I know Mark is trying to play nice but I just don't see a world where Meta gets along with this administration, Maybe if they can stay out of the news, but liberal movements better not go viral on instagram/threads or he's screwed. I think Mark is trying to be more firm about a libertarian approach to governance, and the administration is too fundamentally socially conservative, and I imagine it will be painful, because facebook is likely the size it is because of it's hands off approach. Any attempt to regulate Meta could probably dramatically impact it's userbase.
Suitcases of bribe-cash aside, Zuckerberg/Meta will have a hard time balancing regular gifts with not alienating portions of the user-base.
I go local and try not to buy products and services from organizations on the stock market, when I can.
Tossing off that second sentence so casually is what makes me concerned I've fallen for satire.
"After the news, the markets rallied by 10%, led by Confederated Slaveholdings, Missiles & Munitions, Plague Insurance, and Broken Window Fallacy Repair. This rise was only slightly tamped-down by sharp losses like Affordable Health Centers and the Lead Substitutes Laboratory. As all of our viewers are aware, high market numbers are good news for everyone--yes, even that homeless guy under the overpass--and I simply can't imagine how anyone could object to such a simple universal truth."
__________
P.S.: Or, for those who need things spelled-out, some of the independent problems with that claim are:
1. Average stock price goes up does not mean every stock price goes up.
2. A stock price going up is only good for some people.
3. Investing more into a company that repairs/treats a problem doesn't mean suffering is going down.
4. Some activity is actually making harm on other people, especially if there's an imperfect justice system or externalities.
5. Marginal good is not holistic good. Serfs getting more food-scraps from the king's feasting is obviously better than fewer food scraps, but perhaps there's something even better than expanding the kingdom.
A lot of people got no bump at all because they don't have a 401K/IRA/Brokerage account..
Edit: typo
Now yes, if there is a real productivity boom that can be good both for people and the stock market, but otherwise they are uncorrelated.
would that mean that the only priority Democrats routinely deliver on is tax increases? or are Democrats also delivering on other promises which are not being undone?
Basically they're pricing in cheap money.
I'm guessing we'll have good stocks for a while, and then probably a bailout because of god knows what this time.
And in four years your money will be worth half again, so try to double your salary and savings. Hope I'm wrong but you know what they say about planning for the worst.
The market also tanked a few times during his previous presidency and no one was handing him laurels for reducing inequality when they happened, so it would be silly to do the inverse.
people on this site are frequently very interested in compiler optimization, processor and instruction set optimization, faster clocks, pipelining, datapaths, effective utilization of cache, etc. etc. That's what "greed is good" means, greed drives people to try to improve, to get the most out of what they have.
The use of that line in the film was very clever, it had two meanings, but you don't seem to get the subtle one. There is nothing wrong with greed, greed is good.
what there is something wrong with is envy and jealousy; all cultures and ethical traditions recognize that.
Two servers and a handful of mods to run something so unique and powerful seems…cheap.
Even if you are in favor of redistributing wealth or ending extractive institutions, a rising tide raises all boats.
The analogy to tides is not apt.
Got a 401K?
Dabble in crypto?
Invested in Tesla?
Invested in ANY stocks?
You ALL won:
The Trump trade is soaring as bitcoin, dollar, bond yields surge https://markets.businessinsider.com/news/stocks/trump-trade-...
The benchmark 10-year Treasury yield climbed as much as 21 basis points to 4.48%, the highest since early July. The two-year yield — the most directly sensitive to Fed monetary-policy changes — gained nine basis points to reach 4.27%.
The Bloomberg Dollar Spot Index was up as much as 1.7%, the most in four years, hitting its highest level since November 2023. The greenback climbed against every G10 currency, including gains exceeding 1.7% against both the euro and yen.
The S&P 500, Dow Jones industrial average, and Nasdaq 100 climbed to fresh record highs.
Founder and CEO Elon Musk has been an outspoken Trump supporter. Shares of Tesla spiked as much as 15% on Wednesday on expectations the electric automaker will be a major beneficiary of Trump's presidential return.
Why is it we continually have to have this class warfare? Its not just the ultra wealthy benefiting here, its everybody. Whatever happened to the "rising tides lift all boats" mantra? Its like people can't seem to get out of their way with their hatred for a man who just by winning an election set the markets on fire again in a single day.
Isn't that GOOD thing regardless of what party he represents? Its just unreal people continually cannot see the forest for the trees.
There's also no doubt that they are terrible for the global economy. These are global companies. They only make a small part of their profit in America. A boost in profit from America will be swamped by the loss of sales in Europe, Asia and elsewhere.
Then there's the spectre of retaliation. When Trump slaps on his tariffs, other countries are going to retaliate. When Trump put a tariff on steel, the EU retaliated with a tariff on American icons close to Trump's heart: Harley Davidson and Jack Daniels. This time I bet the number one target will be Twitter, with Amazon, Apple & Google not far behind.
And the economy is super fragile right now. It is in no position to withstand a trade war. The yield curve has been inverted for a record 2.5 years. Yield curve inversion has always been a signal for recession. Tariff-induced inflation will limit the ability of Fed to lower rates to compensate.
I'm selling. Luckily this insane bounce has made it much easier.