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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

#71

Post by [deleted] »

weavie wrote: post #59
RealityVoid wrote: post #37

Earlier quoted context omitted.

Interesting reading, but hard to have sympathy when he causes suffering for so many. I also don't think changing his behavior is within reach. His narcissism prevents him from growth and, like the scorpion in the tale, he can't help but sting.

I don't think it's so clear cut. The problem is that his personality defects have allowed him to be influenced by people who are truly malevolent. Those people lurk more in the shadows and so avoid the condemnation that they deserve. Trump is their obvious useful idiot with the target painted on his head.

[deleted]

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

#72

Post by nilamo »

maplethorpe wrote: post #21
joe_mamba wrote: post #6

Crazy how for a guy so obsessed with self image and legacy, Trump is leaving behind a world where he'll be known for making everything shit that it was before him. Amazing. How does this happen?

I'm still holding out for this being some 4d chess move that's way over my head. If he really is this foolish, then why did we all vote for him?

Obvious question has an obvious answer: America isn't ready to vote for a woman, much less a black woman.

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

#73

Post by SlinkyOnStairs »

chadash wrote: post #54

Bad quarter for certain, but to keep things in perspective, the S&P is still up 13% over the past 12 months (likely 14% as soon as the market opens in 20 minutes). There's nothing magical about a "quarter". Had Q1 2025 ended 4 days later, it would have been significantly worse than this, but then the market went on to have a huge rally after that.

> 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.

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

#75

Post by ericmay »

WillAdams wrote: post #70
grafmax wrote: post #58

Earlier quoted context omitted.

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.

Yeah, it was a big con to get folks to think that what seemed to them a huge amount of money meant that they were participating in a meaningful fashion. I've never gotten anyone who is educated in economy/finance to provide a reasonable answer to the questions: "Is the world economy large enough to support a meaningful number of people regularly investing in it, arriving at an amount able to support a comfortable ret…

Well, in part you are asking about the world economy. Most of the world doesn’t have 401k retirement vehicles, good access to financial markets, or the spare funds to save at all, whether it’s in stocks, bonds, or other investment vehicles.

So the reason you haven’t gotten an answer is because your question doesn’t make much sense.

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

#76

Post by schmidtleonard »

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

As opposed to posting on HN complaining about reddit, which is where the real money's at? Nah, this shit was dank enough to make it into popular culture. We have:

1. The shamelessness absurdity of using "market is up" to deflect from a pedo scandal

2. The fact that the market said "nope" and tanked immediately after Bondi tried to lean on it

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

#77

Post by francisofascii »

zug_zug wrote: post #67
chadash wrote: post #54

Bad quarter for certain, but to keep things in perspective, the S&P is still up 13% over the past 12 months (likely 14% as soon as the market opens in 20 minutes). There's nothing magical about a "quarter". Had Q1 2025 ended 4 days later, it would have been significantly worse than this, but then the market went on to have a huge rally after that.

Well the thing is -- when you have rampant inflation, the cost of everything in USD goes up -- be it houses, eggs, or even stocks. So when you subtract out how much the value of the USD has gone down relative to other currencies it's basically another 10% drop.

Eggs are pretty cheap right now. Housing and healthcare are why Americans struggle with affordability. Food, gas, etc. are all just drops in the bucket.

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

#78

Post by iso1631 »

CoastalCoder wrote: post #42
maplethorpe wrote: post #21

Earlier quoted context omitted.

I'm still holding out for this being some 4d chess move that's way over my head. If he really is this foolish, then why did we all vote for him?

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…

If you voted for Trump over an inanimate carbon rod then you'd need your head examining.

But America still likes him. The only thing that's tarnished him is that it costs a little more to drive a gas guzzler

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

#79

Post by cestith »

CoastalCoder wrote: post #17
joe_mamba wrote: post #6

Crazy how for a guy so obsessed with self image and legacy, Trump is leaving behind a world where he'll be known for making everything shit that it was before him. Amazing. How does this happen?

My working theory is that Trump is best understood as an epically tragic character. So desperate to be valued and liked, that he desperately grabs at anything and everything to get the acclaim that, under normal circumstances, would signify that. His besetting character flaws foreclose any possibility of attaining the actual approval he seeks. And so, with his misguided approaches to getting praise and love, the hard…

I don’t think he’s interested in general approval. Having a fervent cultish minority support and being detested by others both seem to suit him. Hell, he seems to enjoy being able to paint himself a victimized underdog to his followers.

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

#80

Post by WillAdams »

spicyusername wrote: post #62
wat10000 wrote: post #29

It certainly is interesting living in a declining empire.

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…

It would be nice if folks would learn from the lessons of the past, and work out how to avoid the mistakes which caused the bad times --- a co-worker and I were unique for having a story/tradition out of the Great Depression, the story was of my grandfather taking his year's tobacco crop in to Richmond in his truck, what it sold for wouldn't buy gas to drive it back home, so he sold it and walked back (a trip I re-created on my bicycle when I was young, my first century), the tradition is that Christmas gifts are described by a riddle, and when gifts are opened, the entire family gathers in a circle, the recipient reads the riddle out loud, and everyone makes a guess (opening presents is an all-day affair).

Maybe folks would be more careful of their money or the economy if there were more oral traditions along those lines --- one of my wife's aunts just passed away, a child of the Depression, her home was filled with home goods and food stuffs purchased when on sale beyond any reasonable expectation of her individual use, but all perfectly organized and ready to prevent future need.

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