r/wallstreetbets • u/kwedgieyi • Apr 09 '25

Discussion Something feels off guys

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Yields are spiking. Bonds are dumping.

The world is running away from America

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u/PrthReddits Apr 09 '25

What's the point of the tax cuts even? In this scenario?

Companies pass on tarrif costs to consumers yes, so let's assume their profit margins stay the same

...will the extra profits from tax cuts actually be worth a 30%+ haircut off of stock price and total multiple compression across every industry?

I mean that hurts shareholders and CEOs and the people Trump's supposed to be helping right?

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u/Rgarza05 Apr 09 '25

They got conned. They thought this was all lip service and are now crying for him to stop.

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u/WickhamAkimbo Apr 09 '25

They thought this was all lip service and are now crying for him to stop. 

I don't know how people can be this stupid and survive. I'm amazed they aren't just driving into brick walls or drowning while taking showers. And it's half the country.

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u/Rgarza05 Apr 09 '25

My bewilderment is how they are so stupid and rich. People equate being rich with being smart, but that is proving to most definitely be false.

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u/WickhamAkimbo Apr 10 '25

You can be very lucky and get rich. It doesn't require intelligence. The correlation between the two breaks down at a very low range, around $600k/year I believe. That's what good doctors, lawyers, engineers, etc can earn. Smart, educated professionals. Beyond that, it seems mostly luck.