How much lower does it go before I get back in?
Or is this going to get much worse.
Personally been sitting on sidelines and missing out on bull market.
How much lower does it go before I get back in?
Or is this going to get much worse.
Personally been sitting on sidelines and missing out on bull market.
Buy XPlay (+43%).
Trump is doubling (2x) US debt.
You can figure out what that means.
4th century Roman wrote:
Trump is doubling (2x) US debt.
You can figure out what that means.
I can't. Didn't the two president before him do almost the same?
When Black Monday comes
I stand down by the door
And catch the grey men when they
Dive from the fourteenth floor
econ103 wrote:
4th century Roman wrote:
Trump is doubling (2x) US debt.
You can figure out what that means.
I can't. Didn't the two president before him do almost the same?
In one year for Trump. In 8 for Obama.
if you are retiring next week, sell sell sell. Otherwise, hold. This is a correction. The market finally found a ceiling to the long bull market. We may see another 1,000 come off over the next week or two. After that, things will stabilize.
I would shift out of high risk speculative ventures in tech or real estate. I think there are some bubbles there that are set to burst.
Once the blown out US budget and concomitant massive deficit drive interest rates and bond markets too high, we will be on course for a return of stagflation. Big business will be so full of cash due to the new tax laws that they will just play it safe. Corporate bonds will be too expensive to fund any expansion that has any risk. High dividends will keep investors happy without showing strong growth. Wage gains will come to a halt once the few local and state minimum wage hikes are digested by the market. Rising interest rates will stop any further wage gains and lead to stagnation plus inflation due to high interest rates.
warren_harding wrote:
How much lower does it go before I get back in?
Or is this going to get much worse.
Personally been sitting on sidelines and missing out on bull market.
Be patient. Don't make uncertain moves in a time of Uncertainty. Markets go down, and markets come back up.
And both markets have done that, so simply wait unit the rain stops.
4th century Roman wrote:
Trump is doubling (2x) US debt.
You can figure out what that means.
Our President was very forthright about owning the runup in the stock market over the last 15 months, and I am confident that he will be equally honest about owning this temporary setback.
Precious Roy wrote:
if you are retiring next week, sell sell sell. Otherwise, hold. This is a correction. The market finally found a ceiling to the long bull market. We may see another 1,000 come off over the next week or two. After that, things will stabilize.
Which is how the markets have been since ... since they were invented.
Under Trump expected more or these larger swings. They will match up with his emotional wild swings all over the place.
Roubles are the future.
trump should step down. It was nice while he was improving the stock market. but now he has become the problem.
It will far much further than 1000 points. Take a look at the Greek economy to get a glimpse. We cannot continue to run deficits.
econ103 wrote:
4th century Roman wrote:
Trump is doubling (2x) US debt.
You can figure out what that means.
I can't. Didn't the two president before him do almost the same?
depends on what level you double it
Mostly agree with what you said, but my pessimist side says bigger than another 1000 point fall. There will be volatility in the months ahead that can make some day traders money and scare a lot of others out of the market which will slowly bleed it down.
Basically, Dow sell-off was a globalist NAFTA-loser sell-off. Boo-hoo to Soros & friends.
Multinationals hit hardest wrote:
Basically, Dow sell-off was a globalist NAFTA-loser sell-off. Boo-hoo to Soros & friends.
Nope, has to-do with Fed tightening. Obama's BFF Yellen wouldn't do it during his term, but they are looking to squeeze Trump (USA).
Anti-Trump idiots can't wait to blame this drop on Trump!
Jerome P wrote:
Nope, has to-do with Fed tightening. Obama's BFF Yellen wouldn't do it during his term, but they are looking to squeeze Trump (USA).
Well, except that Friday was Yellen's last day on the job. But otherwise, sure.
M A G A x 10 wrote:
Anti-Trump idiots can't wait to blame this drop on Trump!
Probably true...just as the pro-Trump idiots were giving him credit for the rise, and being really noisy about it.