Stock Market struggling today (DOW -800 so far)

[Johnny2X2X]

Reaction to Trumps new tariff threat and to the EU saying enough is enough.

Now Trump and his oligarchy owned media won't stop crowing about the stock markets and your 401K, like this is some unprecedented. It's not, it's a solid year, but not spectacular.

The DOW as an example is up 9.2% in the 13 months since he took office. It's up 8.2% from the Biden highs. It's good gains, about average, but this isn't some banner 13 months of 20% gains. Average return is 10.4% yearly the last 30 years. So we're just below average.

So the next time you hear someone talking about how amazing stocks are, remember that we're seeing slightly below average returns the last 13 months. The market goes up, it's what it does over time, so some new milestone like 50,000 for the DOW or 7,000 for the S&P isn't really meaningful.

I keep hearing the media and message board posters talking non stop about some crazy run in the markets that just isn't really there. It dominates the conversation when we're seeing the jobs market tank epically and growth slow to a crawl. Don't let them skew the narrative on this. Joe Biden had a better economy that Trump by every measure. By real wage gains for working people, by job growth, by GDP growth, and yes, by stock market growth. Trump and his economy killing tariffs have done long term damage.