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
(45,384 posts)Irish_Dem
(82,252 posts)roamer65
(37,974 posts)Treasury bonds, baby!!!
Irish_Dem
(82,252 posts)roamer65
(37,974 posts)Irish_Dem
(82,252 posts)Prof. Toru Tanaka
(2,956 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
(37,974 posts)homegirl
(1,986 posts)shut down the Stock Exchange when it drops FIVE PERCENT in a day?
Irish_Dem
(82,252 posts)EdmondDantes_
(2,049 posts)Bengus81
(10,356 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
(10,435 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
(4,101 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
(7,958 posts)What a clown creep. Eff her AND her Wonder bread bags.
stollen
(1,148 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
(4,886 posts)REALLY ??? Such boorish words
stollen
(1,148 posts)I'm on an extended vacation from fascism. But thanks for the update.
Ocelot II
(131,195 posts)spooky3
(38,849 posts)mnhtnbb
(33,496 posts)Slightly less today than the SP500.
Bernardo de La Paz
(60,320 posts)W_HAMILTON
(10,435 posts)erronis
(24,487 posts)malaise
(297,846 posts)Enjoy your weekend Slobby
sinkingfeeling
(58,023 posts)December 2024.
hatrack
(65,123 posts)TomSlick
(13,090 posts)They have to be feeling the heat from back home.
Captain Zero
(8,952 posts)No need for them to complain.
erronis
(24,487 posts)TomSlick
(13,090 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
(17,738 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
(53,386 posts)This is the time to short the living fuck out of the market.
Pacifist Patriot
(25,216 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
(530 posts)and come after them in the halls of congress with pitch forks, then they will realize....
TheBadWolf
(67 posts)jmbar2
(8,160 posts)The short squeeze is going to be epic.
kentuck
(115,585 posts)This is not good!
Frasier Balzov
(5,101 posts)Arazi
(8,887 posts)obamanut2012
(29,507 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
(29,507 posts)kentuck
(115,585 posts)During the Covid pandemic.
krkaufman
(13,965 posts)"Worst day for our economy since COVID. Just a little reminder ... This time, HE's the disease."
CoopersDad
(3,366 posts)Make it stop.
IronLionZion
(51,534 posts)Trump insiders are trading based on his idiotic policies. Somebody is getting wealthy from this while everyone else loses.
erronis
(24,487 posts)Wonder why they were knee-capped?
IronLionZion
(51,534 posts)Captain Zero
(8,952 posts)I doubt you and me we included in HIS "we".
Pacifist Patriot
(25,216 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
(297,846 posts)and falling
Pacifist Patriot
(25,216 posts)underpants
(197,127 posts)CanonRay
(16,250 posts)-2092.32
LymphocyteLover
(10,129 posts)FloridaBlues
(4,683 posts)I have to still hope for the best on selling. Dont have an option right now.
Good luck to you!
Pacifist Patriot
(25,216 posts)mnhtnbb
(33,496 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
(2,559 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
(2,559 posts)roamer65
(37,974 posts)mnhtnbb
(33,496 posts)into stocks yesterday, buying the dip.
Again, MarketWatch headline.
https://www.marketwatch.com/
littlemissmartypants
(34,320 posts)gab13by13
(32,745 posts)"Are We Great Yet"
IronLionZion
(51,534 posts)roamer65
(37,974 posts)I knew this Trumpcession was coming.
SunSeeker
(58,372 posts)Sure, we are better off than folks holding Nvidia and Apple. But nobody is escaping untouched from the building shitstorm.
roamer65
(37,974 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
(81,651 posts)obamanut2012
(29,507 posts)You know that isn't what this is.
Welcome to DU.
Xipe Totec
(44,587 posts)Now I understand what Trump is liberating; our wallets.
ImNotGod
(1,206 posts)Wiz Imp
(10,387 posts)That's after yesterday's drop of 4.84%. So about a 10% drop in the span of 2 days.
MayReasonRule
(4,137 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
(8,467 posts)mnhtnbb
(33,496 posts)Prairie Gates
(8,467 posts)I though S&P was going to really test 5000 before the close.
mnhtnbb
(33,496 posts)obamanut2012
(29,507 posts)They are almost 80.
I don't even want to know what is happening to my pension investments.
surfered
(14,217 posts)The Stable Genius did file for bankruptcy 6 times.
Wiz Imp
(10,387 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