Lets be honest with ourselves.. after all it is the Trump economy..

[Peacetrain]

Trump announced Linda McMahon will head the Dept of Education.. the woman who is a retired professional wrestling executive

Very first person I would think of to head up a Department of Education

Pell grants , Research grants.. following up on expanding areas of knowledge.. who better than a head slapper

But back to the economy.. Trump announced her today and the market tumbled.. come to think of it.. every time he announces one of these unqualified people it impacts the markets in a negative way..

At this rate he will have bankrupted everyone's 401ks before he is even sworn in

Putin must be thrilled

[Irish_Dem]

1. Putin is destroying the US without firing a shot.

He is thrilled, his dreams have come true.

He has installed his puppets to high office and now owns the country.

[Fiendish Thingy]

2. I'm not worried about my portfolio in the short run

The S&P 500 is still significantly higher than it was before the election, and that was already breaking records thanks to Bidenomics.

A 10-15% correction is long overdue, and it would be delicious if it happened on Trump’s watch.

I think the real damage will occur if tariffs are implemented as Trump campaigned on, mass deportations deplete the migrant workforce, and deregulation and RFKjr start to have significant negative impact on the health and safety of Americans. Consumer confidence would likely take a big hit.

Of course, the biggest risk to investors would be if they start backing Treasury bills with crypto, but I’m not sure the billionaire financiers would stand for it.

[ProfessorPlum]

4. how delightful for you

your views may change when you see how Shock Therapy and severe austerity affect the economy and the precious stock market.

Putin has no interest in keeping America economically strong, and he will cut our tendons soon enough.

[Fiendish Thingy]

5. So many variables at play, and you ignore most of them

You assume Putin to be omnipotent, when he is on the ropes and only has influence over a few key players.

[jimfields33]

3. I hope not. President Biden is president until January 20th

It needs to stay strong.