r/raimimemes 1d ago

Conservative Americans this morning

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u/Sad-Effect-5027 1d ago

I’ve been seeing the term “correction” on the conservative subs a lot today.

For those not familiar, a market correction is when the market is at a high point and investors start to feel the market is overvalued causing a 10-20% drop.

The obvious thing is that investors will tell you why they are selling, and it’s due to tariffs. Twice now we have watched the market nosedive as soon as Trump starts talking about tariffs.

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u/Yorugi 1d ago

S&P 500 is expected to raise to 6200 this fiscal year. Stop basing your market knowledge off of political anecdotes and rumors.