• Not_mikey@lemmy.dbzer0.com
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    3 hours ago

    Eh, 1.5% on a day isn’t too much to write home about, especially since it’s back up 1% today. If you expand it out to the 4% drop on the past month then it looks a bit worse but not catastrophic. The tarriffs definitely aren’t good for the economy but they’ve been expected for a while and have been priced in. All the big losers on the tariff war took there big hit back in November

    • IninewCrow@lemmy.ca
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      9 hours ago

      Exactly … they have control of the Stock Market Casino now

      Drive everything into the ground … wait for cheap prices … buy low … let everything calm down for a while and hike up again and then start the cycle all over again

      Keep doing it until you’ve sucked all the money out of the land and from everyone.

      Win the universe.

  • orbituary@lemmy.dbzer0.com
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    9 hours ago

    I sold my entire portfolio yesterday while I was still at 2% above my lifetime gains. It may come back again one day, but I’ve already eaten my hat once for this cock-wrinkle, I’m not going to go under again. I’ll reinvest in something more durable.

    • ashenone@lemmy.ml
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      3 hours ago

      A quality guillotine just needs regular oiling, sharpening and the occasional rope replacement and will last a lifetime. Very durable indeed.

  • peregrin5@lemm.ee
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    9 hours ago

    I never thought to look up what S&P stood for. “Standard and Poor’s” lol.