Posted on 06/12/2021 7:37:41 AM PDT by BenLurkin
I’m getting ready to liquidate a Menus fund next week. The market likely will crash.
Democrats in office, has to happen
I love the doom and groomers, they’re always right — markets eventually crash or go down. However over time, the DOW has always trended UP, with a bunch of dips along the way. I started in the 70s when it was in the 700s. Haven’t lost a penny at any downturn because I never sold in a panic.
A correction here is good news for long term investors.
Here’s the other 5 reasons:
1. Joe Biden
2. Joe Biden
3. Joe Biden
4. Joe Biden
5. Joe Biden
I saw a great parade here yesterday in New York of people holding up Trump flags, Trump signs that said “I voted for Trump, don’t blame me” LOL I gotta get me one of those as it’s only going to get worse.
IMHO, it’s point #4 that matters the most. The stock market is the only place to be when bank accounts are paying 0.1% and CDs are paying 1%. But should the Fed start aggressively raising rates, that will all change.
Yep.
Hey, I’m getting 0.2%.
If one has a million should he or she bail? It happens no matter who is in office but under the democrats recovery takes longer-just like covid.
1. Big govt retirements
2. Trading collars
Rigged.
❎
unchecked "progressive" control of Biden
6) Taking down Central Banksters and Fractional-Reserve financial system, to pave the way for Precious-metals-backed NESARA/GESARA/QFS.
They keep pumping up the market with fiat money. It may never crash but the value is reduced by inflation.
Nice handle...
And...
1. Main street is hurting
2. Nobody wants to work, much less work hard
3. Employers have to hire the right person based on other criteria than best qualified
4. Looks like a war is coming somewhere soon
5. If Biden dies or resigns due to health problems you have an even more incompetent successor
6. Power grid is over tasked, old and faces environmental challenges.
Come on baby, CRASH!
For reasons out of my control, I’m sitting on >60% cash.
Just waiting for the rout.
Millie-What’s wrong with bonds/treasury bills?
Democrats in office, has to happen.
Actually most crashes during the 20th and 21st centuries have occurred during the terms of Republican presidents:
1907 Panic - Theodore Roosevelt
1929 crash - Herbert Hoover
1987 crash - Ronald Reagan
2000-2001 - Both Bill Clinton and G.W. Bush administrations presided over the Dot-Com bubble burst.
2008 Financial Crash - G.W. Bush
2020 Covid Crash - Donald J. Trump
The 2000-2001 Dot-Com bubble burst began in the Clinton Administration so it is the exception.
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