Posted on 01/24/2022 8:01:00 AM PST by lasereye
> Reports say Biden is mulling troop deployment near the Ukraine border... <
No. Biden’s handlers are mulling troop deployment near the Ukraine border. Biden himself is mulling what to have for desert today.
It would be funny...except that his handlers get literally everything wrong.
Lots of buying opportunities. I don’t know if this is a good strategy, but I’m waiting for the market to settle a bit. It’s been a downward ride for the past 2 weeks.
Either way, Biden owns this disaster too!
The market and the economy will be in a consistent slide until 2024. Good times are over.
There are buying opportunities since as the article notes, profits are actually up, and we are still not out of the covid slump, so there is still upside in the future.
But panic selling is what’s the name of the game today, and it won’t calm down until Mr. Omnipotence Powell has his little meeting Wednesday.
He should be a happy camper right about now, his earlier meeting pretty much tanked the market and may set it on a path for a world recession/depression. Boy, that oughta be good for the value of the dollar! Yessirree, them law school boys really know their economics!
“Either way, Biden owns this disaster too!”
Which really doesn’t matter, because he ‘thinks’ he’s doing just fine, and he’ll be dead before the History Books whitewash his ‘presidency.’
We The People are left holding the (empty) bag, once again.
Thanks, Socialist Democrats! *SPIT*
The easy trade in the market today is to short the Russia ETF, ERUS.
The Russian RTS Index was down 8.1% today and around 19% lower so far in 2022 and down 27% since Putin started threatening Ukraine late 2021.
#Bidenscrash
UPDATE 1-Halliburton profit rises as higher crude prices boost drilling demand
The second year of Biden’s RESIDENCY in the White House is not looking good.
As the saying goes: “The chickens are coming home to roost.”
The stock market has been pumped up with ‘stimulus money’ for two years and fundamentals for the companies are not stellar.
This stock market downturn could become very nasty.
And if he should tell his staff or Jill he crapped his pants again
Joe knows nether want to hear about it
Dow is currently down 1048 points (3.06%). Nasdaq down 602 points (4.36%). S&P down 168 points (3.82%).
aside from a few directly=involved stocks, Wall Street is not concerned when or if Russia does whatever in Ukraine
the larger problem from an investment POV is the larger problem of an illegitimate, corrupt, and incompetent WashDC administration that keeps messing around with the business, the economy, and jobs
I agree, lots of buying opportunities. However, we haven't seen the bottom of this correction. It will probably sink more, maybe a 20 percent dip, and it could last for several months. I pulled some money out of stocks into a cash position, and will buy the opportunities when things bottom out. The fear is, that the market could be down for a couple years while Biden is in office, hello recession where everything is worse.
And now in positive territory. Like clockwork whenever one of these threads are started on FR.
The thing is, where else are people going to put their money? The Stock Market is the only game in town.
And they keep propping up Biden’s economy.
Should have bought calls on Carvana yesterday.
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