Seems to depend on how soon BiXiden can kill the economy.
Who knows? The bottom line is that the market is always volatile when you have the kind of unease and uncertainty that we have now. Just the comment by Biden that Putin will probably invade the Ukraine is enough to scare the market and investors. And the is just scratching the surface of what we are dealing with.
So now that the covid panic is wearing thin, they want to generate a panic in the stock market. This could easily turn into a self fulfilling prophecy. I got out of the market when Trump left office and had been kicking myself since. But as of today, the NASDAQ is basically flat from this time last year. I’m feeling better about my decision now. I hope no good American is hurt by this down turn.
Okay,
What Now?
Precious Metals agree. BOOM!
Diversity in investing is your friend. :)
However, investing in bullets, beans, gasoline, sturdy boots and thick, warm socks goes a long way, too. ;)
I’m out after a bloodbath. You keep thinking they will prop it up so the commies don’t look so bad. Like they did with obama. but i think now there might be nothing left to prop up. You can’t tell 30% of your working population to take a hick over a medical procedure and expect the economy not to suffer big time.
Well, duh!
I was a little worried about the markets until I saw that CNN was predicting gloom & doom.
I feel much better now.
Doesn’t a “hedge fund manager” profit when markets collapse?
Show me a market that likes rising interest rates...
Don’t worry. The Market won’t crash. It’s waiting for me to get in, then crash. But I’m not gonna.
I think there will be a strong correction this year but where else you going to put your money?
I remember all the doom and gloom after the 2009 crash. I was told it would take 15 years to get back to 12,000 or whatever the high was before the crash and it came back in a year or less
Gonna be a lot of folks underwater when the housing bubble pops.
Housing prices will go up for three years 2022-2025, then there will be a correction and a downturn in 2026, and then the prices will again go up in 2027 and then go way up. Ray Dalio: money is the tool of exchange with buying and selling. Credit allows people to buy and sell without money. Trump understood and delivered a strong economy.
It’s due for a correction. But it’ll go back up. Republicans will be back in charge next year. We will continue to attract immigrants so our population will continue to grow despite a low birth rate. Covid-19 will become endemic so we’ll learn to live with it. Unemployed will have to return to work because their benefits will be cut off.
On the eve of major inflation, people will move their money into investments which stand the best chance of keeping up.
It takes a genius to figure that one out? 🙄
To much government printing and spending money drives the markets crazy it’s in a yoyo mode now waiting to see their next move.