Predict date Dow Jones 📈 hits 40,000!

Speaking of bears I saw this… I'm guessing depending on the type of bears this is good or bad turn of events…



Libertarians took over a town in New Hampshire. They gutted the government, slashing every “wasteful” service.

Including garbage pickup.

Due to this, the town was soon overrun by bears. The libertarians fled.

That failed experiment is now happening on a national scale.

hAtchsIde wrote:
Hutch may be pretty close to hitting the date we will slide back to 40k (after hitting a high of 44627 on 2/19/25)

actually, we might it it this week

today's low 40,661
closing in on a 10% drop in less than 30 days

The Trump administration have outdone themselves and surpassed my wildest expectations for incompetence.

Gold is on the rise!
although when we find out that Trump looted Ft Knox, wonder what will happen to that

this seems like a good thread to bump tonight

could be a wild ride in the AM

It’s crazy that republicans are into tariffs now….

40700…..now

Doesn’t mean it will be this at days end.

These tariff levels are insane. If these are carried through tens of millions of Americans will be pushed into poverty.

In a way, in the short term it will be a huge regressive consumption tax.

The only way this would make sense is if middle and lower class Americans were given a sizable income tax cut.

Over the long term it’s unclear to me exactly how this would shake out. Would international business change its way of doing business? Would manufacturing plants reopen? Would the poorer US states begin making t-shirts? I don’t see it unless there was an expectation that this is the way it’s going to be for the long term.

Space wrote:
https://youtube.com/shorts/RUAuLSYLxus?si=kll9x7K2IMChTRXA

Classic.

Nothing to see here 1200 point drop is like a tourist

the fact that newsmax rang the opening bell today is the chef's kiss on this fiasco

not the most popular index, but actually much better than DJ at looking at the market as a whole

The Russell 2000 tumbled more than 5.5% and is now flirting with bear market territory, a 20% drop from its most recent high.

So much wining

@theonion
Economists Warn Americans That Money Withering To Ash In Their Hands Could Be Sign Of Recession

dow jones closed at 40,545.93 - so, tomorrow?

other forms of evidence of winning:

NYSE Composite  -3.92%
S&P 500 -4.84%
DJIA  -3.98%
Nasdaq  -5.97%
Russell 2000 -6.59%

All Sectors -8.29%
  Technology -17.15%
  Financial Services -2.52%
  Consumer Cyclical -16.45%
  Healthcare 1.86%
  Communication Services -8.99%
  Industrials -7.38%

hey FinHatch: is this good or bad?

Depends.

Good or bad for whom?

It’s more complicated than stock market went down a lot bad….

What I don’t get is what do they want all this money for?? We know Trump believes in debt so it’s not going to go to pare down debt. You hear rumors about paying for tax cuts for the wealthy but you also hear of tax hikes for the wealthy. Six trillion over ten years is a lot of money so what’s it for?

Is the whole thing about creating blue collar jobs for the base via import substitution (proven and proven again and again to be a failure)? Seems unlikely and stupid to create low skill jobs that won’t pay much.
And since it’s a tax on consumption it will be very regressive and affect the MAGA base disproportionately.
Is it to sink the dollar so as to render government debt worthless?

I don’t get the game here….I can’t accept it’s designed to willfully destroy America.

I think Peter Navarro is the main advisor on this…would be good to study him

Welp, we did it
https://finance.yahoo.com/quote/YM%3DF/

Technically “the futures”
But the opening bell will likely shoot under 40k

hutch wrote:
Guessing March 28

I’m say 4/4/25

hutch wrote:
Depends.

Good or bad for whom?

It’s more complicated than stock market went down a lot bad….

What I don’t get is what do they want all this money for?? We know Trump believes in debt so it’s not going to go to pare down debt. You hear rumors about paying for tax cuts for the wealthy but you also hear of tax hikes for the wealthy. Six trillion over ten years is a lot of money so what’s it for?

Is the whole thing about creating blue collar jobs for the base via import substitution (proven and proven again and again to be a failure)? Seems unlikely and stupid to create low skill jobs that won’t pay much.
And since it’s a tax on consumption it will be very regressive and affect the MAGA base disproportionately.
Is it to sink the dollar so as to render government debt worthless?

I don’t get the game here….I can’t accept it’s designed to willfully destroy America.

I think Peter Navarro is the main advisor on this…would be good to study him

Read Chris Murphy's tweets from yesterday.