Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
15. No doubt that the market will continue to fall
Tue Apr 8, 2025, 11:32 AM
Apr 2025

Earnings reports begin this week. While some may be good the guidance will be zilch or opaque in information because companies have no way of knowing what will happen next.

When unemployment and inflation numbers come out and show a spike the market will tank again.

When he raises tariffs on China tomorrow to over 100% the market will tank

When we attack another country to wag the dog the market will crash

If China were to sell, or threaten to sell a good chunk of our debt that it owns the market will crash

Wall Street and many Americans have what they call a "Lack of Imagination" as to what is happening and what it means. Because things have "always worked out in the long run" we bet our money and our lives that that will continue when, we all know that we are dealing with a psychotic lunatic who cares nothing about Americans or democracy and, as those who voted for him like to say "He's only doing what he said he would do".

“It’s tragic how the lack of imagination so often shapes our defeat.”

Janny Wurts, To Ride Hell’s Chasm



Recommendations

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

Latest Discussions»General Discussion»Stock futures rebound on ...»Reply #15