That’s it, taking everything out. /s
Free Traitors tell me all the time Smoot-Hawley Act caused the Great Depression. Since we have basically zero import duty now we should all be safe./sarc
I hope he isn’t right but I am aware that some folks have his opinion.
Gee Carl...just STFU !
So is he putting all his money is bonds?
Oh geeze, I think I’ll cash out and put all my money under my mattress.
The NAFTA sell-off is underway. Relax. No big deal. The “NAFTA Reality Correction” is approximately 5 to 7%. Multinationals hold greatest exposure. Everything is temporary.
Twists and turns as Wall Street paper economy shifts toward ultimate equilibrium with Main Street real economy. Real company P&L results (MAGA) will eventually replace speculative stock valuations. Volatility is the norm while navigating the space between.
Not much to say, the land of Free Money has put the nations wealth in to the Casino by default instead of a savings account. WHat could possibly go wrong??
> A major storm is coming, could be 5 years, could be 5 months. <
Well, okay Carl. That was helpful.
The old buy high and sell low strategy.
If you own the stock outright, it’s just a matter of time until it recovers. Folks who buy on margin might want to sweat a little.
The media is playing up the recent volatility in the hope that it will cause a crash that will destroy Trump and the GOP.
I think this is a correction. May or may not have more to come. I suspect the market will go sideways for the next year or so. But you can still make money on individual stocks, and on dividends.
All Jerome Powell has to do is come out and say that economic growth does not cause inflation. Money for nothing does. The more people move from welfare to work, the less inflationary pressures we will have.
What is the advice from Duke and Duke?
Dow up 567. There was no crash. Maybe that’s all they’ve got. Vote Republican for congress. ;-)
Says one of the most feared men on the street.
Makes one wonder if he isnt saying that to drive it down so he can cash in.
Let me help, as he left out a few possibilities, but surely meant to include: 5 minutes, 5 centuries, 5 nanoseconds, 5 fortnights.
With consumer spending and business activity having been up through the usually hard time of the year, the markets should stabilize. We’ll see.
What goes up, must come down.
Ebb and tide.
No doubt the markets are over valued by traditional fundamental market valuation methods. If people get behind Trump and push for strong economic growth then we may outgrow our problems or at least keep pace.
If not, well, then it sucks to be us.
One thing for sure, when you hear people starting to say, "Yeah, but it's different this time", it's just about time to head for the bunker.
I believe there are market variables which are coinciding that we’ve never seen before:
Algorithm driven trading,
True value in the underlying equities,
Growing economy to include employment and salary,
A tax incentivized economy,
Low interest rates,
A Fed and major investors who hate to see this level of growth and success under Trump.