It goes up, it goes down. When it’s up, many people sell. Others see a rising market and buy. When it’s down, many people buy. Others panic and sell. Sure as hell, it will go up and it will go down.
They should never comment on the stock market given it’s movements are out of gov’t control.
Trump should not be quoting it, mentioning it or touting it.
Smile when it goes up...........
"I didn't lose a dime. I didn't sell anything."
Buying opportunity.
The stock shills on Wall St. are scared spitless that Main St. deplorables are getting their wages raised and that the economy is running ahead of the “experts’” projections.
As a result of the rapidly expanding economy, they are afraid the Federal Reserve will hike interest rates, and they have become addicted to very cheap borrowing over the past 8 years. They thought they could chase 30,000 on the Dow with a 1% interest rate forever.
Trump should never have touted the Stock Market being at all time highs...The Stock Market is a casino and any little thing could trigger a crash. So if the market remains in free fall, he has given his opponents fodder to attack him with.
I’m absolutely convinced this is a Democratic ‘Hit Job’ to solely to undermine the DJT’s success in the markets.
“The White House said Monday it is worried about the U.S. stock market sell-off.”
That very well measured message from the White the White House about the Stock Market Drop go a long ways to ensure confidence in the markets and absolutly prevent further sell off and panic.
It’s going to make the stock buybacks from incoming overseas money sweeter.
Agree that the white house shouldn’t ever comment or brag on the stock market.
This is why I thought the President should ease up on the stock market number as one of his many achievements. It’s so out of his control, really. He has many things he can be proud of and that Americans should know about - deregulation and lower taxes, to name two.
translation: We know what you’re up to, Mr. Soros, and we’re watching you.
What official? Where office do they work in?
Sorry, this is a not a reliable comment from an "official". News organizations have done this to themselves (have viewers/readers question un-named sources) due to shoddy journalism.
“the only place where everyone goes running OUT when there’s a sale”
According to my old mentor, at the time the oldest working stockbroker in the country (Leonard Talbot, who turned me on to Ludwig Von Mises and dollar cost averaging when I was about 15, God rest his [very wealthy] soul).
Dollar cost average into a fund that tracks the DJIA... almost impossible to lose money over any reasonable (decade plus) amount of time.
All will be well as long as we have Trump yanking strings.
Media cannot even tell the truth in two consecutive sentences. The word was CONCERNED. The lead sentence turns it to WORRIED.
Liars.
I think it’s just a correction. And corrections can be and usually are a good thing. When the Fed prints so much money, a lot of it goes into the stock market and bids up stocks. That’s not a good thing. It would be better if the money went into the economy than into the stock market. But it takes time to find ways to use newly created money in the economy at large, so it gets parked temporarily in the stock market. Eventually, the investors decide to sell, and that is when the money moves out of the stock market and into the economy at large. In the process, stock prices are bid down. Eventually, though, things stabilize, and they start to go up as new investors who are looking for an entry point instead of an exit point enter the market.
The market doesn’t like uncertainty. That’s all.
My only concern is that we haven’t yet had the reckoning over Quantitative Easing. The current exuberance is not irrational, but it’s still sitting on top of Obama’s hollow bubble.