Technology stocks are getting hammered after Trump doubled down on his tariff plans, leading to market volatility and potential economic slowdown. Are we all gonna be homeless?
Technology stocks are getting hammered after Trump doubled down on his tariff plans, leading to market volatility and potential economic slowdown. Are we all gonna be homeless?

Tariffs? More Like Terrifying!

Alright chat gather 'round. You know I gotta keep it real with you guys. So Trump's out there doing the Trump thing right? He's sticking to these massive global tariffs even after the Magnificent Seven – you know Nvidia Apple Meta Amazon Microsoft and Alphabet – all took a nosedive last week. We're talking about serious 'Doom and Gloom' vibes here folks. I'm looking at my GME stocks praying for a miracle. I hope I don't have to sell my WoW gold.

A Brief Moment of Hope... Gone!

There was this fleeting moment a glimmer of hope where everyone thought maybe just maybe Trump would pump the brakes on these tariffs. The market did a little hop skip and jump. But nah the White House was like 'LOL just kidding!' and crushed our dreams faster than a World of Warcraft patch note dropping on a Tuesday. It was like 'Oh you thought you were safe? Think again buddy!' Straight up 'Get Rekt!'

The Magnificent Seven Get Mugged

Last week was brutal man. The Magnificent Seven lost over $1.8 TRILLION in market value. That's more money than I've spent on haircuts... ever! The Nasdaq entered a bear market. A BEAR MARKET PEOPLE! It's like the pandemic all over again but this time instead of toilet paper shortages we're gonna have like graphics card shortages... again! And with gas prices soaring can we catch a break? Can we just get one win?

Trump's 'Medicine' is Poison!

Trump's saying he doesn't want anything to go down but he's dropping these tariffs like they're hot. His words? 'Sometimes you have to take medicine to fix something.' Yeah well this 'medicine' feels more like poison! Jamie Dimon the CEO of JPMorgan Chase is saying the tariffs are gonna hike prices. Car companies are pausing shipments. Trade groups are warning about higher grocery bills and more expensive electronics! I am seeing flashbacks to when that guy was charging 2000 dollars for a graphics card.

Semiconductors? More Like Semi Conducted to the Grave!

It ain't just the big boys suffering. Oracle Palantir and even semiconductor companies like AMD and Intel are feeling the pain. People are worried these tariffs are gonna destroy demand. Less demand? Less money! It's a slippery slope. It's like that feeling when you're waiting for the next season of Diablo and then Blizzard announces it's gonna be a year away! I'd rather watch paint dry.

Are We All Gonna Be Homeless?

So what does this all mean chat? Are we all gonna be living in cardboard boxes scavenging for scraps of XP boosts? I don't know! All I know is I'm gonna be hitting that 'like' and 'subscribe' button harder than ever just in case YouTube becomes the new currency. Stay vigilant. Stay informed. And for the love of God diversify your portfolio... unlike me.


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