Maybe I’m just being optimistic, but if you still have 15/30 years on your retirement horizon, this does not matter much

Really depends how things shake out. I mean, stocks were pretty overvalued etc so some correction felt inevitable.

But, if stocks continue to drop or this insane trade policy lasts long enough to actually restructure the economy, well it’s likely that individual American turns would have less potential for growth and profit you’d thus expect their stocks to have lower potential growth.

But if you’ve got a 30 year time horizon, yeah, very little is super disastrous so much as just a tragic missed opportunity.

DAKKA DAKKA

Seriously?!? What funds was he holding? Almost all of them exploded during Biden’s term! Fox News is a hell of a drug.

Edit: Honestly, in large part, I think you’re right. And I’m usually the one playing the “well actuaaaaally card” so I ought to respect it more. I think you make good points about where people are at in their investment lifecycle. That being said, like a lot of things, I think it’s going to be harder for the younger folks. (I’m an elder, practically geriatric millenial.)

In part, yes, it’s an exaggeration as it is a meme.

That being said, losing a year’s worth of stock gains hurts.

That being said, I wouldn’t trust the advice to buy low. You’re banking on trump reversing course and other nations not ratcheting things up.

Really depends on what stocks you grab. Looks like at least Tesla may be in long term trouble (brand reputation is hard to recover) with competitors beating them on most fronts.

American defence contractors look to lose as Europe and other former purchasers will likely head to local firms instead so as to remove a strategic vulnerability.

And of course, most of the money that is moving through the markets are a few savvy financial players who have already priced in the odds and benefits of a return to normal.

Long term, stocks should come back but whether they do so faster relative to other stock markets or assets? Hard to say. American tech has been long seen as overvalued and wildly out of line with earnings, who knows if absurd valuations are really going to come back?

And of course, all of this ignores things like China taking Taiwan etc which could cripple global growth.

Sounds like you should read the Economist.

Unless a market based approach is the status quo you’re talking about, in which case almost every mainstream news source would count.

Prescient picture, in retrospect.

I am so curious as to how this will go over on lemmy.

Ha, yeah that connection capability made me switch from Qobuz. (My receiver has an app that connects to Deezer, no such luck with Qobuz.)

And fully agree on the playlists, I’ve really dug a few already.

I don’t know if it hits all your needs but I switched to Deezer a couple of weeks ago and I really dig it.

Free trial month and absurdly easy to import all your stuff from spotify, so I’d just give it a shot and see if it scratches your itch!

I love a good jerk chicken:

https://dinnerthendessert.com/slow-cooker-jerk-chicken/

Honestly, I’ve had a lot of success recently using LLMs for suggestions like this plus whatever I have in my fridge. Came up with a tasty siracha maple and maple mustard pair when I saw a deal on shitty bulk maple syrup.

They’ve really let me take advantage of deals and sales etc.

Year to date, stocks are down. 1 calendar year though, most are still up.

I’d say it’s a few things:

1. Stock market loves de-regulation. (Fewer rules -> more profit.

2. Stock market loves the promise of corporate tax cuts.

3. Even with tarrifs and nonsense, most American stock indices are heavily skewed to the magnificent 7, all of which besides Tesla are fairly immune to global trade.

Late 20s. Full head of hair, putting on muscle happened almost accidentally etc.

I’m in better shape now but if I trained then like I have to now…

This is such a good description that I am almost salivating.

Personally, I’ve enjoyed it everytime I’ve been eating them but felt very sick afterwards. Which is fair. If there weren’t consequences I would soon have difficulties fitting into a vehicle.