If you think we've seen the worst in the stock market

[Warrigal]

My $0.03 is, for weeks, Ive heard experts saying the market was overvalued and a correction was coming.

But it has been most entertaining. Seeing people lose their poop on t v and radio about the tariffs and such when we're tired of subsidizing other countries.

US is a democracy.

People elect people to Congress and the Senate to legislate on behalf of the citizens. They elect a President to protect and defend the homeland. Somehow, I think the traditional roles have been upended. Democracy dies when the Legislative Branch becomes a rubber stamp for the Administrative Branch. That only leaves the Judiciary to defend the people.

Separation of powers is one of the foundations of the Constitution for a very good reason.

US is also a Federation of States.

States have some autonomy to make laws within their borders and the Federal government has its own clearly defined powers. States cannot impose tariffs on goods that cross state borders because it would be a bureaucratic nightmare and would damage the national economy as a whole.

Transferring this idea to the world as a whole, free trade between nations can be very beneficial. So what if US imports a few dozen pairs of shoes or plastic-free hair accessories from tiny Norfolk Island? It doesn't make a jot of difference to the US economy but it helps a few of the Islanders to make a living. How is it reasonable to hit them with a 29% tariff?

Norfolk Island in the South Pacific is closer to New Zealand and to Australia than it is to mainland US. Should they be expected to purchase food and other essentials from Hawaii instead? I very much doubt that there are any flights from Hawaii to NI, or any cargo traffic for that matter. Most of the food that they cannot grow themselves comes for NZ to service the tourism industry, zero tariff.

Realistically, they should probably ignore the 29% tariff, which will be paid by the US customers anyway, and start promoting their products to Australia, New Zealand and other tourist destinations in the Pacific.

29% tariff on very small economies is just bonkers or plain lazy bureaucracy. Also it looks bad and damages the US brand around the world.

 

[OldOld]

The only good news is that musk is losing lots of money and is very unhappy. I really hope karma gives him every horrible thing that he truly deserves.

He has so much money that he probably doesn't care about any financial lost. But it looks like he is losing support from his Tesla board and the general public. He is becoming the richest person with the worse popularity and a very negative image.

 

[dilettante]

US is a democracy.

Actually it is a republic.

 

[Teacher Terry]

US is a democracy.

People elect people to Congress and the Senate to legislate on behalf of the citizens. They elect a President to protect and defend the homeland. Somehow, I think the traditional roles have been upended. Democracy dies when the Legislative Branch becomes a rubber stamp for the Administrative Branch. That only leaves the Judiciary to defend the people.

Separation of powers is one of the foundations of the Constitution for a very good reason.

US is also a Federation of States.

States have some autonomy to make laws within their borders and the Federal government has its own clearly defined powers. States cannot impose tariffs on goods that cross state borders because it would be a bureaucratic nightmare and would damage the national economy as a whole.

Transferring this idea to the world as a whole, free trade between nations can be very beneficial. So what if US imports a few dozen pairs of shoes or plastic-free hair accessories from tiny Norfolk Island? It doesn't make a jot of difference to the US economy but it helps a few of the Islanders to make a living. How is it reasonable to hit them with a 29% tariff?

Norfolk Island in the South Pacific is closer to New Zealand and to Australia than it is to mainland US. Should they be expected to purchase food and other essentials from Hawaii instead? I very much doubt that there are any flights from Hawaii to NI, or any cargo traffic for that matter. Most of the food that they cannot grow themselves comes for NZ to service the tourism industry, zero tariff.

Realistically, they should probably ignore the 29% tariff, which will be paid by the US customers anyway, and start promoting their products to Australia, New Zealand and other tourist destinations in the Pacific.

29% tariff on very small economies is just bonkers or plain lazy bureaucracy. Also it looks bad and damages the US brand around the world.

We used to be a democracy. Congress is allowing the president to take away their power. They could stop the tariffs if they had the guts to do it. If we continue on this path our democracy will be destroyed by September.

Anyone that is reading and educating themselves about what’s happening knows this. We are heartbroken for ourselves and the other countries we are hurting.

 

[Warrigal]

Actually it is a republic.

The two are not mutually exclusive.

From Merriam-Webster -

Democracy or Republic: What's the difference?​

A case can be made for either

Is the United States a democracy or a republic? This is one of those “either/or” questions that seems like it should have a straightforward answer; after all, two such different words must have two different definitions, right?

The short answer is that democracy and republic are frequently used to mean the same thing: a government in which the people vote for their leaders. This was the important distinction at the time of the founding of the United States, in direct contrast with the rule of a king, or monarchy, in Great Britain. In part because that context was clear to everyone involved in the American Revolution, democracy and republic were used interchangeably in the late 1700s. Both words meant that the power to govern was held by the people rather than a monarch.

At the same time, it’s true that there is nuance and difference between these words, according to their historical use and etymology: democracy comes from the Greek roots meaning “rule by the people,” and the most basic understanding of the word’s original meaning refers to direct democracy, as in ancient Greece. In a direct democracy, the people vote directly against or in favor of decisions, policies, laws, etc.

Republic comes from the Latin roots meaning “public good” or “public affair,” used in ancient Rome to mean simply “state” or “country” with reference to the representative democracy of the Roman Republic. The elected representatives in Congress are a contemporary example of this kind of government.

Note that both direct democracies and representative democracies are considered democracies: they are both government by the people.

Because democracy is an abstract name for a system and republic is the more concrete result of that system, democracy is frequently used when the emphasis is on the system itself. We could say that democracy is to republic as monarchy is to kingdom.

These terms are not mentioned in the Declaration of Independence, a document that nevertheless expresses clearly that governments should be established “deriving their just powers from the consent of the governed.” This reads like a definition of both democracy and republic.

In Article IV Section IV of the Constitution, the term republican is used as an adjective: “The United States shall guarantee to every State in this Union a Republican Form of Government.”

In the final analysis, what these words share in meaning is much more important than how they differ.

https://www.merriam-webster.com/grammar/democracy-and-republic

 

[Joey]

this is a big big world and can unbelievable manage without USA at all methinks

 

[Warrigal]

Deleted.

 

[bobcat]

You are correct. There are several different causes for inflation.

From the Reserve Bank Of Australia, tasked with keeping inflation within optimum limits -

The main causes of inflation can be grouped into three broad categories:

1. demand-pull,
2. cost-push, and
3. inflation expectations.

Full explanation here - Causes of Inflation | Explainer | Education

Correct, if you are speaking of general inflation, which I was not, and tried to explain that.
Inflation is a collective word that is often used in sentences in a general sense without discernment that the types are distinctive and qualifying. However, it can lead to misunderstanding if misconstrued.

Price inflation (Which I was speaking of), is an increase in the price of a collection of goods and services over a certain time period (Usually a year or less). It may occur with other forms of inflation, or it may be a short-term phenomenon. The monetary and fiscal policies of governments can have direct effects on the degree and timing of price inflation, often for entire markets but sometimes for specific goods.

General Inflation is referred to as an increase in the level of prices of the goods and services that households buy, and can be measured by the CPI.

Persistent Inflation is an inflation that is higher than a steady rate for a prolonged period is viewed as persistent.

 

[bobcat]

This just in, fasten your seat belts, looks like severe turbulence ahead.
China raising retaliatory tariff rate to 84% in response to the ones levied against them.
Here's the link:

MSN

 

[AnneTeak]

i have lost a considerable amount on my investments and i just want to cry. i live on this. i am sick about it. no one is fighting back. they all fear retaliation. i will remember this when we go back to the polls.

 

[rgp]

We used to be a democracy. Congress is allowing the president to take away their power. They could stop the tariffs if they had the guts to do it. If we continue on this path our democracy will be destroyed by September.

Anyone that is reading and educating themselves about what’s happening knows this. We are heartbroken for ourselves and the other countries we are hurting.

Aren't ya 'throwin' in the towel' a tad early ?

 

[rgp]

i have lost a considerable amount on my investments and i just want to cry. i live on this. i am sick about it. no one is fighting back. they all fear retaliation. i will remember this when we go back to the polls.

Many of us have lost some $ @ this point, don't ya think maybe we should give it a bit of time ? I mean, if it all does go sour in the next year [or so] there will be plenty of time for nay-sayin' and bitchin' then.

 

[dilettante]

"The market" is not a creature. The dips like this one are the result of selling off, and what is going on right now is likely corporate gaming because it pinches their scams.

It might even be compared to the corporate buyouts of residential property that has raised housing costs.

 

[Timewise 60+]

As of 11:50 a/m 04/08/2025

Dow Jones Industrial Average
38,907.07
+2.48%
S&P 500
5,185.61
+2.44%
Nasdaq Composite
16,035.49
+2.77%
Russell 2000 Index
1,834.14
+1.33%
NYSE Composite
+17,717.44

Knight, this would be more valuable if you had been comparing the actual days stock values to something other than a single day before...like the average for the last month or the last year or...? Takes more time but is actually the best way to follow stocks, you have to try and see a bigger picture... Short-term comparisons and of little value, trends are of much greater value...

 

[Knight]

As of 11:50 a/m 04/08/2025

Dow Jones Industrial Average
38,907.07
+2.48%
S&P 500
5,185.61
+2.44%
Nasdaq Composite
16,035.49
+2.77%
Russell 2000 Index
1,834.14
+1.33%
NYSE Composite
+17,717.44

Posted to show how fake news can impact the market. This spike was short lived.

 

[OldOld]

Just daw an YouTube, someone predicts inflation will ho up 50%, the purchasing power of your dollars will be half of what it worths today. Imagine that...
Perhaps I should buy some gold now.

 

[dilettante]

The hair on fire media narrative is merely a beginning to the midterm campaigns. It's political, not real, and people should know better.

 

[Brookswood]

Well, if it‘s on YouTube it must be true. Right?

Just daw an YouTube, someone predicts inflation will ho up 50%, the purchasing power of your dollars will be half of what it worths today. Imagine that...
Perhaps I should buy some gold now.

Buy food. When society collapses you will be able to trade a can of beans for its weight in gold.

I just bought some extra coffee beans at Costco. A small cup of espresso from my kitchen machine will cost you a gold Krugerrand.

 

[HoneyNut]

I'm so annoyed, I bought a few shares of stock and their prices jumped a minute later (which was good), but I didn't see anything in the news for several minutes and yet the stock market had already reacted. Found out the president paused the tariffs but announced it on Truth Social. WTF WTF WTF, this is so insane. I'm glad the markets are up, but wish the government of the US was run as a government and not as a fringe group club.

 

[Brookswood]

Aren't ya 'throwin' in the towel' a tad early ?

I think many of our fellow citizens and contributors spend too much time on social media, the news media, and listening to the rest of the “scare the HECK out of them gang“ of know-nothings. Others may believe differently.

When this mess is all over, it will be interesting to look over all the predictions and claims and compare them to what really happened. Most people (probably me also) will probably look a bit stupid. There might be one or two shining stars. If so, write down their names, and the next time they pontificate on financial matters, pay a little more attention to what they are saying.

 

[Don M.]

It's a bit of relief to see the markets trying to recover today. However, I'm not convinced that this volitivity is about to end. If the markets are still showing good returns in 3 or 4 months, I will be much happier. But, then, if these tariff battles continue, we may be paying $5 for a loaf of bread by Summer. What a mess!

 

[Brookswood]

Now there's a sad sentiment if ever I read one: When all this is said and done, the world will all look stupid for believing what was said by the president of the United States.

I did not say what you think I did. Read the context. I was talking about the social media and the news media. And I suggested that in a few months or a year, people review all the claims and predictions made by people on them. There was no comment on this president or any past president.

 

[NotCompSavvy]

I'm so annoyed, I bought a few shares of stock and their prices jumped a minute later (which was good), but I didn't see anything in the news for several minutes and yet the stock market had already reacted. Found out the president paused the tariffs but announced it on Truth Social. WTF WTF WTF, this is so insane. I'm glad the markets are up, but wish the government of the US was run as a government and not as a fringe group club.

''

but wish the government of the US was run as a government and not as a fringe group club.''

Agree but this was what most voters wanted , they refused to see the writing on the wall and food , meds , etc prices climb but according to him from day 1 we would see a drop .

 

[OldOld]

''
from day 1 we would see a drop .

meanwhile, what happens to the Ukraine War would end in 24 hours? Seems like nobody is talking about it anymore.

 

[NotCompSavvy]

meanwhile, what happens to the Ukraine War would end in 24 hours? Seems like nobody is talking about it anymore.

How true , I have met men from the Ukraine with injuries as Miami was housing them 2 years ago and as soon as able they have all gone back to fight .

I think refugee status for those who stayed like wives with kids is soon ending .

South Florida Ukrainians fear for future as Temporary Protected Status nears expiration​

As the April deadline approaches, thousands of Ukrainians living in the U.S. are left waiting and worrying about whether they will be allowed to stay or forced to start over once again.

South Florida Ukrainians fear for future as Temporary Protected Status nears expiration