Another party? /s
Boeing still positive..for the moment
GREATEST ECONOMY EVER!!
Doesn’t help my retirement... but stupid should hurt.
Expected result of excessive money printing, which created stock bubble & housing bubble, and 40 year record inflation.
Like every bubble in history this one is just getting pricked now. Much more pain lies ahead. No on can party for ever on credit cards.
My Magic 8 Ball says that the Fed will do or say something that leads to a flurry of articles saying that a soft landing has been achieved. All for votes in November, of course. Could happen this month, more likely next month.
Market partially recovers, Ol’ Joe crows.
Then, if Dems hold we doggy paddle. A strong R win will bolster the market.
But that’s just a magic 8 ball talking.
Not selling, adjusting. Selling one stock that won’t like higher interest rates and buying stocks that do. Only an idiot sits on such a situation without taking action.
I wonder if the FOMC really care. Personally, I think the Fed should have raised interest rates a long time ago and to much higher levels. Get over the pain quickly, otherwise we are going to have years of inflation pain.
THIS IS NO LONGER A “CORRUPT” GOVERNMENT
THE DEMOCRATS (AND RINOs) HAVE MOVED IT ON TO FULL BLOWN CRIMINAL!
VOTE DEMOCRAT!!!
This one needs TO GO VIRAL!
https://rumble.com/v1kun0v-marjorie-taylor-greene-how-democrats-and-rinos-write-and-pass-legislation.html
Too late to sell now. I’ll just hold onto what I have until 2027.
The early 1980s recession was a severe economic recession that affected much of the world between approximately the start of 1980 and early 1983. It is widely considered to have been the most severe recession since World War II. A key event leading to the recession was the 1979 energy crisis, mostly caused by the Iranian Revolution which caused a disruption to the global oil supply, which saw oil prices rising sharply in 1979 and early 1980. The sharp rise in oil prices pushed the already high rates of inflation in several major advanced countries to new double-digit highs, with countries such as the United States, Canada, West Germany, Italy, the United Kingdom and Japan tightening their monetary policies by increasing interest rates in order to control the inflation.
My 201k is fine.
Perspective:
S&P increase last 3 years 30.19%
S&P increase last 3 months 2.42%
Another 3/4 increase coming tomorrow.