Stock market and USD?
- Thread starter Dadar
- Start date
True, but 8 months ago we at least knew that we were recovering from a global pandemic.
This is largely self inflicted and seems to have pretty wide ranging impact that is more concerning long-term.
These aren't normal times we're talking about so it's like catching a falling knife in an economy a long way from bottoming out, due to possible deeper issues. I understand in the long-term it could pay off but how much patience do you have as an investor is the question. I've bought some tech stocks but not ready to go all in yet.
Just telling you what many economists are saying, though nobody really knows in this new dipshit induced recession.
I don't buy we were recovering from a pandemic last August, but it somehow has no impact now.
I do agree there could there is at least a chance of longer term pain, though. Not saying I necessarily think we are headed for a years long recession, but will readily admit it is possible.
It is also possible a lot of this tariff stuff gets worked out in the next few months and we recover. I think it will be worked out favorably with everyone except China before the end of the summer. China is a crap shoot. They may be perfectly willing for their people to suffer for the next four years and just wait out trump. They are much more apt to play the long game, bc they don't worry about voters or their people suffering, imo.
I'm my old broker ha. Honestly have done well, but it's time to turn it over to a more sophisticated operation.
Nah you're playing with fire if you think this is the dip. Falling knife metaphor is perfect here, and the lack of predictably from the orange baboon should keep you from assuming this is the bottom of the dip. I'm not a professional investor but work within global markets and you're costing yourself future gains imo if you start buying now. This thing could take a while to bottom out.
Dpic will never give up....you go bro.LOL
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its a total non truth that hes playing golf 25% of his presidency. You would go over a little better if you would drop out the obvious fake news to make it a little more difficult for us to discern.
Have your net wealth compared to Trump's Net wealth and then we can talk.
Is that fair enough.
@Cocks are Number 1
@scotchtiger
Hey fully invested in Market.
people will say Ia m crazy, but I TOTALLY AGREE with Trump on something has to be done and it has to be now rather than later.
No more kicking the can down the road. Trump is a better President for America than the last 4 or 5 before him combined.
Am cutting lots of timber as it is due for thinning. Deal at Georgetown Paper mill shutdown is concerning as to marketing small pine timber on pricing.
I don't have as clue on how low it will go as to stocks and timber.
My bet is at some near future point it will go up on both.
I plan to enjoy my modest return.
Into defense and super 7 at the moment and timber.
Also looking at throwing some MAD MONEY at these small caps with unique ideas and products.
Of course there will be failures, but the winners will be huge.
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I keep hoping the mill shutting down will depress land prices in Williamsburg country. I'd like to pick up 100+ acres. Not yet though. If prices get squeezed and rates come down, I'll probably buy something.
Honestly not sure what timber buyers are going to do with all the pulp wood now, without adding lots of extra trucking costs.
He would have made more money simply investing the $400M that he inherited from his father.
Well he did get a 400 million dollar head start soooo.
This concept of Mr. Silver Spoons somehow being a great businessman based solely on his net worth, which is largely based on the value of his brand is hilarious
THIS. You guys are making this too hard. Trump is out to make a buck. Period. He doesn't give a rat's ass about you guys... That's his supporters and detractors both. The bouncy market is playing right into Trump's wheelhouse. Trump says he's going to impose tariffs (or imposes tariffs) and the market tanks. Trump delays or doesn't impose tariffs and the market surges. All that is exactly on Trump's timetable. He knows EXACTLY what's going to happen and when. You can bet your ass he's making money hand over fist right now.
I don't even think it's illegal.
I thought it as $200m? Regardless it’s a fair point. In 5 doubling cycles (35 years), you would have $6.4B.
If Trump had invested in an Index fund, the Trump brand would be non-existent.
If the Trump brand were non-existent, then i don't think Trump would have ever become president.
When you guys are calculating his return, what are you valuing the brand that allows you to be elected president twice?
I don't think y'all are properly valuing the brand.
Trumps net worth is $7B according to Bloomberg. There is variation in the number, but Bloomberg is reputable.
He isn't far off from where he would be if invested in an index fund and in the process created millions of jobs.
I think he did just fine.
He isn't far off from where he would be if invested in an index fund and in the process created millions of jobs.
I think he did just fine.
I wouldn’t want to be president, so I don’t put much value in that.
That has nothing to do with the conversation but ok.
As a businessman you understand the value of Brand.
Sure. But I also understand the value of living a generous life free of stress, free of bankruptcy, free of scandal and letting Goldman manage my money, yet ending up in the exact same place financially.
Exactly. And I would consider you to be far smarter than the other person who worked and stressed and ruined his reputation to end up at the exact same place.
it's definitely illegal. any other president pulling this insider trading crap would have been behind bars if not for this MAGA cult.
Sounds like once again, Trump is a loudmouthed blowhard who chickens out when stuff gets hard. I could at least give him credit for showing some conviction if he didn't puss out at every turn.
‘Bond king’ Jeffrey Gundlach predicts our next financial hangover — and it’s sobering: https://on.mktw.net/44G0bIF
