Wtf is going on
They are literally pumping and dumping the stock market as a whole. It’s market manipulation by tariff as they make bank on peoples fear.
announce tariffs > market uncertainty > sell off stocks > value goes down > buy the dip > pause tariffs > markets recover > laugh all the way to the bank
or something like that
That, plus you can short stocks without even holding any
Simply buying VIX will work too.
This isn’t really Pump and Dump though, it’s more like “Dip and Rip”
Began it has, the war on greed.
Two rules. Only buy. No sell.
That’s what I did. I rebalanced my stock allocation from 50% to 80% and put a few thousand more in the market.
General known info would be that lump sum beats DCA 2 out of 3 times. Well, we’re after a crash. So I just am pumping everything into it.
Into European stock tho, not touching crazy.
But for anyone reading this: keep an emergency buffer of 6 months on your savings account. Your choice if that’s 6 months expenses or 6 months income.
If you get fired, you have unemployment benefits, if you get sick you get sick pay.
We have the ability to seek a bit more risk in our private lives.
I hedge my bets and do both. I deposit a regular amount regardless of what happens but will throw in a bit extra when it’s clear there is a dip. I prefer the international ETFs also. Can’t go wrong being more diversified.
Double recommend the emergency fund. I have 6 months income but with the current volatility and that fact that I live in this American shit hole, I may want to start contributing more to it to get 9 months at least. But since I have 6 months already I’m fine with not missing this opportunity to buy the dip.
I only wish I had waited a week to make my yearly IRA contribution. I generally do a lump sum for that since I just max out the contribution for the year with my bonus mainly because it’s easier to keep track of. This event makes me want to rethink that strategy since I missed the dip on that by a week. It probably doesn’t matter that much though since I can’t touch my IRAs for around 30 years anywho.
The DCA method. They say time in the market beats trying to time to market.
But in these times, it’s obviously those with money outside of the market that have the biggest gains.
COVID had a one month crash. Then here in Europe we had the energy crisis bear phase.
But between the financial crisis and COVID it went relatively smoothly.
Future can’t be predicted. DCA or building up a lump sum for a bear phase. No idea which of the two is the best option.
The latter is probably the safest one.
Diamond hands 💎💎💎💎
Wԋαƚ’ɾҽ ყα Ⴆυყιɳɠ
Bought lu908500753 at 221 each for 84 pieces.
Let’s see what happens today
These swings are good opportunities to harvest losses if they cause any and you can move into something else that’s similar.
Like from a Blackrock 80/20 fund to a fidelity 80/20 fund or whatever it would be.
Minimal risk but you can still realize a loss.
I was going to do that until he of course undid it today. My timing was off unfortunately.
Chaos. And it’s intentional. It makes the US vulnerable.
I disagree. While many of his sicko fans may be pushing towards this goal, Trump, himself, is far too incompetent, stupid, and demented to understand the point of what ever he is, he does. He reacts at a pure emotion, and this play will obviously end him And all of us in a much worse position. He’ll still convince him, Self he’s winning, though, and every sycophant around him will vociferously agree.
The only way to stop any of this is if Trump, and his entire cabinet, are dead. I’ll leave it up to you to figure out how that should happen.
Oh stop that. He knows exactly what he’s doing. It’s a reverse pump and dump to make insiders more money, while also destabilizing the global economy to help Russia.
I never said that he didn’t know what he was doing, although I will say that now. He clearly stated a motive for what he’s doing and what he’s doing is never ever going to achieve that. So the only explanation is that he is both mentally deranged in several different ways, but also highly influenced by his sicko followers.
I wonder if all this is just a distraction for something else… no idea what though.
After 2016, you should no longer wonder. It abs-o-fucking-loutley is a distraction for something (everything) else. And if you wanna know what it’s a distraction for, pay closer attention.
Currently, there are several terrifying crises that Trump has created: an immigration crisis, an import/export crisis, an economic crisis surrounding taxation, and an impending climate crisis. Everything he does is to distract from one thing or another, because he’s trying to ram through Project 2025, which is basically trying to re-legislate everything that the entire world is progressed away from over the last 150 years. Why, because the insane capitalist who want these regressive policies are the ones who also kisses ass to the point that he will do whatever they want.
How do you fight against any of this? Fight against all of them. But don’t expect that the judiciary or the legislative branch will accomplish that goal.
Trump has to be eliminated from any position of power. Forever. That’s the only way to begin any hope of reformation. And even if not reformation, just stopping it from becoming worse. Same goes for any ally of his, no matter how temporary, and including anyone who ever voted for him, or thinks that he is capable of anything other than a catastrophically destructive and fascistic authoritarian control of this country that will nearly immediately lead to its destruction
Thanks for the explanation.
It doesn’t much matter whether he has a plan to destroy the USA or whether he is a dumbass being manipulated by others with a plan to destroy the USA, or whether the manipulation is mainly based in blackmail or narcissistic pride. The overall result is the same.
The fourth possibility you failed to consider, or at least did not include in that list, is that he has such a demented, egotistical, dumb fuck, that he is doing what he’s doing for those reasons.
But you’re correct: the result is mostly, if not completely, the same.
This person gets it
It’s not intentional…
His first term had people managing him and stopping him from doing this shit.
This term is all people egging him on
He thought countries would rush to negotiate, instead they called his bluff. So now he’s vaugely saying “everyone” has been negotiating so he’s pausing everyone but China.
He wants every country to think they’re the only one not negotiating, when really no one is.
trump isn’t that hard to predict. 80s sleazy business practices are way more likely than some convoluted scheme to crash everything.
Putin wants him to, and trump is gonna do it. But at no point will trump be crashing the US economy intentionally, he’s genuinely doing his best right now.
And that’s way fucking scarier
Quick edit:
Even this 90 day pause, it’s almost certainly just because they saw the bounce from that fake tweet, and knew it would at least cause another bump if they really did it
They’re fucking idiots with no clue what they’re doing.
At this point, I am convinced it’s a pump and dump scheme, still ongoing, too. It only takes a few people in the know of when and where the news break about the tariff supsension, to seriously make a killing on the market, on the backs of others. Trumpists can now also (for a while) feel like their God has saved them again and never steered them wrong, or curse their momemts of doubt, when they did not buy yesterday, as their prophet called for.
It is a mixture of incompetence, impulsivity, but I am certain at this point, a huge chunk of it is outright corruption and cult tactics.
I honestly believe it is intentional as well. The 90 pause that went around social media the other day wasn’t a mistake it was a leak.
They’d be stupid to not be financially gaining from their intentional manipulation. We hired an entire administration of grifters, what else should we expect?
He literally announced on Truth Social now is time to buy right before he announced the change.
There’s no arguing about it. The intent is to manipulate the market to make his friends rich.
Any bets that it will take less than 90 days before we get the next tariff circus?
I feel like it’s just going to be round 1 of Canada and Mexico all over again. The pause for them didn’t make a difference. He said “let’s make a deal”, Canada and Mexico made a deal, and then 30 days later the tariffs began regardless.
No one is making deals this time because everyone knows they won’t affect the outcome. What is affecting the outcome is making threats. So either he just stubbornly waits it out, getting nothing in return before they happen anyways, or he chickens out and walks it all back.
You say that like the first one isn’t still happening.
2+ million shares of SPY were traded in 3-4 minutes an hour before it broke. Had been pretty much flat since opening for the day. It’s fucking blatant.
And there’s only a neutered SEC left to investigate.
Wtf is going on
A psychopathic criminal regime has taken over the US.
And by and large the electorate is fine with it
They’re openly doing insider trading
End stage capitalism
Ineptitude.
Government by a delusional malignant idiot clown.
An entire administration of delusional malignant idiot clowns in fact…
The US is a clown country, no more pretending otherwise.
He’s a demented rapist who should be nowhere near government.
Trump is a dumb fuck who got called on a shit by someone he couldn’t force into doing what he wanted. So, like any bully, he’s “changing the agreement” to appear that he is still in power. Which, obviously, he never was.
Trump told his friends to short their stocks, announced tarifs to crash the economy, they all made tons of money.
Had everyone buy low, announced pause on tarifs, made tons of money again.
I really hope its that way, and not just trump being batshit crazy and having no idea or plan what to do.
HEYYEYAAEYAAAEYAEYAA
They wanted to extort other countries but they are too stupid to execute something like this. They used ChatGPT and fake experts to come up with this ‘plan’ and it failed. Now they are bailing. In couple of days they will start droning Mexico or Israel will start another ground invasion somewhere to cover this fuckup with another one.
I guess the strategy of USA is based on D20 dices. That would be my best guess.
I think we all know Trump can’t use a dice any larger than a D6 without severe confusion. Hell, might have to scale that back to a coin flip.
South Park already explained how the US government determines economic policy…
Update: It was all a market manipulation scam, to make his pals richer.
Pure idiotic fuckery is what’s going on and the idea of a market rebound is hilarious to me because even without global tariffs there are plenty of other things he can do and IS doing to create instability in the USA. He’s gotta go, the sooner the better.
Tariffed countries slapped the woke out of trump and his woke tariffs.
Trump is fighting against himself, and he is losing.
This is blatant market manipulation, he and his cohort are laughing their asses off getting richer than ever
Until someone puts a bullet through their face.
Honestly, they seem too stupid to have even that much of a plan.
When I played Pokemon as a kid, I would get so mad when my Pokemon ‘hurt itself in confusion’. I thought, how the hell is that even possible. But now I see it first hand…
This just proves that US tariff policies are unstable.
Why would any company move production to US based on tariff then? Imagine spending money to move a factory from China to America, and the next month tariffs flip flop and your competitor laughs at you all the way to the back counting earnings from their Chinese imports.
Dems just need to say that their candidates will drop all new tariffs like this. Which is goofy (repubs pro-tariff, dems anti), but it incentivizes them to not go along with any of this, medium/long term
Whatever Democrats say, it will just contribute to uncertainty which is what the comment you replied to was all about.
Remember when flip-flopping was bad for a politician?
No, but this is the art of the deal™
(/s in case any dumbass is reading this. There is no art and he made no deal, except the deal with his criminal friend to do insider trading)
Flip-flopping in and of itself isn’t bad.
What it is - is a symptom.
A symptom of being an absolute dumbass. Now that is what’s bad.
So he’s giving the other countries a 90 day reprieve to seek other trading partners? Ones that aren’t dictated by a toddler who thinks random mood swings are the basis of a sensible foreign trade policy? Smart move, trump.
Probably less. He could change his mind at any time.
seems like he learned his negotiation skills from the scene in Blazing Saddles where the black sheriff points a gun to his own head. “Do what he says! Do what he says!”
This is so stupid. He announce tariffs, markets tank. He pauses, markets rebound. He then imposes tariffs, markets tank. He pauses… oh he’s jerking off everyone. got it.
I’ll give you one guess when he and his cronies are buying and selling stocks.
I’m beginning to think Wall Street and this stock market thing might involve scamming and fraudulent activity… Maybe crypto too…
🌎🧑🚀🔫👨🚀
Yeah, but here is the tragedy to all that: It is still also deciding, which things get the capital investments necessary to exist, and the livelihood of people has been entangled with that shitshow to an absurd degree.
Sometimes I almost love that I am already at subsistence level disability payments (in a European Welfare state, so thankfully, not in danger of starvation or anything) without any real wealth beyond day-to-day living expenses, there’s not that much for me to lose every time this shit happens.
Unless you own a lot of stocks and shares, then a bit of insider trading is really working out well
Just whacking it into his own mouth while the looney tunes factory music plays
To add to that chaos, the announcement that there was a 90 day pause was not even true. It was tweeted by Steven Bloomberg or something and markets rebounded because it spread all over Twitter and outlets started reporting it, but he never said it so they sank. Did he actually end up announcing a 90 day pause now? So now they’re back up? The fuck?
What else is happening in the domestic issues while we look at international trade and our retirement portfolio?
Personally I’m siding with China he’s going to hit the rest of us again in 3 months again. This is blatant stock manipulation in my opinion and he should be jailed for both that and treason.
China can respond by immediately n stop all shipments
Pure fucking market manipulation.
At this point I kind of hope China goes nuclear and implements a complete import and export ban with the United States. China has the social infrastructure inplace and debt head room to borrow their way out of any kind of financial crisis. The United States does not.
China uses debt differently. Local governments are not allowed to borrow money directly, so they use companies to borrow money for public works. The system is called local government financing vehicle(lgfv). They usually get land, which they sell or lease to get some money or to secure loans. It is usually understood that local governments would bail lgfv out. The issue with lgfv is that they owe more money then the GDP of China and it is secured with mostly real estate, which is somewhat on the edge of crashing. Chinese real estate is crazy overvalued, so popping that bubble can hurt China badly.
The difference is that China is in a trade war with the US. The US is in a trade war with the rest of the world.
This is one of the better explanations on the China debt + real estate connections I’ve read. Thank you
China exports a lot. The libs on lemmy are lying to themselves if they don’t think this is going to hurt China in any way. It’s likely going to be harder on them in fact.
Is America the only country on the planet?
You seem to forget that the EU and China are starting to mingle; and that China is heavily involved in Africa et al via the Belt&Road Initiative.
Obviously everyone gets hurt in it a trade war, that’s why it’s called a war. But the the long term outlook for China is significantly better than America’s - they will win a war of attrition.
China is also doing their due diligence. Tit-for-tat is the most effective negotiation strategy, you will not beat physics, and they understand this.
The craziest part is that both America and China were benefiting immensely off of the status quo, considering they were the #1 and #2 richest countries on the planet. But since the least qualified person on the planet to handle money (Trump) has unregulated power, it has all gone to shit.
Is America the only country on the planet?
Don’t be shitty
Yes, they export a lot, but this would only be to one country. The US is likely their biggest trade partner by a large margin, but they could still trade with 176 other countries.
It will hurt them but not cripple them. The US gets SO MANY things from China that it would cripple our country. Every computer chip outside of the TSMC fabs, every junk toy, half our clothing, tons of car parts, everything sold at Harbor Freight and Home Depot, cell phones, etc. They’ll still be able to sell those to the rest of the world, but the US would have to switch up our entire global supply chain. It would take years to recover.
Yes, they export a lot, but this would only be to one country. The US is likely their biggest trade partner by a large margin, but they could still trade with 176 other countries.
You say that like they aren’t already. Are those 176 other nations prepared to make up the slack that the US isn’t buying?
It will hurt them but not cripple them.
This was, in fact, what I said. That it would hurt them. People seem to be reading some fan-fiction version of what I said that involves the US destroying China or something.
Haven’t seen anyone saying that.
China’s financial instability and housing market issues are going to make them vulnerable. That said, the world does more trade with China than America thanks to global Western companies outsourcing all their manufacturing there (thus screwing blue collar workers in their home countries).
That same world is now slightly more interested in punishing America thanks to the Trump regime. If he doesn’t revert to previous agreements in the next 6 weeks or so, then I’d expect a global recession is coming not too far down the track.
I would say at this point the global recession is coming even if he would revert to the previous agreements because you can’t just regain trust like that.
Meh finance people are pretty forgiving as long as the money is streaming in. Which is part of why they’re not trust worthy.
But yes, Trump has damaged perceptions of the US as a stable democracy no matter what. So whether he leaves peacefully and wherher people further left get back in and make amendments against future trumps is the real decider of the future of the world.
Given he’s already aligned himself with Steve Bannon’s third term idea, it’s not looking good for the future of Pax Americana.
Next up: A mix between Pax Europa and Pax Sinica (China).
This is hard on the whole world in a way that nobody is going to come out hurt less in any meaningful way.
Only one country doesn’t see that.
Everyone will be hurt badly by this, it is just the US that will be hurt worst of all because they started a trade war with literally everyone at the same time AND turned themselves into a hostile environment for migrant labor AND reduced spending on education.
The US also based their global economic position on the fact that they were the only major country left standing after World War II. The rest of the world has rebuilt itself since then but America stayed on top because they were too big to fail. If they fail anyway they’re never going to recover, since the circumstances that they originally benefited from don’t exist anymore.
Reply to some of these comments big guy cmon
I owe them and you absolutely nothing.
Isn’t export to the US only like 3% of Chinas gdp though?
So if the other day was liberation day, then today is…?
Capitulation Day
Decapitation Day.
Profit like a motherfucker day.
You think he doesn’t have someone buying the stocks he tanked just before his announcement.
“I am bleeding, making me the victor”
Face to foot style, how’d you like it?
Praise God other people see this connection! A friend and I have been referring to the GOP as Wimp Lo for the last couple of years and are always sad when others don’t get the reference. It’s perfect!
Trump’s tariff policy is like the Windows file copy dialogue.
Now, I’m not an economist but it looks like orange pile was just testing how he could fuck around the economic beehive. I’m gonna get my money out after it recovers and a few days before the orange pile tries anything again. Probably I should move my retirement money overseas?
I’m looking around for other strategies.
Go 100% on BTC, no regrats.
Edit: Yall, this was sarcasm lmao. Don’t fucking buy BTC.
LOL
The stock dropped enough, now the harvesting can Start.
yep, you are freaking right.
No, they haven’t even got started yet. This is the advertisements before the show, people are still sitting down and buying snacks.
You’ll love your $2250 iPhone and you’ll be happy
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