13 upvotes, 2 direct replies (showing 2)
View submission: Thoughts on trump’s economy?
Right now, too soon. But if 1000 point drops keep happening on a daily basis, then things might reach 2022 then 2020 recovery, then 2020 glut.
We will see. Mostly see if employers start doing massive labor cuts due to panic market value and not actual sales and economic data.
Comment by langatang29 at 10/03/2025 at 19:50 UTC
8 upvotes, 1 direct replies
I think we’re already starting to see major layoffs in industries like tech.
Comment by Dave10293847 at 10/03/2025 at 20:51 UTC
6 upvotes, 0 direct replies
The panic fluctuations are meaningless. The big question is can american companies still provide products at prices consumers can afford. If so the market will bounce back really strong and probably exceed projections with a higher GDP projection. In other words if the tariffs work. If they don’t work, deflation.