General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThis is a bloodbath - 1,935.35 - update −2,016.06
Last edited Fri Apr 4, 2025, 02:33 PM - Edit history (1)
Damn
Walleye
(44,898 posts)Irish_Dem
(81,426 posts)roamer65
(37,962 posts)Treasury bonds, baby!!!
Irish_Dem
(81,426 posts)roamer65
(37,962 posts)Irish_Dem
(81,426 posts)Prof. Toru Tanaka
(2,928 posts)I went 100% treasuries when I was preparing for retirement in 2023 on my TSP account. I didnt want to take gambles on the stock market at that point and with Numbnutz Krasnov driving the market into the shitter, Im comfortable with my decision.
roamer65
(37,962 posts)homegirl
(1,967 posts)shut down the Stock Exchange when it drops FIVE PERCENT in a day?
Irish_Dem
(81,426 posts)EdmondDantes_
(1,809 posts)Bengus81
(10,176 posts)Response to homegirl (Reply #54)
yellow dahlia This message was self-deleted by its author.
Bernardo de La Paz
(60,320 posts)W_HAMILTON
(10,340 posts)DENVERPOPS
(13,003 posts)The farmers are just beginning to get royally freaked out........Major FAFO............none of them wondering deep down why they voted for Trump and all the other RepubliCON Politicians that promoted Trump and enabled him to carry out this Tragedy......
The RepubliCONS in the House and Senate, as well as the USSC members are so ignorant, they don't realize there is no need for a Legislative Branch or Judicial Branch in a tyranny, and they ALL will be kicked to the curb shortly, like everyone else in Trump world, his ENTIRE life............All of them should have noticed that his voters have all been thrown under the bus already....they have fulfilled their usefulness this one last time for electing Trump again.......They are no longer needed by the Republican Party......and just starting to figure it out.............All Rural Red Trumphumping Farmers are totally freaking out today..........and they should be.........
Cirsium
(3,947 posts)Farmers are not a significant voting bloc and are no more or less likely to vote Republican than any other group of business owners. I every farmers started voting Democratic it wouldn't change the results of elections, even in rural districts. Here, in a very conservative farming area there are about 300 growers - farm owners - and 40-45% of them vote Democratic. Yet Trump got over 10,000 votes here.
It is the eaters that will suffer when farms are hurt and Trump will bail out the big farm owners, especially the large grain operations, the cattle ranchers, and the meat packing industry.
Trump and the Republicans are expert at invoking rugged individualist imagery, Hollywood stereotypes that resonate with people - cowboys, ranchers, farmers, miners, lumberjacks; Reagan on horseback, Bush with his fake ranch, Trump with his he-man collectibles. But we shouldn't buy into that propaganda and think that those represent significant voting blocs. They represent Walter Mitty fantasy voting blocs.
Trump makes people think they are somehow associated with heroic stereotypes when they go with him. It is all a bunch of nonsense.
wolfie001
(7,698 posts)What a clown creep. Eff her AND her Wonder bread bags.
stollen
(1,145 posts)I made $200,000 in the market during Biden's last yr. *poof*
Little Marco fuck-face tells me I'm supposed to be happy. This is for the good of the country. I flation is now good. Recession is now good.
I got on a fb page of a friend with 350 friends, several whom I know to be wingnuts and with TSPs. I said that those who'd voted for Trump had created this debacle. Now FIX IT!
Nobody responded.
vapor2
(4,541 posts)REALLY ??? Such boorish words
stollen
(1,145 posts)I'm on an extended vacation from fascism. But thanks for the update.
Ocelot II
(130,614 posts)spooky3
(38,645 posts)mnhtnbb
(33,364 posts)Slightly less today than the SP500.
Bernardo de La Paz
(60,320 posts)W_HAMILTON
(10,340 posts)erronis
(23,932 posts)malaise
(296,270 posts)Enjoy your weekend Slobby
sinkingfeeling
(57,840 posts)December 2024.
hatrack
(64,915 posts)TomSlick
(13,018 posts)They have to be feeling the heat from back home.
Captain Zero
(8,909 posts)No need for them to complain.
erronis
(23,932 posts)TomSlick
(13,018 posts)If a pissed-off constituent can't get a call through, they will become more pissed-off. No matter how red the district, pissed-off constituents are dangerous. If nothing else, a primary opponent is possible.
hamsterjill
(17,592 posts)That's the whole plan. Rocking the markets benefits the wealthy who have cash on hand. Screws ordinary people who live paycheck to paycheck.
Fuck every idiot MAGA that voted for Trump because they were too stupid to listen to the rest of us.
jmowreader
(53,213 posts)This is the time to short the living fuck out of the market.
Pacifist Patriot
(25,213 posts)We really don't understand the lack of proverbial pitchforks.
It would be useless to apply pressure to my GOP legislators. They are so far up the Trump backside, they see with orange eyeballs. And the thought of a democrat being elected around here is about as likely as the manufacturing on Heard Island to kick into high gear. But surely some swingier districts must be feeling the heat.
zorbasd
(526 posts)and come after them in the halls of congress with pitch forks, then they will realize....
TheBadWolf
(67 posts)jmbar2
(8,012 posts)The short squeeze is going to be epic.
kentuck
(115,419 posts)This is not good!
Frasier Balzov
(5,065 posts)Arazi
(8,887 posts)obamanut2012
(29,373 posts)Arazi
(8,887 posts)Level 1 (7% decline): Halts trading for 15 minutes.
Level 2 (13% decline): Halts trading for 15 minutes.
Level 3 (20% decline): Halts trading for the remainder of the trading day.
obamanut2012
(29,373 posts)kentuck
(115,419 posts)During the Covid pandemic.
krkaufman
(13,961 posts)"Worst day for our economy since COVID. Just a little reminder ... This time, HE's the disease."
CoopersDad
(3,340 posts)Make it stop.
IronLionZion
(51,305 posts)Trump insiders are trading based on his idiotic policies. Somebody is getting wealthy from this while everyone else loses.
erronis
(23,932 posts)Wonder why they were knee-capped?
IronLionZion
(51,305 posts)Captain Zero
(8,909 posts)I doubt you and me we included in HIS "we".
Pacifist Patriot
(25,213 posts)The change in investment strategy is obvious. I still lost 3% of my retirement funding overnight. Single digit loss may not seem like much to some folks, but in one day? Yes. This is a bloodbath.
I have been desperately trying to get my house market ready to sell so I can flee Florida. I think I've lost the window and there is no way I am going to be able to relocate to Virginia before everything crashes. Call me Chicken Little, but I don't see a good end in sight here. No reason to believe the administrations mismanagement (stupidity and cruelty) is going to abate any time soon.
malaise
(296,270 posts)and falling
Pacifist Patriot
(25,213 posts)underpants
(196,580 posts)CanonRay
(16,180 posts)-2092.32
LymphocyteLover
(9,863 posts)FloridaBlues
(4,671 posts)I have to still hope for the best on selling. Dont have an option right now.
Good luck to you!
Pacifist Patriot
(25,213 posts)mnhtnbb
(33,364 posts)of the orange a$$hole. Largest two day wipeout in history, says MarketWatch
https://www.marketwatch.com/
Ping Tung
(4,370 posts)He'll conquer Canada, Greenland, Panama, Haiti, Venezuela, and Hollywood
and then sell them to his pal Putin for $1 trillion each
mikelewis
(4,598 posts)In 4 or 5 months... Smart... And Fox will pat him on the back.
flashman13
(2,413 posts)I expect it just to get worse today. Trump has undermined confidence and sown doubt. No reason to think we are approaching the bottom of this crash. Monday morning will tell the tale.
flashman13
(2,413 posts)roamer65
(37,962 posts)mnhtnbb
(33,364 posts)into stocks yesterday, buying the dip.
Again, MarketWatch headline.
https://www.marketwatch.com/
littlemissmartypants
(33,778 posts)gab13by13
(32,360 posts)"Are We Great Yet"
IronLionZion
(51,305 posts)roamer65
(37,962 posts)I knew this Trumpcession was coming.
SunSeeker
(58,287 posts)Sure, we are better off than folks holding Nvidia and Apple. But nobody is escaping untouched from the building shitstorm.
roamer65
(37,962 posts)So is gold, because it is easily convertible.
westen
(25 posts)The market always sells off Friday afternoon so bleeding won't stop.
SheltieLover
(80,641 posts)obamanut2012
(29,373 posts)You know that isn't what this is.
Welcome to DU.
Xipe Totec
(44,558 posts)Now I understand what Trump is liberating; our wallets.
ImNotGod
(1,194 posts)Wiz Imp
(10,031 posts)That's after yesterday's drop of 4.84%. So about a 10% drop in the span of 2 days.
MayReasonRule
(4,099 posts)
OverBurn
(1,292 posts)Trump is the biggest traitor in American history. He is bought, paid for and solely owned by Putin. Only way to explain all the stuff he's doing. He's destroying us from within.
I've been watching this last hour. I've lost--in two days-- the equivalent of what I receive in net Social Security benefits for a year. Two days.
Prairie Gates
(8,198 posts)mnhtnbb
(33,364 posts)Prairie Gates
(8,198 posts)I though S&P was going to really test 5000 before the close.
mnhtnbb
(33,364 posts)obamanut2012
(29,373 posts)They are almost 80.
I don't even want to know what is happening to my pension investments.
surfered
(13,536 posts)The Stable Genius did file for bankruptcy 6 times.
Wiz Imp
(10,031 posts)Point drop was -322.44 which is the 2nd largest single day point drop ever. Biggest drop was -324.89 on 3-16-20. Yesterday's drop is now the third biggest single day drop.
S&P 500 is down 14.0% since the beginning of 2025
S&P 500 is down 15.6% since Trump's inauguration.
S&P 500 is down 17.4% since its peak in mid February
S&P 500 is down 10.5% in just the past 2 days