• TommySoda@lemmy.world
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      25 days ago

      They are literally pumping and dumping the stock market as a whole. It’s market manipulation by tariff as they make bank on peoples fear.

      • witchybitchy@lemm.ee
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        25 days ago

        announce tariffs > market uncertainty > sell off stocks > value goes down > buy the dip > pause tariffs > markets recover > laugh all the way to the bank

        or something like that

        • peregrin5@lemm.ee
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          25 days ago

          That’s what I did. I rebalanced my stock allocation from 50% to 80% and put a few thousand more in the market.

          • Wanpieserino@lemm.ee
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            25 days ago

            General known info would be that lump sum beats DCA 2 out of 3 times. Well, we’re after a crash. So I just am pumping everything into it.

            Into European stock tho, not touching crazy.

            But for anyone reading this: keep an emergency buffer of 6 months on your savings account. Your choice if that’s 6 months expenses or 6 months income.

            If you get fired, you have unemployment benefits, if you get sick you get sick pay.

            We have the ability to seek a bit more risk in our private lives.

            • peregrin5@lemm.ee
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              25 days ago

              I hedge my bets and do both. I deposit a regular amount regardless of what happens but will throw in a bit extra when it’s clear there is a dip. I prefer the international ETFs also. Can’t go wrong being more diversified.

              Double recommend the emergency fund. I have 6 months income but with the current volatility and that fact that I live in this American shit hole, I may want to start contributing more to it to get 9 months at least. But since I have 6 months already I’m fine with not missing this opportunity to buy the dip.

              I only wish I had waited a week to make my yearly IRA contribution. I generally do a lump sum for that since I just max out the contribution for the year with my bonus mainly because it’s easier to keep track of. This event makes me want to rethink that strategy since I missed the dip on that by a week. It probably doesn’t matter that much though since I can’t touch my IRAs for around 30 years anywho.

              • Wanpieserino@lemm.ee
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                25 days ago

                The DCA method. They say time in the market beats trying to time to market.

                But in these times, it’s obviously those with money outside of the market that have the biggest gains.

                COVID had a one month crash. Then here in Europe we had the energy crisis bear phase.

                But between the financial crisis and COVID it went relatively smoothly.

                Future can’t be predicted. DCA or building up a lump sum for a bear phase. No idea which of the two is the best option.

                The latter is probably the safest one.

        • NotMyOldRedditName@lemmy.world
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          25 days ago

          These swings are good opportunities to harvest losses if they cause any and you can move into something else that’s similar.

          Like from a Blackrock 80/20 fund to a fidelity 80/20 fund or whatever it would be.

          Minimal risk but you can still realize a loss.

          I was going to do that until he of course undid it today. My timing was off unfortunately.

    • AbnormalHumanBeing@lemmy.abnormalbeings.space
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      25 days ago

      At this point, I am convinced it’s a pump and dump scheme, still ongoing, too. It only takes a few people in the know of when and where the news break about the tariff supsension, to seriously make a killing on the market, on the backs of others. Trumpists can now also (for a while) feel like their God has saved them again and never steered them wrong, or curse their momemts of doubt, when they did not buy yesterday, as their prophet called for.

      It is a mixture of incompetence, impulsivity, but I am certain at this point, a huge chunk of it is outright corruption and cult tactics.

      • Asafum@feddit.nl
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        25 days ago

        I honestly believe it is intentional as well. The 90 pause that went around social media the other day wasn’t a mistake it was a leak.

        They’d be stupid to not be financially gaining from their intentional manipulation. We hired an entire administration of grifters, what else should we expect?

        • henfredemars@infosec.pub
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          25 days ago

          He literally announced on Truth Social now is time to buy right before he announced the change.

          There’s no arguing about it. The intent is to manipulate the market to make his friends rich.

      • Eril@feddit.org
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        25 days ago

        Any bets that it will take less than 90 days before we get the next tariff circus?

        • Stovetop@lemmy.world
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          25 days ago

          I feel like it’s just going to be round 1 of Canada and Mexico all over again. The pause for them didn’t make a difference. He said “let’s make a deal”, Canada and Mexico made a deal, and then 30 days later the tariffs began regardless.

          No one is making deals this time because everyone knows they won’t affect the outcome. What is affecting the outcome is making threats. So either he just stubbornly waits it out, getting nothing in return before they happen anyways, or he chickens out and walks it all back.

      • Zorg@lemmy.blahaj.zone
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        24 days ago

        2+ million shares of SPY were traded in 3-4 minutes an hour before it broke. Had been pretty much flat since opening for the day. It’s fucking blatant.

        2+ million shares of SPY were traded in 3-4 minutes an hour before it broke. Had been pretty much flat since opening for the day.

      • WatDabney@lemmy.dbzer0.com
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        25 days ago

        Government by a delusional malignant idiot clown.

        An entire administration of delusional malignant idiot clowns in fact…

    • floo@retrolemmy.com
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      25 days ago

      Trump is a dumb fuck who got called on a shit by someone he couldn’t force into doing what he wanted. So, like any bully, he’s “changing the agreement” to appear that he is still in power. Which, obviously, he never was.

    • Kekzkrieger@feddit.org
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      25 days ago

      Trump told his friends to short their stocks, announced tarifs to crash the economy, they all made tons of money.

      Had everyone buy low, announced pause on tarifs, made tons of money again.

      I really hope its that way, and not just trump being batshit crazy and having no idea or plan what to do.

    • nuko147@lemm.ee
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      25 days ago

      I guess the strategy of USA is based on D20 dices. That would be my best guess.

    • ExLisper@lemmy.curiana.net
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      25 days ago

      They wanted to extort other countries but they are too stupid to execute something like this. They used ChatGPT and fake experts to come up with this ‘plan’ and it failed. Now they are bailing. In couple of days they will start droning Mexico or Israel will start another ground invasion somewhere to cover this fuckup with another one.

    • Kühlschrank@lemmy.world
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      25 days ago

      Pure idiotic fuckery is what’s going on and the idea of a market rebound is hilarious to me because even without global tariffs there are plenty of other things he can do and IS doing to create instability in the USA. He’s gotta go, the sooner the better.

    • Lit@lemmy.world
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      25 days ago

      Tariffed countries slapped the woke out of trump and his woke tariffs.