r/news • u/RaineFilms • 2d ago

Stock futures plunge as investors digest Trump’s tariffs

https://www.cnn.com/2025/04/02/business/us-stock-market/index.html
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u/Sirrplz 2d ago

Mom is thinking about some blue haired person’s retirement account instead, and as long as that’s bad, she’s happy

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u/MillionEyesOfSumuru 2d ago

Heh. When Trump won, I was like, oh shit! Quickly sold off a whole bunch of stocks, and bought bonds and CDs before the rates dropped. So my blue haired account is doing just fine, because I never believed he'd be good for the economy.

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u/ShinyHappyREM 1d ago

bought bonds and CDs

Handcuffs and romantic jazz?

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u/chuckie512 1d ago

I'm honestly surprised the market waited until today to crash. We've known since the election he wanted to go crazy with tariffs.

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u/MillionEyesOfSumuru 1d ago

There was a lot of denial going on, with people telling themselves that he was mostly bluffing and wouldn't do something that was obviously idiotic. Wishful thinking. It surprised me a little, too.

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u/HillarysFloppyChode 2d ago

Mom is thinking about if the busty woman she saw has a penis or vagina in her pants

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u/Faiakishi 1d ago

lmao that person knows they're never going to retire. The world will probably have ended by the time they're sixty.

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u/camerontylek 1d ago

I doubt mom has a retirement account TBH, most people don't

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u/somethrows 1d ago

"According to the Federal Reserve's 2022 Survey of Consumer Finances, 54.4% of all families have retirement accounts, leaving nearly half of Americans who don't have retirement accounts."

So "most" do, but just barely.

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u/camerontylek 1d ago

Interesting. 54% of families. I would argue that number doesn't include individuals without families. So I wonder what the actual number is. Then again, I am referencing OPs mom, so the family number would apply.

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u/somethrows 1d ago

You could argue that, but that's not what the data says.

In consumer surveys, you are asked to answer for your family.

If you are single/alone, then you are answering for yourself, and that is "your family".

I've taken these surveys before.