It was going to be announced at his retirement party on Monday… You know the dev likes surprises.

Maybe I’m just being optimistic, but if you still have 15/30 years on your retirement horizon, this does not matter much

Really depends how things shake out. I mean, stocks were pretty overvalued etc so some correction felt inevitable.

But, if stocks continue to drop or this insane trade policy lasts long enough to actually restructure the economy, well it’s likely that individual American turns would have less potential for growth and profit you’d thus expect their stocks to have lower potential growth.

But if you’ve got a 30 year time horizon, yeah, very little is super disastrous so much as just a tragic missed opportunity.

DAKKA DAKKA

Seriously?!? What funds was he holding? Almost all of them exploded during Biden’s term! Fox News is a hell of a drug.

Edit: Honestly, in large part, I think you’re right. And I’m usually the one playing the “well actuaaaaally card” so I ought to respect it more. I think you make good points about where people are at in their investment lifecycle. That being said, like a lot of things, I think it’s going to be harder for the younger folks. (I’m an elder, practically geriatric millenial.)

In part, yes, it’s an exaggeration as it is a meme.

That being said, losing a year’s worth of stock gains hurts.

That being said, I wouldn’t trust the advice to buy low. You’re banking on trump reversing course and other nations not ratcheting things up.

Really depends on what stocks you grab. Looks like at least Tesla may be in long term trouble (brand reputation is hard to recover) with competitors beating them on most fronts.

American defence contractors look to lose as Europe and other former purchasers will likely head to local firms instead so as to remove a strategic vulnerability.

And of course, most of the money that is moving through the markets are a few savvy financial players who have already priced in the odds and benefits of a return to normal.

Long term, stocks should come back but whether they do so faster relative to other stock markets or assets? Hard to say. American tech has been long seen as overvalued and wildly out of line with earnings, who knows if absurd valuations are really going to come back?

And of course, all of this ignores things like China taking Taiwan etc which could cripple global growth.

Sounds like you should read the Economist.

Unless a market based approach is the status quo you’re talking about, in which case almost every mainstream news source would count.

Prescient picture, in retrospect.

I am so curious as to how this will go over on lemmy.

I love a good jerk chicken:

https://dinnerthendessert.com/slow-cooker-jerk-chicken/

Honestly, I’ve had a lot of success recently using LLMs for suggestions like this plus whatever I have in my fridge. Came up with a tasty siracha maple and maple mustard pair when I saw a deal on shitty bulk maple syrup.

They’ve really let me take advantage of deals and sales etc.

What a sad way to spend your time.

I hope things get better in your life.

I think you might be missing a few things.

First, sure there’s probably some minor feedback but really, outside of luxury goods (which neither Apple or Google are at this point) more customers is seen as better by investors/the market.

Yes, the market is all theatre but amazingly, it’s theatrics to which a great deal of attention is paid. The more share prices of magnificent 7 stocks drop, the more that affects those who have actual power and influence.

Heck, forget abandoning smartphones, living in a cave would be the ultimate way to not contribute to America. But most folks want to balance their morals with a functional life, which for many includes a smartphone.

If you want to slap back, instead of trying desperately to convince maybe a handful of folks to switch to dumb phones over tarrifs, much better to help a lot of people make incremental but helpful changes.