• protist@mander.xyz
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      6 days ago

      First thing I thought. Even after today, the S&P 500 is down 5% on the month and 10% since Trump took office

    • Dead_or_Alive@lemmy.world
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      5 days ago

      This is a dead cat bounce. Nothing fundamentally has changed until Trump is out of office. There is no one talking him down from his bad decision making.

      He will move onto the next grift or scandal so he can dominate the next news cycle and make the old one go away. Eventually he will come back to fuck with the economy again.

      Rinse & Repeat/Round and round we go until he hits something big he can’t make go away like Covid did in his first term. Then he will loose it.

      If you want my bet on what that is, it will be a major war.

      • SLVRDRGN@lemmy.world
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        4 days ago

        He will move onto the next grift or scandal so he can dominate the next news cycle and make the old one go away

        This is his life’s work. Way before the presidency.

      • Rhaedas@fedia.io
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        5 days ago

        War, cold war, or trade war? Maybe a mix, like trade war (since that seems to be sticking around) and a proxy war that the US is using to keep the war supply industry rolling (since he had broken all other industries).

        Don’t forget plenty of other pandemic potentials, especially since the US officially doesn’t recognize any problems anymore like climate or pollution or science.

        • Dead_or_Alive@lemmy.world
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          5 days ago

          Cold War wouldn’t dominate the news cycle enough.

          Some say we may be in the opening stages of WW3 so I’m imagining full on war or domestic instability/insurrection.

          Of course an unchecked pandemic should always be on anyone’s bingo card moving forward as well.