Excellent chance tomorrow is carnage in stock markets
Posted by NotDinahShore@reddit | PrepperIntel | View on Reddit | 413 comments
Stock markets churned today, futures churned more. If you don't know what "futures" are, it is trading that happens 23 hours a day for the various stock markets across the world. While the "cash market" is open from 9:30am - 4pm EST, futures only close for an hour in the afternoon.
Just before the cash session opened today, futures were down moderately. The market traded up most of the day and closed moderately higher.
While Trump was giving his speech about tariffs, futures initially climbed 500+ points on the D30, only to reverse and close down moderately.
Futures just reopened sharply lower - down 1,000 on the Dow and 800+ on Nasdaq.
Volatility to the max. Tomorrow might well be drastic and we may get an actual crash.
https://www.investing.com/indices/indices-futures
Enough-Meaning-9905@reddit
Jesus, the numbers were so bad on your source I had to crosscheck to believe... I've never seen drops like this in AH trading.
NotDinahShore@reddit (OP)
Only time I’ve seen such volatility at this time was in the crash in the weeks leading into Covid. I called it then “the extinction trade”.
I can’t see how this has the same gravitas as a looming pandemic. However, an invasion of Taiwan certainly does. Ditto a US bombing of Iran.
I traded through 2008 and it was rarely this extreme, although it was down day after day, week after week, with violent short squeezes tossed in occasionally.
irrision@reddit
Investors are just finally realizing he's actually going to crash the economy into a wall and there's zero adults in the room operating off of any kind of strategy or logic maybe?
This_Possession8867@reddit
I sold 50% of my stock, couldn’t sell more because my stock was all positive gains and my capital gains selling more than 50% would have pushed me into another tax bracket. And I bought SQQQ today which is now up 7% after market. Trying to balance the bleed on the other side of my portfolio.
Wild ride ahead. Fasten your seat belts.
Pdiddydondidit@reddit
buy rheinmetall stocks
This_Possession8867@reddit
I’ve consider that stock. Tell me more
Enough-Meaning-9905@reddit
They make cool robot guns that go pow pow really fast
SouthLakeWA@reddit
Same here, but I was at least able to rebalance in Jan/Feb so I only have 20% in stocks now. I figure I can sell some more once losses start to accrue to offset the gains.
This_Possession8867@reddit
TBC, I only had around 30% of my monies in the stock market. And now I have 15% in it. I do total remodel and flip homes (licensed realtor partnered with a contractor), CD’s, bonds,etc. Even if I’m wrong, the stress of this market isn’t worth it.
SouthLakeWA@reddit
Agreed. Real estate seems like a safe haven—for now. If I lived in a less expensive area, I would’ve bought a rental, but the cheapest shacks are usually over $500k in the Seattle area.
ThickerSalmon14@reddit
Well if China was going to invade Taiwan now would be the time. Also, if Trump wants to distract people you can expect a strike on Iran tomorrow. Nothing like the tail wagging the dog.
Beginning-Lie3844@reddit
I mean, since February you could tell that the U.S was a loose cannon. The moment invasion threats against ally's started to happen I don't know how stocks kept climbing.
Maybe due to the robinhood effect, where uninformed traders have an outsized effect on the market? IDK what the comparison is to big fish traders though.
ZenythhtyneZ@reddit
You can’t see how the US falling into the hands of a deeply corrupt oligarchy and becoming a fascist state is considered the same gravitas as Covid…?
Small_Rip351@reddit
The futures markets go limit down too
uriejejejdjbejxijehd@reddit
FWIW, I don’t expect this to change until we at least have a house capable of pushing back. I’ll take another look at rotating back into US stocks in 2026.
Enough-Meaning-9905@reddit
Yeah, my only position left in the US market is my TSLA shorts and that is purely on principle
BornAPunk@reddit
He purposely waited until the stock market closed, but that isn't going to change how them tariffs will affect the market. When the stock market opens tomorrow, you can bet on see a wave of red.
sojumaster@reddit
Will it drop tomorrow? Yes. But doing it after the market closes will slow the bleeding, especially after investors have time to think and the pundits put positive spin on it.
After hour trading is a small percentage compared to the normal trading day.
If he had done this at his original scheduled time of 3pm, the market could have dropped 500+ points because of the initial shock of the announcement. That could have continued tomorrow.
Remember that the ebb and flows of the market is driven, in part, by emotions.
Johnny44444444@reddit
There’s no positive. Get off the faux news payroll kid.
sojumaster@reddit
I do not watch faux news. I basically stated part of the worn-out playbook that all politicians use. It does not matter which party is in charge, they all do the same thing. Just like part of the playbook is "We introduced a great idea for America and support it, but now that our party is no longer in charge and the other party will get credit for passing it, we now oppose it."
As for positive, that is based on your own viewpoint and beliefs. Talking heads are paid to make it sound positive, regardless of party. Just like their talking heads that are paid to put a negative spin on something. Republicans do not ONLY go to Faux News, but they will appear on CNN, MCNBC, CNBC, ABC, etc. to push out a message, so the messaging is beyond Faux News.
Johnny44444444@reddit
Well said. My only point is there’s nothing positive about any of this in the short or long-term because none of it makes any rational economic sense.
InternationalDiet551@reddit
Umm yea no
Jaded_Masterpiece_11@reddit
If even half of the world retaliates then no amount of positive spin will stem a bloodbath. Last year US exports were at $3.1 Trillion. Retaliatory tarriffs will make those exports now uncompetitive. The Global markets will adapt and recalibrate to exclude the US. I've just seen the Great Depression 2.0 begin live.
sojumaster@reddit
We are no where near a great depression. The Market Crash in 1929 was not the only thing in play that triggered the Great Depression. One of the biggest factors that was that banks were giving out loans, LOTS OF LOANS, out to people to buy stock during the booming 1920s. (Which is now illegal). When the stock market tanked, people could not pay back the loans. Banks went under because they could not recoup the borrowed monies. The borrowers were in debt to the banks.
There was several other factors, over-production of food, which dropped prices and caused many famers to go bankrupt. The Federal Reserve policies that sharply decreased the intrest rates, which allowed more borrowing to buy stocks.
Could another great depression occur, yes, BUT there are so many safe-guards in place now that a simple drop in the market is not going to trigger such economic ruin.
Think of this, the market lost 25% of value in 4 months when COVID hit and we bounced back. We will survive, like we always do.
LongjumpingDebt4154@reddit
The good news is, we get to be the modern day greatest generation. Yippee.
sojumaster@reddit
The Greatest Generation was a result of winning WWII, not because we survived the Great Depression.
elhabito@reddit
New NATO, Not America Treaty Organization
Jimmythekids@reddit
Excellent answer!
AirCanadaFoolMeOnce@reddit
Can’t affect the stock market if you announce it when it’s closed! 🤪
Lostules@reddit
But he doesn't know that. After all, he graduated 1st in his business school class...ask him. But he won't allow those grades/GPA's released...ask him why?
RegressToTheMean@reddit
"Donald Trump was the dumbest goddam student I ever had.” ~ Professor William T. Kelley
DarkPangolin@reddit
Both can be true. He didn't say WHICH business class. He could have meant the one in which he was the only student.
MountainChick2213@reddit
Just tell them not to open the stock market, that way it can't crash😂🤣
LazySleepyPanda@reddit
Or.....let's shut down the stock market using DOGE. Can't crash if it doesn't exist. 🤷♀️
Offandonandoffagain@reddit
We're going to stop buying and selling of stocks to stabilize the market. We're going to do that for the American people. Do you think Joe Biden would have thought of that? Do you think he even knows what the stock market is?
Immortal-one@reddit
During dubya’s presidency didn’t they make a rule that a 7% drop would temporarily halt trading. I don’t think we’ll get there though.
Topleke@reddit
Didn’t that happen twice during Trumps first term?
Kyral210@reddit
The logic of a man who bankrupted four casinos!
LongjumpingDebt4154@reddit
That’s why ‘ignore’ shares a root with ‘ignorance’
senraku@reddit
Shake when the walls fell. Dude you just helped me realize I'm fucking ignorant. I ignore so much. Constantly and willingly I ignore all types of shit that most don't.
Dominicain@reddit
It’s the economic equivalent of landing a rocket on the sun, but leaving at night-time.
Canyoubackupjustabit@reddit
That's a hell of an analogy that I plan to borrow!
TurnoverCrafty5094@reddit
That’s how dumb he really is. What a “genius”.
Streani@reddit
Stocks continue trading after market ends too lol
Agreeable_Season2376@reddit
Some dipshit post a tweet few years back saying “if the Down Jones losses 1000 points president should be impeached” who was that
Barbarisater9001@reddit
just turn it off!
Spectre197@reddit
It's all Joe Bidens Laptop secret email server hunter Biden illegal fentanyl Hillary Clinton Mexican fault.
Just combine 4 of those together.
LazySleepyPanda@reddit
You missed Kamala who sends hurricanes.
derouville@reddit
"Bleach bit"
akaiser88@reddit
I'll fade that. Bottom.
ManufacturerWild430@reddit
It'll be red for a day and go back to a new all-time high. Up is down. Left is right. This market doesn't behave like the one we grew up seeing. Unprecedented wealth = Unprecedented markets.
Immortal-one@reddit
Then buy at DOW 40k. It’ll go back up from there.
maroonmenace@reddit
this is the redwave conservatives been harping on about.
Jimmythekids@reddit
Read a little and you will understand the reasoning.
Jimmythekids@reddit
100% bad day tomorrow
Ok-Condition-6932@reddit
This has been everything all the time with any major news?
Useful-Two9550@reddit
Announcements like these always come after the market closes to avoid intraday volatility. This ain’t out of the norm for any president or official.
squidwardTalks@reddit
After-market is already down.
Deicide1031@reddit
That’s the least of your worries. As This initial dip is actually small because the market thinks he’ll change his mind.
He seems to want to burn everything down so I’m not sure he will. In which case the real crash hasn’t happened yet.
TheKrakIan@reddit
It's started hitting the stock market soon after the announcement, Dow was down 2% NASDAQ down almost 4%. It'll be far worse tomorrow.
Kkris2020@reddit
I love this group, the only place where the sky is “falling” every day.
NotHankPaulson@reddit
1929 crash coming in. People in 2019 said they wanted the roaring 20s. I just don’t think they understood what that was gonna bring.
Bobby_Marks3@reddit
Smoot-Hawley market slump is more like it. Take the Dow Jones Industrial Average for example:
The biggest differences this time IMHO:
If there isn't some rip cord that can quickly be pulled to avoid this, America does not recover without winning a world war again. Most of the world has wanted the USD to be struck from it's position as the de-facto global currency, and this will get us there. There are essentially zero industries where the leading players are not well-established globally, and this prevents US companies from establishing anywhere else. Those that can will move overseas, to stay relevant on a market that represents about six times the GDP of the USA (before the incoming collapse of US GDP).
This is one of the biggest unforced errors in human history. Preppers who have land and can be self-sufficient are about to feel so goddamn cocky.
Tanstaf1@reddit
The Great Depression was 1929. Smoot-Hawley was passed in 1930 but its effect was not until later. We have a $36 and $2 trillion (with a "T") debt and deficit. Biden/Yellen switched us from long term treasuries to short term ones, $6.7 trillion of which is coming due shortly. Who's gonna buy the needed renewals and at what rate? Politicians will not cut spending. DOGE savings are a drop in the bucket. We may not know what Trump's tariffs will do, but without bold action we're in trouble. Tariffs or the threat thereof have led to favorable political actions and huge investments in the US in absolutely critical national security industries (AI, chips, etc.). Trump tariffs are just to build his hand to handle the crisis that was already foreseen and impending.
Bobby_Marks3@reddit
We know what they will do - they will make US inflation rampant, weaken the USD, and destroy domestic industry. If bold action is needed, then the best thing to do is to properly wield our strongest assets, like the strength of the dollar, instead of pissing it away by attacking everyone at the same time.
Carefully targeted ones, yes. Rapidfire, broad, unplanned, miscalculated, uneven, inconsistently implemented global tariffs are all making it impossible to invest in anything in the US economy. If you need to manufacture, do you do it in the US knowing that an end of tariffs means you're no longer globally competitive? Or do you do it in Mexico, knowing that tariffs make you noncompetitive as long as they last?
There's no stability to these tariffs, because on their face they are unsustainable. So there is no industry investment, domestic growth, or economic opportunity created here. When the tariffs end we will have nothing to show for it, because broad tariffs do not work for anything except crashing an economy.
Tanstaf1@reddit
A 10% tariff increases the cost for consumers by about 2% - the rest is assumed by the seller or importer about equally. This 2% will be offset by cheaper energy (unless AI demand decreases the increased supply) and by less government regulation.
Domestic industry will benefit as foreign made goods will cost more, making made in America cheaper.
Trump wants everyone to think these are permanent, but they are just bargaining chips and "deals" with other countries or companies will be announced as great news every day for the next 4 years. We will be sick of hearing about them.
The danger is how fast this will happen since if not before the mid-terms we will get a bunch of new pols who will spends lots of your money and send lots of people from the government to help ya and make sure you are forced to do what they think is best for ya.
matt05891@reddit
“Winning a world war again” is such a wrong lesson and crazy perception of why we came out of the first half of the 20th century the way we did.
We siphoned tens of generations of wealth from Europe from both war debt and rebuilding. It wasn’t just Keynesianism into a void, which the western world is largely drunk on as some sort of magic pill. Fighting a world war in our position will gain us exactly zero wealth. We are the European countries this time around, with everything to lose and maintaining the status quo as our great “gain” from victory.
I just feel insane when people think global war would be anything but horrifically tragic for our nation.
fireball_jones@reddit
IDK there's a lot of US infrastructure that might benefit from being bombed and rebuilt. /s.... kinda.
Bobby_Marks3@reddit
I'm not suggesting a lesson to be learned; only that nothing short of a world war would put the United States back on top economically if they choose to burn every bridge simultaneously.
salesmunn@reddit
This isn't an "unforced error" it's intentional. Trump needs to get interest rates down near 3% to refinance the debt. I'd he doesn't, the melt/bankruptcy is going to happen anyway.
Not saying it's right, he should just reform entitlements and raise taxes on the wealthy to get there but, this is the "why" and the only reason.
aznoone@reddit
But both Trump and Vance had huge smiles on their faces in celebration. Then we have some great Bill set to pass soon.
chillandforget@reddit
I wonder if this crossed the line into irreversible damage.
I've always felt that Trump's 2nd term was going to last 6 months until he fucked up the economy so badly, rich people take care of the problem directly.
But now even if the US drops all tariffs and reverses course, they are outed as a totally unreliable trading partner.
NotHankPaulson@reddit
Real Catch-22 territory that this Admin is in. And on all fronts too. The death penalty for Luigi is a prime example of that. If he can avoid it he’s basically beat the admin; and if they do execute him he’ll become a martyr instantly. Everything they start ends in a lose-lose position for themselves.
wussell_88@reddit
Why is this going to cause a 1920s crash please?
NotHankPaulson@reddit
See u/Bobby_Marks3 comment about Smoot-Hawley. Way better of an explanation than I could give you. Should be top of this thread.
PrincessNeptunia@reddit
It's definitely the 20s but temu version with everything broken inside the box 😂
Dry-Interaction-1246@reddit
I suggest investing abroad. The rest of the world will specialize and trade with each other. We will languish as a hermit pariah state.
mathaiser@reddit
Apparently our tarrifs are half of what everyone is already making us pay so I do t get what the problem is.
Dry-Interaction-1246@reddit
You believe anything Trump says at this point?
mathaiser@reddit
I don’t believe anything he says lmao. He’s a damn fool.
StrudelCutie1@reddit
We're so big that we're taking the rest of the world down with us. Happened in 2008.
Bobby_Marks3@reddit
The difference is that the US is making it hard to trade with the US, while the other 200ish countries are all still perfectly willing to trade with one another. They will bail each other out, and the US will have no one.
Investing overseas is good, because they will recover from whatever slump occurs. The US may not.
StrudelCutie1@reddit
The world can't function without the US. The Smoot-Hawley tariffs caused a worldwide depression.
Bobby_Marks3@reddit
Smoot-Hawley caused a depression because every country passed their own version of the bill. The idea was that economic pressure could be outsourced, foisted on trade partners, so everybody stopped trading with everybody else. That is not what is happening here.
Everyone else is gearing up to trade more with one another. Canada and the EU. Canada and Mexico. South America with Asia. Japan and SK with China.
The 1930s were every man for himself. 2025 is the whole world vs. the United States.
SicilianCroat1966@reddit
Wait until the world market starts
Crewmember169@reddit
In my 401k the fund with the highest yield over the last month is the international stock fund.
PitifulMoment9717@reddit
What does this mean for the middle & lower class families and how do we prepare?
SingedPenguin13@reddit
Stock up on bean n rice , plant a garden, raise a few chickens , check on getting meat rabbits…
NumbEngineer@reddit
Sp 500 is very resilient recently. Multiple bounces off 5500. Until that's broken don't freak yet.
noupick@reddit
Were over 100 points below that now
NumbEngineer@reddit
Holy shit brutal morning
NumbEngineer@reddit
Then it's time to freak then isn't it?
Imaginary_Manner_556@reddit
That's because the markets were betting Trump was bluffing. The tariffs are far worse than expected.
AlexmytH80@reddit
I remember the last time the stock market tanked and everyone panic sold. Do you remember how much you lost on the rebound, and furthermore on, not buying the downturn. This is nothing new even if we have a very clear person to throw blame at. Don't panic. Even if your portfolio is devalued for a time, you have lost nothing unless you panic sell.
Really, unless you're not well diversified, this slump shouldn't be much more than just that. Still a lot of folks up for the moth, quarter, and year.
nztings@reddit
While you're correct, this is also a unique situation. With the 2008 crash and the covid crash, institutions worked to recover economic sentiment. With this the main institutional power isn't looking to recover economic sentiment and there is likely at least another 4ish years to go.
Not saying it won't recover, but I'd argue it's much more deliberate and much less predictable.
The US is the biggest economic power in the world and they are drastically shifting foreign policy and trade to become more isolationist. I don't expect this to do wonders for the economy until the current administration decides enough is enough and they want their portfolios to look better.
AlexmytH80@reddit
In the short term, it will be unpleasant compared to what we are used to. But a decade ago, we were paying 5 to 10 dollars a gallon of gas. Every situation is unique. This may be unique from the unique events that caused terrifs to fail when we tried in the depression. At the end of the day, many of the nations that we pay to trade with have gotten rich off of the longstanding policy. It's a parasitic policy that should have been altered appropriately over the years to prevent that.
In the us, policy makers have been watching the nation in decline so as not to inconvenience voters and lose votes. If America's economy is to last more than 20 to 30 years before collapse, the American people will be inconvenienced. I'll take inconvenience now to avoid a collapse vs not feel the inconvenience to suddenly be in something that's irrevocably broken. $$$ won't make good wallpaper. Terrifs may or may not work, but change has been needed for decades, and this is the change we get.
nztings@reddit
The nation has been in decline because of the massive and growing disparity between the rich and poor. Tarrifs may have some positive effects on the domestic industry, but one of the big reasons this is an issue is because American companies outsourced a lot of labor and manufacturing to cheaper countries.
Unfortunately, all that will happen now is that the US is seen as untrustworthy and unpredictable due to these random tariffs and questionable stances on foreign policy with regards to Canada, Russia, and Greenland.
Regardless of whether tariffs are useful in this situation, the way this administration has gone about this is highly questionable and not tactful at all.
The US is trying to incentivise growth in the domestic industry, but the current trajectory won't achieve that because the administration is going about it all the wrong way. People will just start to boycott American products.
AlexmytH80@reddit
So you tell the future. OK, now I get it. You aren't just a subjective observer. Cool story
nztings@reddit
What an incredibly childish response over a lighthearted discussion.
PersiusAlloy@reddit
No, we’ll be okay. Sometimes it’s good to shut your phone off and go play outside
Plant_Expression7459@reddit
I work for AgriLife extension coordinating community gardens and I’m just focusing on how happy and life changing my work is. We are all stronger together than we are apart. In times of strife— a strong community is what sees us through
Drakar_och_demoner@reddit
They probably said that back in the 1920s. News flash, they weren't.
forrestgrin2@reddit
outside:
ThisIsAbuse@reddit
I knew this was going to be a cluster F back in November. 60 percent of my 401k went into cash equivalents.
Beginning-Lie3844@reddit
Its so funny because I as a young person switched from vaping for my entire life to smoking cigarettes.
(im 24) If im to suffer im going to breath sweet burnt tobacco into my lungs
LeftyLu07@reddit
My doctor said they think vaping is worse for you. But it's all gonna have to battle the microplastics for who gets to kill me.
ConfidentIndustry647@reddit
Yeah you need to fire that doctor.
_A_Monkey@reddit
If my doctor said this to me I would take it as a clear ass sign to find a smarter doctor.
ConfidentIndustry647@reddit
With the flavor ban... Many vapors will be switching to smoking.
ThisIsAbuse@reddit
"Sin items", as well as drugs, and staples usually do okay (or not horribly) in a recession. I dont know about a depression.
turfpat@reddit
Thats cuz they’re actually fairly cheap products and the taxes are high to inflate price to keep people from smoking. Thats why you had states right next to each other like IL where it used to be like $4/pack and at the same time WI at $8-9. I think overall its the same now but still tobacco and alcohol are fairly cheap to produce.
Crewmember169@reddit
I went 100% cash. Trying to decide how far the market has to drop before I go back in...
ThisIsAbuse@reddit
I wish I had but glad for what I did. I won’t go full back into market until Trump is out or if the house and Senate flip in 18 months
Crewmember169@reddit
If there is a real crash, I think you need to buy back in. Unfortunately, I have no idea what constitutes a real crash... does a 10% drop count?
Pretty-Balance-Sheet@reddit
Historically, crashes take months to really play out. Well probably see markets down many percent, then bump the day after. There are a lot of green days during a crash, just more red days overall.
I got mostly out mid February. Still about 15% equity and buying more, but the rest is just sitting in the bond market
QualifiedCapt@reddit
From Oct 1929 to July 1932 the market lost 90% for its pre-crash peak. Didn’t really start to recover until 1939. Oh, and tariffs exacerbated that problem too.
Pretty-Balance-Sheet@reddit
Exactly, and the market didn't reach the 1929 all time high for another 35 years.
ThisIsAbuse@reddit
In 2008 - the Great Recession - the market dropped 57 percent. It took several years to recover
Junior_Foundation940@reddit
Did the same with my 401k but went up to 85% cash, 5% international, 5% S&P and the rest towards bonds etc. Only seen about 1% growth this year but at least i feel like I protected 27 years of investing.
mycolortv@reddit
I only moved 30% in Jan so hey you called it better than me. Glad I did what I did but wish I did more. Hindsight is always 20/20 I guess
ThisIsAbuse@reddit
I think your holding the same % in cash as Warren Buffet who was concerned on the overvalue of the market in December. Good for you.
Felix_Todd@reddit
Im an etf investor, I will probably hold because I am young and can endure some uncertainty but at what point does it become obvious that switching to bonds for a few years is better.
ThisIsAbuse@reddit
If I was young like you I would probably do mostly hold. Worst case we enter a few years of difficult times and losses. You have decades.
I want to retire in 5 years
Pretty-Balance-Sheet@reddit
Same boat. Trump crashing the market is a tough pill to swallow. Really difficult to watch that goal get farther away. But I'm all cash now, so whatever happens I'm not exposed.
I feel that this is an intentional crash, so I don't think they'll back down.
OminousHippo@reddit
If you have decades before retirement you should hold onto stocks and buy what you can while the market is down. Selling at the bottom is a mistake. The time to reallocate to bonds was before stocks began to fall as the reality of tariffs set it. Times like these are why it's important to have a solid emergency fund in cash or cash equivalents (to help you stick to your investment plan and not overreact to emotions).
Chaoticgoodmanson@reddit
That is so incredibly ballsy. Good thing you trusted your gut!
This_Possession8867@reddit
PM. You are golden.
MoodBeneficial8437@reddit
Can someone explain what I should be doing as a 30 something year old who doesn’t really understand the stock market? I have a retirement plan through work and a very small amount of investments in vanguard funds. Like what can be done? or should I just wait it out since I’m not that close to retirement.
DinosaurHopes@reddit
leave it alone. if you don't have any debt and surplus cash, increase your investments a little.
otherwise just leave it alone, pay off your debts, keep your expenses low and your pantry deep.
MoodBeneficial8437@reddit
Thanks, ugh this is all so stressful.
Druid_High_Priest@reddit
Well that proved to be false.
BigJSunshine@reddit
This did NOT AGE LIKE MILK! spot on!
Due-Resort-2699@reddit
You know what ? Fuck it . Let’s bask in the fucking mayhem . Why stress over it anymore . 8 billion are gonna have our lives upended by the votes of 77 million idiots. Rather than stress or get pissed off, let’s just laugh at it all. Fuck it all.
Beginning-Lie3844@reddit
I've been there since February. Welcome to the club!
Here's some fun questions, do we want a rust, fallout or hunger games type society?
StrudelCutie1@reddit
Mochigood@reddit
What's a good plague movie? I just got diagnosed with whooping cough because I work with school age kids and these parents can't be bothered to vaccinate. I won't be surprised if it's measles or mumps next.
polchickenpotpie@reddit
12 Monkeys, Contagion, 28 Days Later, The Andromeda Strain, The Crazies remake, Carriers, Maggie, Outbreak, Quarantine (or preferably REC with subs)
StrudelCutie1@reddit
12 Monkeys is great. The early seasons of Walking Dead were fantastic. The 1994 miniseries The Stand started out nice, but I seem to recall that it just got silly at the end. My memory is really foggy since it's been 30 years since I've seen it.
Themountaintoadsage@reddit
What does Brazil have to do with this?
wlea@reddit
[The 1985 film](https://en.m.wikipedia.org/wiki/Brazil_(1985_film) by Terry Gilliam.
Themountaintoadsage@reddit
Thanks!
ThunderDungeon02@reddit
You forgot The Purge
couldbeahumanbean@reddit
That's in Q3 2025
ThunderDungeon02@reddit
Mountain_Fig_9253@reddit
Star Trek had a WWIII that humanity recovered from. I choose that one please.
agent_flounder@reddit
I'm still waiting for the Bell Riots.
k8ecat@reddit
I'm voting for Shangri-la from lost Horizon.
Intrepid_Ad_3031@reddit
Oh I like this one.
I would prefer the fallout route. At least if I dont get taken out by the spectacular fireworks display I'll get to see some really cool shit while trying to survive in the wasteland.
Hunger Games would be a total disaster, the only people to make it would be the absolute unhinged maniacs.
Koshakforever@reddit
Hate to agree but, yeah. Nothing I can do right now but brace for it
Vhu@reddit
Lol thats about where I settled a month ago. Fuck it, let it burn, the idiots wanted this.
salesmunn@reddit
No point in crying about it, that won't solve it.
Significant-Act9196@reddit
At this point I envy the Sentinelese. Wish I could join them
Cll_Rx@reddit
They will get a tariff tomorrow
PhotocytePC@reddit
This is not the reddit post I anticipated would pose a risk of coffee spitting belly laugh. But here we are.
Bipogram@reddit
Not wrong.
PoorClassWarRoom@reddit
Bad news about grains used for beer...
Ryan_e3p@reddit
Good news: Apples grow on trees. Hard cider was one of the original alcoholic beverages in the colonies. Seems fitting that we're going to drink like it's the Revolution.
SouthLakeWA@reddit
Good point. I do have two apple trees and also grape vines. Just need to order some yeast before it doubles in price.
PoorClassWarRoom@reddit
Touché. Cheers 🍻
vertigoacid@reddit
We grow and malt a shitton of them?
Eg. https://www.greatwesternmalting.com/
Ditto to hops. You didn't think the majority of the beer we're drinking in the US is from imported ingredients, did you? Not even craft beer
PoorClassWarRoom@reddit
Cool.
benjunior@reddit
“Ca-chssssssssssshhhhhhh”. Oh that’s cold.
Salt_Sir2599@reddit
Ryan_e3p@reddit
Best thing I have going for me and my family is that for the last 5 years or so, I knew this was going to happen, and have been preparing for it. Food, water, energy, defense, community. It's unfortunate that people who rely on things like medications and things like disability and other social programs are going to suffer, but I am going to take great pleasure in the people who threw all common sense to the wind and hailed Trump and Musk as the saviors of the economy and this country suffering along with living with the fact that they fucking did this.
So, fuck 'em.
jolllyroger027@reddit
Not gunna lie. I haven't had a drink in a month... and I'm with you. Fuck it a glass if bourbon sounds good right now
Immortal-one@reddit
I just drank a Pepsi. And then it’s back to cardio.
agent_flounder@reddit
I hardly ever drink anymore. Tonight might be the night lol.
hackjob@reddit
Happy libation day
DanceApprehension@reddit
Nah friend, I think we're gonna need all our cope to get thru' this n drunk or hungover ain't gonna help.
Johnny44444444@reddit
No. Not when you’re losing tons. Wake up
Street_Barracuda1657@reddit
I’ll relish shoving it up the asses of the aholes who voted for this. And they’re not hard to find since they wear their nitwitted support of DJT like a badge of honor.
hostilebuthospitable@reddit
I’m staying moderately high until the world ends, it’s slightly annoying my wife but them’s the facts.
mikelimebingbong@reddit
Remindme! 6 months
RemindMeBot@reddit
I will be messaging you in 6 months on 2025-10-03 02:01:14 UTC to remind you of this link
CLICK THIS LINK to send a PM to also be reminded and to reduce spam.
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mulder89@reddit
Lets not forget what pushed those 77 million to think this clown was the better option.
BallsOfStonk@reddit
I’m 3 beers deep over the last 60 minutes.
Join me.
beforethewind@reddit
I got sober in 2016. Don’t ask me how.
Still had a lot of work to do and things to learn.
Zapthatthrist@reddit
Time to get the whiskey out.
OderusAmongUs@reddit
https://i.redd.it/9q22up3yjise1.gif
Poutine_Lover2001@reddit
Welllllllrip187@reddit
“He knows those voting machines so well.” Likely plenty less idiots.
TheGreatWhiteDerp@reddit
We can laugh as it all burns around us. Just make sure in addition to bullets, beans, and bandages, you’ve stocked up on mallows, grahams, and chocolate so you can put the fire to good use and make s’mores.
maroonmenace@reddit
exactly. thats what I look at it. I said I hope donald does everything he set out to do and what do you know? He did.
huntermack78@reddit
77,303,568 fucking morons
iridescent-shimmer@reddit
Same. Just trying to stop the bleeding at work, but I already bought up plenty of things I need.
Striper_Cape@reddit
Don't forget the federal government bowing to illegal orders and firings, pretending like it is legal.
toxiccortex@reddit
🚩🚩🚩🚩
Reasonable_Offer_415@reddit
Hey look, Gold is up! That’s always a good sign…right? :Those who know:
tjdux@reddit
I'm guessing gold is up because people who can afford gold are selling stocks and buying gold as it's value is less volatile than cash
Ayotte@reddit
This is what winning looks like.
Flat-Control6952@reddit
I don't mind going broke as long as Elon does too.
blueembroidery@reddit
This is being set deliberately so billionaires will get richer, not poorer.
Empty_Afternoon_8746@reddit
You’ve heard of the pump and dump well this is the reverse pump and dump.
Glittering-Raise-826@reddit
I believe they call it the dump and dump.
Empty_Afternoon_8746@reddit
They’ll pump after they dump for sure!
This_Possession8867@reddit
Of course. If you don’t think Trump had a plan, you are wrong.
aznoone@reddit
Trump will save him with with all the tariff money.
forrestgrin2@reddit
unfortunately everyone will go broke long before Elon runs out of cash.
Lost_creatures@reddit
He doesn't have cash, he leverages his assets to get a loan from the bank to get the money. Tax free.
SomePolack@reddit
A crash will benefit Elon, Tesla stock is actually doing well right now
forrestgrin2@reddit
I guess this old trump clip is very relevant these days
This_Possession8867@reddit
Well I sold my stock before the 2008. Waited and bought a house at the bottom for basically 1/2 what it went for in 2006. And now it’s worth at least 5 times the 2006 boom price in value. Put the rest into the market on the low. Now I’m 50% out of the market again. Didn’t get out at the very top, thought to long but out before all of this…Who knows… maybe buy a house in a few years to flip. Because people will start to lose more houses which is this ripple effect of lose wealth. Video sums it up truly! Look at Buffett going to cash. A wise cookie. If you don’t think many wealthy are dancing right now you are deluded. Of course many rich will lose too but it’s the average person losing their life savings which is very sad and hard times may be ahead. I so hope I’m very wrong!
Money_Star2489@reddit
-8% in the afterhours.
StrudelCutie1@reddit
Elon is heavily leveraged. If Tesla falls enough, he'll have to pony up more collateral for his loans. It's going to be amusing to watch the house of cards collapse.
ReactionJifs@reddit
Each time the price of Tesla goes down $2.34 he loses a billion dollars
He's lost a little over $9 billion in the last 5 hours
FoldJumpy2091@reddit
Beautiful. May it tank completely
voiderest@reddit
You don't lose the cash until you sell at a loss. Try to hold for a few years and sell when the market recovers.
Elon uses his holdings as collateral for loans as a tax dodge. He will likely not be able to wait.
Competitive-Spell-74@reddit
He could lose 99.99% of his wealth and have more money than you have likely ever seen.
This usually helps frame it conceptually: 1 million seconds = ~12 days… 1 billion seconds = ~32 YEARS
He has the most billions
Affectionate_Nose374@reddit
The stock market is rigged so the initial investors (billionnaires) get their money out whilst the rest of us lose it all.
quirkygirl123@reddit
I think of this often.
Hailsabrina@reddit
Maybe maga will finally realize what a tariff is ? Probably wishful thinking though. Sucks for the rest of us who have to suffer as well 🫤. I just know the maga bars/restaurants near me will be complaining
Ryan_e3p@reddit
Here's proof that they're happy about this:
"Hey ya'll, let's absolutely fuck the economy up for at least the next 4 years, but let's not let the adults back in to fix shit like they always do. Yay Trump!"
This right here is proof that these people are the real "insider threat". The "enemy within". Traitors. And they will gladly kill our economy, way of life, our future, just to appease an orange nepo baby narcissist who was never held accountable for his many, many malicious deeds in his life.
The next time you see anyone who voted for Trump, remember: they are never going to be on your side. Even if at some point they show some remorse, remember this: they would gladly vote for him again. If things really do fall apart into civil war in the US, and you find yourself with a Trump voter at your side, remember that they will gladly stab in the ribs where your armor is weakest the very moment someone tells them to do so.
Don't. Ever. Trust them.
Future_Union_965@reddit
MAGA, communists they're all the same .they stab others in the back.
Voljundok@reddit
MAGA are real, verifiable threats to our way of life. They are fascists, unwitting or not.
I've never seen a communist that wasn't a tankie edgelord on the internet, with no influence on anything in real life.
Stick to the real problem, not some boogeyman
Ryan_e3p@reddit
So would a WWII Japanese foot soldier. They also aren't an active threat.
Stalin is dead. Focus on actual threats, not imaginary ones.
Ryan_e3p@reddit
"Yes I voted Trump.... yes I would do it again."
Exactly as I called it. They would gladly stab you in the ribs where your armor is weakest the very moment someone tells them to so. They rave about being against blind loyalty, yet acknowledging that the decisions he made and are continuing to make are going to end badly for this country, they proudly admit that they would do put him in power all over again.
Ryan_e3p@reddit
They won't. They've changed the rhetoric, lied about the meaning, and moved the goalposts so many times that their blind faith is going to lead them walking over a cliff. I say, 'good'.
Steakholder__@reddit
Too many people don't understand tax brackets, something they have first hand experience with. The concept of a tariff will baffle them entirely.
Rougaroux1969@reddit
Trump did a 180. Gonna lower prices on day 1 to its going to hurt but it is for the best. He, nor his voters, understand we are a global economy now and can’t go back to isolationist ways without extracting a huge cost. Some manufacturing needs to be here in the US for strategic defense reasons, but who is going to set up a factory to build cheap trinkets for 5x the cost the Chinese can do it if in 4 years the next president eliminates tariffs?
DoryanTheCritic@reddit
Sadly, the reality is that it started as trinkets, and now it's basically just about every item, so yeah, I'm glad Mr. T. and Mr. E. are willing to take the bull by its horns.
Rougaroux1969@reddit
Maybe you were being sarcastic and “bull by the horns” you meant take down the bull market. Ha.
Rougaroux1969@reddit
The way you grow and people become middle and middle to upper class with nicer lifestyles and better healthcare and all that is that you have to educate the populace and you grow the higher wage jobs, like software engineering and such, while divesting the low wage jobs such as textiles and manufacturing everyday products to lower wage countries. It happened a long time ago with textiles and now things like TVs and Appliances and Cars that were once high tech, are now everyday things anyone can do. The way we are going, we will be a self contained country where not 9th do we pay more for things like healthcare, but we will be paying more for everything. Read about Smoot–Hawley Tariff act.
lori_deantoni@reddit
As you stated, we are a global community. May I add we are all dependent on each other. This administration does not understand that, no country can stand alone.
Murky-Disaster-7876@reddit
Go to the conservative page and see how many support this 😹, actually laughable to see conservatives root for anything DT does. So sad to see America get destroyed by an orange 🍊
Jacksspecialarrows@reddit
That sub is so empty it's really hard to believe he got enough votes to win
buythedipnow@reddit
Hopefully they’ll be closing due to excessive costs and no more jobs for MAGA
No-Heat8467@reddit
Nah, maga will just keep telling us that no pain = no gain. We just have to tightened our belts and bend over or whatever analogy you think is appropiate.
Beginning-Lie3844@reddit
Its like 33% of the population choosing that we all should commit suicide. A majority didn't care enough to get off their ass and the rest just getting fucked by everyone.
MountainGal72@reddit
I hope my vile MAGAt millionaire parents lose their frickin’ shirts!
They voted to strip the rights from their daughters and granddaughters. Screw them.
I’ll see them in hell.
Canyoubackupjustabit@reddit
We must have the same parents.
MountainGal72@reddit
Oof. I’m so very sorry, my friend!
Canyoubackupjustabit@reddit
Haha - me, too!
Jesse_Livermore@reddit
Could be wrong but the fact you're all commenting and predicting this means it almost certainly won't occur. Expect a green Thursday or Friday where all the losses are reversed.
noupick@reddit
Boy I hope you aren't a financial advisor
Jesse_Livermore@reddit
I said Thursday or Friday. Give it a day... Maybe a week... Maybe a month. Definitely not a financial advisor.
Cultural-Author-5688@reddit
What news is there to recover the market? Just wondering
grahamfiend2@reddit
I bet we’re approaching green by market close.
Tariffs are dumb.
Logic doesn’t matter anymore.
noupick@reddit
by market close 2026?
grahamfiend2@reddit
lol, maybe. I was wrong.
wangchungyoon@reddit
Well, we agree on two out of the three
CannyGardener@reddit
Every time I take the approach that the market is doing something irrational and will see loss because of it, I've been burned. The market can stay irrational longer than most of us can stay solvent =\
Bobby_Marks3@reddit
You may not be entirely wrong. It's likely that the market is hard red tomorrow, but it's also possible that people don't understand economics and what we will see is the slow implosion of individual stocks as supply chains get irreparably broken over the next 6-12 months.
Viracochina@reddit
This makes NO sense at all.
Having said that, you're probably right lol
NotDinahShore@reddit (OP)
Could be. We’ve seen crashes undone in the cash market many times.
At some point, though, the dip buyers are going to get badly hurt.
againandagain22@reddit
You were right.
andreiulmeyda7@reddit
So you guys think it will keep dropping lower?
Triingtolivee@reddit
The market is adjusting for a possible recession. Which at this point would be the best case scenario. Hawley-smoot worst case scenario
Joepatbob@reddit
Didn’t we have a growth economy with Biden?
Ok-Huckleberry-383@reddit
Tomorrow, here. Yes.
regular_sized_fork@reddit
It's going to crash. We're about to enter another depression.
cardiganqween@reddit
Am I the only one buying supplies and goods today before companies can up the pricing?
skeebopski@reddit
They upped the pricing 2 months ago
Whole-Signature-4306@reddit
What I got from this is buy, buy, buy if you have extra money lying around.
Can I sell off all stocks now or will it not happen until the morning
elbowpastadust@reddit
If you have the money, industrial commercial real estate is likely to boom
Whole-Signature-4306@reddit
What are some good companies to look into?
elbowpastadust@reddit
Data shows picking stocks is a losing game and one should invest in broad whole market index funds. $VTI for example (whole US market) or $VT if you’re more conservative (whole world market)
seriouslysampson@reddit
Why are “peppers” investing in the stock market? It seems odd to prep for collapse and invest in the collapsing system.
WhatTheNothingWorks@reddit
The stock market is the perfect place to get diversified. Just like you shouldn’t put all your money into gold (or maybe we should at this point), just be smart about where you put it.
Plus, any true prepper is trading futures on the comex so they get a few tons of staples delivered to their door.
seriouslysampson@reddit
I know we’ve got new-right preppers. Is this like neoliberal prepping??
WhatTheNothingWorks@reddit
Is what like neoliberal prepping? Investing in the market?
Prepping entails more than just a bug out bag and Mylar bags of rice. Financial prepping is part of it. And anyone who doesn’t have money in the market is really missing out.
The part about the comex was a joke. Although it’s not really a joke since you could do it, but I don’t know of any preppers that do it.
seriouslysampson@reddit
I invested in land, water, a garden, some animals, off grid infrastructure. I don’t know I guess I just don’t see how stocks are going to help you when the economy crashes. I’m just more into things that have intrinsic value because I think this whole system is falling apart.
WhatTheNothingWorks@reddit
I get that, and you’re not wrong. But a lot of people can’t do that. Also, you’re preparing for the entire system to crash and burn - I agree that’ll happen some day and it’s looking more and more like it’ll happen in our lifetimes, but what if doesn’t?
Those are all good preps you have, and I wish you the best. I wish I had the means to have off grid infrastructure I could bug out to.
seriouslysampson@reddit
If it doesn’t collapse then I’m still living a good life and have removed myself from the systemic problems as much as I can.
It might be harder to do what I’ve done now, but I got this land off about 5 years of hard work and now just keep investing in it every year. My motto back when I made the decision to take this path was collapse now and avoid the rush. I think we’re getting to the rush part.
Natejka7273@reddit
Many preps cost money and can be considered themselves to be an investment. A few years ago I bought 30 acres and am working with locals and some friends to rehab it back into usable and sustainable farmland as well as some timber. Entirely funded by a lucky side investment I made in AMD 15 years ago. This market is trash though, buy puts or gold.
seriouslysampson@reddit
The best preps are learning skills and building community.
woahwoahwoah28@reddit
Hope. I still invest because I’d like to retire one day. I’m hopeful I will. But I prep in case that doesn’t happen.
Natejka7273@reddit
You can invest for a recession, or at least hedge against it. Short positions, puts, gold, precious metals, and (some) treasuries are all investible options for the inevitable pain.
This_Possession8867@reddit
You can set a market sell but it will probably be significantly less than today’s close. Look at after market numbers. How could you have thought buy today and want to sell tomorrow?
jujutsu-die-sen@reddit
Do not take this advice unless you want to end up homeless
keeytree@reddit
It is insane!!
BigNapplez@reddit
Enough-Meaning-9905@reddit
Depends on your broker, you may be able to do after hours trades
wangchungyoon@reddit
Lol
toxiccortex@reddit
Much more pain to come
johnnytripod-@reddit
Everyone on here hates Trump? Harris would have been a better choice?
BoosterZip@reddit
Never seen such delusional thinking in my life.
tommydeininger@reddit
Oh Johnny. You never had a choice.
johnnytripod-@reddit
Oh I am pretty sure I did!
tommydeininger@reddit
If you mean a choice of selection to write what one wishes then yes you probably did.
If it mattered at all, they wouldn't let us do it.
johnnytripod-@reddit
Do any of us really have a choice? Is everything predetermined? In that case, you're correct!
SnoShark@reddit
Whattaboutism there much, bub?
bchamper@reddit
Nailed it!
fultonsoccer7@reddit
So we all shorting the market?
Spunge14@reddit
The right time to do that was 3 months ago
Prof_Kevin_Folta@reddit
Liberation Day- liberating you from an earlier retirement.
Drakar_och_demoner@reddit
77 million Americans fucked over the world economy because they don't like teh gays, trans people and the price of eggs.
Have fun watching it burn.
fellowhomosapien@reddit
...but it's not down 800 bips
mysticscorp@reddit
You see red, I see green
This_Possession8867@reddit
Perhaps you are color blind? 😆
Lorward185@reddit
But the orange man on TV said that we are all going to be rich. Don't worry about what the stock markets say, just close your eyes and imagine yourself rich and it will happen. Dumping all my trades and buying stock in IMaGIN8SHN
This_Possession8867@reddit
I think he meant to say HE will be rich not WE! 😆🤣
cardiganqween@reddit
I’ve had a restless night of sleep. Tossing and turning. Checking the news each time. Hold on to your butts tomorrow. Futures currents down 1031 points.
pintord@reddit
Bought and still holding since 2021 SQQQ, DRIP and PSLV. Currently shopping for THOR motor home.
This_Possession8867@reddit
SQQQ since 2021. Would it have decayed to nothingness by now?
pintord@reddit
yep, full regard!!! It 1/10 at one point, but I believe the QQQ are going to zero, AI is a bubble, we peaked at the fax and Windows XP, so that's it, the potential uptake to SQQQ is unlimited. I only have 1 share btw. r/oilisdead and is gonna go negative, again, That's my case for DRIP.
This_Possession8867@reddit
Ok so value is .10? Yes it’s the degrading factor that crushes you and the daily reset. Plus a fairly great market so owning an inverse would be crushing.
I have seen only a few times I would by an inverse and be so pumped. If Nasdaq is up tomorrow I will jump out my window (LOL I live on the ground floor).
Readonly00@reddit
I thought SQQQ was supposed to be held for a day or two only?
pintord@reddit
yep, that's what the salesman says. Holy shit tornadoes btw.
This_Possession8867@reddit
SQQQ buy it and thank me later. And yes I think it’s carnage tomorrow. According to aftermarket I’m up around 7%
LordLad16@reddit
What's SQQQ? Why do you think it's good to buy
This_Possession8867@reddit
I posted an answer in r/prepperintel. Hope you had a chance to read it
This_Possession8867@reddit
It’s a 3X inverse of Nasdaq. It’s only a good idea for very short term and if you think Nasdaq is going down. If Nasdaq goes up 1% you lose 3% If Nasdaq drops 1% you gain 3%. In general you hold it a day or two, a bit more if the market is in a free fall.
It can’t be a long time stock to hold. It resets daily so it degrades. Pull up a chart. If you spent like $1,000 five years ago it’s worth $40 now (rounding numbers).
Any time Nasdaq is doing well you never want to buy this.
So I bought right before Trump announced and now after hours I’m up 13.4%. It’s hard to say how long I will hold it but let’s give you an idea why it’s bad to keep it to long. You’ve had 2 great days in a row. The third day Nasdaq has a great day, you could lose a lot of money. Most people buy and sell this within a 48 hour window.
Crewmember169@reddit
I think it's a fund that shorts the market but I know nothing.
Electrical_Bicycle47@reddit
Green Day tomorrow
Objective_Problem_90@reddit
Remember, trump himself has been quoted as saying that the current president of the United States should be impeached if the stock market goes down 1000 or more in a day. I know, wishful thinking, but tomorrow is gonna be a blood bath.
jambrown13977931@reddit
This is why Musk bought X with xAI. They knew the market would crash, likely resulting with Tesla also crashing. They couldn’t have their propaganda arm crumble so they used VCs from xAI to outright buy X.
I wouldn’t be surprised if they waited these months because of the backlash to Tesla and their realization that if they implemented immediately after the inauguration they’d be screwed. Instead they needed to wait until they could arrange the buyout.
CeeArthur@reddit
Dumped most of my US equities in December. Put a bunch into a European defense ETF
NotDinahShore@reddit (OP)
What’s the ticker symbol for the European defense ETF? Thanks.
CeeArthur@reddit
EUAD
Count_Bacon@reddit
He's going to cause a depression
sisterfistermike@reddit
Does it make sense to pause my 401k contributions for a while?
StrudelCutie1@reddit
No, you want the tax deduction and employer match. Just stick it in money market until the smoke clears and then buy stocks when they're cheap.
Bobby_Marks3@reddit
Put them in an international index and, even if they slump for now, they should recover like normal over the next two years.
GeologistCreative842@reddit
No, timing the market doesn't work. Time in the market > timing the market. You'll never know when it officially bottoms out. Once it reaches it's lowest, you'll want to be contributing like normal, so when it rebounds in 6 months, 1 year, 5 years, or 10 years, you'll have bought at a big discount and be very positive.
I'm sure people will tell me this is unprecedented, and I won't disagree.
LiveReplicant@reddit
At least ensure they are not in high risk options imo.
jpm_1988@reddit
Margin calls are not going to help either!
feffrey@reddit
Japan dropped 1600 this am. I fear it’s only the beginning.
RoseyOneOne@reddit
I bet Tesla goes up
Embarrassed-Pack574@reddit
I hope it falls 10% and causes circuit breakers to halt trading.
No sense for it to be where it is if we're all going to spend more money. Take that money out of the market.
One-Hurry6840@reddit
It’s already down more than 20% since January do you think it might go further down?
Embarrassed-Pack574@reddit
Stock valuation is not accounting for tarrifs yet.
I think it will go down every bit as much as it did in 2008-2009, top of the peak to bottom of the valley. The current price includes exuberance. That will fall away, and then add more. I say 10% just this week, maybe plus next week.
balldatfwhutdawhut@reddit
People are getting what they voted for sadly 🗑️🔥
Shot_Worldliness_979@reddit
It turns out, thanks to how the numbers worked out in the end, most people are getting what they _didn't_ vote for.
OderusAmongUs@reddit
People are getting what they voted against too.
Historical_Visual874@reddit
OR, he'll reverse them... AGAIN And we'll start all over.
dirty_cuban@reddit
I’m calling it now: tomorrow will be remembered as “black Thursday”.
Crewmember169@reddit
Or will Monday be the big day? Haven't some of the largest crashes been on Monday?
Consistent-Fold7933@reddit
The announced tariffs have had and will have an immediate impact. The markets aren't going to wait until Monday
This_Possession8867@reddit
Look at after market numbers.
jcducky12@reddit
Markets still in free fall
Ryan_e3p@reddit
That NASDAQ
Canyoubackupjustabit@reddit
Even with that it isn't time to buy the dip. Markets have a long way to go before that.
shaddart@reddit
Hard to believe it wasn’t priced in already
Praxical_Magic@reddit
It wasn't priced in because it was secret up until this afternoon, and the markets were betting it would be much less harsh.
aznoone@reddit
They got the kind Trump 50% discount.
boldfonts@reddit
It was because there’s this mentality in the market that it’s all a negotiating tactic for Trump. They look to 2018 and see how he backed off and made new deals. But this time is different and everyone thinks he’s not serious. They think he ultimately wants to avoid a recession and are always confused. But if you see these moves as trying to create desperation it all makes more sense.
wildfire1983@reddit
But it is... That term applies both directions. Up and down.
This is where the sell off is and the incoming crash. There's going to be automatic sales when people start getting close to the minimums that they're willing to make on certain assets. We've been in a downward trend now for a month. With the further pressure that tariffs are going to place on the US economy, It's time to stop thinking about the upward price that's been priced in and start looking at the downward price that's been priced in.
jcb989123@reddit
I asked my broker yesterday "why not sell off my bigger gains in my IRA and accumulate a bigger cash position" but he was like 'no, we like this market and we see it going up'
rich_cabeza@reddit
Sounds like you need a new broker. Guessing they like the commissions.
jcb989123@reddit
You would think selling something would lead to your commissions.
rich_cabeza@reddit
Most brokers get a fixed maintenance fee on your total assets under their management. Depends on the brokerage / fund, but when you sell off your IRA, they may not get paid on that. Alternatively they may get less of a cut than the maintenance fees on a transaction fee. It's important when working with a broker to ensure they are a fiduciary (they are legally obligated to look out for your best interest).
StrudelCutie1@reddit
The company line at my bank is: no one is predicting a crash this year, just volatility. Next year it'll go up. I was just rolling over a CD so there was no incentive for them to lie. I'm anticipating a crash, but I've been wrong so many times that I'm 50% stocks/50% money market at this point.
pooinmypants1@reddit
People need to sell everything. Entire sectors are going to be wiped out
One-Hurry6840@reddit
What about Nvidia?
pooinmypants1@reddit
AI wont exist when China invades Taiwan.
One-Hurry6840@reddit
That’s hypothetical what if they don’t? Also Nvidia is an American company so they might just move to the us
reappliedspf@reddit
So we should buy while it’s on sale, right?
SensitiveWar187@reddit
Get ready for major divestment in the US and new trade deals that will exclude the US
Canyoubackupjustabit@reddit
World markets are doing fairly well tonight.
My guess is that the US markets will suffer, not the rest of the world 's markets.
The world WANTS the US to go down. They've all had enough of our bullshit for decades.
Doctor_Saved@reddit
Buy beer stocks. No way people are drinking less beer over the next few years.
Canyoubackupjustabit@reddit
I hope Budweiser's ok.
/s
Johnny44444444@reddit
Are we winning yet? Bankrupting America.
DiabolicalBurlesque@reddit
"It's a great time to buy discounted stock!" - - rich fuckers as they pour themselves another Yamazaki dram neat.
Miserable_Parking_@reddit
And then the world carries on.
ThrowAwayGarbage82@reddit
Congress just passed the bill to end all tariffs on canada. This will help ease the markets.
CornFedIABoy@reddit
*The Senate just passed a resolution, which carries no weight of law, on a margin that offers no threat of a veto override if it had been a bill. House Dems are circulating a mirror resolution trying to find Republicans to sign on a discharge petition but Johnson won’t let it come to the floor under any circumstances. And since Donny’s got the veto pen there’s nothing Congress can do right now anyway without 2/3 majorities on the issue.
ThrowAwayGarbage82@reddit
Dammit i thought it was a bill
lack_of_cadence@reddit
Don’t forget Aprils initial jobless claims will hit at the same time the market opens. I’d guess the fear and greed index will hit extreme fear tomorrow.
superspeck@reddit
Also PMI numbers drop tomorrow.
lack_of_cadence@reddit
Arguably more important than the jobless claims in terms of forecasting.
superspeck@reddit
Yep. My second career (first was journalism) was in supply chain. I’m actually not expecting a big change this month so it’ll probably be anticlimactic. I’m expecting a huge swing in May’s numbers.
lack_of_cadence@reddit
If I’m not mistaken there’s been subtle negativity in both, but it’s just been reflective of typical business cycles. I’ve been looking at midsummer to see what the market does. Until then cash and business as usual.
UncommonSense12345@reddit
Buy stocks for long term. Try to time the market you will miss out in the long term. This fact has been proven correct for over 100 years.
Bobby_Marks3@reddit
The "fact" is predicated on the fact that it is typically impossible to predict market behavior. This time however, it's a pretty safe bet that the market is going to slump downward at least until the tariffs are removed.
This_Possession8867@reddit
Yes but there are times in history when an exist makes sense. I’m an extremely long term investor. Pulled out of the market way before the crash of 2008 and now I’m 50% out now. Mainly kept sectors that fair well in a recession. Plus selling all my stock, my capital gains would have pushed me into 2 tax brackets above where I am now so stayed up nights hand picking what I kept in the market. Also, Bought SQQQ today and I’m up almost 11% after hours.
In general you are correct but I hope I’m wrong because it could be a long while until you see breaking even. Again, hope I’m over reacting.
UncommonSense12345@reddit
I agree rebalancing your contributions during times of uncertainty may be wise. But for the average investor with a long time horizon (15+ years ) statistically they won’t beat total market index fund with getting cute on changing allocations/selling during downturns etc.
Flat-Control6952@reddit
We've never had orange man.
UncommonSense12345@reddit
We have had world wars, financial crisis, depressions, etc. timing the market doesn’t work. Period. If you are afraid of missing “lows and highs” just dollar cost average your investments by buying in small amounts frequently (I buy a little twice per week no matter what).
SomePolack@reddit
This is a massive deviation from the norm.
dewdropcat@reddit
I immediately pulled my bitcoin. Glad I did as it's already dropping
Imaginary_Manner_556@reddit
Check again
Kevin3683@reddit
How do you pull it?
Friendly_Engineer_@reddit
Firmly?
dewdropcat@reddit
What i meant was that I sold the bitcoin.
SeismicLoad@reddit
Lol when all of reddit is talking about a crash, you won't get a crash
SomePolack@reddit
You see after hours?
SeismicLoad@reddit
Yea looks like buyers are stepping in
herowiggles@reddit
Eh, bet she goes green
One-Hurry6840@reddit
I think so cause the market is already down more than 20% since January so the news is already reflected in the stock market
Unusual_Specialist@reddit
We’re cooked. On a positive note, I am grateful for this group helping us prep over the last 6 months.
Small_Rip351@reddit
Some of that futures action is institutional hedging so they don’t HAVE to sell everything.
Once the opening bell goes off tomorrow, a shit-ton of sell volume will probably hit and may exacerbate the overnight decline. I don’t think too many people are gonna be eager to buy this dip. Massive selloff tomorrow means a lot of margin calls and subsequent forced liquidations Friday and Monday. Although I imagine a lot of the smart money has already deleveraged.
Should be quite a day!
Kind_Problem9195@reddit
I have been watching my portfolio go down for weeks, how will tomorrow be any different than what's been already going on?
1805trafalgar@reddit
If the market doesn't slide 400 points tomorrow you know it's fixed.
Jimmythekids@reddit
Don’t look good, but it is all part of the master plan!
fernblatt2@reddit
10D chess and all that lol
Jimmythekids@reddit
😂 yep flow money to the bond market to bring down rates and pay off debt….. and all that .
RealNuocmamt@reddit
So glad the tide is going out. Hopefully it goes on long enough for the zombie companies to go out of business.
SimmeringPawsOfNirn@reddit
Google hid after-market trading information sometime after 5pm ET. So much for effective search.
lack_of_cadence@reddit
Yahoo Finance is shocking better watch the free fall from there instead.
Crewmember169@reddit
Scam. OP trying to get us to buy stocks in the "future." Don't fall for it.
AppropriateNetwork68@reddit
This is when I just pack what I can on my bike and roll tf outta this place.
Chanisspeed@reddit
Can wait to buy your paper hand losses!
TeranOrSolaran@reddit
Look at the after hours numbers. It’s a fucking bloodbath.
This_Possession8867@reddit
SQQQ my friend! Bought it today. I’m up over 7% after hours.
LadyBird1281@reddit
Sooo, we all buying freeze dried food yet or just me?
Thoth-long-bill@reddit
In temporarily in cash since mid March.
WhatTheNothingWorks@reddit
I’ve been in the VIX since early march. It’s been wild.
Empty_Afternoon_8746@reddit
After hours doesn’t look good, glad I took everything out when this clown got elected.
ejpusa@reddit
ALGO we sweep in. When it gets too esy to make money, it will take you out
Mr-Hoek@reddit
I like until he waited until the markets closed to make the announcement, because he is a scumbag.
It will give faux news time to curate the narrative and delay the market slump until tomorrow.
Honest_Persimmon_859@reddit
Depending on your risk appetite, UVIX probably still has some room to climb.
amginetoile@reddit
Kairosmarmot@reddit
I can’t wait till interest rates have to drop again
NotDinahShore@reddit (OP)
Getting interest rates back down close to, or at zero, is exactly what the end game here is.
Let’s see who wins, the Fed, Trump or the bond vigilantes.
Kairosmarmot@reddit
I am glad not to be the only one that sees this, I have a few venture capitalist friends who are in love with this strategy. The idea of living off loans is incredibly accepted here in the US and my German family can’t understand it. I am a small business owner and am pushed to do this strategy.
BirdLawOfficeESQ@reddit
I’m fairly certain it is crash another -1,000.
Radiant_Cat1457@reddit
Burn baby burn 🔥
PhotoFenix@reddit
Pfft, VIX is doing just fine.
Zoophagous@reddit
After hours is always more volatile, but wow... Shits going to happen tomorrow.
anonmdoc@reddit
EURUSD fluctuated a whole cent. Was wild to watch.
highroller_rob@reddit
I love the smell of trillions lost in the morning
Ok_Fun1950@reddit
Mostly likely you’ll see a dip in the morning to hunt out all the stop losses
toxiccortex@reddit
The SPY is tanking already hard