The market is crashing?
“The market is crashing?”
Yes, through the ceiling. One wonders whether people like Stockman use this kind of rhetoric to make money on stocks they’ve shorted.
They plan on crashing it to help get rid of Trump. Time is now to very publicly, in every way, tell them we know what they plan to do. Expose them now, so when and if they do plan this trick, the blame falls on deep state where it belongs.
They want civil war? They sure are asking for it.
The market is crashing?
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Stockman has been repeatedly predicting a crash for many years now. You would think he might, by now, admit to being more than a little off on his predictions.
That said, when a correction does come along (for whatever reason) it will be a significant one and it wouldn’t take much to trigger a sell off. Market valuations right now are quite high across the board. A correction is about 10%; a crash is a decline of 20%, or more. Something in between would be a drop of over 3,000 points on the DOW.
Its been a long bull run and every one of them has had a correction over the past 40 years. Just saying.
No...but it probably is going to crash...and crash hard. The GOPe and the dems are going to see to it. There is a debt ceiling to be dealt with this fall and there is the budget...with the wall. Both of which come at the same time and the threats of government shut-downs.
For all the excitement here NOW about how high the stock-market is...I am surprised that all the wisdom that was displayed here in the past about how the stock market is on a BUBBLE...built on phony money has gone out the window. Seems the wisdom of so many FReepers is only available during times when they are the opposition party.
So, yes, the stock market is going to crash. The fundamentals do not support it being this high...they didn't when Obama was president (which Freepers understood) and they don't now (which Freepers have suddenly forgotten).
Stockman is like the guys at Zero Hedge. They have predicted 20 of the last 3 crashes.
Left fascists have turned to totalitarianism wet dreams for their fulfillment since reality offers no stimuli.