Progressive Politics

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Stock Market Plummets as Trump Announces New Tariff War (newrepublic.com)

submitted 1 day ago by [email protected] to c/[email protected]

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Donald Trump announced new tariffs will take effect this weekend—sending the stock market crashing.

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[–] [email protected] 9 points 1 day ago (1 children)

I appreciate the reassurance. I just started a rollover to my new job which means everything has to get sold. I don’t have a lot in retirement, but that’s what I’ve got.

Hopefully, in the grand scheme of things it won’t be a huge deal any more so than the general collapse of society.

[–] [email protected] 8 points 1 day ago (1 children)

Presumably, if you're selling low, you're also buying low into your new plan. Does it not wash?

[–] [email protected] 7 points 1 day ago

Indeed! Indeed. That's the hope. Not my goal to cash out.

Of course this won't help if we're all starving but for today I'm still trying to plan for a future.