Good news if you’re rich as shit and knew this was coming! The rest of us, as usual, can go fuck ourselves.
this post was submitted on 12 May 2025
120 points (100.0% liked)
News
29384 readers
3465 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
Obviously the ultra wealthy can really abuse this.
But if you are in a position where you can put money into a 401k? You will, "benefit" from this because the investment firms using your money are taking advantage of this. Whether you come out better than the massive losses that you have had lighting up your email (because this was the BEST time to turn on all the LLMs to let us know what is happening to our investments and why all these companies are down on a given day...) is questionable but... it is also questionable whether the ultra wealthy are actually benefiting either. Since you tend to not become an 0.1%er without a LOT of investments.
Now, whether there is any form of long term stability is a very different question. Which is kind of "great" for getting across the point that: Either the market will stabilize and your 401k/pension will have value or we are all fucked.
I see we are in full pump mode now, give it a few days and it’ll be dump time
I'm pretty much gonna be out of the market (except 401k) until Trump leaves office. Even without the tariffs Trump and DOGE are gutting agency funds and staff. That's money effectively set on fire and it won't be stimulating the economy at all. Eventually that money will get diverted to the rich I'm sure but that doesn't stimulate the economy nearly as much. Or does anyone think Musk and Bezos will buy millions of steaks or iPads to make up for all the ones that won't be bought anymore because fewer people can afford them?
Think I'm going to move to investments out of the us. I don't trust that hyper inflation won't happen.
Buy the dip!
The dip: 2024-2028.
But... why? It's only a pause and the US consumers are still paying more for no good reason. The situation just went from worst to less horrible and people are buying??
Yay, we're saved! Praise the line! Line must go up!
Just 2000 more points to go to get back to February before he fucked it all up.
Like, I know it's all a scheme to make rich people richer, but we could have just ridden the Biden wave and stayed stable and had the world mostly continue to value the United States the same way, but instead we threw out all the goodwill built up over decades so some rich fucks can play the market.
Looks like we're back in the "pump" phase, folks. Once shit hits a certain point, you just know he's going to say something to tank it again...so, be ready to sell.
They don't even need to do that. Just gather data from certain industries when shortages start happening and you trade before the news.
The prohibitively high tariffs are going down. But there's still a 30% tariff tax on U.S. consumers for Chinese goods, up from 19% (Trump 1.0/Biden) and 8% (pre-Trump)
Give him about 37 seconds and the 30% tariff will suddenly be 8000%.
I have sold all of my S&P 500 shares and will not return until the Orange Turd stops shitting on the markets.
You sold while it was down?
I sold on the last up.
I can’t understand why the markets would go up on this news. Didn’t Trump say the tariffs were bringing trillions of dollars into the US?
Because Trump bent the knee instead of retaining an effective embargo on one of their biggest trading partners.