Looks like your 401k is getting hit hard by Trump's new 100% Chinese tariffs.
I am sure glad my new Chinese built desktop arrived today. If it were twice the price, I would have walked.
Looks like your 401k is getting hit hard by Trump's new 100% Chinese tariffs.
I am sure glad my new Chinese built desktop arrived today. If it were twice the price, I would have walked.
Trump has one solution for everything when dealing with trade, tariffs. Tariffs up, tariffs down, tariff deadlines, and tariff deadlines extended. Could this be a TACO (Trump always chickens out) buy?
The Market dropped like a rock. So much winning!!
What triggered Trump to do that?
China stopped buying our soybeans, hiked port fees on US ships. and it also curbed shipping exports of rare earth minerals. It's a typical trade war pissing contest.
This year the S&P is up 11% and the NASDAQ is up 12.6% - Winning
Originally posted by: Nines
China stopped buying our soybeans, hiked port fees on US ships. and it also curbed shipping exports of rare earth minerals. It's a typical trade war pissing contest.
I guess Trump, like all bullies, was stunned when his victim fought back.
Originally posted by: tom
This year the S&P is up 11% and the NASDAQ is up 12.6% - Winning
Dang MAGA discovers the indexes again! They had no clue what they were from 2020 to 2024, although they were talking about it in 2022. Let's have a look!
S&P500 NASDAQ
2024 +25% +29.7%
2023 +26% +44.7
2022 -18.11% -33%
2021 +28.71% +26.63%
Let me guess, you just remember 2022, right?
Did you MAGA folks pull your money from the markets due to the predicted crash trumpeted by the right-wing media? Biden was coming into office, and it was all gold and ammo for the right-wing folks.
S&P up 11.4% YTD, and our Liberals are whining.
Originally posted by: Boilerman
S&P up 11.4% YTD, and our Liberals are whining.
Another MAGA discovers the S&P Index after 4 years, congrats.
You have reached MAGA level Golden Ostrich!