fundamentals? They haven't. What has changed is people freaking out for no reason.

 

[Marener]

Sorry, but the market drop is not in line with earnings or the fundamentals. If you're one of those people who have fallen victim to the fear mongering from many on the left, sorry. You're not alone that's why the market has fallen. Nothing has fundamentally happened to cause it to drop. It's nothing but fear. Fear of things that are not going to happen.

If you want to blame anybody, blame the left wing media for freaking out and causing others to freak out and turn causing the market to fall.

I'm not going to keep saying it. Wait and see. We will be better off in the not-too-distant future. Hopefully the stock market and the economy will flourish. I won't hold my breath for you or the media to thank Trump but I don't really care.

Tariffs happened. They actually happened.

 

[XponentialChaos]

What about eggs?

Good luck explaining that to the voters who are giving Trump a bad rating on the economy.