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qclibre22 | 11 months ago

https://finance.yahoo.com/quote/%5EGSPC/

S&P is actually up as of time of the posting of this story on "HN new".

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mikestew|11 months ago

And the Dow is up over 300: https://digital.fidelity.com/prgw/digital/research/quote/das...

NASDAQ is the only laggard, but it's still been going up all day like the rest of the indexes.

What does it all mean? Beats me, but I was wondering if all of this wasn't "priced in" to begin with.

sightbroke|11 months ago

I'm no expert.

And generally it seems most experts say there's no real predicting the market.

I think real measured growth will be slowed by these tariffs but that will take some time to really know.

However, regardless some of this is just sensationalizing which can produce some volatility which can be exploitded by large traders.

I think for many it's hard to comprehend how large the American market is compared to just about any other country and while things are shaky with recent news it's overall not going to hurt the overall American market as is feared.

Again I am no expert and everything may just rapidly crumble and the dollar becomes worthless.

rsynnott|11 months ago

> Beats me, but I was wondering if all of this wasn't "priced in" to begin with.

The markets tend to be overly inclined to take a "nothing ever happens" position; I would expect that the tariffs _still_ aren't fully priced in (actually, they _shouldn't_ be, as they have not yet happened and are not guaranteed to happen).

y-curious|11 months ago

Well, if green numbers go up, we can reverse the logic of the author. That means that tariffs improved the economy! /s

More likely: any headline about "why" the numbers are moving should be taken with a grain of salt.

ytpete|11 months ago

This unfortunately didn't age well :-(