He's a mall cop iirc so don't expect him to recognize any inconsistencies in complaining about groceries under biden and downplaying it under trump

This post was edited by duffman316 on Apr 3 2025 07:26am

Oh mb, sounded like you knew the real numbers earlier, thought you had some inside info. Thanks for link tho

Lol you’re asking for a simple answer when a simple answer doesn’t exist.

That’s the real answer.

my 401k auto pays are going to be legendary gains. hope the bubble bursts.

i recall a few weeks or a month ago i was talking about how people near retirement should be enough in bonds that this doesnt affect them. and was told that's old school, people dont buy into bonds heavily near retirement. correct, that's because we're in a WAY over bloated bubble. and now those same people who were lapping up gains will have to postpone retirement dates, downsize spending, etc. should have moved to bonds big time the moment trump started to call for tariffs, just like i said. just like i had my dad do. he's safe as can be.

You didn’t even bother reading the link he sent you. There is no real tariff number in most cases, it’s just a calculation based on trade deficit (i.e. the US buys more goods from China than it sells them). China doesn’t have 67% or 34% tariffs on US goods, it just exports more goods to the US than the other way around.

The house of cards stock market was always going to correct. Tariffs are just an excuse.

Just rich fucks taking profit while the poors are locked into passive investments.

Sink your 401k so I can buy your daddy's farm on the cheap.

Thanks for the land!

- rich fuck.

That's what i'm thinking. All these poor buggers who have been hoveling minimal savings for years trying to get enough for a downpayment, some emergency money and some reserves for their future home are now probably all having to second think their purchase.

Hopefully it drives down some real-estate prices and I will most certainly pick some up. I know that's not nice, but that's reality and you play the cards when you have them.

This post was edited by SBD on Apr 3 2025 08:49am

Old people who have invested for years will be fine.

all of these "manage your own investment" apps have popped up in the last several years.

Those people are about to learn about bear markets. The gravy train of up only is over. Lots of people probably pumped way too much into these "up only" stocks.

Maybe with leverage. They are going to lose their shirt.

I recommend trend trading on a weekly chart to determine you bear/bull bias. Invest/divest accordingly.

Charts don't lie.

Exactly and those are the young ones looking to buy a home. Hopefully demand reduction and as a result price reduction or stagnation.

This post was edited by SBD on Apr 3 2025 09:14am

not really imo. most of those "old people" i.e. retired people say 50 years ago would be with a HIGH % into bonds to be recession proof. especially with a recession looming on a 20 year cycle. 2008 was the last crash, 2028 would be the next forecast crash. but rather than any easing to soften the crash they've tried to pump the market as much as possible instead, giving investors false hope no crash would come. portfolio managers these days are soft on bond allocation, and old people will be far too exposed as a result. in 2008 many older people had to go back to work from a crumbled portfolio, this crash may cause the same.