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U.S. stocks are set to deliver their worst quarter in nearly four years

wsj.com

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Re: U.S. stocks are set to deliver their worst quarter in nearly four years

#101

Post by buellerbueller »

GJim wrote: post #98
CoastalCoder wrote: post #42

Earlier quoted context omitted.

I'm guessing that one reason we got Trump is that the Democrats presented two poor alternatives in a row. It was clear that Biden was mentally slipping. Even if you were a fan of his general politics, 4 additional years of mental decline while in office was a scary prospect. And then Kamala Harris was given very little time to sell herself to the voters. I'm wondering if Trump would have won had the Democrats present…

> I'm guessing that one reason we got Trump is that the Democrats presented two poor alternatives in a row. Oh please. Are you seriously comparing the disaster that is Mango Mussolini to the likes of (practically any) alternative candidate? The sad reality is that the American people wanted Trump and _voted_ for him. TWICE! The rest of the world has come to terms with this and knows there is no going back to the old…

[flagged]

Re: U.S. stocks are set to deliver their worst quarter in nearly four years

#102

Post by MyHonestOpinon »

wat10000 wrote: post #29

It certainly is interesting living in a declining empire.

The US is still strong as ever. commercially, economically and technologically. It just has a political system that is broken. A mad presidenta and a congress unwilling to constraining him.

Re: U.S. stocks are set to deliver their worst quarter in nearly four years

#103

Post by MiscCompFacts »

haswell wrote: post #83
spicyusername wrote: post #62

Earlier quoted context omitted.

This is a common refrain you hear a lot. I get why people say it, because it feels good to say when you feel bad. But the decline of the Roman empire took nearly 500 years. Even the bronze age collapse, which you might say happened fast, took more than 100. A thought I have every time someone parrots this is, "what is reasonable to expect?". Would you have heard people saying the same thing during the civil war? Duri…

I do think your comment is bringing up valid questions/points. One thing that worries me about the current state of things is scale and speed. Modern technology, markets, communication systems and supply chains make it possible for things to go catastrophically wrong very quickly for a massive number of people. I think this is somewhat unique to the current era. I still don’t buy into the belief that we’re absolutely…

It’s all cycles within cycles, hopefully. If you study dynamic systems then you realize it’s cycles of good and bad, and within those cycles more smaller cycles of ephemeral good and bad.

Re: U.S. stocks are set to deliver their worst quarter in nearly four years

#104

Post by WarmWash »

grafmax wrote: post #58
blitzar wrote: post #8

I don't know why you are asking about pedophiles and sex trafficing - The Dow is over 50,000 right now, the S&P is at almost 7,000, and the Nasdaq is smashing records. Americans' 401(k) savings are booming, thats what we should be talking about.

Funny how 401ks can make members of the American public think the stock market is really about them. In capitalism, assets follow a Pareto distribution. A small minority hold the majority of assets.

You understand that those small minority of holders are investing your money for your own gain, right?

Perhaps there is issue with shareholder voting, because the funds largely handle that, but generally they are focused on long term growth and stability, and vote accordingly. I mean, then thing you are paying them to do is ensure you have a good retirement fund, if nothing else.

Re: U.S. stocks are set to deliver their worst quarter in nearly four years

#105

Post by Tadpole9181 »

cj wrote: post #85
SlinkyOnStairs wrote: post #73

Earlier quoted context omitted.

> There's nothing magical about a "quarter". There isn't. But everyone knows the US stock market is about run off a cliff. Or rather, it already has. Everyone is looking at the quarters because they're waiting for Wile E. Coyote to look down.

What's that old saying? Be greedy when others are fearful, or something like that?

Never heard that one, but my off the cuff thought was "sounds like something a so-far-lucky gambling addict would say".

Re: U.S. stocks are set to deliver their worst quarter in nearly four years

#106

Post by jmyeet »

The point of culture war issues is to distract the population so they don't talk about economics. Your rent isn't sky high because of undocumented migrants or because there's a trans girl in Utah who wants to play hockey in college. It's sky-high because landlords have effectively colluded to raise your rent through tools like RealPage. In fact the entire goal of dynamic pricing is to raise prices. That's it.

Undocumented migrants in particular are vital to the economy. The agricultural and construction secotrs would collapse without them. They are paid sub-minimum wage because they're undocumented. And if they complain about low pay or working conditions, you just call in ICE to round them up, pay a token fine and rinse and repeat [1].

While people are distracted with these culture war issues, you proceed with your actual agenda of giving all the money in the government coffers to the already-wealthy.

The problem comes when these culture war issues become the goal not the distraction such as doing mass deportations. At that point you're now molesting the money and the wealthy will only put up with that for so long.

So now we have what is (IMHO) the biggest geopolitical error in US history by starting a war of choice in Iran with no specific goals, no exit strategy and no path to victory (whatever that means).

Sure defense contractors benefit as we have to replenish all those munitions we're using but you're spending $1-2 billion every day for a war you cannot win while strangling the global economy, destroying alliances and eroding US power.

And on top of that you're insider trading, which isn't money for nothing. By manipulating SPY puts, for example, you're stealing money from your donors and from ordinary people. This could ultimately hurt the supposed "integrity" of the markets.

Part of the reason the Cabinet is filled with incompetent sycophants is to mitigate the risk of being 25A'ed, meaning removed from office via the 25th Amendment.

My prediction is that if a large scale ground invasion happens in Iran and it goes badly, which I think it will, to the tune of tens of thousands of casulaties, the president will be 25A'ed.

[1]: https://abc7.com/post/ice-agents-arrest-680-in-largest-raids...

Re: U.S. stocks are set to deliver their worst quarter in nearly four years

#107

Post by SlinkyOnStairs »

grafmax wrote: post #58
blitzar wrote: post #8

I don't know why you are asking about pedophiles and sex trafficing - The Dow is over 50,000 right now, the S&P is at almost 7,000, and the Nasdaq is smashing records. Americans' 401(k) savings are booming, thats what we should be talking about.

Funny how 401ks can make members of the American public think the stock market is really about them. In capitalism, assets follow a Pareto distribution. A small minority hold the majority of assets.

It is true enough that "the stock market" is about them.

To stick some concrete numbers on this, combined the world's billionaires have about $15 trillion dollars worth of assets. Combined the world's retirement funds have about $60-$70 trillion dollars worth of assets.

What's driving the major disconnect is the generational wealth divide. Boomers have loads of wealth, housing, their pension funds, non-pension investments. Millenials, not so much. (Obviously, this is in part because wealth builds up during one's life, though the divide is stronger than merely that effect)

If you're a boomer, all this politics that promotes the stock market over the material economy is fucking great. Tech lays off another 16 billion people? Stonks go to the moon, and maybe you'll collect a nice fat severance package on your way out of your last job. If you're young though, it's a nightmare.

It's quite recent that the political balance has changed; Biden fumbled the 2024 election in no small part because of his "But the stock market is good, why are you mad?" stance that had been ol' reliable for the decades prior.

Re: U.S. stocks are set to deliver their worst quarter in nearly four years

#108

Post by fabioborellini »

guzfip wrote: post #26
mikewarot wrote: post #13

In less than a decade, the Dow will likely go over 1,000,000. (Because the Dollar is about to tank) I used to believe the unwinding of the Petrodollar would take a generation, it's now likely to happen this year . Trump's wild late night rants threatening civilian infrastructure gave all the cover Iran needed to take out the infrastructure of any of our allies that have US connections or bases. The effects of those a…

> We need to get the Epstein class out of government at all levels. This won’t be achieved without extreme violence. These people are entrenched in some of the most powerful positions in our globalized world.

The US constitution has 2nd amendment exactly for this purpose. Just start the extreme violence already.

These people are killing tens of thousands of people to gain personal wealth and to cover their existing crimes. Maybe millions, if they aren't stopped.

Re: U.S. stocks are set to deliver their worst quarter in nearly four years

#109

Post by dartharva »

GJim wrote: post #63
jghn wrote: post #52

Earlier quoted context omitted.

this and people underestimate how many people in the country still think he's doing a great job.

> how many people in the country still think he's doing a great job. 'In the country' being 'in the USA'. Everybody else outside the boarders of the USA is thinking "how the mighty have fallen".

Yes, that's what "in the country" means..

It is also exactly these same people of the USA whose thinking is going to matter for determining what happens next, not anyone else. It is immaterial what "everyone else outside the borders of the USA" thinks in the context of the country.

Re: U.S. stocks are set to deliver their worst quarter in nearly four years

#110

Post by reedf1 »

mrits wrote: post #40
SilasX wrote: post #36

Earlier quoted context omitted.

And somehow expecting everyone will get the reference.

There are a huge amount of people that spend their entire life on reddit worrying about politics

Believe it or not; it is an enormous luxury to be able to ignore politics.
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