All things considered, it has only been about 3 months since Trump took office, I feel like there is absolutely no way that this was just a single craze and from here things will even out.
I feel like until 2028 (or maybe 2026?) S&P 500 is going to look like a roller coaster.
What do you think?
What climb? Its still down 8.61% since he took office. Crazy to celebrate losing almost 9%.
By contrast Biden’s second to last year was UP 24.23%. His last year was up yet another 23.31%.
To put dollars on this:
- If under Biden you’d put $100,000 into the S&P500 on Jan 2023 on Dec 31 2023 you’d have $124,230.
- If still under Biden you left your $124,230 in the S&P500 on Dec 31 2024 you’d have $153,188.01.
- Under trump if you’d put $100,000 into the S&P500 on Jan 2025 by today Apr 13th 2023 you’d have $91,390
I see no cause for celebration here.
And the bond market is in freefall… That’s not good, worse than the sp500.
I agree, yet so many are thinking thibgs are okay now, wild
What Trump is doing now will almost certainly outlast his presidency. One man, just one, has completely betrayed all of the trading relationships this country built over the course of a century, and even better, he did it unconstitutionally and Congress went along with it for their own enrichment, both Democrat and Republican.
Supply lines will be recalibrated. Our foreign partners will make new relationships with more dependable trading partners. (ie, China.) Over the course of the next decade or two, the utter stupidity of what Trump has done will play out to full effect. A few hundred Americans who shoved their heads up Trump’s ass will get richer, but long-term, this is going to hurt most Americans.
If you’re not diversifying your investments geographically you’re no longer diversified at all.
What are some simple global things akin to the sp500 that brokers carry, or do you have any recommendations for a set it and forget it kind of thing with a decent and stable return?
Hi friend. There are a ton of options. Many invest in funds VT and VXUS, international funds run by Vanguard. SPDR is also a popular choice.
Take a week and just spend 30-60 minutes a day reading up on the various options in the global arena and make the best decision for yourself. The funds I mentioned above are a good starting point for doing your research and finding an option that fits your goals.
Thanks I’ll look into it
European Aerospace/Defense ETF - ticker EUAD
I have a feeling that greed will entice folks to continue trading with the US, but also while they diversify their trading partners. This will increase competition and somehow the world will be better off after this clown show is over.
I completely agree with you. The real shit show hasn’t even started. The waves from the tsunami will take a while to hit.
Climbing? Wait the market opening react to the new semiconductor tariff bomb released 10 hours ago
Or walking back the laptop/phone exclusions, or China halting rare earth shipments, or…
I have a very hard time believing that the rest of the world will trust the US for a very long time, if ever, so I can’t imagine our financial situation is going to improve for anyone except maybe the ultra wealthy (as usual). I haven’t even looked at my retirement because it’s not like there’s much I can do besides stress about it.
i mean he postponed it for 80/90 days or something so i guess this exact thing is going to repeat itself, because to me that looks like it would be the most profitable for trump
The 90 day pause on tariffs is doing all the heavy lifting right now. We’re going back into crisis mode in a few months.
Meanwhile, the stock market isn’t the only indicator of economic health. Mass layoffs are still happening, prices aren’t falling, inflation is still at risk to blow up again, consumer spending is down, and all the major banks are predicting a recession with better than coin flip odds.
We’re absolutely not out of the woods yet.
Wait for some stupidity to reverse it again. Markets like predictability. This president is anything but.
I bet money on it reversing again (SPY). I intend to do so after this particular instance too.
I’m constantly amazed by people who don’t remember his first term.
Are you people on dope?!
Was it this bad this fast? I Seriously don’t recall it being this bad.
It was horrible though. Maybe the COVID19 kinda overshadowed him. Though the time he asked that it be looked into to us UV light inside the body to treat the virus and the time he recommended injecting or drinking bleach were crazy
Was it this bad this fast? I Seriously don’t recall it being this bad.
It was pretty bad pretty quickly, but it was mostly changes in culture. Things like the “unite the right” rally happened pretty early on in his first term. Ultimately though, he was pretty hamstrung by an unreliable, rotating cast of supporting characters in his first term that weren’t all on board with turning the country into Nazi Germany part two.
He’s shed all of those people and now he’s surrounded by dyed in the wool maga. The GOP and the makeup of the supreme court are also drastically different this time.
But it was terrible his first term, so terrible people don’t even remember all or even most of it.
The only difference is he’s got people who do his insane demented ideas now. It took him awhile to get the turd circus going brcause of all the old school fascist republicans he appointed. Evil but competent men who knew when shooting oneself in the crotch was a bad idea.
By 2018 he’d fired them tho.
Also the fact that it’s his second (and last I’m pretty sure but damn I hate that I can’t be 100%) term so you know, “Last time, YOLO!”
His term launched with the Muslim ban. He tried to repeal Obamacare until John McCain stopped him and he had to settle for tax cuts to the rich like every fucking Republican.
He tried to bully Zelenski into providing him dirt on Joe Biden and launched the Biden laptop scandal on no evidence. But that was after telling people to inject bleach for COVID.
The first three years he was largely restrained by a combination of his own incompetence and establishment Republicans. He relied on them to figure out how to govern. The 2025 people saw that andwent to work to see it won’t happen again in their quest for Gilead.
Almost certain that Trumspki will do something stupid soon and then more stupid shit after that. The S&P will be look like a wild roller coaster.
We’re hardly even three months in… We’ve got a loooong way to go before even the midterms.
The thing about the stock market, no one freaking knows. The market has taken horrible dives before and has recovered. I also don’t believe the USA is the only country that should be worried if something does go down. The fact that some experts are saying things could be different may be worrying, but ultimately no one knows. All we can do is try our best to prepare for the worst. I wouldn’t be surprised if the protests continue to grow over the summer months in the USA.
Of course. I’m still sitting on half the liquidated stocks + bonds I sold 2 weeks before this whole shit. Buying back slowly.
I agree with you and I am trying to take advantage of it. Bought SPY calls @570 for tomorrow. I imagine by Friday it will drop substantially again.
