S&P 500 falls more than 2% as market sell-off intensifies

So to summarize: market takes a hit while a D is in office=hair on fire. Market takes a hit while Trump is in office= all good, nothing to worry about, all part o the plan. If some retiree's nest egg evaporates, oh well, let them eat cake.

 

Rates are going down. The 10 year treasury has dropped almost 50 basis points in a few months. That’s why mortgage applications have surged and homebuilders stocks were one of the few sections of the market higher yesterday.

 

I welcome pullbacks regardless of administrations. Through 99-2000 tech bubble; 2008-2009 financial crisis and the 2020 covid meltdown…..all three have one common result. Generational buying opportunities. This is nothing like that but even a 10% drawdown in names like Nvidia, Google, Microsoft etc present great long term entry points.

 

If some retirees nest egg evaporated yesterday then they and their advisers are fools.

 

Good point. The markets were down almost 20% in the 4th quarter of 2022. Trumps got some catching up to do.

 

Completely agree. I don’t think this is the gotcha you think it is. Also very sad you have posts saved. Do you have a job or any family? It appears your life may be this site.

 

The world needs ditch diggers too.

 

You get paid for showing idiots their stupidity. Where do I sign up?

 

Biden had the Trump plague (Covid) and supply chain issues which he dealt with like a leader. Trump has Musk but seems to think things are fine. SMH

The market crashed under Bush, and Obama turned it around. It crashed again under Trump, and Biden turned it around. Now it’s crashing again. Anyone see the pattern here?

 

Trump threatens more tariffs and the markets continue to rapidly fall. Dow already down another 1% on the day.

 

The tariffs and trade wars will escalate even more April 1. The markets will just love that. So much winning.

 

I'LL DO TARIFFS ON YOU!!!

 

No longer a 25% tariff on our sworn enemy, Canada. Now a 50% tariff. Thankfully their government will pay for all of these tariffs with no impact to American consumers.

 

So when does Trump militarize the border with Canada? Perhaps an incursion by an army of lifted trucks with maga flags onto Canadian territory? Or the Putin tactic of invading to "protect" Americans living there? He is on a mission to make us the most despised nation on the planet.

 

meanwhile in China, Russia & N. Korea

 

No, the tariffs will make us rich, and we will have billions of dollars to spend.

Paraphrasing from dear leader.

 

Trump should be a lock for the Nobel prize in Egonomics.