ET and Dodgy Brothers, why are you so annoying?
(ET = the evil twins, Trump and Musk.
Dodgy Brothers = DOGE.)
In uncertain times, people curtail their spending to a minimum, so affecting the economy.
Shareholders reassess their risky shares and flee to what they see as safe havens. Gold, Crypto.
Consequently, the share market starts a downward slide.
Why does this matter to me, half a world away?
Believe it or not, share markets around the world are in lock-step.
If one big one goes down, the others follow.
Why should I care?
I'm retired, a large part of my income is from a retirement fund.
That fund, like most, is heavily invested in local and overseas stock markets, as well as infrastructure projects around the world.
As a compulsive watcher of both the local Australian share market and my retirement fund, there is a slide happening.
My fund is down AU $3K so far, and with the fund reporting lagging 3 to 5 days behind the local stock market, another similar amount will disappear.
So the question to ET and dodgy brothers, why are you doing this? Stop it!
Anyone else tracking their retirement fund?
On top of that, went Supermarket shopping.
Prices still creeping up, and the egg cabinet shuttered . . . Sorry, no eggs available!
Was looking to enjoy mashed hardboiled eggs with mayo on toast.
Color me in a deeply, bigly Bad Mood!
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