Hacker News new | ask | show | jobs
by LPisGood 1 day ago
I have some thoughts on that. It’s possible that the current administration’s lack of oversight has artificially propped up the stock market. If the next president decides to return to a more traditional rules based structure, the market will probably react very poorly. US debt is also getting more expensive and interest is ballooning.

Making the country less desirable to the most skilled immigrants and eroding the capabilities of the strongest research universities will also mean there is probably hell to pay in the medium term.

2 comments

The swing of the market based on the president's crazy tweets is just insane. This cannot go on for much longer. I will be parking my money at a safer place
> The swing of the market based on the president's crazy tweets is just insane.

A quick glance at charts shows that VIX is not at all out of line with historical patterns, and asking ChatGPT to crunch some numbers confirms that. The "liberation day" spike was not nearly as bad as in 2008 or for COVID, and in fact not much more than events in 2010 and 2011 that people don't even have names for.

My fear is that Trump will keep the show going until the end of his term but generally destroy the market's fundamental health and stability. Then a Dem president tries to re-rationalise the markets, they can't handle the correction, there's a crash, and with the backlash the USA is set up for a real spicy government.