Not much.
Posted on 03/26/2018 4:56:00 PM PDT by bananaman22
Wall Street is shocked, but it shouldn’t be: Tariffs targeting China should have been a given, and now the market’s tanking on trade war fears as if it just crept up on everyone, but Trump’s been very clear on this.
Wall Street is known for being short-sighted, though, and allowing itself to get caught up in the euphoria of the day. And now the world’s biggest investors are losing hundreds of billions.
(Excerpt) Read more at safehaven.com ...
And I should care for what reason?
Ya snooze Ya lose
Not much.
“You know what the difference is between investing and gambling?”
Casinos are required to post the odds.
One six hundred plus Dow day and we’re a few hundred points from record highs. This article is a victim of events.
The averages go up, the averages go down.
The long-term trend is up.
Buy an index mutual fund and never, never, never try to time the market.
[The World’s Biggest Investors] == [International Elites Who Bet On a Hillary Win]
Dumb post!
“never, never try to time the market.”
There are times to buy and times to sell.
The market’s said, Uh Oh, the grownups are back.
Wall St. deserves no sympathy. They backed Hillary to the max, knowing they could buy her favors after the election. It turns out they weren’t so smart after all.
Published today, but written, no doubt, last night. I wonder how much of that they made back today?
They should have shorted globalism!
Hahahaha...the article states that Mark Zuckerburg was among the biggest losers. Couldn’t happen to nicer guy. The people they are talking about are at a point with money that they have more than they will ever need , I have NO sympathy at all .
This money never existed.
It would be an illusion to value Mark Zuckerberg’s holding of 475 million share of Facebook, or Jeff Bezos 79 million shares of Amazon, at the ‘market price’. Everyone knows they can’t sell their stock at the ‘market price’, for two very good reasons: (a) there is not enough liquidity in the market to buy their shares, and (b) their selling would indicate a lack of confidence in the company that would cause the price to plummet.
It’s called: “Thinning the herd.”
Somebody’s been looking in my personal trading account. How else could they give such a precise number of my losses? I smell a lawsuit.
You just described the entire economy/banking system in relation to debt/IOUs, currency, paying off the debt, the fairy tale called “the debt ceiling” and a balanced budget. We are letting it all ride on paper. Interesting times.
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