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I like the stock market tanking right now!

off the subject, but I agree. a market correction is good. if everyone believes the market will inevitably rise, a spiraling inflation of values occurs, and a catastrophic crash occurs.

I also concur with the timing aspects you address.

[familyop]

We’ll see. The Dow was only down by a little over 79 points at the end of the day yesterday. The future is down 136 points now.

[familyop]

Real economic activity is continuing to look good.

[familyop]

Last year was good. This year is better so far. There’s quite a bit of truck traffic out there now, but I don’t have a report, yet. Can the somewhat disconnected stock markets slow an economy as easily as before? Not if there are sufficient savings out there (or safer investments added to portfolios). We’ll see. Bonds are up, which is a good sign that we didn’t see much during the Obama years.

https://www.bea.gov/data/consumer-spending/main
Bureau of Economic Analysis
Consumer Spending
October 2018:
0.6 percent
September 2018:
0.2 percent
August 2018:
0.4 percent
July 2018:
0.5 percent