Summary

The U.S. stock market has lost over $5 trillion in value in three weeks as the S&P 500 fell 10% from its record high.

The decline, driven by concerns over Trump’s trade policies and slowing economic growth, has led to weaker consumer sentiment and cautious corporate outlooks.

Barclays strategist Emmanuel Cau noted rising uncertainty among investors.

The selloff has also hit AI-related stocks, with Nvidia down 17% and the Magnificent Seven ETF falling 16%.

  • slazer2au@lemmy.world
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    22 hours ago

    True, but that doesn’t apply here because it implies you want to buy it at the bottom and sell at the top.

    Where if you are holding long term buying at any point after a drop is a good time.

    • BakerBagel@midwest.social
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      18 hours ago

      Or you buy stock in company that has just entered into a death spiral. There is still an actual business that you are buying stocks for, and they can always fail in a downturn

    • jackeryjoo@lemmy.world
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      22 hours ago

      True, assuming you’re willing to hold through however long the bear market lasts.

      But you will be holding for however long that is.

      In a way, things like that are like trying to predict the stock market in the same way that a farmer’s almanac predicts the weather.

      The truth is, we’re way into uncharted territory here. The USD might be replaced as the fiat currency of choice for the world, and if that happens, all bets are off.

      That’s to say nothing of the tariffs potentially crippling or bankrupting many companies and sending us into a recession/depression, where once again, all bets are off. There’s no guarantee a recession or depression will end within your lifetime or mine, or that the USD won’t crater, etc.

      Or something like WW3 happens, or we get sanctioned from the rest of the world for aggressive military acts against: Canada, Mexico, Panama, Greenland, etc.

      These are all things that have never happened before in the modern day and we don’t know exactly how they’re going to affect our stock market, but it absolutely won’t be good.

      • slazer2au@lemmy.world
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        21 hours ago

        My believe is at some point the lobbyists of the 1% that have seen their wealth eroded by a sizeable chunk will have a stern discussion with the orange megacunt and he will back down to just a regular orange cunt.

        Anyone with half a brain will know that ww3 will kill any semblance of power and influence the wealthy have now. This isn’t the Fallout universe where a select few will rise from the ashes. It will kick us closer to the age of strife in 40K

        • jackeryjoo@lemmy.world
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          7 hours ago

          Unfortunately, if we’re using history as a guide here, we see that this isn’t what happens in other fascist regimes. Instead, the “industry titans” capitulate to the dictator, and the dictator treats them as a piggy-bank and pushes them out of a window anytime they need more funds for the “state”.