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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

#181

Post by seanmcdirmid »

WillAdams wrote: post #180
seanmcdirmid wrote: post #161

Earlier quoted context omitted.

Thats the old fashioned plan: have lots of kids to fund your retirement. Today, we are investing in AI, automation, and robots, which is similar if you think about. We don’t need a population increase if robots are doing the work instead. China is a good example of making these investments aggressively right now to deal with their demographic cliff.

That's a nice idea, and if such devices aren't used to further concentrate wealth for their owners, that would work --- the problem is, LLMs and the robotics which they facilitate look to be the first major technological advance where the enlarging of the economy which they afford does not bring about a commensurate increase in the number of jobs.

There is theory and then there is practice of course. But at least if you are invested in the market as part of your retirement, you are technically an owner of some small share of it.

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

#182

Post by fmobus »

schmidtleonard wrote: post #60
JKCalhoun wrote: post #41

Earlier quoted context omitted.

(Cue the autotune, "The Dow is over Fifty Thou…") Thank god I am still able to laugh at something during this administration—if only occasionally.

I've heard a few traders refer to it as "The Bondi Top" -- she really top-ticked it to perfection. We all wish she hadn't.

If only this recession would make some pedos be punished...

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

#183

Post by GJim »

WarmWash wrote: post #133
paxys wrote: post #111

Earlier quoted context omitted.

We live in the Information Age. Things happen quicker now. The Roman Empire took 500 years to decline. The Soviet Union took 2 years. The US broke centuries old alliances and upended the global order in a matter of months. If there is a collapse of the American empire it won’t happen over centuries but in the span of a few tweets.

The problem Europe has though is that it can't stand it's own. They have become so accustomed to leaning on the US, that they have grown into it. People don't like hearing it, but Europe lives on American Tech, powered by American energy, and defended by American defense. There other lifelines being Russian energy and Chinese tech. It's a "pick your poison" situation. Europe should be able to stand on it's own, but i…

You would do well to understand why that has happened since 1945 and just how the USA hugely benefited from that state of affairs.

I'm not here to argue who this has benefited the most, or if the benefit has been mutual to us all and for world peace; however Mango Mussolini has shown us the USA can never again be entirely trusted as a good faith partner. We are indeed living in changing times and there is no way of going back to the old hegemony.

EDIT: Britain finally finished paying back war loans to the USA in..... 2006! https://en.wikipedia.org/wiki/Anglo-American_loan

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

#184

Post by SilasX »

reedf1 wrote: post #110
mrits wrote: post #40

Earlier quoted context omitted.

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.

It's fair to expect people to pay attention to political issues that can affect them.

It's not fair to expect everyone to be intimately aware of every political gaffe, and instantly make the connection when you repeat it so they know not to reply to the comment seriously -- as the original comment was doing.

FFS, just put it in quotes so people know you're quoting someone. (Or if it's not a direct quote, mention that it's from the mentality of the person you're mocking.) Is that so hard? Is it so important that you feel special as someone who knows about that incident that you just have to provoke a confused flamewar?

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

#185

Post by jghn »

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. And for the context of this conversation, the people in the USA are what matters. It's not like this regime is going to give up just because other countries dislike them. Their core fan base think it's going gangbusters.

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

#186

Post by lotsofpulp »

buellerbueller wrote: post #96
worldsayshi wrote: post #65

Earlier quoted context omitted.

The more I see the stock market dropping due to idiotic mistakes that should've been very preventable, the more I think how beneficial it must be to be one of the insiders that accidentally let those idiotic things slip through. Are we as small savers just idiots feeding this idiot machine?

>Are we as small savers just idiots feeding this idiot machine? Yes. 401k should never have been the main retirement plan.

I assume you mean low cost broad market index funds when you write 401k, but what other mechanism has offered financial security to so many other than having lots of productive and well networked kids that believe in helping you when you are old?

There is, of course, taxpayer funded retirement benefits, but that is just taking from others’ kids.

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

#187

Post by ajam1507 »

mindslight wrote: post #131
buellerbueller wrote: post #81

Worst President Ever.

Depending on how you measure, not as bad as the one we had a few terms ago. There was a pandemic, which should have been a unifying event the president just had to straightforwardly lead us through while letting the domain experts at agencies handle the details. But instead he must have thought he was still campaigning or something, and staked out some edgelord position that we should just ignore the public health em…

Did you mean to post this comment in 2021?

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

#188

Post by mindslight »

ajam1507 wrote: post #187
mindslight wrote: post #131

Earlier quoted context omitted.

Depending on how you measure, not as bad as the one we had a few terms ago. There was a pandemic, which should have been a unifying event the president just had to straightforwardly lead us through while letting the domain experts at agencies handle the details. But instead he must have thought he was still campaigning or something, and staked out some edgelord position that we should just ignore the public health em…

Did you mean to post this comment in 2021?

Did you mean to take that course on human sarcasm?

I can understand how a one or two sentence comment that is wholly sarcastic is readily misinterpreted, ala Poe's Law. But my context should have been pretty clear.

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

#189

Post by irishcoffee »

alsetmusic wrote: post #166
irishcoffee wrote: post #136

Earlier quoted context omitted.

How do you figure? Ignoring it or obsessing over it, the outcomes don't change. Just emotional energy expended.

Try being in a relationship with someone who may become a target of the administration due to their status as a resident (but not citizen) of the USA and tell me the outcomes don't change. You're right. I need to calm down. It's all theater that doesn't impact real people. We can just go about our merry way because no one has been kidnapped by federal agents in defiance of judicial orders.

I wasn't trying to be a jerk.

There was a massive protest in the US this past weekend. Millions of people standing in solidarity. This was the 3rd such protest, each larger than the last.

What has changed?

One of these days the US will realize that emoting together with costumes and posterboards, bitching online, and loudly talking about how "my team is right!" is not effective.

So, in what ways is it effective to give a fuck about national politics? I haven't found any, and I'm emotionally tapped out. The government gets none of my attention.

Local government participation might yield small results, maybe. Not enough for me to give a shit. Seems like twice a week a state-or-lower politician gets rung up for bribes, corruption, etc. I have no desire to play that game, personally.

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

#190

Post by buellerbueller »

lotsofpulp wrote: post #186
buellerbueller wrote: post #96

Earlier quoted context omitted.

>Are we as small savers just idiots feeding this idiot machine? Yes. 401k should never have been the main retirement plan.

I assume you mean low cost broad market index funds when you write 401k, but what other mechanism has offered financial security to so many other than having lots of productive and well networked kids that believe in helping you when you are old? There is, of course, taxpayer funded retirement benefits, but that is just taking from others’ kids.

Unions + Pensions
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