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PP_BOY_ ,
@PP_BOY_@lemmy.world avatar

Who gives a shit? Do you own stocks?

ModerateImprovement OP ,
@ModerateImprovement@sh.itjust.works avatar

I don’t get your comment purpose, I found this video to be interesting, thus I posted here for people who is interested in finance in general and stock market specifically.

andrewta ,

Yes.

Also my 401k is heavily set for stocks. So yeah on both items (the stocks and the 401k) the market going up is a good thing for me. I take it you have no 401k or whatever your country has as an equivalent?

just_another_person , (edited )

Nope. The entire bullshit spike from his initial term was all hopes and dreams, and he didn’t do anything to actually bolster the economy or any specific sectors. Exactly the opposite, he imposed tarrifs inflicting damage to many production sectors and physical goods producing companies, lowered the “bottom” of the market by pumping up other sectors with complete fluff and BS, literally handed taxpayer cash to foreign companies that just took it and ran (remember those chip fabs that never happened, or the Foxconn fiasco?), pumped and dumped specific swing states with bullshit “deals” that were never on the table to try and sway votes for reelection (Michigan, Wisconsin, Arizona, and Georgia), and flat lied the entire time about cash coming into the country with no physical goods ever leaving (not possible).

🤡

ModerateImprovement OP ,
@ModerateImprovement@sh.itjust.works avatar

Did you watch the video?

just_another_person ,

I did. The video doesn’t go into any of this, just putting the facts out there so people don’t forget.

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