Progressive Politics

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TokenBoomer@lemmy.world

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Stock Market Plummets as Trump Announces New Tariff War (newrepublic.com)

submitted 5 days ago by TokenBoomer@lemmy.world to c/progressivepolitics@lemmy.world

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Donald Trump announced new tariffs will take effect this weekend—sending the stock market crashing.

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[–] henfredemars@infosec.pub 9 points 5 days ago (1 children)

I appreciate the reassurance. I just started a rollover to my new job which means everything has to get sold. I don’t have a lot in retirement, but that’s what I’ve got.

Hopefully, in the grand scheme of things it won’t be a huge deal any more so than the general collapse of society.

[–] bahbah23@lemmy.world 9 points 5 days ago (1 children)

Presumably, if you're selling low, you're also buying low into your new plan. Does it not wash?

[–] henfredemars@infosec.pub 7 points 5 days ago

Indeed! Indeed. That's the hope. Not my goal to cash out.

Of course this won't help if we're all starving but for today I'm still trying to plan for a future.