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?
it’s gonna fall again, sell if you have any stocks at all
No.
Do not sell unless you have to. Selling at a loss, if unnecessary, is just bad financial stewardship.
What you need to do is not make decisions out of fear, but start researching international investments and when the market turns, realign accordingly.
I’ve been thinking converting some assets to cash and keeping some of that as actual physical cash might not be the worst idea.
Sold it all the moment he was declared the next president, I knew shit would happen but I couldn’t have predicted this.
To be honest, I thought he would focuse more on racist, misogynistic and conspiratorial things. I knew he was stupid, but I didn’t think he was threatening-war-to-allies-making-a-secret-police-crashing-the-economy stupid
any economics student could have expected this, even the fact a president can put tariffs to a such incredibly high values shows that it’s essentially a fascist state already, somehow USA in three elections managed to become as bad as Hungary, Turkey and Egypt
Not an economics student, but sounds like an important subject these days huh?
I thought high school economics was a mandatory class? Maybe not with how many people don’t know about tariffs…
Is it mandatory? I don’t recall.
I definitely never was in an economics class.
It is in Michigan. However, I know someone who left michigan as average student was placed in advanced classes in Florida.
In America™, not all education is created equally.
No it’s not mandatory, although sounds like some states may require it.
I don’t think anyone expected almost blowing up the bond market. Why do you think it should’ve been obvious he’d tarrifs the world+allies?