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The current time is Fri Apr 17 20:42:12 UTC 2026
Utopia Talk / Politics / My god is money & Trump is my Jesus
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Rugian
rank | Fri Apr 17 19:05:27 Dow up 1,100 points, S&P at new ATH. Turns out 401(k)s auto-investing in equities plus a president who openly pumps the markets via well-timed Truth Social posts is all you need to have a roaring bull market. To quote Adam Smith, "market only goes up." |
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williamthebastard
rank | Fri Apr 17 19:08:46 did Adam Smith say, "market only goes up." No—Adam Smith never said “market only goes up.” That phrase is a modern meme from internet investing culture, especially around stocks and crypto. If anything, Smith would likely be skeptical of a statement like that—it ignores volatility, downturns, and economic cycles. |
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Rugian
rank | Fri Apr 17 19:10:19 Damn you got me WTB. |
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Sam Adams
rank | Fri Apr 17 19:11:41 Well that and inflation. Inflation helps stocks and especially property. ”401(k)s auto-investing in equities" That's like 90% of investing 101 though. Dump everything into s&p500 etf and forget about it. |
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