Financial markets around the world are reeling following President Donald Trump’s latest and most severe volley of tariffs, and the U.S. stock market may be taking the worst of it.
    • andyquest@sh.itjust.works
      31·
      6 months ago

      Well I just bought some inverse SP500 x3 ETF so I’ll hold onto that until we reach the new great depression

      • grue@lemmy.world
        81·
        6 months ago

        LOL, good luck with that.

        (Inverse ETFs, especially leveraged ones, don’t work the way you think they do. They’re not really intended or suitable for anything but day-trading.)

        • andyquest@sh.itjust.works
          2·
          6 months ago

          U right, made up some of my losses today but I do plan to sell as soon as it looks sort of stable then I’ll just buy a long put