[FR_addict]

If the Dow keeps dropping, we may not have to worry about Capital Gains, only losses. The 10th largest company in the world, Glencore just lost 30%.

[DoughtyOne]

What, stock markets don’t only go up?

Wow, this is news to me. /s

This run up of the market was artificial IMO.

There was no compelling reason for it.

Other than the market continually going up, what impressive thing has happened in the business environment to justify it?

Nothing.

Sales haven’t skyrocketed. Jobs haven’t increased. Businesses haven’t suddenly become way more sound. New infrastructure isn’t broadly being built.

[GilGil]

Would not be surprise if Dow at 12k by December .

And 5k by election time.

[montag813]

If the Dow keeps dropping, we may not have to worry about Capital Gains, only losses. The 10th largest company in the world, Glencore just lost 30%.

Housing also had a bad number today, and will get even worse as the market implodes, which I believe it will.