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Economy

Warpy

(113,390 posts)

3. For the last few days, the bargain hunters have nearly balanced out

Reply to bucolic_frolic (Reply #1)

Tue Apr 22, 2025, 10:33 PM

Apr 22

the people and institutions that are selling off. I doubt that will last much longer and I'm finding it difficult to be particularly optimistic about any part of the US economy while these ideologically driven ignoramuses control the White House and Congress steadfastly refuses to do its job.

Whether or not Putin's Pet Piggy lasts his full four years, thinks are not going to magically improve once he's gone. Trust takes a long time to build but is destroyed rather quickly and it's going to take world markets a long time to trust the voters in the US to forgo electing another raving lunatic to the White House and let him play dictator.

I just hope we can get out of this without a new large scale war.

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STOCK MARKET WATCH -- Wednesday, 23 April 2025 [View all] Tansy_Gold Apr 22 OP

That's an ugly DJIA chart, arguably a head-and-shoulders top bucolic_frolic Apr 22 #1

And it's probably gonna get a whole lot uglier Tansy_Gold Apr 22 #2

For the last few days, the bargain hunters have nearly balanced out Warpy Apr 22 #3

"a new large scale war." bucolic_frolic Apr 23 #4