this post was submitted on 20 Feb 2025
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No Stupid Questions

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I have no idea how while Trump is a) ripping out the underpinnings of constitutional law which, in turn, is all that holds up all other laws (including transactional) in the US AND b) ripping apart the post war Western defense alliance leaving Europe and Australia completely exposed and vulnerable AND c) going to impose global reciprocal tariffs, which are going to kill trade and plunge the country and the world into the greatest economic depression (coincidentally) since the 1930's, how the market isn't down 75% - 90% by this point. Hopes & Dreams? Hallucinogens? Heroin?

What power on earth is allowing Hedge Funds, Banks and Small Investors the justification to keep betting on an underlying business system which is literally being pulled apart at the seams with no real hope of being functional shortly. How is this happening. It's like I'm taking crazy pills every day. The market should look at what Trump's already done (much less what he still promises to do) and say, whoop that's us, we're audi, this is insane, we can't trade our value as a corporation any longer, we don't know where supplies, labor, administration, distribution, sales, or any law governing any of it stands, we have to pull all our monies out, and put them someplace safe like our pockets.

What is happening to keep the market propped up, when literally everything, everywhere that it needs for stability in projected earnings is being hollowed out beneath it?

edit 2/20 : lol edit 2/21: lol

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[–] zout@fedia.io 12 points 2 days ago (2 children)

The same way Bitcoin keeps value; most of the supply never changes hand. In Bitcoin because the wallets are no longer accessible, in stock because the owners live comfortably on dividends alone.

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[–] FreakinSteve@lemmy.world 16 points 2 days ago (1 children)

I pulled my money out when he took office. There WILL be a crash and recession, and it will be intentional. There will be all kinds of irrational exuberence to get everyone all in, and then crash it to mop up the spoils and expand the wealth gap.

[–] ramble81@lemm.ee 6 points 2 days ago (2 children)

Did you have a 401k or an IRA? Where did you put it to not get taxed on it?

[–] SabinStargem@lemmings.world 1 points 1 day ago

I have an ABLE account, for people on SSI. It is untaxed, though there is a small fee for just the money to be managed. It is handy, since there is a $2,000 limit on the wealth beneficiaries can have - the ABLE account allows for up to $100,000 to be in there before most benefits are lost. It also invests the money into a stock/bonds/FDIC portfolio of your choosing. If you have enough wealth, you can just deposit money in there until you reach $500,000ish cap for what you can add.

It is really helpful for the poor, since we don't have many methods for storing wealth that doesn't involve a mattress. Also, ABLE accounts should be state owned - theoretically insulating them from Musk's grubby paws. Unfortunately, my state's ABLE program doesn't permit Euros, so I suspect no ABLE to be safe from hyperinflation.

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[–] Hegar@fedia.io 18 points 2 days ago (1 children)

Fascist coups succeed when the rich have bought into the coup.

Why would the rich seizing full control of the state make the stock market go down?

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[–] roguetrick@lemmy.world 7 points 2 days ago (1 children)

$5 parking right next to the bread line. Not bad.

[–] Barbudo@lemm.ee 5 points 2 days ago (1 children)
[–] roguetrick@lemmy.world 4 points 2 days ago (2 children)

Which is around $5 in today's dollars.

[–] Barbudo@lemm.ee 4 points 2 days ago

Ah I see. Thanks for clarifying your intent.

[–] ShepherdPie@midwest.social 2 points 2 days ago

What's sad is that $5 parking is a killer deal.

[–] Mio@feddit.nu 7 points 2 days ago

Unfortunately the president does not need to care about what his political party thinks about his action. There is the big problem. Now they have a wild tigger running around.

[–] finitebanjo@lemmy.world 9 points 2 days ago (3 children)

A little while ago the entire market went red. If it's doing well now then that's only comparative to everything going on then.

That said, gutting regulations certainly will boost profits short term, if you care more about that than human life and happiness.

[–] AlDente@sh.itjust.works 4 points 2 days ago (1 children)

S&P500 closed at an all-time high yesterday. It's not just up relative to a downturn.

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[–] aesthelete@lemmy.world 8 points 2 days ago

Because the speculative "economy" necessarily grows faster than the actual economy.

[–] jrs100000@lemmy.world 9 points 2 days ago (1 children)

Trump is generating an enormous level of security risk globally, which encourages investment money flow to the country with the biggest military. Ironically, that happens to be the US.

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[–] NocturnalMorning@lemmy.world 8 points 2 days ago (2 children)

It's called 401ks, literally anyone with a 9-5 job has one. The entire retirement system was designed to keep people invested in the stock market and betting on it.

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[–] nutsack@lemmy.dbzer0.com 1 points 1 day ago* (last edited 1 day ago)

The tariffs will trigger a recession for sure. I think the markets are waiting to see what happens with those. A new war in Europe could trigger one as well, but we'd have to see it first. The rest of the things you listed have nothing to do with the stock market.

[–] zephorah@lemm.ee 7 points 2 days ago

Money and 1/2 of Economics is based on magic and “religious” belief.

[–] Auli@lemmy.ca 1 points 1 day ago

They have most of the wealth. They don't need the working class. Just jeep purchasing beach others netbooks and number goes up. Realized it wasn't tied to reality during covid.

https://pca.st/episode/6df1a506-9b38-4298-8de5-ec17e71d379b

Here is a great explanation of what you're asking. I trust this channel for news over pretty much anything else.

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