I’m pretty much gonna be out of the market (except 401k) until Trump leaves office. Even without the tariffs Trump and DOGE are gutting agency funds and staff. That’s money effectively set on fire and it won’t be stimulating the economy at all. Eventually that money will get diverted to the rich I’m sure but that doesn’t stimulate the economy nearly as much. Or does anyone think Musk and Bezos will buy millions of steaks or iPads to make up for all the ones that won’t be bought anymore because fewer people can afford them?
I’m pretty much gonna be out of the market (except 401k) until Trump leaves office. Even without the tariffs Trump and DOGE are gutting agency funds and staff. That’s money effectively set on fire and it won’t be stimulating the economy at all. Eventually that money will get diverted to the rich I’m sure but that doesn’t stimulate the economy nearly as much. Or does anyone think Musk and Bezos will buy millions of steaks or iPads to make up for all the ones that won’t be bought anymore because fewer people can afford them?
Think I’m going to move to investments out of the us. I don’t trust that hyper inflation won’t happen.
Buy the dip!
The dip: 2024-2028.