nein51 said:boognish_bear said:BREAKING: Hedge funds are facing Lehman-style margin calls due to the market crash triggered by President Donald Trump's tariffs.
— Jacob King (@JacobKinge) April 5, 2025
Record number of layoffs expected in the coming weeks.
I said in another thread this was a real possibility.
One of my trading apps used to show up/down vs prior day. They switched to "all time" about a week ago. If you click to look at yesterday you get a message about staying the course.
If you click to withdraw your money you get a series of messages about keeping on track and the possible tax implications of withdrawal.
It's pretty obvious the market is freaking out. If you're not ready to retire this is a great time to buy the dip. Could be a huge money maker.
Had my first client go kaput. Startup framing contractor. Bid a job a month ago and now the price of lumber has gone up around 20% because of the tariffs and he can't purchase the lumber. Been in business only 2 months and put in $200k of his own money.
Now out of work and his savings is gone.


