TBD
To Be Destroyed
He did say he would be bringing prices down on day 1, just didn't clarify he meant stock prices, not grocery prices.
this post was submitted on 10 Mar 2025
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As of 1:00 PM EST, it's down 12% on the day and dropping 🥰
As of 3:00 PM EST, it's down over 15% on the day and in a bit of a further swing 😍
🍿🍾
You love to see it.
I love it.
My 401k lol
Moved mine to 100% international allocations on the 4th, up like 3% since then, highly recommend
Shit, great idea... I should've realized that sooner.
Yup. Ouch.
Buyeu and buycanada are gaining momentum?
I agree with the sentiment but I work in IT and yearn for when we will get rid of Microsoft, Amazon, and the tech giants.
My mother won't buy anything American at the grocery store but uses Amazon and Facebook every day.
My coworkers won't buy American products but use Windows, Teams, and Office every day.
I may be using Linux, open source software, and avoid American tech when possible, but I still use Google and Gmail.
At some point we may want to (or should) also extend that boycott to software and tech services. Have our governments, institutions and people not dependent on American corporations. It can only be good for our sovereignty anyway.
I asked in another thread about the possibility and likelihood of a sort of "digital embargo" where the states would order American companies like steam to halt service.
Forget not being able to get oranges or having to eat frozen veggies part of the year, this is somewhere that I can't really change my buying habits and move on (my steam library can't leave steam in this example)
The FO phase of FAFO.
All I see here is a bunch of companies that were massively over valued in the first place.
I sleep.
One can hope for it to be Consequences of their actions.
They are still saying it is "normalizing".
Yeah, right.
“Normalizing” = we dgaf what happens to everyone’s finances because we’re completely insulated from the effects.
Big Tech always amplifies gyrations in the market. Hence, every single one of these stocks (except Microsoft, I just checked) is still beating the S&P 500 over 6 months, even with these drops. And Microsoft is still way up in the long term.
Look, I want meteors to hit them all, but huge swings are the norm for these now. Hotter stocks trade a lot like crypto these days.
Hotter stocks trade a lot like crypto these days.
Hum... That's not a good sign.
Instead, that's a really strong indication that people believe those stocks have the same kind of fundamentals than crypto.
Tech stocks are overvalued right now because they're all inflated by AI hype. When that hype finally collapses the crash is going to be nasty.
It’s more an implicit acknowledgment that it’s all a game. Kind of like crypto, roulette, or poker.
Hotter stocks trade a lot like crypto these days.
It's all the same casino.
In the long run other countries are going to pivot away from American companies and likely ban facebook, x, etc.
I'm yelling timber!
You better move. You better dance.
Rodrigo Duterte
It’s stocks, innit?
There goes my savings
Line goes down, arrows go up.
Where AMD, Nvidia and Intel!?
Karma. Thats what's goin down!
Mundus sine caesaribus is what's going down.
Everything! 🔥