Also market crashing 15% and then going up 5% does not a rally make. That's not even a recovery.
this post was submitted on 10 Apr 2025
394 points (98.5% liked)
Aged Like Milk
127 readers
9 users here now
A community dedicated to all those things in media and elsewhere that didn’t stand the test of time, at all.
founded 8 months ago
MODERATORS
Dow Jones is still up 2.95% by the year. We are now around the level of mid-August 2024. So most that has been lost now involves at least some level of speculation on the outcome of the US election 2024.
We need to stop worshiping the markets and reduce the size of the financial industry relative to the real economy. They don't represent the reality for normal people and the financial industry is long past the point of being beneficial for efficient capital distribution. It is just parasites leeching the blood out of the real economy.
What the markets going down, then up, then down over and over indicates is that it's not just a bad market, it's a volatile one. That's even worse for businesses because it means the market is unpredictable, which is worse than just being bad or good when making plans for the future.
What is even worse is that the market is in fact NOT unpredictable. We have a criminal traitor doing some insider trading and letting his friends know when he is going to shut tariffs on and off.
Why would you thank the guy that fucked everything up for no reason in the first place?
Oh he had a reason.
Donald Trump posted on his social media platform Truth Social that “THIS IS A GREAT TIME TO BUY!!!” at 9:37 a.m. on Wednesday, just hours before announcing a 90-day pause on most tariffs, which significantly boosted the stock market.
The fucker is insider trading in fucking broad daylight. This is like the most blatant market manipulation I’ve ever seen.
I called this shit from the beginning, that the tariff bullshit was just a legit-seeming way to make the market do stuff he could easily predict (by directly causing). Didn't realize he was literally communicating, nakedly, when to buy and sell though. Fucking WILD. And I promise before long he uses that exact mechanism to do the opposite thing and fuck all the folks who get used to listening to such announcements.
And nothing will be done. Stock market itself is such a fuckin scam, and I say that as a dude with a 401k.
Edit: actually, to add, one thing I didn't notice initially is that these naked manipulations, with some ability for randos to profit too during the ride, that really has the Musk stink all over it. Same shit he's gotten away with often, just now with the goddamn US President as the mouthpiece, scamcoins and all. Truly bananas, where we're at.
idk, sometimes i cant comprehend the mind of a crypto sidebitch
Oh, conservatism is ingroup loyalty. It's the innate human tribalism of insisting your guy should get to say what's real, because he's your guy. These people think that if the right guy moved a "beware of falling rocks" sign, the rocks would fall somewhere else.
Their stated arguments are ad-hoc justifications for whatever their betters need to be true today. They think that's all you're doing. They think that's all there is.
You drastically underestimate how many adults were raised by abusive parents...
For them, getting threatened with something really bad, then getting something kind of bad is something to be grateful for.
Trade war were declared
Because investors are bailing out and won't touch the US market with a 10 foot pole as long as consistency and the rule of law don't prevail in the US political system. And that ain't gonna happen with Trump in office.
Dead cat bounce
Pump and dump. He tweeted out “BUY NOW” like 10 minutes before he announced revocation of the tariffs. Everyone got in low, and rode the wave high, and now they’re cashing out again now that it plateaued.
It’s SO blatantly obvious.
But Nancy Pelosi something something.
No, fuck her too.
Stop saying this, it's embarrassing us in front of the finance bros, this is literally the opposite of a pump and dump
It's called a trash/crash and cash when you're looking to buy cheap stock. Or a poop and scoop if you're a gross weirdo.
If you're not sure, or just think the naming conventions are lame, just go with the generic market manipulation
Milk don't even age that fast...
Aged like avocado
I was gonna say, I bought milk last weekend and it's still good
How about your eggs?
Also still good, spent $6.50 on a dozen XL pasture raised. Washed eggs will keep for weeks in the fridge.
I recognize you were making a joke, but there's a real answer lol
Random “ooh, ooh, I know this!” moment. - They last for weeks at room temperature if you don’t wash the cuticle off - longer than washed eggs in a fridge. They often come with bonus chicken poop.
Yeah I looked into the two different storage methods awhile back due to lots of disparaging comments from Europeans and found there really isn't much difference in outcomes between the two systems, washing vs not washing. The systems just developed differently organically in North America and Europe, and inertia keeps them going. Investing the resources to change the systems either way at this point is just not worth it
Leaving the cuticle intact increases the shelf life whether it’s refrigerated or not. Washed & refrigerated vs. unwashed and stored at room temperature seems to be much less clear cut. Dried chicken poop doesn’t worry me, but some people find it pretty disgusting. Apparently you get better results when baking with eggs that aren’t chilled, so there’s an extra prep step for the baker who prefers washed eggs…
I've generally tried to stick with the most ethically raised eggs I can buy. If I hear a friend/family/coworker sells eggs I'm all up on that. Been a few years for that opportunity though
However the side effect is my eggs have continued to be available (until literally all the other ones ran out) at the same price since
They're "expensive" but well worth it overall. I'm also assuming the continued availability and price reflects the conditions they're kept in. If the flock wasn't culled like all the big farms then I have to assume they're treating their chickens right
Cheers fellow egg lover!
Instagram influencer, market specialist and presidential bagholder supreme.