this post was submitted on 28 Mar 2025
766 points (99.1% liked)

News

28227 readers
5181 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
 

US stocks were sharply lower Friday as investors digested souring consumer sentiment and inflation data that showed an uptick in one of the Federal Reserve’s key gauges, underscoring the delicate state of the economy as businesses brace for President Donald Trump’s tariffs.

The Dow tumbled 750 points, or 1.77%, on Friday. The broader S&P 500 fell 2.1% and the Nasdaq Composite slid 2.8%.

. . .

Wall Street was also grappling with Trump’s announcement on Wednesday of 25% tariffs on all cars shipped into the US, set to go into effect April 3. Trump also announced tariffs on car parts like engines and transmissions, set to take effect “no later than May 3,” according to the proclamation he signed.

MBFC
Archive

(page 2) 50 comments
sorted by: hot top controversial new old
[–] [email protected] 11 points 4 days ago

OMG... Trump was lying about fixing the economy? Please say it isn't so!

[–] [email protected] 1 points 2 days ago

This is also called a buy phase

Buy low, sell high

Trumps policies are expected to pass costs on to consumers but have the benefit of maintaining production and development internally which should long term keep more money inside the USA, hardening supply lines against foreign influence. Given that China is openly campaigning for war on Taiwan by 2027 latest, and they're responsible for close to 80% of critical imports to US minerals, this puts the US in a predicament which Trump (probably not on purpose tbh, I won't give him the credit) is preparing for.

Tariffs on raw metals and minerals have proven effective since his first term with significant improvements in domestic refinement.

-"Tardif pass-through and implications for domestic markets: Evidence from US steel imports" Ahmad et al. (2023).

This isn't shared by other aspects of the supply network though like finished products or more complicated manufacturing because market instability halts investment in those areas, so no development actually increases in the US and prices just increase. This is a fatal flaw in the tariff calculus that is hurting trade and the economy. Manufacturing takes years to develop and adapt, and no one will leap on that kind of investment without clear assurances.

[–] [email protected] 14 points 4 days ago

Stable genius getting results!!!

[–] [email protected] 11 points 4 days ago (1 children)

This brings a smile to my face. My stocks are somehow all steady. The smile is not for those like me losing out. It for all those rich 1-3% who it really hurts. When the orange tumor and his apartheid nazi loses their support then perhaps we can do something that doesn't equate to civil war.

[–] [email protected] 10 points 4 days ago

lol, no. Rich ppl just gonna buy when retail sells. Smart money sold already.

[–] [email protected] 2 points 3 days ago (6 children)

Its almost like it can't forever be going up..

load more comments (6 replies)
[–] [email protected] 8 points 4 days ago (1 children)

Its a bit higher than the low it hit two weeks backish on the 13th. Its significant because the bit of recovery petered out and in the past little false recoveries like this was the stair step down that made it into a truly crashing market. It did not so far though fall below the low of the recent drop but it is pretty close to it.

[–] [email protected] 4 points 3 days ago (1 children)

"Technical" analysis is bullshit. There are enough value based indicators that show why the US stock market is going to have a rough time in the coming years without this hocus pocus speak.

E.g. the combined P/E of all stocks on the NYSE is over 25 while that of Nasdaq is over 29. That indicates a massive bubble as this ratio historically averages around 20.

This was already under Biden, Trump is just triggering the correction with his ineptitude instead of some outside factor. The fact he, unlike Biden, is not even trying to resolve the underlying causes will just make it worse.

load more comments (1 replies)
[–] [email protected] 9 points 4 days ago (2 children)

since 2023

So what's the explanation for why stocks dropped so much in 2023?

[–] [email protected] 8 points 4 days ago

Inflation was part of it, also the Russian incursion into Ukraine was sparking fears of ww3.

The actions of this admin are reigniting those fears and we’re witnessing similar results in the market.

load more comments (1 replies)
[–] [email protected] 5 points 3 days ago* (last edited 3 days ago) (1 children)

Wow who would have thought a demented orange traitor shitstain and his micropenis techbro side kick were absolutely imbeciles …..if only there had been signs

load more comments (1 replies)
[–] [email protected] 3 points 3 days ago* (last edited 3 days ago)

Why is Captain Kirk chilling at the Dow?

load more comments
view more: ‹ prev next ›