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401k and Roth IRAs will decrease in value. So if a retiree should need $10,000 in funds he’ll be selling more shares of stock than he would if the market were up.
Companies will see profits drop or a lack of sales due to prices going up to cover the tariffs (even if the finished goods is made in the us the raw materials might be sourced from outside) they will report lower earnings, and that will lead to tighter budgets, hiring freezes and or layoffs.
Look at where your groceries come from in your store, anything that’s from outside the us is going to be more expensive, and things grown in the us will only be cheap when it’s in season. Might notice your grocery bill go up. There might even be shortages of goods as importers don’t want to pay the higher tariffs worried that they’ll then sit on stock that won’t sell at the price they need to make their profit margin with the tariff
well the average person won’t really see a big difference other than prices going up slightly.
but a smart person will know that the stock market drop is on purpose. invest when it is super low because the millionaires are going to and the stock will sky rocket when everybody else jumps on the train. and bam, get that money in a few years time. Its a cycle that continues every decade or so.
Im an avg person and so far have lost 15k in my retirement fund. That’s about 3 years worth of savings put into it. Ill have to work quiet a few more years than i planned to.
Well recessions tend to result in job losses, meaning higher unemployment, more defaults on loans, evictions, and so on. That tends to lead to higher crime, as people still need to eat to survive. All of this can sometimes end even worse, like a depression, which is all of this turned up to eleven.
It will demolish retirement funds. Making life hell for anyone 50 and older. Second it will really mess us supply chain economics for US companies, which eventually lead to hiring freezes and layoffs.
At best, we may barely escape a national recession which we’re already on the cusp of. At worst? Global depression, a breakdown of supply chains, mass layoffs, loss of an untold number of jobs, and likely, war (not trade war, but WWIII). It’s almost a play-for-play repeat of of the early 20th century. Global pandemic, tariffs, faltering economy, gilded age of robber barons, demonization of the other for all the shortcomings, and then war. Tale as old as time…
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401k and Roth IRAs will decrease in value. So if a retiree should need $10,000 in funds he’ll be selling more shares of stock than he would if the market were up.
An appeal to heaven.
Companies will see profits drop or a lack of sales due to prices going up to cover the tariffs (even if the finished goods is made in the us the raw materials might be sourced from outside) they will report lower earnings, and that will lead to tighter budgets, hiring freezes and or layoffs.
Look at where your groceries come from in your store, anything that’s from outside the us is going to be more expensive, and things grown in the us will only be cheap when it’s in season. Might notice your grocery bill go up. There might even be shortages of goods as importers don’t want to pay the higher tariffs worried that they’ll then sit on stock that won’t sell at the price they need to make their profit margin with the tariff
Business failures, layoffs, higher pices on everything. Even stuff made is USA is done so with equipment & supplies from all over the world.
well the average person won’t really see a big difference other than prices going up slightly.
but a smart person will know that the stock market drop is on purpose. invest when it is super low because the millionaires are going to and the stock will sky rocket when everybody else jumps on the train. and bam, get that money in a few years time. Its a cycle that continues every decade or so.
Tremendously. Goodluck retiring in the next 20 years after this administration makes our entire economy tank due to ego.
Stocks are low right now. Buy, buy, buy.
Higher costs for a lot of things…
If you haven’t got any money, the stock market means next to nothing to you.
Investments losing a lot of value, cost of goods going up, jobs far less secure, likely a lot of layoffs coming.
It won’t affect the average person that much. It will probably affect the average person in the US more.
Adversely. Increase homelessness, layoffs, massive inflation, product shortages, companies going out of business
Im an avg person and so far have lost 15k in my retirement fund. That’s about 3 years worth of savings put into it. Ill have to work quiet a few more years than i planned to.
Well recessions tend to result in job losses, meaning higher unemployment, more defaults on loans, evictions, and so on. That tends to lead to higher crime, as people still need to eat to survive. All of this can sometimes end even worse, like a depression, which is all of this turned up to eleven.
It’s bad shit.
Don’t panic sell, the stock market will recover. Now is the time to buy
It will demolish retirement funds. Making life hell for anyone 50 and older. Second it will really mess us supply chain economics for US companies, which eventually lead to hiring freezes and layoffs.
affect
At best, we may barely escape a national recession which we’re already on the cusp of. At worst? Global depression, a breakdown of supply chains, mass layoffs, loss of an untold number of jobs, and likely, war (not trade war, but WWIII). It’s almost a play-for-play repeat of of the early 20th century. Global pandemic, tariffs, faltering economy, gilded age of robber barons, demonization of the other for all the shortcomings, and then war. Tale as old as time…