Forbes: Our staff has shorted everything so sell baby, sell!!!
“...a warning signal that historically augured in double-digit falls in the S&P 500,...”
OMG,OMG A DOUBLE DIGIT FALL IN THE S&P!!!!!
BTW, a 10 point drop is a “double digit” drop and this average has had multiple “double digit drops” since the 1st of the year.
Markets go up and markets go down. It is a fact of life and unless you are invested for the long term then you have no business being in the market at all.
Forbes: Our staff has shorted everything so sell baby, sell!!!
>>Markets go up and markets go down. It is a fact of life and unless you are invested for the long term then you have no business being in the market at all.<<
Absolutely. Cannot disagree. Markets do go up and down.
Aside your comment, I’m cautioned by the actions of the “Not-so-federal” Reserve in purchasing huge sums of debt, large computerized institutional investment firms, Biden/leftist led Treasury department printing $$$, Chinese/Russian/Iranian play on reserve currency status of the green back, leftist controlled politicians printing/spending money like drunkin sailors in port for the night and the fact we’ve not seen an extended(healthy) cyclical bear correction in a decade with exception of a temporary blip in March of 2020.
Other than that, you’re absolutely correct.
What if this IS the long term?