We haven’t broken even since “Liberation Day” when you factor in the USD’s 11% loss in value against the Euro at the same time
“All time highs” just like Twitter’s “record traffic.”
All businesses grow or die. That means they are typically at “all time highs” on any given day unless something goes really wrong. Do we wake up every day and shout about how the human population of earth is at an all time high? No. This is something that’s typically always growing slowly so it is not remarkable when it reaches a new number.
It’s always conservatives trying to claim big credit for some routine shit like this. They just love simple phrases like “all time high.” It’s like saying “housing crisis? what housing crisis? the number of homes built on this planet is at an all time high!”
GDP is calculated by subtracing imports. Last quarter, GDP grew by 3.8% in the US compared to the previous quarter, which would normally be extremely good.
The import situation tells a different story. The previous quarter, suppliers were bulking up on imports because they wanted to get ahead of the tariffs. That meant there was a big subtraction from those numbers. Now the suppliers are sitting on what they have and not importing anything, meaning there’s only a tiny subtraction to last quarter’s numbers. These sorts of big shifts are never good things.
Just goes to show how much more effective one side is at advertising.
Guess which one has the money for it?
To say nothing of the propping-up effect the big Tech buying AI stiff stimulus package is having.
Monthly sales
The stock market also isn’t the economy. Stocks going up means nothing to most people.
Yup. And most index funds that the majority of 401/403/Roth participants are in, won’t be seeing the massive gains that tech and military contractors are seeing. It will bypass most people.
If you wanna try and get in on some of my new prospects, I think MVST, KOPN, PDYN, and GSAT will be good to get in on now. Also ARCC, NOK, and EPD if you like dividends. And naturally SOFI and RKLB when they have a good dip
What are you talking about? Tech stock growth is what is driving the growth of the S&P 500 and that is the most common index that funds track.
I get my stock trading guidance from johnnyflapholeseed on lemmy. Oh, you’ve never heard of him? And you want to know what’s a lemmy?
Exactly. Before the trump dump my day trade account was up 90%, then Trump came in and boom, the dump happened and I went as low as -5%. I’m up 103% today, but it would be higher if we didn’t have the giant rug pull, followed by bullshit policies
The scary thing is the markets don’t appear to be reflecting the economy of us plebs. Things aren’t great for anyone I know or talk with, but the markets don’t tell that story. I just wonder how bad things get if/when this AI bubble pops.
Yeah and then in April-May-ish 2026 he drops most/all of the tariffs, creates another vertical spike. Declares the “Biden economy” finally over. With lots of good economy numbers heading into the 2026 election.
I really don’t think we make it to 2026 before we wish we were a communist country with bread lines. When this shit crashes it’s going to be like nothing the west has experienced in a lifetime. Maybe I’m wrong. But our economy is being held together with single ply toilet paper right now.
I doubt it, damage has been done beyond just costs of things. Bridges have been partially burned. Reputations thrown in the trash.
Yes, but the PR battle is pretty much the only one Trump cares about, and the electorate can’t usually remember past 3 weeks ago.
Line go up
Tariffs go brrrrr
I was told there would be $5,000 DOGE checks
The old cropped graph with no labeled axes trick. Works every time.
