this post was submitted on 07 Apr 2025
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[–] [email protected] 9 points 1 week ago (1 children)

Im noticing a pattern in the us where after hours the big money pulls out and then during the trading day the chumps buy the dip.

[–] [email protected] 2 points 1 week ago (2 children)

Isn’t it the best time to buy?

[–] [email protected] 3 points 1 week ago (1 children)

After it bottoms out, yeah.

But there's a saying: don't try to catch a Falling knife.

And this knife is still falling.

[–] [email protected] 1 points 1 week ago
[–] [email protected] 2 points 1 week ago (1 children)

it this is a dip yes, if its something that keeps going over the course of a few years like 2008 or the great depression then no but whoever trades outside of market times has been rather negative for the last week.

[–] [email protected] 1 points 1 week ago

I see, thank you!

[–] [email protected] 2 points 1 week ago (1 children)

Aight, of the 15% total crash, I'm 3,5% in it. Gonna put in the rest of my spare money next week and see the result.

That crash wiped out a year of gains, and I'm interested in the future. This is due to a few people in power, not because of tsunamis etc. So this can switch over in just a day.

Just cannot know when that day will be 👴🏻

[–] [email protected] 6 points 1 week ago (1 children)

This is due to a few people in power, not because of tsunamis etc. So this can switch over in just a day.

In my view, the damage is very real and businesses will keep suffering even if Trump winds down his tariff ambitions, because the uncertainty and unpredictability hinder investment decisions. For example, if you managed an aluminium business like Alcoa, would you put up the cash to set up new smelters in the US despite melting stock prices, high borrowing costs and the possibility that the tariffs shielding those US smelters from foreign producers are reduced or even scrapped altogether without warning? Many businesses are “damned if they do, damned if they don't”.

I'm sure there are smart plays in this market, but I'm also convinced that we've entered a bear phase.

[–] [email protected] 1 points 1 week ago

Nobody knows bruv.

Lump sum investing wins from DCA 2 out of 3 times, and well bruv.. the market crashed 15%. I'mma keep it for my child in my wife's uterus. I don't need the money.

Do what fits your goals

[–] [email protected] 83 points 1 week ago (4 children)

This wouid be my... Hmm... Third... I think...?... Once in a lifetime historical market crash. The 2008 one stole my teenage years.

You know, guys, I'm starting to get this strange feeling that our economic model doesn't really work.

[–] [email protected] 2 points 1 week ago

When the stocks are up, some guys can buy a new yacht, when the stock market tanks, poor people lose their jobs.

[–] [email protected] 6 points 1 week ago* (last edited 1 week ago) (1 children)

The model everyone should want is unionized-cooperatives for every existing and new company

Sharing all the profits in the company for all companies

Also, for those companies to stay private and not go on stock market if they want to stay sustainable, & grow well

That's the biggest thing that would change alot of stuff

[–] [email protected] 3 points 1 week ago (1 children)

I certainly want it. As a matter of fact, as of yesterday, I'm now a co-representative of my workplace's union club. I wholeheartedly stand for unionised cooperatives.

[–] [email protected] 2 points 1 week ago (1 children)

Good on you!!! Hope you can inform more people about them too so they can make their own unionized-cooperarite in their own company, or a new company

[–] [email protected] 2 points 1 week ago (1 children)

That's part of the job. Though here in Denmark we have very strong union laws to begin with. However, my particular job has a lot of foreigners in it, from places like Bangladesh (a country with very poor worker's rights), so informing them about the strength of unity and solidarity has been very productive.

[–] [email protected] 1 points 1 week ago

That's awesome, good on you all for helping other countries to have the same

[–] [email protected] 6 points 1 week ago

Unfortunately, it seems we’re reaping what we sow by switching from Keynesian to Neoliberal economics. It was going ok when the demand side had money to spend. We’ve had several decades of paying for that now.

[–] [email protected] 32 points 1 week ago* (last edited 1 week ago) (1 children)

Infinite growth in a finite reality. Numbers go up up up but minerals and food don't exponentially grow, in fact they deplete.

Shareholder profit > sustained profit is what broke it.

There's nothing wrong with say, Mark Cubans drug store model of 15% capped profits. If it were publicly owned however it's legally liable to pump that up to infinity until the model breaks for shareholders to make quarterly gains. Short term thinking replaced long term strategy.

Even Costco knows you keep the $1.50 hot dog as a loss leader but if it were up to the ghouls in suits it would be $6.99 today and $7.99 tomorrow.

[–] [email protected] 6 points 1 week ago (1 children)

I don't think the issue is growth related, I think it's rather about more and more money going to the top 1%. And that issue is accelerated in USA due to badly regulated corporate capitalism. Greedy shareholders and short time thinking are signs of that, because they keep getting away with it. Looks like this isn't going to change until there is a massive crash..

[–] [email protected] 5 points 1 week ago

Isn't that just the other side of the same coin?

It's the top 1% that is pushing for the short term gains... It's being accelerated because everyone else and their pension funds try to match or beat them at it...

[–] [email protected] 27 points 1 week ago (2 children)

We are witnessing history in the making, people! Keep documenting and writing it down, like the ancient greek historians. The US has radically changed under the new president Trump 2024 -> 2025 and we will need to study the effects on our world and global economy closely. Historic times indeed.

[–] [email protected] 10 points 1 week ago (1 children)

I'm getting really fucking tired of living in interesting times. I've lived through 9/11, the 2008 crash, a first Trump term through COVID-19, Russia's invasion of Ukraine, and now a second Trump term through another financial crisis.

Give me a fucking break.

[–] [email protected] 3 points 1 week ago* (last edited 1 week ago)

I just want some fucking boring times, is that really so much to ask for? Just a time where people mind their own fucking business and rich cunts don't try to destroy the peace? I've never heard about an economic crash or a war started by a poor person. Hang any motherfucker who hoards wealth. Start from the top, and stop when people are no longer starving in the fucking streets, or dying from preventable diseases. I absolutely guarantee, we won't have to kill that many before the rest fall in line.

[–] [email protected] 10 points 1 week ago (3 children)

Not that historica, so far it seems to imitate the 2008 financial crisis crash. But yeah, the financial system almost died then. With Trump, the whole global economic system could very well end in the wood chipper.

[–] [email protected] 2 points 1 week ago

I can defend my choice of words "historical": Even the most mundane happenings today might be viewed completely weird practices in the future.

[–] [email protected] 8 points 1 week ago (1 children)

Could be even worse now, because in the 2008 financial crisis the US government was actively combatting the crisis by putting trillions of dollars in the economy. In this case it’s the US gov driving the madness.

[–] [email protected] 1 points 1 week ago

And the fed probably won't let the government dump money into the system because there gonna be afraid of these tarriffs causing inflation.

[–] [email protected] 9 points 1 week ago

The thing to understanding crashes is that they're a crude signal of an underlying reality. Not a thing in themselves.

This isn't like the 2008 crash, or any other, because the reality that's causing the number to go down is totally different. Except maybe the great depression. It's a bit like that.

[–] [email protected] 3 points 1 week ago (1 children)

Well, if everything crashes, then everything is equal!!

[–] [email protected] 2 points 1 week ago (2 children)

Then the guy with the biggest bicep eats first.

[–] [email protected] 2 points 1 week ago (1 children)
[–] [email protected] 1 points 1 week ago

In the worst case scenario, you.

[–] [email protected] 7 points 1 week ago (2 children)

Kinda wish the North American market wasn't the last one to open so I could have sold some shit before everything crashes...

[–] [email protected] 2 points 1 week ago (1 children)

The time to sell was last Wednesday.

[–] [email protected] 1 points 1 week ago

Oh there's still a long way to go before the bottom I'm sure...

[–] [email protected] 3 points 1 week ago

Roll those dice baby, that’s how gambling works.

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