Current Events > Stock sell off could trigger 'circuit breakers' tomorrow

(+) Yeah! (+)

https://x.com/kobeissiletter/status/1909009051628843488?s=46&t=pGlQy9QzYotcsUa1DNrknw

https://x.com/cheddarflow/status/1909005266709803470?s=46&t=pGlQy9QzYotcsUa1DNrknw

https://x.com/unusual_whales/status/1909023013372375393?s=46&t=pGlQy9QzYotcsUa1DNrknw

https://gamefaqs.gamespot.com/a/forum/e/e63a5b46.jpg

What does this mean? Assume I don't know anything

What is a circuit breaker in this context? A halt on trading?

The "trade deficit" that was flagrantly invented by this gaggle of idiots?

Accolon posted...

What does this mean? Assume I don't know anything

SEC made it a rule where trading automatically halts for stocks that drop too fast

It happened a lot during Covid and I think 2022. It prevents the vicious cycle of stop loss triggering and bot trade dumping during quick falls.

would something like that slow down the trumpcession? or is it like falling down stairs instead of falling down an entire story?

I was waiting for this correction since 2022 let's go

LSGW_Zephyra posted...

What is a circuit breaker in this context? A halt on trading?

Yes, in fact its automatically triggered by software

https://www.youtube.com/watch?v=QRNa5BSoVBY

https://x.com/newswire_us/status/1909031161151578452?s=46&t=pGlQy9QzYotcsUa1DNrknw

https://x.com/deitaone/status/1909031014795538682?s=46&t=pGlQy9QzYotcsUa1DNrknw

omg

So, everyone is going to be rushing to sell at the start of the market to get in before the trigger? Sounds like a short work day for them. Go in at 8 get home by 9.

Accolon posted...

What does this mean? Assume I don't know anything

Trading is halted.

LSGW_Zephyra posted...

What is a circuit breaker in this context? A halt on trading?

yes, but only for 15 minutes(unless it hits the 20%)

gives people time to make phone calls and figure out how they can still make money instead of everyone just continuing to sell.

KnightofShikari posted...

would something like that slow down the trumpcession?

It could. People don't think straight when they're panicking, but forcibly halting trading would force people to wait if they still want to sell. Increases likelihood of people using that break to stop and think, and maybe use the crash as an investment opportunity to buy in on. The fact that it's even that bad to start with is pretty severe though, and "slowing down" doesn't mean stopping either.

Also, idk if this is even going to stop at a recession - at the rate things are going, we'll probably end up with something on the level of the Great Depression, if not worse.

Who could have possibly seen this coming?

TRUMP: "Welp, better go play golf and avoid reporters again"

More good news. Just what we needed

I kind of want to see what happens to the crypto market.

https://gamefaqs.gamespot.com/a/forum/8/879bf3ca.jpg

And just think, Republicans and Trump still aren't done enacting depression creating policy, they still gotta ram that tax cut bill through the senate and some of those ghoulish motherfuckers wanna make it even worse out of ignorance, greed, sadism, cruelty and just plain evil desires. We're gonna have a dead economy absolutely no social programs or federal assistance whatsoever as the rich plunder all of it for personal gains and the leadership of the federal government have completely abdicated their duties to the orange man while the right wing trolls swear up and down that all of this is good or it doesn't exists and if it does exist only the godless woke leftists find a problem with it the rest of you loyal good patriotic Americans love this shit and crave more and so on and so on.

tremain07 posted...

And just think, Republicans and Trump still aren't done enacting depression creating policy, they still gotta ram that tax cut bill through the senate and some of those ghoulish motherfuckers wanna make it even worse out of ignorance, greed, sadism, cruelty and just plain evil desires. We're gonna have a dead economy absolutely no social programs or federal assistance whatsoever as the rich plunder all of it for personal gains and the leadership of the federal government have completely abdicated their duties to the orange man while the right wing trolls swear up and down that all of this is good or it doesn't exists and if it does exist only the godless woke leftists find a problem with it the rest of you loyal good patriotic Americans love this shit and crave more and so on and so on.

Reminder: Project 2025 has a part 2 that they haven't shown because its so extreme. Things are going to get much, much, MUCH worse.

metralo posted...

Reminder: Project 2025 has a part 2 that they haven't shown because its so extreme. Things are going to get much, much, MUCH worse.

Oh God. What?

Circuit breakers were put in place to give time for the government to fix problems. The problem is they only delay the inevitable when the government is causing the problem.

Kanaya413 posted...

Oh God. What?

Lets put it this way. The insurrection act enabling martial law nation-wide enforced by the military is in part 1.

If those circuit breakers were put in place by the SEC and not a law from Congress, could someone sue the SEC to block them under the Chevron deference overturn?

tremain07 posted...

And just think, Republicans and Trump still aren't done enacting depression creating policy, they still gotta ram that tax cut bill through the senate and some of those ghoulish motherfuckers wanna make it even worse out of ignorance, greed, sadism, cruelty and just plain evil desires. We're gonna have a dead economy absolutely no social programs or federal assistance whatsoever as the rich plunder all of it for personal gains and the leadership of the federal government have completely abdicated their duties to the orange man while the right wing trolls swear up and down that all of this is good or it doesn't exists and if it does exist only the godless woke leftists find a problem with it the rest of you loyal good patriotic Americans love this shit and crave more and so on and so on.

You're just being short-sighted here. Once that budget bill passes with tax free tips* then we're all gonna be so fucking rich that nobody is going to even know how to SPELL the stock market. Stock market? More like STINK market! To the fucking moon, bois!

*tax free tips are not in the budget.

Ah, beans.

Kanaya413 posted...

Oh God. What?

Watch Handmaids Tale on hulu

That's what they want to do

Heineken14 posted...

You're just being short-sighted here. Once that budget bill passes with tax free tips* then we're all gonna be so fucking rich that nobody is going to even know how to SPELL the stock market. Stock market? More like STINK market! To the fucking moon, bois!

*tax free tips are not in the budget.

Ah, beans*.

*beans are not in the budget either

https://m.youtube.com/watch?v=atZ7BlqSPUg&pp=ygUcYmxhY2sgZnJpZGF5IHNvbmcgc3RlZWx5IGRhbg%3D%3D

(I know its Monday, but still a relevant song, methinks.)

No, no, you see, economic collapses are good because you can make better trade deals and build more factories. Also, we're saving so much on federal spending that the debt will be wiped clean in no time. But also, we'll be saving so much in taxes and seeing astronomical wage growth that this will all be worth it.

Oh, but weening off fossil fuels to better the climate is bad because how dare you ask to endure short term pain for long term benefits.