JT

Instead of directing hate towards me for having a different opinion than you, try and turn that into something constructive. Build a business, create something cool, or spend time with family/friends. Don't waste your life mocking others who disagree with you.

Like I said, he is manufacturing a crisis on purpose. It's literally the same playbook he has done probably a dozen times at this point, and this one aligns with the typical Q4 midterm year dump. At some point, the market will rebuke him and not rally when he TACOs, but I don't think we have necessarily reached that point yet. Just something that likely will happen later in his term (maybe late 2027 or even into 2028).

The NASDAQ has already given back all of its post-midterm gains, down another 3% today. Similar thing happened in 2018. Lot of exuberance following the midterms in 2018 (SPX rallied 2% the next day), then 3 major events caused the market to sell-off into December. 1) A Hawkish Fed: In October 2018, Fed Chairman Jerome Powell remarked that interest rates were still a long way from neutral, signaling to investors that the Fed would continue tightening monetary policy into 2019 regardless of cooling economic data. This triggered severe liquidity fears and widespread panic selling. This is similar to today in that the market is pricing in 2 more rate hikes despite the sell-off we have seen in tech. 2) Escalating U.S.–China Trade War : Just before and after the midterms, a flood of major multinational companies (including Caterpillar, 3M, and Ford) warned that rising tariff costs were eating into their profit margins and disrupting global supply chains. This is similar to today as tariffs have had major inflationary effects and is one of the reasons why the Fed has to remain hawkish. 3) Tech Valuation Reversals: The technology sector, which had been the primary engine driving the multi-year bull market, abruptly reversed course in late 2018. We also had the FAANG slump in which major tech giants faced severe regulatory scrutiny over antitrust and data privacy concerns (such as Facebook's controversies). This is similar to today as the AI trade has taken quite the breather with AI fears mounting. History does not always repeat itself, but it does often rhyme.