this post was submitted on 20 Feb 2025
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No Stupid Questions

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I have no idea how while Trump is a) ripping out the underpinnings of constitutional law which, in turn, is all that holds up all other laws (including transactional) in the US AND b) ripping apart the post war Western defense alliance leaving Europe and Australia completely exposed and vulnerable AND c) going to impose global reciprocal tariffs, which are going to kill trade and plunge the country and the world into the greatest economic depression (coincidentally) since the 1930's, how the market isn't down 75% - 90% by this point. Hopes & Dreams? Hallucinogens? Heroin?

What power on earth is allowing Hedge Funds, Banks and Small Investors the justification to keep betting on an underlying business system which is literally being pulled apart at the seams with no real hope of being functional shortly. How is this happening. It's like I'm taking crazy pills every day. The market should look at what Trump's already done (much less what he still promises to do) and say, whoop that's us, we're audi, this is insane, we can't trade our value as a corporation any longer, we don't know where supplies, labor, administration, distribution, sales, or any law governing any of it stands, we have to pull all our monies out, and put them someplace safe like our pockets.

What is happening to keep the market propped up, when literally everything, everywhere that it needs for stability in projected earnings is being hollowed out beneath it?

edit 2/20 : lol edit 2/21: lol

(page 2) 50 comments
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[–] _cryptagion@lemmy.dbzer0.com 3 points 2 days ago

Because the stock market is pure fantasy that doesn't have anything to do with the economy?

[–] roguetrick@lemmy.world 7 points 3 days ago (1 children)

$5 parking right next to the bread line. Not bad.

[–] Barbudo@lemm.ee 5 points 3 days ago (1 children)
[–] roguetrick@lemmy.world 4 points 3 days ago (2 children)

Which is around $5 in today's dollars.

[–] Barbudo@lemm.ee 4 points 3 days ago

Ah I see. Thanks for clarifying your intent.

[–] ShepherdPie@midwest.social 2 points 2 days ago

What's sad is that $5 parking is a killer deal.

[–] scarabic@lemmy.world 3 points 2 days ago

The stock market is a speculative vehicle whereby predominantly rich people get richer. Generally pointing at everything should indicate a lot of rich people getting richer, so what’s the issue? It’s only if you take the valuation of the stock market as some kind of core health measurement of the economy that it stops making sense. Because it’s not that.

[–] finitebanjo@lemmy.world 9 points 3 days ago (3 children)

A little while ago the entire market went red. If it's doing well now then that's only comparative to everything going on then.

That said, gutting regulations certainly will boost profits short term, if you care more about that than human life and happiness.

[–] AlDente@sh.itjust.works 4 points 3 days ago (1 children)

S&P500 closed at an all-time high yesterday. It's not just up relative to a downturn.

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[–] Mio@feddit.nu 7 points 3 days ago

Unfortunately the president does not need to care about what his political party thinks about his action. There is the big problem. Now they have a wild tigger running around.

[–] aesthelete@lemmy.world 8 points 3 days ago

Because the speculative "economy" necessarily grows faster than the actual economy.

[–] jrs100000@lemmy.world 9 points 3 days ago (1 children)

Trump is generating an enormous level of security risk globally, which encourages investment money flow to the country with the biggest military. Ironically, that happens to be the US.

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[–] NocturnalMorning@lemmy.world 8 points 3 days ago (2 children)

It's called 401ks, literally anyone with a 9-5 job has one. The entire retirement system was designed to keep people invested in the stock market and betting on it.

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[–] zephorah@lemm.ee 7 points 3 days ago

Money and 1/2 of Economics is based on magic and “religious” belief.

[–] TerkErJerbs@lemm.ee 6 points 3 days ago (3 children)

Look up how IBM, Coca Cola and Volkswagen (among many, many other companies that are very much still established to this day) got their boom-times during WW2 by supporting both the allies and the fash at the same time. They profited from everything that happened, in every way, and continue to do so.

Fascism is good for business, so to speak.

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[–] xmunk@sh.itjust.works 6 points 3 days ago (3 children)

Look at Tesla stock prices - even after a slight deflation it's astronomically overvalued and divorced from reality.

We're in a speculative bubble baby!

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https://pca.st/episode/6df1a506-9b38-4298-8de5-ec17e71d379b

Here is a great explanation of what you're asking. I trust this channel for news over pretty much anything else.

[–] nutsack@lemmy.dbzer0.com 1 points 2 days ago* (last edited 2 days ago)

The tariffs will trigger a recession for sure. I think the markets are waiting to see what happens with those. A new war in Europe could trigger one as well, but we'd have to see it first. The rest of the things you listed have nothing to do with the stock market.

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