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How is the Stock Market keeping it's value after points to everything? (fedia.io)

submitted 1 day ago by [email protected] to c/nostupidquestions

138 comments fedilink hide all child comments

I have no idea how while Trump is a) ripping out the underpinnings of constitutional law which, in turn, is all that holds up all other laws (including transactional) in the US AND b) ripping apart the post war Western defense alliance leaving Europe and Australia completely exposed and vulnerable AND c) going to impose global reciprocal tariffs, which are going to kill trade and plunge the country and the world into the greatest economic depression (coincidentally) since the 1930's, how the market isn't down 75% - 90% by this point. Hopes & Dreams? Hallucinogens? Heroin?

What power on earth is allowing Hedge Funds, Banks and Small Investors the justification to keep betting on an underlying business system which is literally being pulled apart at the seams with no real hope of being functional shortly. How is this happening. It's like I'm taking crazy pills every day. The market should look at what Trump's already done (much less what he still promises to do) and say, whoop that's us, we're audi, this is insane, we can't trade our value as a corporation any longer, we don't know where supplies, labor, administration, distribution, sales, or any law governing any of it stands, we have to pull all our monies out, and put them someplace safe like our pockets.

What is happening to keep the market propped up, when literally everything, everywhere that it needs for stability in projected earnings is being hollowed out beneath it?

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[–] [email protected] 6 points 1 day ago (3 children)

Look at Tesla stock prices - even after a slight deflation it's astronomically overvalued and divorced from reality.

We're in a speculative bubble baby!

[–] pdxfed 0 points 1 day ago (2 children)

Divorced from reality? Teslas CEO controls Treasury payments as of a week ago.

I cannot think of an easier bet than on a dictator's personal interests rising. Trump is just a sock puppet for a bit. Musk, Vance, etc. are the next Gen of uglier.

[–] [email protected] 3 points 1 day ago (1 children)

The market was significant out of whack before this election even began.

Tesla's stock price is 99% pure (dumb) speculation.

[–] pdxfed 1 points 1 day ago

It was dumb speculation until he took down all regulatory apparatus, and grabbed the national checkbook while trump made himself a puppet king. Now any money not in Tesla is crazy.