Do you think Trump, Musk and their oligarch insider friends maybe, just maybe, opened short positions on a bunch of stock ahead of the new tariff announcement?
this post was submitted on 03 Apr 2025
726 points (99.2% liked)
News
28307 readers
4002 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
I was considering trying to cash out my 401k and ira in the US (I bought my first house and I think that's one of the allowed cases), but hadn't worked out the details yet. Guess that's not happening right now. I no longer live in the US and will probably renounce citizenship once my parents go.
I looked at my other investments this morning based on this post and.... Lol. Granted, I only one a handful, but it still hurts. My stock that was worth only like 40 cents moved up 5+% so yay for that, I guess.
Yes and the same last month, and the month before.
Do some paper trading when he does this. See how much money you could make if you buy who he is fucking just to turn it around the week after.
To be fair, the market is roughly at where it was in September (pending further tanking). So, not a huge difference...yet.
Got my family out last year, I commute back and forth.
There is something really sick about watching this from overseas, like watching paramedics carry bodies out of a car crash.
But it was no fun when I was there.
Fucking morons shooting themselves in the balls to look tough.
I've only been twice in the last decade: once the year after I moved and summer 2022ish. It's just crazy to watch. My family just offered to pay for us to fly out for vacation but I declined. My non-white wife that doesn't really speek English + immigration now means we're not going near the place.
What happens to your 401k and IRA if you've moved abroad and renounce your citizenship? Will it ever be paid out?
Not an American so I honestly don't know.
load more comments
(5 replies)
He inherited a growing economy, a healthy stock market and low unemployment. He has undone all 3. Power move!
And he was very quick about it. I have never seen anyone deal so artfully before. /s
Be fair, it did take a long time to undo all that...
He's been back in office an astonishing two months. That's a lifetime!!
load more comments
(1 replies)
load more comments
(2 replies)
My 401k today is $520 less than what it was Jan 21st. I put in almost $600 every 2 weeks.
That's a good chunk of change that just disappeared. I can only imagine how much someone with a bigger retirement account than I have is hurting.
It disappeared now. When COVID hit I upped my contribution just to max out when the market was at a low.
The only way for the 401k to disappear entirely is if the entire economy is royally, never before seen fucked and completely collapses. At that point retirement if probably not a possibility anyways.
Any other situation you're essentially 'buying the dip' and will see the returns years from now. Although if you're looking to retire anytime in the near future it will likely be a huge hit on what you can take out.
Switching from pensions to 401ks was one of the greatest swindles of the 20th century.
It's funny seeing how this generation grasps for morsels. Big reason why I don't respect ya'll.
Looking at your comment history, you're an idiot lol
Meh I went through the same shit in 03, 08 and Covid. It hurts but keep depositing and/or increase your contribution. Your future self will thank you.
I sometimes wonder if this time is a bit different, but we'll see. I don't know what qualifies as a safe harbor if donvict's wrecking crew end up destroying the entire fabric of why people invest in the U.S.
Meaning, the dotcom bubble, the early 90s recession, the 08 real estate bubble, the gigantic V that was early covid....those all still had a government that was looking to sustain most or all of our institutions.
Donvict and his crazy Project 2025/fElon dogebags are running around and ripping out the very infrastructure...
Oh I'm not stopping. Just pointing out how this is hurting people's retirement.
And yet people still felt the need to vote for him
I'll never understand this country....
Lack of education, bo lack of racism
And people still thinks he is playing some sort of 4D chess. My friend in Georgia mentioned that people around her says Trump is creating a dip, so that federal reserve will lower interest rate.
Yes, because president can fire tons fedral workers, can send secret police to abduct people, but cannot control the federal reserve, and have to play stagnation or bust.
One of the talking heads on one of those business news shows summed up the theory about lowering interests rates as "it's like burning down the house to cook a steak."
There's no plan here, it's just a deranged old man surrounded by sycophants doing all of the things people previously told him wouldn't work.
Racism.
The south started a war and killed 600k Americans for racism.
It's all some of them care about, it's their alpha and omega.
The trump regime was designed to TANK the US economy so that stocks, businesses, and industries can be bought by billionaires at rock bottom prices.
All is going according to plan.
Its Russia in the 90s all over again. Must be a coincidence that the Russian mafia-turned-regime they're so chummy with, got its foot in the door and secured its power through an almost identical move.
Im wondering if America will have its equivalent of the 1999 Apartment bombings.
No, that wasn't the point.
There were 2 goals:
-
Cut spending to 0 so they could cut taxes (cap gains to 0)
-
Isolate the US from the rest of the world, this is what Putin cares about the absolute most. If we're out of the way he sees Russia as unstoppable (which is stupid, they can't beat any country with functioning tractors).
load more comments
(4 replies)
His MAGA fans likely don't have anything in the market, or they don't think they do, so they think this won't affect them. They are in for a rude awakening.
Yep. The market is a lot like politics that way.
You might not take an interest in markets, but markets take an interest in YOU.
No they are all over invested in the market. The techbros. The effective altruists. The boomers and anyone wealthy. They voted for Trump to pump their bags and dont care about anything else. Only the dirt poor maga aren’t baws deep.
load more comments
(3 replies)
They voted for this. We all have to be onboard for the crash.
There's always a tweet.
This is apparently a fake tweet. An archive of the actual tweet corresponding to that datetime is here.
Time for the rich to buy stocks on discount.
Assuming the US can recover...
Normally Trump does what's best for the ultra wealthy, but de-dollarization of the world economy appears to be good for nobody in the USA. I have no clue what they're trying to do, I suspect he's just lost it and there's nobody left to tell him these tariffs hurt his croneys too.
At this point I wouldn't be surprised if we're already too far along to save the dollar's position globally. Globally that's probably a good thing, but for any of us in the US it's decidely not.
I have no clue what they're trying to do
They published it online. project 2025. They straight up told you what they're going to do. Add in pooty, whose goals align a great deal, and that's it. How do people still not get this, they told you what they're doing.
load more comments
(5 replies)
load more comments
(4 replies)
load more comments
(1 replies)
load more comments
(13 replies)
view more: next ›