How about that stock market!

[Robostyle]

Dow tumbles nearly 900 points after Trump reignites trade war between the world’s two largest economies

New York
—
US stocks closed sharply lower Friday after President Donald Trump threatened to hike tariffs on imports from China, reigniting fears of a trade war that rocked global markets earlier this year.

The Dow fell 879 points, or 1.9%. The broader S&P 500 dropped 2.71% and the tech-heavy Nasdaq Composite slid 3.56%.

The S&P 500 and Nasdaq each posted their worst day since April as a slide in tech stocks led the market lower. The Dow posted its worst day since May. The S&P 500’s drop of 2.71% saw the index shed roughly $1.56 trillion in market value in one day, according to FactSet data

How much of your income do you have invested in the US stock market?

 

[rsm]

That's what we did.

same. I always have some cash on the side for down markets.

this is a repeat of April-2025, "tariff fears", though I wish he'd waited until after market close as I had a sell deal I had to stop and put on hold. not a big deal unless I didn't stop it in time.

for those not familiar with the market, they move fast on emotions and statements long before any logic or reason is applied to the situation. It's why they have bubbles that will eventually burst; that's why we have large drops or increases in a single day which may linger awhile.

market emotional moves are like demoncrats - they just act based on emotions without any logic, thought or facts; market fundamentals are facts, logic and reason that can be used to assess any market changes for rational decisions much like conservatives who don't act on emotions without thinking.

There will be tough public statements from the US and China; anti-Trump talking heads will use this to sow FUD and useless noise, pro-Trump talking heads will do the opposite yet create their own noise...meanwhile, some of us will find opportunities and take advantage of them.

In the end, after all the rhetoric and posturing, a compromise deal that saves face for the US and China will be made, and the markets will slowly rise again. Could take a several weeks or a few months.

 

[rsm]

How much of your income do you have invested in the US stock market?

probably only sheep meat, milk and wool - commodities.

 

[rsm]

CrotchBoy's in the RT-OT house again.