this post was submitted on 04 Apr 2025
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[–] humanspiral@lemmy.ca 2 points 10 months ago

S&P 500 will drop below 4000. Earnings estimate should be adjusted to under $200 after institutions finish selling off. This happens even if Trump asks world to say thank you for reducing tariffs to 10%.

[–] Agent641@lemmy.world 2 points 10 months ago (1 children)

Hindenburg research called this last year, that's why I dumped all my stonks last month.

[–] Dead_or_Alive@lemmy.world 4 points 10 months ago (1 children)

Same, dumped mine just after the election. I’m sitting on a 50% cash position with a very conservative portfolio of consumer staples, health care and bonds.

On a positive note, all the MAGA loyalists I know went all in and are now getting wiped out. Made my last two days hearing them suddenly unsure about it. I keep pushing them to put whatever they have left into Tesla.

[–] humanspiral@lemmy.ca 1 points 10 months ago* (last edited 10 months ago)

Damn... I put all my money into Newsmax at $220/share. Haven't been paying much attention to news, am I doing ok?

[–] inclementimmigrant@lemmy.world 1 points 10 months ago

Good.

Hate to say it because I'm going to suffer a lot too despite not remotely voting for this, but honestly fucking Americans need to fucking learn that voting and not voting has consequences and if we all have to suffer to learn that God damn lesson of Nazis should be punched and not put into office, so be it.