Gamestop is up.thanks for the update i was wondering what the stock market did today
There's that. I guess.
Trump Tariffs has Countries ready to retaliate?
- Thread starter Over70irregs
- Start date
There's that. I guess.
Who's whining? I'm impressed that Bitcoin held up well today.
Um, I'm pretty sure 401k's aren't politically aligned. Didn't say it was good news. Market conditions were already a big bubble before Trump announced these tariffs. We could be looking at a depression if this doesn't work. Probably 2-3 years before we know. But if people continue to contribute to their 401k's the managing funds have to continue buying stock. When there's a recovery there's a good chance 401k's will do well.
Over70irregs
Well-Known Member
It sure did. Don’t hesitate.
Over70irregs
Well-Known Member
Heard they were stacking. Just sayinGamestop is up.
There's that. I guess.
I'd almost sooner buy DJT stock.
Thebrownblob
Well-Known Member
It’s really just a meme now. They don’t even sell anything anymore.. how are they in business?Gamestop is up.
There's that. I guess.
Thebrownblob
Well-Known Member
That the way it works you don’t make any money buying the top. Now it’s not the time to pull back if you have years left to invest.
I bought a retro console as a gift for someone recently, and had a look around.
They don't have nearly as much gaming stuff as I would have expected.
It seemed to be mostly accessories, "collectibles", and warranties.
I'd assume those are the only things they can get any reasonable profit margin on. It was disappointing.
Thebrownblob
Well-Known Member
Once most of the games went digital, their biggest sales were used games and that is now gone. I really don’t know how they stay in business.
I dunno. 1 man putting tariffs on the whole world seems like an abnormally retarded situation that could keep markets headed down for a while.
Thebrownblob
Well-Known Member
I have a friend in the precious metals business. he’s always amazed how many people start buying gold when it’s at its highest ever. Not that it’s a bad investment even now, but the psychology of watching something go up makes people want to buy it when it should be the opposite.
Depends on how dependent various countries are on the U.S. market. Vietnam for example talked to Trump today about dropping their tariffs. But it's definitely a high risk game he's playing.
Well, good luck to Vietnam.
Israel's Netanyahu has spoken to Trump about tariffs, officials say
“As part of a sweeping new tariff policy announced by Trump, unspecified Israeli goods exports to the United States face a 17% tariff. The U.S. is Israel's closest ally and largest single trading partner.”
—————-
“Israel had already moved to cancel its remaining tariffs on U.S. imports on Tuesday. The two countries signed a free trade agreement 40 years ago and around 98% of goods from the U.S. are now tax-free.”
Doublestandards
Well-Known Member
Reddit. Some guy named deep******value shorted the stocks or something like that and made a ton of money, created a whole community of people buying the stocks and not selling
Doublestandards
Well-Known Member
Their tarrifs were 1%.
Pretty high risk and little reward
But conservative headlines of “Trump gets Vietnam to completley drop their tarrifs” makes it look a lot better than “Vietnam drops 1% tarrif”
ing tariff percentage numbers Trump released.
newfie
Well-Known Member
I thought dems loved taking action that helps and supports our union workers?
Over70irregs
Well-Known Member
Chaching. Heard he has a bunch of friends on April 5th. Fascinating
What about the other restrictions that made it hard for American products to compete? More than just tariffs.
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