this post was submitted on 10 Jul 2025
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[–] wise_pancake@lemmy.ca 12 points 2 days ago (1 children)

In related news: https://www.theglobeandmail.com/investing/personal-finance/retirement/article-canadian-investors-us-stocks-sun-life/

Canadian investors divested from U.S. equity funds in the first quarter at the highest rate since the start of the pandemic, moving their money into more conservative investments, according to a new report from Sun Life SLF-T.
 But people aren’t cashing out. Overall withdrawal rates remained stable, suggesting that investors are staying committed to their long-term savings.

[–] No_Eponym@lemmy.ca 3 points 1 day ago* (last edited 1 day ago)

I mean, he is actively cutting the SEC for his own scamy benefit, he is tanking the dollar, he is ruining the economy, he is defenestrating the rule of law and due process, and he is doing his best to overthrow the federal reserve. Also, Republicans kind of hate a lot of the companies in the Mag 7 and are all on board for antitrust suits against woke oligopolies. If equities are investments you hold for the long haul, regardless of how the US has done in the past, how can you see current actions working out well for investment in the future?

Get off the American meme stock market rocket, chances are growing it will do a SpaceX to your investments.