70% of the US economy is consumer spending.... Kohl's Stock Tumbles 25% on Weak 2025 Sales, Profit Projections Macy's forecasts 2025 sales, profit below estimates on inflation, tariff uncertainty Target warns February sales were soft, adding to concerns about consumer health Dillard's Sales Decline Hits Margin | The Motley Fool Walmart forecast disappoints, shares fall on consumer spending worries Lowe's forecasts muted 2025 profit on economic uncertainty, cautious spending Costco in mixed quarter as earnings disappoint CVS slashes profit in 2024 as high medical costs hit Aetna Kroger Posts a Mixed Quarter and Soft Guidance.
Maybe, also true that a full 1/3 of Trump's gains from his first 4 years came in the 3 months after Biden won.
"Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. It will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up from less competent people." Andrew Mellon (Herbert Hoover's Treasury secretary), 1929
Thanks for referring to the start of The Great Depression. I feel so much better now because I was focusing on how great tariffs are. What’s that you say?
These same Dems are probably secretly salivating at all the stock dells to be had with lower stock prices. I bought some.
and 50% of that is done by the top 10% that is getting crushed in the market interesting anectdotal piece of information from a major car dealership franchise owner. air filter replacements were down 62% across their service departments (7) in SW Florida. Batteries and tires were in line but optional maintenance item was cut by most
Traders and hedge funds are making a fortune right now shorting this market as much as they can while the media blabbers on about Trump, Trump, Trump and Tariffs, Tariffs,Tariffs. I’ve been out of stocks for almost two years now getting a great return on all those cheap bonds i bought in 23 and CDs. But I’m getting ready to back the truck up to the Stocks Loading Zone and make some serious bean over the next few years.
So does that mean people are smarter, finally realizing how ridiculous it is to pay a dealers service department to change an air filter when it so easy and much cheaper to do it yourself?
tldr; that bad, bad ole media sure is being mean, saying bad things about Trump's awesome economic ideas! Also; this is just like covid. If the bad ole media didn't report on it, it wouldn't be happening!
I encourage you to use lots of leverage and possibly day trade options to really make beans. Possibly get in on NFT’s and Crypto too. It’s what all the cool kids are doing.
Occam's Razor: The market is down because investors feel current policy will lower sales and profits, not because some conspiracy by the media and investment bros. You're funny.
Right city. If you don’t think this is being fed by shorts and options, then you should keep your day job.
I don’t use any leverage and the only options I utilize are covered calls. I have been mostly out of stocks for some time now because I have felt the market was overpriced. All I have now is company stock and I always hold oil stocks, although I did sell a good bit of that a couple of years ago. The tariff story is being overplayed. It’s pretty easy to spot as the usual screamers are screaming their usual screams. Once things play out (I think we’re almost there) I expect there to be very solid performance from stocks. Remember, what’s good for Wall St. is rarely what’s good for Main St. What’s good for Main St. always ends up being good for Wall St. What’s going on now is good for Main St long term. I would prefer a complete free market economy but we don’t and haven’t had one for quite some time. Many countries place tariffs and limits on our exports. If our threatening of tariffs gets them to negotiate and reduce obstacles then I’m good. If it doesn’t work after a while, then I would drop the tariffs and come up with Plan B.