I hope you are wrong, but the odds just got better...
@Warstud warned us about recession in post #1 or this thread.
Will his prediction come to pass, 3+ years later?
*Investors Blog*
- Thread starter Warstud
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@Warstud warned us about recession in post #1 or this thread.
Will his prediction come to pass, 3+ years later?
Oh, it is a falling knife. Just no telling how much further it has to go before it imbeds in the foot.
Zee09
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Wardud jumped ship
Zee09
$200 Site Donor 2023
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Don't read any internet slop
Forge ahead...good luck
Wall Street, we have a problem...
I wish it were not so, but wishing, like luck, is a lousy strategy.
A lotta people are gonna get hurt. Working people will pay for the tariff tax increase while the rich will get an income tax break.
I wish it were not so, but wishing, like luck, is a lousy strategy.
A lotta people are gonna get hurt. Working people will pay for the tariff tax increase while the rich will get an income tax break.
JHZR2
Staff member
I’ll call a spade a spade. Not loving today as much as
I DO wish it was payday so I’d be buying in my retirement account.
Still have some cash on the side but not trying to catch a falling knife.
Set all dividends to reinvest automatically.
That’s all for now…
JHZR2
Staff member
Hurt? Really?
Again, standard guidance since forever is don’t invest funds that have time horizon sooner than five years or more.
2.5% stinks. But so what?!?
Not hurting…
Definitely not.
Do I want the markets to keep tanking? No. Does it happen naturally? Sure. Is it probably manipulated due to hatred? I’d bet so.
There is a school of thought that the Fed would cut rates to kick the market into gear again after this meltdown. I don't think there's much love between the Fed Chair and the President, and that could be a reason there was no cut, yet, but I think it's coming soon. I have a feeling things will workout but there's gonna be more pain along the way. Panic is rising which could mean we're near a bottom. Time will tell. I think there are some good long term deals brewing out there.
dnewton3
Staff member
ALL ....
I've had to delete several posts for politics, profanity and rude behavior.
KNOCK IT OFF or the thread gets locked.
I've had to delete several posts for politics, profanity and rude behavior.
KNOCK IT OFF or the thread gets locked.
Just some observations.
Yesterday the Nasdaq sold off 6%, with the mag 7 selling off early. The S&P sold off a little less - I think 5%
Today opposite - Nasdaq held, and sold off less.
I would guess that yesterday was the pro's and individual stock owners panic selling. Today was pensioners and individuals selling there ETF's or retirement managers selling target date funds and the like. Volume was a fair bit higher today it looks like, at least on the few stocks I looked at.
Yesterday the Nasdaq sold off 6%, with the mag 7 selling off early. The S&P sold off a little less - I think 5%
Today opposite - Nasdaq held, and sold off less.
I would guess that yesterday was the pro's and individual stock owners panic selling. Today was pensioners and individuals selling there ETF's or retirement managers selling target date funds and the like. Volume was a fair bit higher today it looks like, at least on the few stocks I looked at.
Zee09
$200 Site Donor 2023
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Pablo just went down a step
I plan to finish Pablo off next week..
Keep it going....
I just stood by today, even though I saw some incredible bargains on preferred shares. We are talking companies that simply will not stop paying, and if they do we have much much deeper problems. If they are down again Monday I will buy. Not quite C-19 bargains but better than the last few years. I'm hurting on some of the small buys yesterday, but not worried. Just holding.
We need more hair on fire people!
Yeah I lost some today. The minute I buy inverse funds the market takes off. That said, again I was off under 1%.
Dave Hess is THE MAN!
There will be one eventually. I boldly predict
The funny thing though - GDP = Private Spending + Government Spending + Exports - Imports.
If you kill imports - GDP grows.
Depends on consumption, right?There will be one eventually. I boldly predict
The funny thing though - GDP = Private Spending + Government Spending + Exports - Imports.
If you kill imports - GDP grows.
I would not say it's not about the 2 people's relationship you mentioned.
The Fed was likely on track for 2 rate cuts this year due to the rate of inflation continuing to subside.
After this week, the Fed will closely watch economic data and the impact of tariffs on inflation; expect a more cautious approach.
In inflationary times, the Fed typically raises interest rates, not cuts them, to cool down the economy and curb rising prices.
I would be interested in the school of thought you are referring to. I've not heard of that.
We are in uncharted times.
