If you have any money in the stock market including retirement funds, it's going to be a poop show tomorrow. You can read about the Federal Reserve Board of Governors HERE. When they were trying to force Jerome Powell to resign, he adamantly refused to do so.Trump posts a letter stating that he is removing Fed Governor Lisa Cook
— Acyn (@acyn.bsky.social) August 25, 2025 at 5:07 PM
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The good thing that I can say all this is that every congressional member, every judge, every bank, all of the Tech Bros, Elon, Bezos, Bill Gates, Warren Buffett, Apple's Tim Cook who just two weeks ago ran to the White House to give them a 24-karat Apple plaque. Once we start down this slippery slope, we can't stop sliding...and we will be a third world country because if there is no faith or trust in the US financial system since other countries don't know if our dollar is worth a dollar or ten cents they've fired the people that actually have the proper credentials.
Stay the course. Long term index investing per John Bogle is THE proven, passive, sound way to invest. A major tenet is Stay. The Course. Tomorrow means nothing.
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