Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

malthaussen

(18,061 posts)

7. If it weren't for the fact that so many people have 401ks tied to the market...

Reply to UpInArms (Original post)

Fri Apr 4, 2025, 02:09 PM

Friday

... I'd be laughing like a hyena at this. Sweet to see all the billionaires losing huge portions of their play money.

The fact that it hurts regular people much more than the billionaires ruins it. I'm never allowed to have any fun.

-- Mal

Edit history

Please sign in to view edit histories.

Recommendations

8 members have recommended this reply (displayed in chronological order):

Tumbulu Bengus81 WizGlick 1WorldHope RANDYWILDMAN obamanut2012 AllyCat amortus716

32 replies

= new reply since forum marked as read

Highlight:

U.S. stocks poised for biggest two-day wipeout in history as market loses $9.6 trillion since Inauguration Day [View all] UpInArms Friday OP

And the cause of all this mayhem? Ziggysmom Friday #1

Nasdaq is in bear market territory as of today, Russell 2000 as of yesterday . . . .nt Bernardo de La Paz Friday #2

The DOW was down at one time today around 1,925 or so. It's bounced back up to 1,700 right now Bengus81 Friday #8

Well, they are all in the red now Farmer-Rick Friday #17

Dow still tanking. I'd wait till Monday and see what happens, Bengus81 Friday #18

bear market - can last for years UpInArms Friday #26

I don't even want to look at my investments and retirement funds because it would really depress me ! kimbutgar Friday #3

Don't. It's not pretty. AllyCat Friday #20

Trump insiders are likely trading based on insider information about his nonsensical policies IronLionZion Friday #4

Yep...people with loads of money can make a fortune in this kind of market Bengus81 Friday #6

Exactly. The headlines scream about how much money taxi Friday #9

And....why would anything change on Monday to make the Markets rise? It won't unless Bengus81 Friday #5

No market goes monotonically downwards to its bottom Bernardo de La Paz Friday #12

Perhaps on Monday a break...but this is a global shit storm Trump has unleashed that Bengus81 Friday #19

He'll do about as much to stop it as he did to stop CoVID.... Trueblue Texan Friday #22

If it weren't for the fact that so many people have 401ks tied to the market... malthaussen Friday #7

True..but as we've told MAGA morons over and over what Trump does to Dems will hurt you too Bengus81 Friday #15

DOW 35k is a black magic number. It starts to dip below that its giving back its post pandemic recovery n/t Cheezoholic Friday #10

DOW just hit -2,000+ on the day. Way to go Trump........ Bengus81 Friday #14

...and just like that... LudwigPastorius Friday #11

Glad I only have about 20% of retirement in equities exboyfil Friday #13

Thanks, republican voters Mysterian Friday #16

The choice of music is perfect. TNNurse Friday #21

Snort. littlemissmartypants Friday #24

And futures after the close are all down more than 5%. Scrivener7 Friday #23

I think that is in 24 hours or compared to Thurs close. I think that is just a percent or so from Friday's close. . .nt Bernardo de La Paz Friday #29

Stock market closes week in bloodbath as Trump's tariffs cause historic two-day drop and wipe out $6 trillion Yo_Mama_Been_Loggin Friday #25

Nasdaq falling into a bear market, on trade war worries. usregimechange Friday #27

Only the best republican people. republianmushroom Friday #28

I took my 401K from a targeted stocks retirement fund Karma13612 Friday #30

Each of the 340 million Americans lost $28,824 Jarqui Friday #31

Quite an achievement! Jack Valentino Saturday #32