Posted on 12/17/2018 3:17:03 PM PST by CincyRichieRich
Folks, we are at a cross roads...there are no Hannity, Rush, or Beck bombshells to help PDJT. The Fed does its thing tomorrow, and I am not hopeful of Powell backing off a rate hike. The market is being pushed down by hedge fund managers (not little ones, BIG billionaire ones), Steyer, Soros, Buffet (yes, him, too), the Fed, etc.
They will raise rates and we'll be tanking for more days on end, and, some Freepers will say it's just over-valued and continue to pretend.
Does anyone think the market isn't being tanked to prepare for 2020?
Let's say Justice Roberts was blackmailed.
Let's say many congressmen were blackmailed after the unmasking, bugging by Obama, NSA, etc.
Let's say Sessions was threatened.
Let's say Jerome Powell gets threatened by a paid fixer from one of the aforementioned Soros-esque outfits.
To whom will Powell go for justice, protection and such?
The FBI? The DOJ?
Really???
Unless PDJT has some trump cards/aces in the hole, I don't see how we get back to him being on top...right now, I am deeply troubled.
I am not in the market. The Obama recession wiped out my 401K / retirement.
Life is a pendulum. Inflation exceeds 12% per year, noted economists say that inflation will never get below 6% per year......then it stays have very low to near nothing levels for years.
The markets go up and down.....but generally up over time (even inflation adjusted). The markets have gone up a lot over the past decade and now they are going down a little. Yes it seems like a lot, but most of my investments are still about where they were in March or April of this year. That is only “down from where it was a few months ago” not down from a year ago or two years ago.
The “market” is fueled by speculators and is no longer priced on a day to day basis by fundamentals. It is priced by the computer buy-sell algorithms, and by speculators.
If we look at the US economy, it is relatively strong compared to all the other developed nations. The question marks are China, the UK and what is going to ultimately happen to the EU with France in chaos, Germans about to revolt, Italy in economic disarray, and Spain and Greece barely hanging in there. Also Russia is not doing that well.
So what is the shining star that the IMF is looking to to help keep the money machine alive? It is the US economy.
Are sales by US companies to foreign markets like China, the UK an the EU important to the economic health of the US? Yes they are. Is that why fair trade balances and competition are important? Yes. Is there fear in what might happen to international markets? Yes.
Is the stock market's wild swings caused by what the Federal Reserve Bank is doing? Only a little bit.
Now let's look at the serious issues. How is the debt ridden state & local governments unfunded pension obligations along with the Social Security Medicare debt obligation going to be solved?
The economists and some of the politicians know the answer to that question. It will be through “inflation” that makes those obligations less expensive or at least paid off with cheaper dollars. The Fed and the federal government are hell bent on jacking up inflation so as to solve the government financial problems.
Now what does that mean for the common investor? Well when inflation become rampant again, you will need to have your investments in either stocks or commodities. So those that who panic and sell out of the market now and sit on a big pile of cash are the once that are going to loose unless they are quick to hedge against inflation.
It wasn't sarcasm.
LOL, since I joined FR in 1998 I’ve heard that from Freepers here, always fascinates me...
1998 Asian Contagion, LTCM melt down
2000 Dot Com/Growth Bubble Burst
2002 Baby recession, blood bath
2008 Liquidity crisis/Great recession
2010 Flash Crash
2011 Summer 20% sell off
...
Thank you, Ostrich. Yep, this is nothing different. Carry on.
You’re right. It is what it appears to be, and you’ve taken the first, most important step of educating others.
Some investors are obsessed with controlling government at all levels and addicted to doing so. It’s their fault. Their influence is heavy, but it’s not infinite. There are some things that we can do.
Let’s make sure that the whole nation knows what you just described to us and more, and begin to campaign for President Trump and a better Congress in 2020.
What’s really important, is what we do as individuals. We are the network with real potential.
Many of us don’t have money, but every one of us can donate a little where it will count. And every one of us can communicate the importance of the 2020 election with our neighbors. There’s a push of all pushes to take our rights away and enslave us all.
Tell people in other ethnic groups about it. Do they want slavery or freedom and better lives? And obviously, the potheads want conspiracy stories. So let’s give them some conspiracy stories with real minds behind the tales. I hate conspiracy theories. But if that’s what it takes,...
Bring everyone in under the umbrella of all umbrellas for all of us. The only demographic that we can’t bring in is that of Hillary’s old girls. Stop wasting time on trying to turn them away from their brainwashing and insatiable nature (as seen in their circus against Justice Kavanaugh), and enlist everyone else to crush their efforts instead. Maybe we can pass laws against gossip after winning. ;-)
I go back to the 1970s when I was told only darn fools invest in the stock market and anybody who does will have their comeuppance.
These nervous Nelly posts at FR. If you were to study them you’d find this...
They go for about 3-6 months most of the time. The market has typically slowly eroded before the first of these posts get started. Then, they start becoming frequent, and occasionally they hit the “breaking news” bar.
After 2 months of Nervous Nelly posts, the market is typically a screaming buy, but there might be another 2-3 months of trouble.
Usually, some Freeper becomes the bully naysayer I told you so that claims that YOU should have listened to him...
All a sudden, the market goes up, then it goes up more, the last thread about this is someone saying that there is more trouble to come, sell after the dead cat bounce and even if there is a recovery coming it will be an L shaped recovery.
So, in my opinion which is worth about 2 cents for market timing...we might have a bit more trouble to come since this market is only in the 10th month of a downturn and usually the stuff goes on for 18-24 months.
I wouldn’t be surprised if we turn things around in January, but again, it’s all guess work on that short a term. Longer term, I do think that the US economy is pretty solid and we might see pretty good returns over the next 3-5 yrs. Because the last 3-5 yrs are way under mean.
Here is what I did. I stopped putting my faith in the market, and put my faith in the Lord.
10 years on I am better off and never once had to worry about where the market was headed. Christ and the apostles didn’t worry about retirement.
Neither will I.
Liberating.
...
Dude, I’m saved. That doesn’t preclude despising demons and ask in God to protect Trump and smite those demons ...David got pretty pissed at his enemies...
Watching “I can Only Imagine” was a good uplift yesterday.
I was off by a year. I thought it was October of 86. Either way it was very similar to the market today. but interest rates were reversed. My first home mortgage was 30 years/15.2 percent in 1988. What ever the crowd does, I do the opposite. I bought a house and jumped in the market when everyone said don’t. I invested, refinanced, dollar cost averaged and didn’t sweat the irrational exuberance of “traders” and kept my day job.
Back then they told me it was Carter by a landslide; This time they all said it was Clinton for sure. I never listen to politicians, economists or meteorologists. They are the only people who can consistently be wrong and still get a paycheck. (LOL)
I’ve got some carbon futures for sale if anyones buying? (LOL)
I agree. The Deep State is taking out Trump through the Deep State-controlled Fed.
NOTHING has changed except the Dems won the House.
The Market Rise was BUILT on Fed quantitative easing, and it’s low interest rates chased money from bonds into equities, ‘cause equities (stocks) benefitted most from the low interest rates.
Now it is only somewhat natural that a set of market values BUILT on actions by the Fed will demonstrate some reversal when the Fed’s policies are reversed, and it is declared that that reversal will continue.
Secondly it is also year end, and companies are trying to shore up what their baseline accounts are worth. If you are going to take some losses, you are also going to sell some “good” stuff to acquire capital to help cover some of the losses, on the books for this year.
Some of that capital will be held to look for opportunities next year.
There is also the uncertainty of what Congress will or won’t do, and as far as the economy goes I think worry over that uncertainty is overblown, as Trump and the Senate are likely to block and veto anything too dangerous from the Dims.
What we want to see in 2019 and is not market that makes up for 100% of 2018 losses in 90 days, but, if the economy moves ahead inspite of the stock market, that the market follows with modest gains throughout 2019, and hopefully reaches values built on value and not the Federal Reserve’s machinations.
The concern is that the history of the Fed is, while having been created to help stop the boom and bust business cycle, its actions have instead made it the main engine that creates the boom and bust cycles; provint it, the cure, is as bad as what it was supposed to help cure.
;)
I could be wrong, but I thought QE1, QE2, and QE3 were artificially stimulating the economy. Now they are having to adjust it back to a natural growth economy. The private sector is strengthening, and can absorb the markets ups and downs. All these back owned stocks and Fed. Reserve owned stocks are being circulated back into the private sector.
That should read, ‘All these bank owned stocks and Fed. Reserve owned stocks
Anyone smart enough to accumulate the hundreds of billions needed to manipulate the stock market is smart enough to wait until their manipulation could actually affect an election.
I know it's late in the year but it's 2018.
I could be wrong, but I thought QE1, QE2, and QE3 were artificially stimulating the economy. Now they are having to adjust it back to a natural growth economy. The private sector is strengthening, and can absorb the markets ups and downs. All these back owned stocks and Fed. Reserve owned stocks are being circulated back into the private sector.
...yes, that is true...none was adjusted during Obama...now...PDJT is president, we don’t like him, so let’s do all that now...you get my point?
The deep state has been after Republicans since Abraham Lincoln took away there cheap labour. Nothing has changed. It’s a given.
You could pull a Rip Van Winkle for a decade, wake up, read a few headlines and know who was in office by the adjectives they use and devise a strategy from there.
I don’t remember I single Republican that they didn’t despise while they were alive and revere once they were dead. Plan accordingly!
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