People complain when prices go up and inflation runs. However, as we see, they complain when prices go down. People are freaking out about the market. How many own stocks?
The price of oil has dropped like a rock. This affects people more than the stock market.
Everything is dropping and Donald is not helping the situation.
Why is he not helping? Do you believe the media and what they say?
Every country got the tariffs hammer and are doing what they can to retaliate. My own country for instance banned importation of good's from the US putting many businesses to a sudden stop.
So Trumps tariffs are bad but all those nations that had tariffs on the US (for decades) it is good?
We've never really heard about tariffs this loud. There has always been tariffs but Trump made it seems like a whole new thing.
Trump just called them out. Simply because everyone ignored them didnt mean they werent in place.
He simply called most countries around the world on their trade restriction and now everyone is upset.
That is like a burglar getting caught and screaming because he was robbing someone.
Well, it has never been like this, hence everyone is concerned about it especially its effect on the financial markets.
Yes, you’re so right—people will find a reason to grumble no matter what! Prices shoot up, they’re mad about inflation. Prices tank, they’re panicking about the market. It’s like, can we ever win? Real life doesn’t care about your portfolio half as much as it cares about your gas bill!
The point is most people do not have much of a portfolio. Nevertheless, the media talks about it like it is something crucial to most people and a barometer on the economy.
It’s a lousy barometer for the economy when it’s really just a rich person’s scorecard. Meanwhile, regular people are more worried about groceries than the Dow. The disconnect is wild!
The DOW is based upon capital flow, not the economy.
Few seem to realize that.