TBD
To Be Destroyed
this post was submitted on 10 Mar 2025
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The stock market is generally more of a "rich people's feelings" graph - very few Americans relatively are invested in any meaningful way, most if they are do so through a 401k or similar. That said, what "the market" hates most is uncertainty - and there's quite a lot of reasons to be uncertain at the moment between tariff threats and mass layoffs (not to mention geopolitical tensions).
Importantly though (and this is just a personal opinion) I think many stocks on the market are way overvalued. Executives and investors have used every trick in the book to "make a line go up", which means they aren't really operating on any business foundation designed for longevity or to withstand swings in the market. There's bubbles lurking in a lot of sectors. I'd guess at least some of this downwards momentum will be a market correction for some of these issues.
As always though, it's the folks invested through pensions and 401ks that have the most to lose relatively. The big players have probably already taken out their cash and are just waiting to see what they can buy up in a crash.
I watched a comedian on YouTube make a great point: When DeepSeek was announced the markets lost a trillion dollars in value and almost no one noticed except like twelve people.
Josh Johnson
I listen to him at work
He's such a great comedian. He only gets a few minutes a week on The Daily Show, but it doesn't really do much just to show how smart and funny the dude is. I love that he frequently posts full 30 or 40 minute sets on YouTube covering current events.
He's quickly building a core fan base with his current events shows, great mix of comedy and reality
It's pretty easy to swap what's being held in your 401k to Canadian/EU portfolios