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Aussie105

(7,031 posts)
21. Now hang onto your hats while I mention the words no one dares to utter!
Sat Mar 29, 2025, 02:33 AM
Mar 29

Correction, recession, depression.

(And for effect may I mention famine, pestilence, plague of locusts, fire and brimstone, all the Old Testament stuff.)

You might guess from my username I'm not an American but don't worry, global markets follow the US markets closely, and my retirement savings are going downhill too.

A characteristic of stock markets: A kick in the head will drop 2 or more % across the board very rapidly, and recovery might take weeks, but only if there are no more kicks in the head.

Recommendations

3 members have recommended this reply (displayed in chronological order):

Trump often does stuff that tank the markets on fridays Demovictory9 Mar 28 #1
uumm. I have never kept track of Trump and his yapping that much. riversedge Mar 28 #2
Its talked about in investing forums..people trade stocks based on the pattern Demovictory9 Mar 28 #4
He and his minions must be makjng money manipulating the market. redstatebluegirl Mar 28 #3
Probably PatSeg Mar 28 #15
It's probably the same people who made $$$ RazorbackExpat Mar 28 #16
The world is full of such people PatSeg Mar 28 #18
That is certainly plausible... King_Klonopin Mar 29 #20
Heckuva job, Donnie! Pinback Mar 28 #5
"inflation in February remained slightly sticky" Ummm. Looks more like up, up, up, to me progree Mar 28 #6
Tanking Stocks Canada Kid Mar 28 #7
Oh boy, just in time for first quarter statements central scrutinizer Mar 28 #8
I heard trump likes to help baron with his short-selling hobby. Think. Again. Mar 28 #9
S&P 500 closed Friday 3/28 at 5581, down 2.0% for the day, down 3.5% since election day, down 9.2% from ATH progree Mar 28 #10
Dow closes more than 700 points lower and the S&P 500 is on track for its worst quarter since 2022 riversedge Mar 28 #11
Heckuva job, Dumpty! N/T tonekat Mar 28 #12
So this is the fault of, well, immigrants? twodogsbarking Mar 28 #13
I'm 100% Ojerly Mar 28 #14
Musk. perhaps RazorbackExpat Mar 28 #17
All the Elon nut huggers are screeching: BUY THE DIP! BUY THE DIP! Crowman2009 Mar 28 #19
Now hang onto your hats while I mention the words no one dares to utter! Aussie105 Mar 29 #21
Trump's pay back chicago guy Mar 29 #22
Latest Discussions»Latest Breaking News»Dow sinks more than 700 p...»Reply #21