Plunge INDUCTION Team doesn’t like Trump.
The stock market does not reflect the state of the US economy. It is globalist bellwether and gambling casino of the world elites that care not one bit about the US worker or prosperity. It is all about short term profit and thinking..
My sense is that the Obama bubble in stocks, propped up by years of 0% money (and less due to QE) is not busting but is right-sizing through a series of ups and downs with about 23,000 as the base and 26,000 as the pinnacle. This up and down will take place until the natural curve of the stock market is restored.
This is the Pelosi economy. The Pelosi Recession.
Ping and saving for later.
Who cares...these investors are whimps that serve only their own selfish greed...they could care less about the American nation and its future. Case closed!!!
Dems win the house and *poof* goes the economy. Same thing happened when Pelosi got in last time: subprime lending debacle, stimulus, etc.
Hordes of childlike “investors” hear leftist, agenda-driven “experts” drop missives about a slowing economy and eventual recession, they get spooked and then run for the exits.
Most Say Trump Reelection Likely in 2020
Tuesday, December 04, 2018
http://www.rasmussenreports.com/public_content/politics/trump_administration/november_2018/most_say_trump_reelection_likely_in_2020
Americans Are More Upbeat About U.S.-China Trade
http://www.rasmussenreports.com/public_content/politics/current_events/china/americans_are_more_upbeat_about_u_s_china_trade
Confidence In New Trade Deal with Canada, Mexico is Up
http://www.rasmussenreports.com/public_content/politics/general_politics/december_2018/confidence_in_new_trade_deal_with_canada_mexico_is_up
Online is Key For Holiday Shoppers This Year
http://www.rasmussenreports.com/public_content/lifestyle/holidays/november_2018/online_is_key_for_holiday_shoppers_this_year
The Federal Reserve, that is neither Federal or have the Reserves (why the no audits for transparency?), have raised the interest rates 7 times in less than 2 years on President Trump and are planning to raise it at least 5 more times to kill our recovery. This is even though they never raised it one time on Obama in 8 years.
Why does we allow a Private company to manipulate our stock market like this? The Federal Reserve claims they are trying to prevent hyper inflation. However, the only inflation we have is in salaries which was 3% year over year. Although people have not had raises in a decade this is not really “hyper inflation”.
I was correct that the Deep State’s arrest of the Chinese company CFO was designed to scuttle the progress Trump had made with China. I was right.
1. It was overvalued, by traditional measures, to start with.
2. The highest portion ever of passive investing - index funds - which merely follow like lemmings any signal-trend.
3. Get what gains or losses you can by year end.
4. Obtain cash and equivalents for investing after the market settles down over the spring.
The sum of all the above.
Wouldn't worry about it.
But Trump policies have not resulted in an equivalent raise in spendable monies for even skilled workers ( I ask). For instance, Safeway workers told me they got a penny per hour raise.
I know, that as a senior, SS raise a joke, and 18 taxes will be more.
The raggy, slimy soft goods at Chicos to Walmart are ugly, and not worth a tenth of the raised prices.
Food is expensive and more people needing to use coupons and sales.
I live in both upper and lower middle class area by choice.
Faux conservatives in America still haven't learned. Empower the middle class, and you stabilize the economy. Same ol as now happening again, the system fights back.
Economics minus 101.
Maybe tech Ind. has peaked making more toys than useful item.
The Dow is going back up a little (down a little over 400 for the day now, so far).
So Trump has a Chinese lady arrested for some chips but allows traitors like the clintons and obama walk free.
Stock prices and the economy do not correlate.