I’ll just say this, if Trumps recent actions don’t cause a recession this year then the US market is strong af and I’ll never doubt its ability to recover ever again
It makes no sense to me that you can slap tariffs on everyone, spit in the face of all your allies and still have stonk go up
Stonks go up if profits exceed analyst expectations. The Ai stocks have pulled the entire market up the last year, even when ordinary people had much less money left and everything was much more expensive due to inflation.
I think probably it will continue to do that actually, since Ai is the new hype, and tons of startup companies are launching Ai products.
Most will fail of course but it still drives the profits for the cloud companies hosting the infra, or Nvidia and those who make the hardware.
I’ll just say this, if Trumps recent actions don’t cause a recession this year then the US market is strong af and I’ll never doubt its ability to recover ever again
It makes no sense to me that you can slap tariffs on everyone, spit in the face of all your allies and still have stonk go up
Stonks go up if profits exceed analyst expectations. The Ai stocks have pulled the entire market up the last year, even when ordinary people had much less money left and everything was much more expensive due to inflation.
I think probably it will continue to do that actually, since Ai is the new hype, and tons of startup companies are launching Ai products.
Most will fail of course but it still drives the profits for the cloud companies hosting the infra, or Nvidia and those who make the hardware.