And so...the "recession" begins

Twostep said:
Buy more made in America.
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it can take years or never to see competitive products from america . there are no factorys or means of making most things here .

anyone who sinks billions here to build anything will certainly charge prices on par with the foreign competitors to pay for that money invested

in the mean time everything we can’t do we will all pay more for across the board


plus with massive tariffs in foreign countries american manufacturers will lose business there wiping out any gains in business in america .

its a no win situation
 

MACKTEXAS said:
We know this. There was greater pain when employees were near retirement and there wasn't time to reap the benefits of higher returns when up.

And what you said in this post made sense to me - this part: "this time may be very different because it isn’t just the natural market cycle doing its thing like flu season on us."
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Just woke up to the news of a second plunge for the Stock Markets. The first was not an aberration. It seems to be something a lot more serious.

Australians have a lot of savings tied up in their superannuation funds that cannot be accessed before age 55. This is a boon for our retirements but at this moment it could be our Achilles heel.

I haven't yet seen what is happening with our stock exchange. It doesn't open for another three hours.

Edit - The value of all parts of the Australian stock index fell by a little over 6% as soon as the stock exchange opened. This is in addition to the fall of last Friday which was about 5%. The Aussie dollar also fell against the US dollar.

I have to ask, what did we do to deserve this, and when will it stop? :mad:
 

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mathjak107 said:
it can take years or never to see competitive products from america . there are no factorys or means of making most things here .

anyone who sinks billions here to build anything will certainly charge prices on par with the foreign competitors to pay for that money invested

in the mean time everything we can’t do we will all pay more for across the board


plus with massive tariffs in foreign countries american manufacturers will lose business there wiping out any gains in business in america .

its a no win situation
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Thanks for repeatedly making the effort here.
 
I know little to nothing about stock markets so I decided to start self educating.
I found this CNN website that shows a lot of graphs. I do understand graphs.

All of the graphs are showing that the market is currently being driven by extreme fear.
Not exactly something that we haven't noticed, but the question is what needs to happen to allay that much fear?

https://edition.cnn.com/markets/fear-and-greed

My dilemma is about my allocated pension fund. Should I rebalance my investment spread or allow the people who are managing it to make good decisions on my behalf? I haven't any money in high risk funds but in today's climate cash would seem the better choice before I lose too much of my life savings.
 
Warrigal said:
I know little to nothing about stock markets so I decided to start self educating.
I found this CNN website that shows a lot of graphs. I do understand graphs.

All of the graphs are showing that the market is currently being driven by extreme fear.
Not exactly something that we haven't noticed, but the question is what needs to happen to allay that much fear?

https://edition.cnn.com/markets/fear-and-greed

My dilemma is about my allocated pension fund. Should I rebalance my investment spread or allow the people who are managing it to make good decisions on my behalf? I haven't any money in high risk funds but in today's climate cash would seem the better choice before I lose too much of my life savings.
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I am no qualified financial advisor, and it's unlikely others here are either. No one really knows what the market will do in the days or weeks to follow, but if you have stocks that have taken a significant hit, it may be unwise to sell them at this point. If you have a bit of time before absolutely needing it, I would just hang in there and be patient.

The damage is done, but sooner or later, the odds are extremely high that you will eventually recover any losses. The market has always recovered from big losses, although that may not be true for specific companies. Hopefully the person managing your portfolio has diversified you enough so your eggs aren't all in one basket.
 
Well 50 countries have come running to make trade deals already. Most of this might soon blow over.

Prices are already coming down, since tariffs are deflationary. Mortgage rates are coming down. Gasoline prices are crashing.
 
I assume ya talkin yankie dollars? - the calm before the real storm heh? yep the great maestro certainly knows how the first few bars always go - but the orchestral piece is a tad long? tighten ya circle seat belts this could be a long days night?
 
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mathjak107 said:
it can take years or never to see competitive products from america . there are no factorys or means of making most things here .

anyone who sinks billions here to build anything will certainly charge prices on par with the foreign competitors to pay for that money invested

in the mean time everything we can’t do we will all pay more for across the board


plus with massive tariffs in foreign countries american manufacturers will lose business there wiping out any gains in business in america .

its a no win situation
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Everything can take years. People embrace Temu. Price is everything but they do not want to pay the price just have their cake.
 
Every cloud has a silver lining.

The implementation of international tariffs has taken a heavy toll on Russia’s already weakened economy, which has been reeling from three years of conflict in Ukraine.

Although Moscow was not directly targeted by the US tariffs, the global stock market downturn has had negative repercussions on the Russian market.

For more than three years, Russia has been under Western economic sanctions, significantly cutting into the country’s primary sources of revenue—namely, oil and gas sales.

This week, Russia’s MOEX stock market suffered a sharp 8.09% drop in market capitalization, a plunge not seen since September 2022. Major Russian companies such as Gazprom and Sberbank also saw their shares tumble by 5%.

The independent Russian media outlet The Bell noted that if oil prices continue to fall due to a global economic slowdown triggered by the newly introduced tariffs, Russia may be forced to borrow heavily to cover its growing budget deficit.

MSN
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On the other hand, how will the tariffs affect Ukraine? They weren't mentioned as one of the countries exempt from US tariffs. Will their allies turn inward and cease to support them in their battle with the Russian aggressor?
 
Ukraine is about over, aside from a dirty slugfest that will cost many more lives. Everyone's tanks are blown up, aside from some Abrams from the US pulled back because burning tanks are bad for sales. Supplies of large shells are exhausted. They haven't even been able to get them off the black market.

Russia has all but won.
 
smiley said:
I assume ya talkin yankie dollars? - the calm before the real storm heh? yep the great maestro certainly knows how the first few bars always go - but the orchestral piece is a tad long? tighten ya circle seat belts this could be a long days night?
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.. and keep your arms safely INSIDE the rails
 
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Somewhere, someone mentioned that Russia was not included in tariffs. Just a reminder... We are supposed to have "0" trade with Russia.

There seems to be a great gnashing of teeth over the stock market and how much was lost. I've noticed there is no talk about the gains over the years.
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Frankly, most of the crying is nothing more than partisan hatred oozing out. The market was well ahead of where it should of been and was in dire need of a pullback.
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An examination of why the two lines began to diverge in about 2016, might be a better topic, imo.
 
markets self regulate , but this is not a normal market cycle .

this is self inflicted damage both market wise and global economic wise and with corporate earnings falling off a cliff with these tariffs , valuations are no better .

the lower prices are just reflecting lower earnings and nothing changed.

it is like a house price falling not because of the economic cycle doing its thing , but becsuse the neighborhood turned in to the hood.

its not any better valuation wise , there is a reason it’s only worth that amount
 

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