Posted on 07/19/2021 5:38:05 AM PDT by Levy78
U.S. stock index futures fell aggressively on Monday on concern a rebound in Covid-19 cases would slow global economic growth. The selling in futures increased as the morning progressed with Dow Jones Industrial average futures now down about 500 points.
Stocks that would most directly benefit from a continuing swift reopening of the economy led the losses in premarket trading with shares of Royal Caribbean and United Airlines falling more than 4%. The 10-year Treasury yield fell to a new 5-month low of 1.219%, amid concerns about a possible slowing in the economy.
(Excerpt) Read more at cnbc.com ...
Xi laughs.
I think Silver paper holders are panicking and exiting. Silver price in low $25 range, perhaps dipping into high $24’s.
Good opportunity for stackers.
BTC? holding steady around $31k. Next stop... $0.
Uh no. Inflation is the real culprit. MSM lying as usual.
The media always pretends to know the reason for the stocks’ ups and downs. It’s much more complex than that, being made up of millions of individual decisions by people who have not been interviewed.
It’s to promote their agenda.
I was just about to post “It’s not Covid”... you beat me to it
It’s 1:5 %
Big deal
Nasdaq is due for a sell down too. I already did
Rd later.
How dare investors question the massive economic rebound under Biden. Or some such media nonsense.
The market bubble is about to pop and the media wants to set a narrative that unvaxed Trump supporters are to blame. More deep state propaganda.
I liquidated my only stock fund last week. 😊
Yep. Inflation nation: Biden and Kamal are to blame.
I think Silver paper holders are panicking and exiting. Silver price in low $25 range, perhaps dipping into high $24’s.
The markets are not rational, that is why I severely reduced my exposure in January. But inflation is going to eat my life savings anyway. That is the plan from dc, destroy the middle class.
I’m out of equity funds and heavy in LT treasury funds, expecting the stock bubble to pop.
Do you expect the housing market to pop as well?
Know very little about the market but watching it and wondered if a correction might happen.
Profit taking after an insane run up to record highs.
The media always pretends to know the reason for the stocks’ ups and downs. It’s much more complex than that, being made up of millions of individual decisions by people who have not been interviewed.
It’s to promote their agenda.
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100% correct!
“The markets are not rational, that is why I severely reduced my exposure in January. But inflation is going to eat my life savings anyway. That is the plan from dc, destroy the middle class.”
I have been fully invested since the early 80’s and never sold into a sell off. Over the yrs my net growth post tax is north of 9% compounded. Timing the market has never worked for anyone I know. They almost always sell to late and then wait to long to jump back in.
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