Posted on 03/04/2021 12:30:10 PM PST by Red Badger
-12%.........................
How dare anyone question the Captain of the ship!
Damn the icebergs!! Full Screw Job Ahead!!
Is it coincidence he can tank a market quicker than Capt. Smith and the Titanic?
Sunk is Sunk. Does it matter how ya got there?
Talk about an E ticket ride. Cinch up your mask!
Thanks.
That was 2020, pre biden. Watch what happens this year.
ADJUST YOUR BUTTPLUGS, IT’S GONNA BE A BUMPY RIDE!..................
Powell can’t show he’s too much of a slave to stock and bond prices.
He’ll let a correction run a bit longer. If it gets to 20%, then he’ll act.
Besides, a 20% correction after the run up of the last 12 months would be totally normal.
Going back to checking market only on the 1st of the month, buckle up we are in for a bumpy ride these next couple of year.
We were only the #1 oil producer because oil prices were so low that the Saudis & friends decided to slow down their production. Now that the prices are going back up, we won’t be #1 anymore. Certainly not with Biden trying to do his best to hamstring domestic production.
Why not? The economic boom of 2017 ~ 2019 was credited to Obama.
You know what they say “Half the people are below average in intelligence, and average isn’t anything to brag about”.
(I’ve heard it’s more than half are below average.)
I was mostly all capital preservation in my 401k. I nibbled a little bit today at todays closing price (S&P 500 index fund).
If it drops a few more % points I may buy some more.
I could do fine trading the S&P in my 401k and Fidelity must know it too. If I make more that a few trades within a certain timeframe they suspend my ability to trade for a while.
Well, silver is manipulated by JPM, sector rotation is under way out of tech and into industrial’s, so infrastructure plays should be OK. CAT, MMM,GE, ect. I maintain my positions and just hedge using SQQQ and SPXS. They go up when the market goes down. Not perfect but close enough. I typically hedge about half the value of the portfolio. or you could just move into cash and wait. Cash is a perfectly acceptable position in these uncertain times. Some investors care way more about not losing money than they do about missing out on possible gains.
Just one opinion.
I had the luck of Irish in 2020 being 100% out of stocks in March 2020. When I saw that crash, jumped in with all my money in March & April. 75% out by end of 2020. Still hanging on to 25% longs in index funds. Not adding to longs yet, only will add to longs at 3636 level.
FED will not allow rates higher than 2% for next 4 years while Biden/Kamala are in office. FED can inject unlimited cash into the system as needed to keep interest rates down.
Don't exactly want to argue about it; but it was comments like these, on the surface, that ran me out of stocks in 2007.
Actually, the best way to weather the GFC of 2008 was probably given by Mary Hartman...sit on your hands...“everything's going to be all right and afterwards, we're all going to the House of Pancakes.”/s
His comments caused crude oil prices to explode. $3 gas is coming very soon nationwide.
Pre pay fertilizer at $184/T. Today it was $297/T
there’s going to be inflation no matter what the Fed does, and it’s already happening ...
inflation is going to be due to the fundamentals, not the financials, because energy prices are soaring and will continue to soar as a DELIBERATE consequence of the “Biden” administration push to shut down domestic energy production, ...
anything that needs to be heated, transported, farmed, grown, mined, smelted, processed, imported, retailed, synthesized or manufactured requires massive energy inputs and hence EVERYTHING consumed in daily life will necessarily increase in price regardless of how much artificial “liquidity” is pumped into the economy ...
“But now that the USA is #1 oil producer in the world by far, isn’t it a mixed bag?”
except within two years, the “biden” administration will guarantee that the USA is no longer the number one producer, but instead will be a net importer, and four years from now will likely be one of the world’s net energy importers ...
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