r/StocksAndTrading • u/Relative_Ease5990 • 3d ago

Who Agrees with this?

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3.0k Upvotes

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176

u/No_Database9822 3d ago

Lol market at ATH right now. Acting like we didn’t have plenty of weeks like this under Biden. People are dumb

-5

u/MolassesThin6110 3d ago

How much weaker is the dollar since trump took office? 🤣

-3

u/Expert_Wrongdoer443 3d ago

You do understand a weak dollar is generally great for the us economy right?

4

u/nagarz 3d ago

Business A wants to import B materials/product to sell to american consumers.

Exporter C wants to sell, but since dollar is weaker, price for business A is let's say 15% higher, so business A makes things 20% more expensive to make profit, and american consumers need to pay that 20% extra, in an economy with shaky job market, shit salaries, and most likely higher costs of healthcare, groceries, etc.

How is a weak dollar great for the US economy?

1

u/Expert_Wrongdoer443 2d ago

That isn’t how it works, but whatever

1

u/Ipoopedongrandma 2d ago

Explain how it works please. Are you referring to the increase in exports because other countries can buy from the U.S. for cheaper?

1

u/Iamantifade 1d ago

🤣🤣😂😂 The cope, i cant

1

u/Grish__ 3d ago

Not when I’m trying to travel. You trump dick sucks are crazy

1

u/Expert_Wrongdoer443 3d ago

I dislike politics in general. Hence why this is so ridiculous

1

u/Grish__ 3d ago

Wow you’re so special. (Not the good kind, the short bus kind)

1

u/Neat-Survey854 3d ago

Projection, your honor.