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.
On the other hand, all those Leftist subversionist manipulators Steyer, Soros, Buffet, the Fed need to maintain a depressed economy for at least the next twenty months.
Not easy to do I think even for them.
Oct of 1987. What few fail to remember or care to self study that the big crash that year simply brought the market back to where it had been in January of that year.
In January of 1987 investors essentially capitulated into the market, couldn’t take it anymore...they too needed and wanted to get rich quick.
From fall of 1982 until Oct 1987 the market had just gone ballistic and every nay sayer in the world had their comeuppance.
Like many late bull markets, investors were late to the party and went instantly to the aggressive side of things and then promptly lost money.
This downturn is probably a bit like that, as folks have tossed money carelessly into things without ever considering fundamentals.
No prob. I laugh when I consider how folks have so conveniently forgotten the massive sell of of 2002. Heck, even I struggle to remember all the particulars of why the average balanced portfolio declined about 45% in that one.
Much of it a hangover of y2k. Few folks realize that so much of the volatility created over the last 18 yrs can be very squarely blamed on the spending bubble that was created for exploitation, y2k.
Amen.
Ritchy Rich is wrong. It has happened before in good economic years.
I have to admit, I'm surprised considering how good the numbers are in our economy. I do expect it will come back hard, presuming the China deal gets finalized.
at times it is easy to forget.
I’m waiting to pick up WDC and GIS. Added to T.
Yeah, this is really manufactured. And the bonds. Don’t get me started.
During the run with McCain vs. Obama, that July McCain picked up with the addition of the Alaskan Governor. Then the bomb hit. Somewhere on the internet there will be a statement by The Evil One himself, Mr. Nazi collaborator, that says: “We went too far...” referring to taking down the markets to sink the economy and McCain’s chances.
It is out there. Darned if I can find it, but I have excellent recall and a long, long memory.
The ********* are trying it again with Trump. And yes, I know Brexit, shutdown, bonds, tariff wars, Wars, etc. But that is just the catalyst these evil people use to crush everything.
They bloody well do not care who loses their job, home, family, belongings, future, healthcare, lives. It is all threater to them. You do not matter no matter if you are left, right, progressive, Marxist or just plain citizenry.
Capital is everywhere and moves everywhere. They don’t need you.
Those ass holes have a place in the market, but I don’t think this downturn has anything to do with that. Players like that can have an effect on certain securities, even markets, but only for short periods of time. Plus, they also need to be right when they do so.
Soros was indeed right with England, Mexico and Asia when he pummeled them. What he did may have been unethical, but he knew that he was up against a straw tiger that had no backing.
Sometimes folks just divide because the formulae are not obvious to them.
I run call centers and I run into people who butcher budgets by division every other day. The real formula is a little more complicated. Same theory.
look at stocks like VZ and T right now. PE ratios of 5 and 6, dividends of 5ish and almost 7... Those companies have massively positive cash flow. There, just two examples of very strong healthy companies trading at historically super cheap valuations. But hey, that is boring when you can own a mail order catalog type company that sells stuff at a loss but has free shipping and trades at a pe ratio of 10000....
Insanity in the market..only lasts so long...
“... but I don’t think this downturn has anything to do with that...”
Their manipulations plus that of foreign actors in the bond and security markets plus our own home grown subversives in the regulating and rating agencies could.
You are absolutely correct but, I have no doubt that any of these antiAmerican Leftists would drop 10% to advance their agenda.
Yes, but are you terribly, awfully concerned?
Well, whatever it is, like other calamities will essentially dissipate and the market will find a new base to work off of.
I know so many people that are professional advisors. I’ll let you all in on a secret. Not ONE of us that has done this for a while will claim to “KNOW”. We have been too humbled and humiliated over the years, and seen too many “knowing” colleagues get tossed out of this business which is VICIOUS to people that think....”they know”.
There are fundamentals of investing, that require patience and humility. When you follow those, you will probably do ok...probably....
The feds are political and they hate Trump. They will crash the economy to stop him.
Yeah - I expected a rise after the election and I’ve paid the price...now I’m going to be locked till the market returns.
I’ve got time and believe it will come back long term based on Trumps policies. The house can do some things, but not a lot of law passing without the Senate and Trumps signature. Wish the House had locked in permanently the tax cuts before the election.
There is some exceedingly nasty stuff going on in and around our government.
If what you say is so, all that can be done is a military counter-coup to eliminate congress and the courts...and to take out certain state governments. That is “messy” beyond all comprehension...and maybe not even possible with the current military leadership and personnel.
...
Thank you...yep, I wonder time to time who in military would stick with PDJT and who with the cabal. I believe they would be with PDJT...that actually pulls me out of the pit a bit. Each time you see him spend time with the military we should realize that.
Right “Democrats are taking over the House... I’m selling too.”
Tariffs on imports are way over due and strengthen the US economy and US worker.
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