Trump

[Del Woppio]

I can't see that happening, it just seems far too far fetched. I know it's mental to say that about an administration under which nothing is impossible, but it just feels impossible

 

[leedswolf]

April 20th. Wait to see what happens then. If Trump invokes the Insurrection Act allowing him to declare martial law, and the signs are that he is very likely to, then the US is fucked. There won't be mid-term elections in 2 years there won't be an election in 4 years.

Factcheck - There has been no credible indication or reporting that the U.S. administration is preparing to initiate martial law or that any military mobilization is planned. The order with the April 20 deadline is explicitly focused on "operational control of the southern border," not on broader civil or domestic unrest.

 

[Alan]

Congress has put forward multiple bills to “re-assert” their authority over tariffs. Technically it’s not a Presidential power, which is why Trump has had to crow about fentanyl coming in (dishonestly, to be clear); technically can only be invoked by the President when there is a national emergency, which Congress is saying that there is simply not, or at least not enough that it’s worth taxing penguins over.

 

[Elephant Pyjamas]

Oh he's definitely a fascist, there's no getting away from that now and it definitely isn't diluting the term to call him such.

 

[Alan]

I’m not sure fascist is quite accurate; I don’t think he’s genuinely interested in the good of the State. It’s certainly of a piece with fascism, though.

 

[Wellen Wolf]

Congress has put forward multiple bills to “re-assert” their authority over tariffs. Technically it’s not a Presidential power, which is why Trump has had to crow about fentanyl coming in (dishonestly, to be clear); technically can only be invoked by the President when there is a national emergency, which Congress is saying that there is simply not, or at least not enough that it’s worth taxing penguins over.

Thanks Alan. This sort of precise view is more or less invisible in the MSM. Have a great day over there.

 

[Kenny]

 

[Elephant Pyjamas]

It IS a good time to buy to be honest.

 

[AndyWolves]

it's kinda of funny that Trump is leading exactly the sort of government that many american's (not you alan )argued they needed guns to protect themselves from

 

[Del Woppio]

It IS a good time to buy to be honest.

Predicting the bottom is the difficulty, it'll wipe out a lot of retail investors

 

[Elephant Pyjamas]

Predicting the bottom is the difficulty, it'll wipe out a lot of retail investors

It is, but it always recovers eventually.

 

[ROVERT47]

My stocks and shares ISA has gone into free fall.

 

[AndyWolves]

Predicting the bottom is the difficulty, it'll wipe out a lot of retail investors

It shouldn't, people should invest with a minimum timeframe of 5 years. If you need the money before that, don't invest it in something risky.

 

[AndyWolves]

It's only a good time to buy if you are wealthy enough to have the funds available to capitalise. For casual investors it's not that easy. And if you're a US citizen with your future pension tied up in stocks and shares, it's an unmitigated disaster.
It's another way of shifting more wealth to the already wealthy.

People outside the US paying into pensions will be exposed to the US (unless they actively chose not to), provided anyone close to retirement has followed life styling advice they should be fine.

You are absolutely spot-on, the wealthy will be using this as a massive opportunity to buy.

 

[Elephant Pyjamas]

It's only a good time to buy if you are wealthy enough to have the funds available to capitalise. For casual investors it's not that easy. And if you're a US citizen with your future pension tied up in stocks and shares, it's an unmitigated disaster.
It's another way of shifting more wealth to the already wealthy.

I agree with your overall point, but you could put a fairly modest investment in today and (likely) see a return stronger than a savings account or ISA interest rate in the medium long term.

Obviously there is risks, but after 2008 and Covid the markets always recover eventually.

 

[ROVERT47]

True, it recovers eventually if you’re patient and don’t panic.

 

[AndyWolves]

S&P 500 returns over the last 20 years, average is about 10% but there are no years when it was 10%! Just sit tight and keep investing

edit - I wouldn't invest in the S&P 500, i'd choose an index fund that tracks all markets so you avoid being unduly exposed to one geographic area. Plus, index funds will shift their weighting to be more / less exposed to specific markets over time.

2025	-14.98
2024	25.02
2023	26.29
2022	-18.11
2021	28.71
2020	18.40
2019	31.49
2018	-4.38
2017	21.83
2016	11.96
2015	1.38
2014	13.69
2013	32.39
2012	16.00
2011	2.11
2010	15.06
2009	26.46
2008	-37.00
2007	5.49
2006	15.79
2005	4.91

 

[Del Woppio]

Tariffs paused except for China

 

[Del Woppio]

Markets absolutely soaring (relatively!) off the back of it

 

[Kenny]

Tariffs paused except for China

Just 125% for them now