this post was submitted on 03 Apr 2025
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[–] MyBrainHurts@lemmy.ca 13 points 1 day ago* (last edited 1 day ago)

Edit: Honestly, in large part, I think you're right. And I'm usually the one playing the "well actuaaaaally card" so I ought to respect it more. I think you make good points about where people are at in their investment lifecycle. That being said, like a lot of things, I think it's going to be harder for the younger folks. (I'm an elder, practically geriatric millenial.)

In part, yes, it's an exaggeration as it is a meme.

That being said, losing a year's worth of stock gains hurts.

That being said, I wouldn't trust the advice to buy low. You're banking on trump reversing course and other nations not ratcheting things up.

Really depends on what stocks you grab. Looks like at least Tesla may be in long term trouble (brand reputation is hard to recover) with competitors beating them on most fronts.

American defence contractors look to lose as Europe and other former purchasers will likely head to local firms instead so as to remove a strategic vulnerability.

And of course, most of the money that is moving through the markets are a few savvy financial players who have already priced in the odds and benefits of a return to normal.

Long term, stocks should come back but whether they do so faster relative to other stock markets or assets? Hard to say. American tech has been long seen as overvalued and wildly out of line with earnings, who knows if absurd valuations are really going to come back?

And of course, all of this ignores things like China taking Taiwan etc which could cripple global growth.