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

  • @somethingsnappy
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    218 hours ago

    It’s has always seemed insane ro me that those of us lucky enough to have IRAs of any type, some with employer match, never move the stock market. Once or twice a month, millions of people add money to the stock market and there is no change. You’d think you could place index bets for it to go up when those hit the market, but their value has clearly been captured by day trading ahead of time. So stupid.

    • @bassomitron
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      110 hours ago

      Most of those are in diverse packages, though. So yeah, millions of people add in once or twice a month, but it’s across tons of companies/industries. And it does move the market, but there’s also tens of trillions of dollars in the market so the amount moved isn’t super noticeable to anyone really but those that watch the market for a living.