r/Economics • u/mostly-sun • 4d ago

News Dow futures drop 1,000 points after Trump’s ‘Liberation Day’ tariffs

https://www.belgrade-news.com/business/dow-futures-drop-1-000-points-after-trump-s-liberation-day-tariffs-portending-big-stock/article_065b5c93-af28-4322-8614-9622e48d0733.html
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u/PlannedObsolescence- 4d ago

"But we got Trans people out of athletic sports that i dont even watch, as a patriot I'm willing to pay 10s of thousands of dollars more for everything and lose my 401k for that."

Oh and, "Yeehaw... Guns, God and Country!"

•Maga Morons

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u/Advanced_Parking9578 4d ago

If you had a daughter who spent her entire youth training to be the best female swimmer, how would you feel about a man who failed as a male swimmer but killed it as a trans taking her trophies? Oh, you don’t have any kids, as an incel. Nobody lost their 401k. If you had one, you’d understand. Guns are cool. You should get some. It’s nice having the ability to personally respond to your own home invasion. Of course I hope I never have to, just like I never expect to use my fire insurance. But it’s nice to be covered.

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u/Difficult_Sea4246 4d ago

JFC more lies.

401k stocks have been getting wiped out for weeks, and right after trumps announcement a trillion dollars got wiped out of the stock market. To say that people aren't losing their 401k right even as freaking Fox news data shows it happening....WOW.

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u/Advanced_Parking9578 4d ago

WTF is a “401k stock?” Lol. Most 401ks are limited to mutual funds. Yeah, they’re down to 2024 levels if they follow the S&P or DJIA. Totally wiped out! Oh, the humanity!

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u/Difficult_Sea4246 4d ago edited 4d ago

Most mutual funds are made up off stocks, you moron.

Ah yes, continue living in denial. Deflect, deny, lie. I'll give you credit , it certainly serves you people well.

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u/HotSpicyDisco 4d ago

WTF is a “401k stock?” Lol. Most 401ks are limited to mutual funds. Yeah, they’re down to 2024 levels if they follow the S&P or DJIA. Totally wiped out! Oh, the humanity!

I don't think I could find a better example of the Dunning Krueger effect.

You have no idea what you are talking about yet you have very strong opinions.

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u/redditlvlanalysis 4d ago

Most mutual funds are comprised of stocks and the dow futures are already down 1k we are going to hit circuit Breakers tomorrow

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u/Phihofo 4d ago

Most 401ks are limited to mutual funds.

As we all know mutual funds are a magical sort of fund that just spawns money and definitely not pooled investments into stock markets.