I feel like one percent drops were big news and now 10% is like tangental to other stories.
It’s not war, it’s a special military operation
America’s represented constituents at this point are major corporations only. Since the will of the people (minus the 30% who always vote Republican and are brains dead maga) has been ignored for decades, the only way to make the Trump administration feel any pain is by financial ruin.
Time to remove US tech from the EU and ban them from operating. See how quick they will change their tune and force Trump to 180.
I love suffering the consequences of somebody else’s stupidity.
Excuse me, we don’t question Trump’s tac(o)tical genius here. This is only temporary pain while he guides us to a land of oil and freedom.
I know the headline here is in the confusingly concise headline-speak, but I’m pretty sure the people who have been killed is a bigger loss than your imaginary money machine having a number drop.
Oh wait, they’re brown and/or poor, MAGA doesn’t care.
Sometimes economic damage ends up being deadlier than bombs. I don’t care about billionaires, but I do care about people who suddenly can’t afford to travel to their job or pay for groceries or healthcare.
there was a major shipping delay due to the war right as i was trying to get medical supplies. delayed them by a month.
i had two weeks left when i ordered. it normally only takes one for them to arrive. had to go into emergency repair mode and i quite literally was held together with tape and hope when the supplies finally ordered.
i have been fighting with my MD to get more supplies than a bare minimum. She ordered (and paid) for a year’s supply for me immediately after the event, so at least she’s not completely callous.
only therapists around here only offer cognitive behavioral therapy and that does not help with trauma.
Shit they don’t care about little white girls being raped either, I don’t understand where they draw the line… Oh, that’s right, there is no line and they will never draw one. These are not good people with principles. Deplorables is too kind.
Americans don’t care regardless of political party. Democrats are not upset about the people dying, they’re upset the money is wasted on a losing war. They are very eager to continue finding Israel to slaughter children.
You better yield! I’m counting to 3!! One! Two! … Two and half! Two and three quarters…
Okay, I will count to five!
wall street crumbles
Don’t make me count to ten!
It’s interesting to see a situation he can’t fully control the narrative on. I’d argue most things in the US he’s managed to via government pressure or media manipulation (yes, even the Epstein files).
But this time, on an international stage he doesn’t have complete control and man, you can tell really burns him up. He really does think that not only should complete, godly control nationally, it should extend globally.
He literally thought everyone bowed to the US because we were, like, the king of countries or something. Look at all the alliances he burned and expected to continue supporting us anyways.
Yeah cuz that went well
Very sadly, Trump is only interested in personal gain, buying and selling base upon his choices. The rest of the US is going to be recovering for decades
As someone who doesn’t understand the arcane and subtle inner workings of “wall street” I’m just going to ask the obvious: why TF can’t wall street people just ignore Trump’s lies like everyone else?
Or is it just because everyone is bedding down on Thursday night thinking “yeah Trump might tweet something when he’s on the shitter in the morning so better reduce my holdings and see what happens”
The money that is “in” the stock market is the stolen excess capital. There is nothing else to do with it except “invest” it. They can take it out or put it in. That’s it.
Legally they must act in a fiduciary manner. They have to be “rational” lol. Better to just follow the herd than sustain losses that are way out of line, there’s real risk there, of their own money.
But really it’s just because there isn’t anything else to do with it.
Much of the trading on Wall Street isn’t done by humans, and what remains of human trades are increasingly influenced by automatic tools. These tools and algorithms aren’t aware of context, they base their trades on vibes, basically. They tap various news sources, social media posts, etc for signals that indicate a market direction.
Also, a lot of trades are based on what you’re expecting other people to do. If everyone trades that way then nobody is trading based on reality.
Yeah, the algorithms also form a similar feedback loop with their trades. Then you have people and competing algorithms predicting what those algorithms will do and trading based off that and the result is an entirely vibes based economy.
Every rational people stopping for a minute while every stupid crazy mark reacts to Trump is enough to move the market.
Even as everyone has learned by now his words don’t mean anything “real”, there’s still something to be gleaned.
The fact that he’s even looking for an exit speaks to how far he is “committed” to this path. So sure, the “peace talks” don’t really exist, but the fact he says they do exist and keeps claiming they are going well means he wants to reverse course on the flimsiest excuse. So if the circumstances might give him an excuse, it might go away. Iran’s reactions seems they are disinclined to give him that excuse easily, so the chance isn’t huge, but his deadline extension based on nothing suggests he is open to other opportunities to let him back out while somehow saving face. He still cares about saving face enough to make the chances problematic, but at least he’s looking for an exit.
Conversely if he said that there’s no need to let up until the job is done, and his forces are going to imminently secure the strait, then that’s a lie that suggests to not expect relief anytime soon.
It’s about the direction the lie indicates he wants things to go and how that may play into outcomes.
Traders react to what they think is going to happen, not what is currently happening. Also they usually do not trade as emotionally, but rather based on processed information.
It becomes clear that this war is going to last and oil supplies will be further delayed, lowering economical prospects worldwide, which causes the market to react. A volatile market also creates some opportunities for profit as traders can gain both when the market value increases and decreases, depending on how they are trading (although it also increases risk). If you are skeptical, market manipulation is also a possibility as Trump administration is already being investigated for this.Wait…rich people go on their phones on the bog too?
Based on his old twitter habits, I assume every communication Trump puts out is sent while he’s taking a shit
He’s full of shit all the time, so that tracks.
Shit posting president.
Its a statistical certainty.
I’m sure his big, beautiful war will be over within two weeks. Just two more weeks bro, it’s gonna be so good you guys. We’re gonna be winning so much you’ll be tired of all the winning, bro.
He’s got a concept of a plan.
I think he’s more at a “concept of a plan of planning a concept”-stage.
Market Manipulation Friday is tomorrow!
It’s Friday here in Australia!
Same for me mate but we have to let the Americans catch up.
Hey, thanks for being so considerate. Except it was Friday about 5 hours ago for me.
Are you saying the dow is no longer over 50 thou?
Offtopic, but I just think the Dow is just the dumbest thing.
We judge the entire economy based on 30 hand picked companies. And that membership evolves basically to fit a positive narrative if possible. One of the companies does poorly and drags the index? Just swap in a better performing company!
It’s sad but true: until such a time as the US markets bounce back, Trump really did rape those children and try to cover it up. About 3500 more points to go.
About 3500 more points to go.
It’s 4100 right now.
We are getting close to 45k. Let’s see if Trump keeps up the good work.
Taco Friday!
But the DOW!!!11!!111one
