Trump Assassination Attempt Discussion

[zombie]

is it possible to separate the stock market from the actual business and work of the companies involved in it? whether stocks rise or fall should not determine whether a business closes or workers are laid off, at least if there is some kind of way to protect against that, or put some kind of a buffer in place to lessen the damage.

[zombie]

janjaem suwannapheng, the next women's olympic boxer to compete tomorrow also serves in the air force of her country? that's pretty cool if true, in my opinion.

[Lazerus]

is it possible to separate the stock market from the actual business and work of the companies involved in it? whether stocks rise or fall should not determine whether a business closes or workers are laid off, at least if there is some kind of way to protect against that, or put some kind of a buffer in place to lessen the damage.

A stock price is a reflection of a company's overall value. The stock price will rise and fall based on a variety of factors. Economic conditions, company earnings, supply-demand issues, and internal company issues are among some of the factors that determine if the stock price rises or falls. If a company's stock crashes then something is seriously wrong internally in that company. Layoff's are usually related to the business cost-cutting. Reasons vary given the circumstances involved. When a company is hurting financially the first thing they do is look for every way to cut down on operating expresses and the biggest expense for any business is labor costs. Stock price has nothing to do with a company choosing to do a layoff, in fact layoff's will negatively impact a company's stock price.

I'm not clear on what you mean by putting a buffer in place but as a business owner I will tell you that a company cannot pay what it does not have. So you cannot force a company to keep employees it literally can't afford. Assuming that is what you meant, I could be misunderstanding you.

[Slaughterhouserock]

Stock market plummeted

Lol, ok.

Highest unemployment since 2021

Again, what?

Stop getting news from biased sources and get them from the actual source.

[Slaughterhouserock]

Also, we're technically at full employment. Since I know people don't know shit about what unemployment rate actually means, read this before spouting off nonsense about unemployment being high.

[Lazerus]

Also, we're technically at full employment. Since I know people don't know shit about what unemployment rate actually means, read this before spouting off nonsense about unemployment being high.

THIS!

[zombie]

i fell for misinformation too, i guess it wouldn't be the first time... but still.

[zombie]

is it possible to separate the stock market from the actual business and work of the companies involved in it? whether stocks rise or fall should not determine whether a business closes or workers are laid off, at least if there is some kind of way to protect against that, or put some kind of a buffer in place to lessen the damage.

A stock price is a reflection of a company's overall value. The stock price will rise and fall based on a variety of factors. Economic conditions, company earnings, supply-demand issues, and internal company issues are among some of the factors that determine if the stock price rises or falls. If a company's stock crashes then something is seriously wrong internally in that company. Layoff's are usually related to the business cost-cutting. Reasons vary given the circumstances involved. When a company is hurting financially the first thing they do is look for every way to cut down on operating expresses and the biggest expense for any business is labor costs. Stock price has nothing to do with a company choosing to do a layoff, in fact layoff's will negatively impact a company's stock price.

I'm not clear on what you mean by putting a buffer in place but as a business owner I will tell you that a company cannot pay what it does not have. So you cannot force a company to keep employees it literally can't afford. Assuming that is what you meant, I could be misunderstanding you.

i know shit all about the workings of the economy. i was trying to steer the conversation toward solutions for problems that don't seem to actually be so serious. i shouldn't have stuck my nose into it.

[Slaughterhouserock]

i fell for misinformation too, i guess it wouldn't be the first time... but still.

Everyone does. That's the problem. The media feeds us large doses of fear and hate and we just eat that shit up. People forget that these are for-profit companies, and nothing brings in the money quite like fear and hate.

[Slaughterhouserock]

I've been into stocks since before I even had a computer. As Laz said, shit's based on tons of factors. And all you have to do is look at the rise of meme stocks to know that even dumb shit that has nothing to do with the company can cause wild fluctuations. The market as a whole generally has a steady increase over the years, barring something major happening, since regulations were put in place after the great depression to keep that shit from happening again. Individual companies can vary wildly day to day. I remember trading tesla back in the day because it would steadily jump up then drop down around $200 daily. By it on a cheap day, sell it the next because it went back up.

[Tiggnutz]

Stock market plummeted

Lol, ok.

Highest unemployment since 2021

Again, what?

Stop getting news from biased sources and get them from the actual source.

So dropping 1000 points isn't plummeting?

[Tiggnutz]

The unemployment rate is currently 4.3 when was it last 4.3?

[Slaughterhouserock]

So dropping 1000 points isn't plummeting?

Not in the sense that it matters in any way. It dropped 2.x%, which is nothing. It's still up compared to just a couple months ago and still up for the year.

The unemployment rate is currently 4.3 when was it last 4.3?

Oh no, it was 4.3 in 2021. DId you read the link I sent explaining unemployment, cause this is a meaningless argument. 4.3 is good, but you're making it out to be something bad.

[Slaughterhouserock]

Found a good explanation of what's going on with the market:

The sharp rise in the JPY/USD is causing a massive unwind of Yen carry trade positions and contributing to the sharp decline in US stocks. For those who do not understand how this works, a brief explanation

1. Many traders were borrowing Jap Yen (JPY) at low interest rates, converted them to USD and used this to buy US stocks

2. Now that the Bank of Japan (BOJ) is raising interest rates, the JPY has strengthened significantly against the USD.

Now, these traders are in big shit. Not only must they pay higher interest for the JPY they borrowed, they are now facing huge forex losses as well. The USD assets they are holding may not be enough to repay the JPY they have borrowed.

3. This is causing a huge unwind of these trade positions. Traders facing big losses and margin calls are selling their US stocks to raise USD, converting back to JPY and paying back their loans.

4. This can lead to more selling pressure on US stocks and even more declines in the short term. Middle east war escalation, US political uncertainty is also adding to the fear and panic.

Basically, rich fucks are just trying to cover their asses.

[zombie]

i like these information dense posts, even if it's subject i'm not well-versed in enough to comment. i think this is more of what this section needs, than attacks and conspiracy jabber. (though that does have it's place too in moderation)

[Slaughterhouserock]

I highly recommend educating yourself on anything you can to avoid the fear-monger media bullshit. Sites like investopedia are great for stuff economics/stock market related. If you see people freak out about something, read about it before just listening to the social media mob.

[Lazerus]

Slaughter is right about the market and the fear mongering media. CNN, FOX, MSBC etc. they are all owned by the same banks/investment firms and controlled by the same assholes who are writing the narrative. Turn off your TV's and stop watching these networks. Do you own real research into reliable sources to get to the truths.

As for stock trading, Slaughter I had no idea you were into it. I've been trading since I was in my twenties.

[zombie]

this is exactly how i fell into the jordan b. peterson trap. he was more intelligent or well spoken, flowery, with his language and had the veneer at least of not being quite as bias or radical as most other conservative media i've come across. i have since seen through it, or he became too much like everyone else for my taste, maybe he always was but yeah. it's definitely more clear now than when he started to prominence.

not that that equates to doing your own research. but it can be useful to listen to others speak on the subject, while also digging around, as long as they are people worth listening to.

[Jason]

This thread took a wild route. lol. I would say the easiest form of manipulation for the media is blame for market crashes and unemployment. There are so many different ways to read the numbers that they rely on the public to not get a general grasp on it all.

Jordan Peterson has probably always generally held the same political position and has become more vocal ever since the left tried to destroy his career (which they are still in the process of doing). I applaud the guy.

[zombie]

maybe i just grew to be less interested in what he had to say, then. either way, i don't like the guy. he holds to a lot of bad information and twisting good information to fit his agenda. and also blowing a lot of hot air that doesn't really amount to anything but distraction and confusion as to what he's intending to say. so he has room to squirm around and deny a position if he needs to.