Wake me up when it's worse than 2022.
this post was submitted on 28 Mar 2025
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So what's the explanation for why stocks dropped so much in 2023?
Inflation was part of it, also the Russian incursion into Ukraine was sparking fears of ww3.
The actions of this admin are reigniting those fears and we’re witnessing similar results in the market.
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Its a bit higher than the low it hit two weeks backish on the 13th. Its significant because the bit of recovery petered out and in the past little false recoveries like this was the stair step down that made it into a truly crashing market. It did not so far though fall below the low of the recent drop but it is pretty close to it.
"Technical" analysis is bullshit. There are enough value based indicators that show why the US stock market is going to have a rough time in the coming years without this hocus pocus speak.
E.g. the combined P/E of all stocks on the NYSE is over 25 while that of Nasdaq is over 29. That indicates a massive bubble as this ratio historically averages around 20.
This was already under Biden, Trump is just triggering the correction with his ineptitude instead of some outside factor. The fact he, unlike Biden, is not even trying to resolve the underlying causes will just make it worse.
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Thanks trump. (if he can take credit for Biden's economy then he can take credit for his ineptitude too)
The tarrifs are 100% donnie.
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Wow who would have thought a demented orange traitor shitstain and his micropenis techbro side kick were absolutely imbeciles …..if only there had been signs
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Why is Captain Kirk chilling at the Dow?
