The stock market

I hate when you jackwagons make me check in on my portfolio.

Up almost $15K today. One more day like this and I'll be back to Monday - ish.

Wall Street is reactionary AF. I'm here for the long haul... unless, like,...you know I die tomorrow.

But seriously, the reactions of speculators are a $#itty way to invest.
 
and you see it as not being a result of what the Chaos-in-Chief is doing with his on again - off again Tariff policies?
tariff talk has a lot to do with it as well, market is definitely on edge. But the bigger question is: should the markets have been so high anyway???? Need to adjust and take some froth out. And markets do this all the time, they overshoot and undershoot.

But Europe and Asia have significant problems and those are connected to us. EU economy (Germany, Italy) is in a recession, Japan is raising rates. There is a huge USD/JPY carry trade (recycling Yen into USD and buying US Tech). It unwound in August 2024 (remember the big selloff Aug 5th). Same thing is on the verge of happening now. In Germany the DAX has been on a tear. Bonds are in freefall due to a new spending proposal. So there is a lot of Macro that is going on that spills over.
 
Since Flippy likes to laugh (can you even post in your own thread anymore :) ?

Here's a chart of the USD/JPY. The big sell off started in July 2024 (161 to 140) and corresponded to the US equity Market & big tech tanking the same month. Look up "Yen Carry Trade" for an explanation.

USD/YEN has been selling off again since Mid Feb (155 to 147), corresponding with a US Equity selloff specifically big tech.

1741299648624.png
 
If you or anyone feels the need to post politics here feel free. Then you will know why you can no longer post in this thread from that post on
Just a friendly reminder and the reason the last post was deleted that was the warning shot
 
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