OT: Lets talk about stocks (Part 3)

[Lafleurs Guy]

I think Trump delayed the tariffs couple of days in part at least, to see how markets reacted. He originally said Feb 1. Then delayed until Tuesday. Market started to slide big time Monday he was long stalling the tariffs. Last thing he needs is a recession

Tariffs will spark inflation big time. Who knows what he’s going to do but hopefully he sees that this is not a viable path towards anything.

 

[Grate n Colorful Oz]

Tariffs will spark inflation big time. Who knows what he’s going to do but hopefully he sees that this is not a viable path towards anything.

If ever the tarrifs go into full effect he'll end-up with a civil war on his hands. Middle-class Americans don't know austerity.

 

[DAChampion]

If ever the tarrifs go into full effect he'll end-up with a civil war on his hands. Middle-class Americans don't know austerity.

There's been a slow grind austerity here for decades.

Most people under 30 will never own a home.

Though even there it's not as bad as Montreal/Toronto/Vancouver.

 

[Grate n Colorful Oz]

Playstation Network's been down since last evening. Sony limited to saying "unscheduled maintenance" and nothing else. People are talking of a major hack, similar to 2011. Anyone remember if the stock went down back then?

 

[Lafleurs Guy]

Playstation Network's been down since last evening. Sony limited to saying "unscheduled maintenance" and nothing else. People are talking of a major hack, similar to 2011. Anyone remember if the stock went down back then?

They were hacked in the early 2000s and the hackers started revealing emails and all kinds of things. Pretty sure the stock took a hit.

 

[MD thaivuN]

Sony stock is currently down 1.43% during JP trading hours. Personally, I got a long call at $23 strike price in June. Whatever is gonna happen to the stock is probably gonna a small blip. The gaming portion of Sony is a big part of its revenue, but it's also the division seeing the least amount of profit margin growth compared to other Sony divisions. I don't think big institutions have been buying the stocks lately because of gaming lol.