The thing about the stock market, no one freaking knows. The market has taken horrible dives before and has recovered. I also don’t believe the USA is the only country that should be worried if something does go down. The fact that some experts are saying things could be different may be worrying, but ultimately no one knows. All we can do is try our best to prepare for the worst. I wouldn’t be surprised if the protests continue to grow over the summer months in the USA.
Ask Lemmy
A Fediverse community for open-ended, thought provoking questions
Rules: (interactive)
1) Be nice and; have fun
Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them
2) All posts must end with a '?'
This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?
3) No spam
Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.
4) NSFW is okay, within reason
Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either [email protected] or [email protected].
NSFW comments should be restricted to posts tagged [NSFW].
5) This is not a support community.
It is not a place for 'how do I?', type questions.
If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email [email protected]. For other questions check our partnered communities list, or use the search function.
6) No US Politics.
Please don't post about current US Politics. If you need to do this, try [email protected] or [email protected]
Reminder: The terms of service apply here too.
Partnered Communities:
Logo design credit goes to: tubbadu
Wait for some stupidity to reverse it again. Markets like predictability. This president is anything but.
S&P 500 is still up 5% over the last 12 months. Up 95% over the last 5 years. Any action on a shorter timeline than that is emotionally driven and should be largely ignored. Unless you're day trading of course. You're not, right?
That said, ya. We're probably heading into a rough time.
We're looking at negative GDP growth according to folks smarter than I am. 2 quarters of that and it's probably a recession.
Additionally it looks like foreign investors are leaving the US Treasury market kicking up yields and foreign governments are getting uneasy about purchasing US made weapons or relying on US security guarantees which, again, reduces GDP both directly and indirectly.
2028 can't come fast enough.
Optimistic of you to assume any of this will end in 2028. Trump and his fascist goons are already priming the electorate to accept a 3rd term. He's not going away until he's dead.
If we wait til 2028 we've all failed. He has already stated he's finding a way for a 3rd term and is currently shredding the constitution. If we do not oust the man and his entire heritage foundation crony cuck ball lickers there won't be any voting for you to do in 2027. Their goal is to take complete control and remain in power forever. It's clearly stated in project 2025.
Yeah I know 2028 is gonna be lit
Climbing? Wait the market opening react to the new semiconductor tariff bomb released 10 hours ago
Or walking back the laptop/phone exclusions, or China halting rare earth shipments, or...
Of course. I’m still sitting on half the liquidated stocks + bonds I sold 2 weeks before this whole shit. Buying back slowly.
Extreme peaks and valleys are not actually a sign of good things to come.
It's not the tip of the shitberg, it's the edge of the shittacane, Randy.
What Trump is doing now will almost certainly outlast his presidency. One man, just one, has completely betrayed all of the trading relationships this country built over the course of a century, and even better, he did it unconstitutionally and Congress went along with it for their own enrichment, both Democrat and Republican.
Supply lines will be recalibrated. Our foreign partners will make new relationships with more dependable trading partners. (ie, China.) Over the course of the next decade or two, the utter stupidity of what Trump has done will play out to full effect. A few hundred Americans who shoved their heads up Trump's ass will get richer, but long-term, this is going to hurt most Americans.
If you're not diversifying your investments geographically you're no longer diversified at all.
I hope people realize that trump was able to do all this because of years of bad law writing and eroding of the balance of powers. All that concentrated power is great until someone you disagree with sits in the throne you built. It would be nice if after trump, we learn our lesson and vastly shrink the power of the office. Unfortunately , I believe it is likely people won’t realize this and will put even more effort into strengthening the power of that throne after trump is gone, in an effort to more quickly undo his work, which of course means someone will be able to redo the damage even faster at a later time.
Same.
None of this happened in a vacuum. The more you look at how we got here, the more it becomes clear that despite the theatrics we really are under one-party rule.
If a Democratic president is able to take office following the fuckery happening to basic voting rights, I fully expect the cycle to continue of the Democratic president being blamed for inflation/recession due to transferring wealth to people who don't need to spend money from those who do (thanks, tariffs) in the first part of their term. Any economic gains at the end of their tenure will be conveniently ignored.
My next vote goes to:
Sweet Meteor of Death 2028
Trump will not make it past the mid-terms. Vance, who is the main mover-shaker behind the 2025 manifesto, will make sure the Senate impeaches Trump for treason, and the fact that under the Constitution he can NOT be President - an then Vance will assume the Presidency. If you think Trump is far-right, wait until Vance takes over. And since Vance was not ELECTED President, he can serve another two full terms - 10 years total. At the end of the ten years, The top 20% income earners - some 70 million Americans - will be living in luxury while the 0ther 80% will be nothing more than indentured servants. The Handmaidens Tale will be mild in comparison.
It could happen, but I think you're wrong.
Trump is going to live to be 100 years old, like Kissinger did. The problem with your theory is that, after his first term, people know full well that he can't be controlled.
Most shitty things in our life can be traced to Reagan. Trump is going to outdo that legacy by so much.
We'd need an actual left wing president to actually undo the damage, and there's no way the corporate democratic party is going to allow that
You're right.
We needed a Bernie, and Democrats happily subverted their own primary process to prevent it. Now, all you can do is take whatever measures possible you can to ensure your own survival.
I’m constantly amazed by people who don’t remember his first term.
Are you people on dope?!
Honestly I find all of the covid years kind of hard to remember, and I know a lot of people who feel the same. I bet that Trump 1 mostly gets wrapped up and suppressed with all the rest of the general trauma.
Trump was president for less than a single year during the COVID era.
Was it this bad this fast? I Seriously don't recall it being this bad.
It was horrible though. Maybe the COVID19 kinda overshadowed him. Though the time he asked that it be looked into to us UV light inside the body to treat the virus and the time he recommended injecting or drinking bleach were crazy
Was it this bad this fast? I Seriously don’t recall it being this bad.
It was pretty bad pretty quickly, but it was mostly changes in culture. Things like the "unite the right" rally happened pretty early on in his first term. Ultimately though, he was pretty hamstrung by an unreliable, rotating cast of supporting characters in his first term that weren't all on board with turning the country into Nazi Germany part two.
He's shed all of those people and now he's surrounded by dyed in the wool maga. The GOP and the makeup of the supreme court are also drastically different this time.
But it was terrible his first term, so terrible people don't even remember all or even most of it.
The only difference is he’s got people who do his insane demented ideas now. It took him awhile to get the turd circus going brcause of all the old school fascist republicans he appointed. Evil but competent men who knew when shooting oneself in the crotch was a bad idea.
By 2018 he’d fired them tho.
Also the fact that it's his second (and last I'm pretty sure but damn I hate that I can't be 100%) term so you know, "Last time, YOLO!"