Stock Market, Business, and Investing General - News, Tips, etc

[Audit]

illegal underpaid labor getting shafted.

I'd be curious to see what fraction of the economy is pure illegal activity. You could shave off a few points of gdp purely by deporting millions of illegals. Sure, the bottom 30% of the US pop would benefit disproportionately from it, but the top half will start whining about inflation from higher labor costs. There's also just a massive drop in consumer consumption in food, clothes, real estate, etc. by removing millions of people. I'd guess that'll show up most notably in the dow. S&P is probably indifferent to the # of illegals in the US.

Back up a moment, how much of total US GDP growth over the last few decades is just 10's of millions of illegals migrating to the country and adding to the consumer market? It's gotta be a non-linear function in places like LA and NYC where real estate prices are exponentially increasing. We're in for a massive market correction if Trump goes through with mass deportations.

 

[General Emílio Médici]

Back up a moment, how much of total US GDP growth over the last few decades is just 10's of millions of illegals migrating to the country and adding to the consumer market?

Gotta be billions. That is one thing people don't talk about enough. Not to mention how much illegals use federal programs and welfare, or medicaid and shit like that.

It's why GDP isn't actually a good metric. Removing all that illegal labor and consumption will make the GDP go down even if the average american become richer.

 

[Sexy Potoo]

I'd be curious to see what fraction of the economy is pure illegal activity. You could shave off a few points of gdp purely by deporting millions of illegals. Sure, the bottom 30% of the US pop would benefit disproportionately from it, but the top half will start whining about inflation from higher labor costs. There's also just a massive drop in consumer consumption in food, clothes, real estate, etc. by removing millions of people. I'd guess that'll show up most notably in the dow. S&P is probably indifferent to the # of illegals in the US.

See, the biggest issue with illegal labor in the US, at least from a macro economic level, is that illegals will wire as much of their money out of the contry as possible.

Any American that works a job in the US will then spend 99% of that money in the US, which that money will go to other people's wages, and they will spend that money ect. When illegals wire money out of the country, then it stops helping the US economy as a whole.

 

[AllieKat]

See, the biggest issue with illegal labor in the US, at least from a macro economic level, is that illegals will wire as much of their money out of the contry as possible.

Any American that works a job in the US will then spend 99% of that money in the US, which that money will go to other people's wages, and they will spend that money ect. When illegals wire money out of the country, then it stops helping the US economy as a whole.

Why can't we institute a tax on out of country wire transfers?

 

[VF-1S Valkyrie]

Why can't we institute a tax on out of country wire transfers?

I'm gonna take a wild guess and say probably because banks are niggerkike institutions and they don't wanna.

 

[TerminalTryHard]

Why can't we institute a tax on out of country wire transfers?

To add to this a lot of the countries these immigrants are coming from institute a tax on the money as it comes in.

 

[The Punished Mitch]

Why can't we institute a tax on out of country wire transfers?

Because the US is owned and operated by kikes at all levels of significance and they get a huge erection at the idea of transferring the fruits of white labor to third world shitholes.

 

[Rick Nekieta]

Less than a percent down, losing less than the DOW. You can only sing this song so many times before you get tired of it.

 

[John Badman]

Oklo is doing okay but I know this shit will rug when I look away.

 

[Hollywood Hulk Hogan]

Since the market is now pumping today, is today basically like Friday and tomorrow will dump?

 

[Rick Nekieta]

Since the market is now pumping today, is today basically like Friday and tomorrow will dump?

Nope, it started going up and it will never ever stop going up and everyone lived happily ever after. In all seriousness though, I do believe we are close to the floor, as the tariffs *are* happening and there is only so long the institution can clutch its pearls.

 

[General Emílio Médici]

Do not bother trying to predict the market on the short term. That is a fool's game. If you try then the market will stay retarded longer than you can remain solvent.

 

[Rick Nekieta]

Do not bother trying to predict the market on the short term. That is a fool's game. If you try then the market will stay retarded longer than you can remain solvent.

Okay, I read what you wrote and what I got out of it was "don't shave, shower or change your socks for a month to enact a luck streak that will combat the bad market juju." Is this a correct interpretation of your words?

 

[DJ Grelle]

Okay, I read what you wrote and what I got out of it was "don't shave, shower or change your socks for a month to enact a luck streak that will combat the bad market juju." Is this a correct interpretation of your words?

No, he means "don't try to buy the bottom" because when you think it hits the bottom it inevitably sinks lower.
Never catch a falling knife.

 

[Rick Nekieta]

No, he means "don't try to buy the bottom" because when you think it hits the bottom it inevitably sinks lower.
Never catch a falling knife.

I know, I was joking. I'm just trying to make merry in these times where we're all losing money (at least on paper). When you lose 5% in a week, you can either make jokes, rage or do some combination thereof.

 

[Looseleaf Paper]

At first I was disappointed in today, but man, that one hell of a sell off made up for it. I hope it keeps going I want the cheapest VOO I can get.

 

[Fascist Kirk]

I'm just trying to make merry in these times where we're all losing money (at least on paper).

Speak for yourself fren, I have not lost a penny. I saw this coming for months, in reality 2 years. the fed reserve juiced the markets since qe1 and 2 and 15 years later people think line only goes up.

great line from Margin Call you
be first be smarter or cheat

you want to make money get a light speed account and trade the forex. up down all around we in a range and its going to be here for awhile ......

Edit BTW we only 4% off al time highs its a great depression lmfao!

 

[Rick Nekieta]

Speak for yourself fren, I have not lost a penny. I saw this coming for months, in reality 2 years. the fed reserve juiced the markets since qe1 and 2 and 15 years later people think line only goes up.

great line from Margin Call you
be first be smarter or cheat

you want to make money get a light speed account and trade the forex. up down all around we in a range and its going to be here for awhile ......

Edit BTW we only 4% off al time highs its a great depression lmfao!

"All of us" is alliterative. No, I am aware that not every investor on the planet had a bad week, but most did. 4% isn't *that* much, but a week is some pretty fast pacing. I lost 10% one week back in '22, I don't recall which month. I remember making a joke about it while at the doctor's office and my current stock portfolio is way higher than I was pre-dip. I don't know by how much. Overplaying every surge and dip is part of the "fun" (if you want to call it that). Overdramatizing gains and losses is just a bit of fun. I'm still in it for the long term, I'm not *that* old. On the same token, a lot of my peers are getting to the age where their parents might pass any day and it has an effect on inheritances that won't be smoothed out in the long run. I made 19% last year, yet I'm overdramatizing a 5% gain turning into a break-even scenario because it's funny and I might as well do something while I am facing losses.

 

[Fascist Kirk]

"All of us" is alliterative. No, I am aware that not every investor on the planet had a bad week, but most did. 4% isn't *that* much, but a week is some pretty fast pacing. I lost 10% one week back in '22, I don't recall which month. I remember making a joke about it while at the doctor's office and my current stock portfolio is way higher than I was pre-dip. I don't know by how much. Overplaying every surge and dip is part of the "fun" (if you want to call it that). Overdramatizing gains and losses is just a bit of fun. I'm still in it for the long term, I'm not *that* old. On the same token, a lot of my peers are getting to the age where their parents might pass any day and it has an effect on inheritances that won't be smoothed out in the long run. I made 19% last year, yet I'm overdramatizing a 5% gain turning into a break-even scenario because it's funny and I might as well do something while I am facing losses.

I lost 45 percents of my retirement in the great recession, my 401k was in a union trades fund. when that happened I swore I would never let that happen again, and I havn't.


Cash, Metals, no debt and assets is the only retirement plan I have cause I control it. I get in and trade the Vwap and the Vix when its a sure thing, right now I am dipping in a lil and its a sure thing ....... you do you, I do not tolerate losses period!

 

[John Badman]

Since the market is now pumping today, is today basically like Friday and tomorrow will dump?

Yeah pretty much. They flood the pre market and then pull it all around noon leaving the little man paralyzed. Expect 10k bars from the 100k orders last Tuesday. Gotta let the frog boil.