Trump's Market Impact & The Return of Speculation?
A Finnish small entrepreneur's perspective on market sentiment, speculation patterns reminiscent of 2020, and thoughts on investing vs gambling
Random blogger typing thoughts while drinking coffee - don’t be a fucking moron.
Trump wins! Well, the market liked this. This feels like it's late 2020 again.
→ More confidence
→ Trump is pro-business
For fuck’s sake, I, even in Finland, got a little bit bullish and hopeful as an entrepreneur. No, the fight continues to the foreseeable future, but a small step towards a little less of that government everywhere?
It is a huge opportunity. The Europe and cucked suits will, though, continue their moral superiority, so it is more government, more woke, more illegal immigrants, more bureaucracy.
If you want to build something, why do it in the EU? Europe and Finland are still one of the best places to “work” 37.5h/week and call it a day. The socialist dream will eventually shatter. Who am I to judge here? I run my business 8-11 four days a week. Why do more? WHY DO MORE? Everybody is also so utterly idiotic here that subpar mediocrity is celebrated. Just show up, and it is “enough.”
Biggest loser? Media.
Well here in Finland, I don’t think we do some soul searching what went wrong. Why bother? Stick your head up into your arse and call it a day. Or what did they do? 90% voting for Kamala?
Well, luckily, we had the great tax day on 7.11.2024. Everybody who gets over 120k a year will get their name in the newspaper! I would instead read, where in the fuck all the taxpayers money is being used? Why they don’t write about this? They only wanted to write about their own “ideology”. How’s that going?
Cope and seethe screaming and crying into the void.
It was a great victory for democracy and not for the bureaucrats.
The market:
This feels very much like late 2020. Are we in for another speculative peak?
COIN 0.00%↑ 35 to 255 ≈ +600% (Market cap peak 2021 90B, now 63B)
NVD 0.00%↑ 12 to 148 ≈ +1140% (Market cap: $3.652 Trillion USD…)
RKLB 0.00%↑ 3.70 to 13.50 ≈ +260% (Market cap 2021 7B, now 6.68B)
PLTR 0.00%↑ 7.4 to 55 ≈ +655% (Market cap 68B 2021, Now 126B)
Solana 10 to 190 ≈ 1800% (Market cap 75B 2021, now 95B)
S&P500 3600 to 5973.09 ≈ +60%
Nasdaq 11000 to 21101.57 ≈ +90%
Bitcoin 16500 to 75000 ≈ +360%
We already had quite a wild speculation from the late 2022 lows to this date.
With the “ultra speculative” assets, the market cap is already around 2021 levels. Solana ATH's price is 250$, but the market cap is already beyond the 2021 peak.
Does it make any sense? How much there is upside left?
Speculation is fun, but if somebody would point a gun to my head and force me to park my money for +10y? Bitcoin Bitcoin Bitcoin. Trump's win could be huge for Bitcoin - especially if all that talk about Bitcoin reserves wasn't just campaign bullshit. With his pro-business stance, this is still extremely bullish.
Buying unprofitable “businesses” is not investing. It is speculation you buy shit, and you hope that there is some more optimistic idiot who buys your shit. Price has been the greatest narrative setter but remember, with these, the narrative also quickly reverses. Confidence vanes quickly, like in 2022; oh, is it unprofitable? Has a ton of debt? It is not pretty fun to hold when liquidity is vanishing. The majority still believe this is “investing.” No, it is not. It is speculation and gambling. It is fucking clown world. We need the bagholders again, and it will be these cucked “believers,” the cucked suits who have no soul, just fancy suits who measure their success with numbers.
Don’t be the exit liquidity.
Don’t also cry that investing is gambling and everything is a clown world. Warren Buffett can larp as the great 'investor' - he already has 350B in cash and has no need to speculate. How much do you need? What the fuck do you need? Want? Get the fucking money then if that is what you want, somebody will take it if not you.
Speculate only money that you can afford to lose. I would suggest 1-5%
Have at least some plan. When the speculation is like its 2021 you focus on price. Ok, I bought it at this price, then I am selling it at this. Don’t get sucked into the narratives, its fun to dream, it is fucking joke how almost any pile of shit can become the next “1 TRILLION company”, do you remember the times when the unicorns were rare?
Retail always buys the top. Already my friends shill some extremely retarded tickers. BUY LOW, SELL HIGH, BUY FROM THE PESSIMIST, and SELL TO THE OPTIMIST. Where the fuck you were in 2022?
99% will only lose.
You have to live and breathe this shit 24/7.
Well, what is still undervalued and suitable for the long term? China, maybe? Some European stocks also. Tariffs! Trade wars! Trump is pro-business; he is just inviting everybody to the table to negotiate—to make deals.
Trump should be, though, pretty mean for the 🤡. Completely different tactics than the Democrats cut taxes, less government spending…
This can also spur many more “narratives” in an opposite way from what the “media” has reported. Ukraine? Could we have some Berlin Wall moment? (Macrovoices Pippa)
Stay strong,
Sources and good shit: