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[–] 81 points 3 days ago (5 children)

This sort of idiotic bandwagoning unmoored from reality and sensibility is one of the big reasons I no longer treat the stock market with any seriousness. The market drops because… checks notes… the unsustainable bubble that is already starting to pop is probably going to get reined in, and tariffs are probably going to be repealed leading to increased international trade…? 😐

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  • [–] 20 points 3 days ago

    Any chance for big-business conservatives to scare the uneducated with the boogeymen of regulation and taxation on the wealthy (NBC is owned by Comcast, and is run by Michael Cavenaugh, a former banking and private-equity CEO).

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  • [–] 13 points 3 days ago

    The US market is expected to drop because the US market is massively overloaded with bubble tech stocks. DJIA and VGK (FTSE Europe ETF) are up in extended hours. Even VUG (Vanguard Morningstar Growth; US growth stocks ETF) is up.

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  • [–] 1 point 1 day ago

    Well rising interest rates around the world + more attractive stocks for traditional businesses are no longer strangled by tariffs. Migrating that capital isn't going to be favorable for a sector that needs every single penny.

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