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NCDem47

(2,615 posts)
2. Funny. I'm not really seeing anything out of the ordinary so far
Mon Feb 3, 2025, 11:36 AM
Feb 3

Dow only down 0.09% and S&P down 0.55%. Maybe the Mexican delay calmed some nerves. But there has been no bottoming out that I've seen today. Someobody, please correct me if I'm wrong

Bernardo de La Paz

(52,387 posts)
4. Dow is a bad indicator of the market, old-school, too narrow. Anyway it was down 1.43 percent
Mon Feb 3, 2025, 11:47 AM
Feb 3

Dow down 1.43% and Nasdaq was down 2.5%, which are definitely "out of the ordinary". They have both recovered somewhat, as has the S&P 500, which is a better indicator these days.

And your use of terminology is scrambled. "bottoming out" is not in evidence or a factor. This is the top of a bull market, though it might even go a bit higher in next few weeks to new records.

The correct terminology is "topping out". That what happens when markets get too high, as they are now.

If you think the market went down today and then rose, you could correctly say that regarding only the trading today, it bottomed out and then rose.

But I think you are using "bottoming out" as a synonym for "the start of a long decline". You don't see a long decline in the cards, so you said you didn't see "bottoming out".

Bernardo de La Paz

(52,387 posts)
3. The damage is already done. Confidence and belief in stability of investment are shattered. Combine with
Mon Feb 3, 2025, 11:38 AM
Feb 3

Combine with the mass deportations and the effect of that on the economy.

Why should companies re-shore or invest in USA when their products can be subjected on a whim to counter-tariffs from tariff retaliation.

Silent Type

(8,149 posts)
6. Stock Market is only slightly down today, after trump delays tariffs on Mexico. I do think there is long-term damage
Mon Feb 3, 2025, 12:24 PM
Feb 3

worldwide, but that's down the road.

walkingman

(8,824 posts)
7. I think it is all theater. The affected countries will impose retaliatory tariffs and then Trump
Mon Feb 3, 2025, 01:14 PM
Feb 3

will back down and claim that he got concessions. Claiming he won and his supporters will, as usual, believe everything he says when in reality he backs down.

Again, it is all theater. He will stay in the headlines. Our allies will not trust a thing he says, and why should they?

We have been fed this BS since small children how great we are,,,,,everyone looks around and says, huh? When are we gonna be great? The whole damn thing is and has been a scam

We shit gets bad we simply go to war - usually against a small country as a distraction and a economic boost. Keep your ears peeled for the "drums of war".

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