It must being going the other way if msnbc is predicting a crash.
Wishful thinking on the part of the Communist Shill network.
They really DO want the USA to collapse.
Again? What doe Jim Cramer say?
A bunch of people sell stocks in March to have money to pay taxes by April 15th. Such selling causes the Stock Market to fall. Sort of like the weather. Happens every year.
If MSLSD says we are headed for trouble, I believe the future is brighter than ever!
Wow! So they’re Billionaires?
Because anyone who can consistently predict the market should be one.
after the arrests start, there will be a slight correction… then, 55,000 dow.
The AI shell game will not end well on Wall St. But Amazon and Apple will land on their feet. Solid, smart, cautious investments from both companies.
If there is going to be a crash in the near future, look no further than Obama/Biden and runaway spending.
The safety valves that are in place today make the comparison utterly stupid. Also, the Crash of ‘29 was in large measure a house of cards where everyone bought on margin. It was the avalanche of margin calls that snowballed into a momentum that could not be stopped. Also, the current run-up in the market is fueled mainly by the growth of AI. I expect this to taper off and the DJI to fall back some, but the distortions that triggered the Crash simply are not present.
They said the same thing 10 months ago.
1)We no longer fear runs on banks causing depressions.
2) aggregate demand simply cannot crash like it did after 1930 because the public sector is so much bigger and all sorts of government programs prevent aggregate demand from crashing, ie food stamps, welfare, Social Security, Medicare, Medicaid, unemployment insurance, depositor insurance.
3) people don’t put all their savings in banks anymore. In the 1930s, Smoot-Hawley passing the House and Senate led to stock sell off, but then after the trade war started, a series of bank failures tied to collapse of trade took peoples’ life savings with them.so they had no money to keep up aggregate demand in the economy, then desperate banks foreclosed on farmers, people who could not keep up their payments on what they owed, as prices collapsed. FDR and Hoover policies often made things worse.
4) we’re not really worried now that global trading will grind to a halt, not afraid people will lose ability to stay afloat. People have wealth, the public sector is huge now, .
Hard to imagine the sort of panic that possessed people in 1929-1930....hard to imagine income tax will be hiked from 25% to 65% and then 90% , like what Hoover and FDR did.
First there has to be a US Stock market correction, especially among the Tech stocks at some point.
Second there is a world sovereign debt crisis that will cause chaos in world stock market. It should be noted that most of the S&P 500 stocks have major international revenues, so if the economy collapses in other major countries it will hurt our stock market.
European sovereign debt is a house of cards and some believe that Europe needs a major war to distract their citizens from a default that is likely. Same is true for Russia, China and a host of other countries. If you look closely at the various USA States, about half of them are not financially sustainable. That means in the not too distant future they could default on their public debt. Then you have a huge number of cities in the USA that are hanging by a thread from going bankrupt. And neither the States nor the federal government will be able to bale them out. Finally, you have the federal government of the USA that has a real debt problem and unless it cuts spending drastically will have a borrowing problem that could tank the USA economy.
And our federal government is becoming dysfunctional to a greater degree every month.
MSNBC has been right about everything so far...🤣🤣🤣🤣
Its hilarious. According to the media….For almost ten years everyone has been “playing” Trump but he is the only President Ive seen successfully operate the fedgov as business not a charity. In a year the pledged investments will have began to pay off, more illegals and useless govt workers wont be weighing on the taxpayers, wages should continue to rise , not because of inflation but bc of eliminating cheap illegal labor. If the market crashes it wont be because of Trump. Its because the markets are overvalued…. You can blame the billionaires who run funds for that. The markets are at all time highs….. are they giving Trump the credit? Nah but he will get the blame when the eventual haircut comes…. recession?…. That ship has sailed…. Along with racism and fascism… chicken little media has neutered the terms with overusage (and of course always being wrong).
What is this “MSNBC” of which you speak?
According to the socialist’s smartest economist Paul Krugman, the results of election night 2016 was going to crash the US stock market and economy worse than ever before. He kept making the same prediction for the next 4 years.