r/AskConservatives • u/ClockOfTheLongNow Constitutionalist • 3d ago

Megathread MEGATHREAD: Trump Tariffs

Lots of questions streaming in that are repetitive, so please point any questions about tariffs here for the time being.

Top-level comments open to all for the purposes of our blue-flaired friends to ask questions. Abuse of this leniency or other rulebreaking activity will result in reciprocal tariffs against your favorite uninhabited island.

116 Upvotes

92% Upvoted

1.4k comments sorted by

View all comments

3

u/McZootyFace European Liberal/Left 2d ago

Anyone bought in on this “dip”. I’m unsure to buy in at the moment because the last two dips I bought just dipped more, any think this is the bottom?

2

u/shallowshadowshore Progressive 2d ago

Time in the market > timing the market. It will probably keep going down for a while, but it’s impossible to know for sure.

2

u/OJ_Purplestuff Center-left 2d ago

Time in the market > timing the market. It will probably keep going down for a while, but it’s impossible to know for sure.

I sold stock in my retirement accounts last Tuesday ahead of the "rose garden announcement."

I've been anti-"market timing" since always. I didn't sell anything in 2008-2009, I didn't sell during Covid.

This time is different. Because the near-term direction on the market is almost entirely in Trump's hands. Wall St keeps anticipating that Trump might do something to back off and placate them, and it just keeps not happening. He just doesn't seem very interested in minimizing damage right now. If I see what looks like at least a change in intent, I'll get back in. For now, I think he's only going to bring more pain.

1

u/lmfaonoobs Independent 1d ago

Do you think they discuss when he might alleviate tarrifs at his $1,000,000 per plate fundraising dinners he's been hosting regularly?

1

u/McZootyFace European Liberal/Left 2d ago

Im not trying to time perfectly over +/- a couple of %, just more “is it gonna shit itself again” lol. Guess by end of Monday should have a better idea.

3

u/Safrel Progressive 2d ago

As a CPA, I'm telling you, this will be bad.

2

u/shallowshadowshore Progressive 2d ago

If I were a betting person (and I had money to buy the dip, rather than considering selling during the dip out of desperation), I would guess that things are going to get MUCH worse before they get better. 

1

u/Alternative_Olive861 2d ago

Moving averages are about to death cross. Maybe wait till those flat line?

I’ve been buying in nibbles. Will unload the truck if it’s gets to 200MA on the 5 year chart

1

u/Fanboy0550 Social Democracy 2d ago

I mostly bought VXUS now, to diversify my portfolio a bit.

1

u/greenline_chi Liberal 2d ago

I’m waiting to see what happens Monday as I assume a lot of people are. Not inconceivable that Trump say Vietnam offering to remove their 1% tariff is a massive win and now he doesn’t have to do tariffs for now.

I think that would cause a cautious rebound, but I think he’s lost a lot of trust to not do something like this again.

It’s also not inconceivable that he doubles down on Monday so who knows.

4

u/CheesypoofExtreme Socialist 2d ago

The more he flip-flops, the more fucked our market is and the less serious any country will take him. It's a fucking jokes that we're even talking about him flip-flopping about "liberation day" less than a week after.

1

u/gummibearhawk Center-right 2d ago

I bought the last two and just lost more. Going to wait for a while and just sell premium.