Redditsux@lemmy.world to News@lemmy.world · 3 days agoDow drops 1,200 as US stock market leads a worldwide sell-off following Trump's tariff shockapnews.comexternal-linkmessage-square172fedilinkarrow-up1802arrow-down15cross-posted to: world@lemmy.worldworldnews@lemmy.mlprogressivepolitics@lemmy.world
arrow-up1797arrow-down1external-linkDow drops 1,200 as US stock market leads a worldwide sell-off following Trump's tariff shockapnews.comRedditsux@lemmy.world to News@lemmy.world · 3 days agomessage-square172fedilinkcross-posted to: world@lemmy.worldworldnews@lemmy.mlprogressivepolitics@lemmy.world
minus-squareChainweasel@lemmy.worldlinkfedilinkEnglisharrow-up5arrow-down1·3 days agoIt’s good for them when they can buy other people’s stock at fire sale prices, it’s less good for them when their own stock is reduced to fire sale prices.
minus-squareAvg@lemm.eelinkfedilinkarrow-up6·3 days agoIt’s only a concern if you need to sell during the downturn.
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up2·2 days agoHopefully the market can remain irrational longer than they can remain solvent.
minus-squareHobbitFoot @thelemmy.clublinkfedilinkEnglisharrow-up5·3 days agoAnd it isn’t good for them if stock growth doesn’t happen because American companies lose market share.
It’s good for them when they can buy other people’s stock at fire sale prices, it’s less good for them when their own stock is reduced to fire sale prices.
It’s only a concern if you need to sell during the downturn.
Hopefully the market can remain irrational longer than they can remain solvent.
And it isn’t good for them if stock growth doesn’t happen because American companies lose market share.