• USA is deeply wrecked (Was: yeah, only in your dreams [dead cat bounce]

    From Mild Shock@21:1/5 to Mild Shock on Fri Mar 21 20:46:54 2025
    Hi,

    Today I had the idea to buy the USA dip,
    like buying a little NASDAQ stocks or something.

    But then I read about the closing of the department
    of education, which was distributing 30 billion PELL
    GRANTS, which is around 150 USD wealth

    redistribution per capita. So I think USA is fucked,
    and it will only get worse and worse. Mostlikely
    the timeing is bad taking other seasonal effects

    into account, and 2025 will not recover. Thats my
    hypothesis, since month May is too near already.

    Bye

    P.S.: So stocks showed a small recovery, but this
    is most likely a dead cat bounce: https://www.investopedia.com/terms/d/deadcatbounce.asp

    Mild Shock schrieb:
    Hi,

    I don't believe stocks in the USA will
    recover. It willl only get worse and worse.

    This was only a dead cat bounce:

    https://www.investopedia.com/terms/d/deadcatbounce.asp

    But its basically over and out.

    Bye

    Physfitfreak schrieb:
    No, the price isn't budging. Stocks have lost value and people don't
    want to sell them at such lows so they could buy XRP.

    As stocks recover, however, XRP will grow.

    If XRP had grown steadily, people _would_ sell their stocks at low to
    buy XRP.

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