Dow 30 - down 2.77%
S&P 500 - down 3.63%
NASDAQ - down 4.17%
Russell 2000 - down 2.81%
Inflation we have. Recession has started. Unemployment is next.
Elections have consequences. Stolen elections have catastrophic consequences.
Abuse a Democrat today.
Stocks started falling when the FED chairman said in early Dec 2021 that he wanted 4 interest rate hikes in 2022.
Other FED regions have talked about as many as 11 rate hikes.
Many stocks I watch have dropped 1/3 to 1/2
Find your neighbor who voted for plugs and crap on his lawn.
You will feel like getting that small bit of relief for at least the next three years because the market is going nowhere. That is what I figured on at the start of this year.
I’m retired and squared things in early January to not sell a thing for a long time. Other than rebalancing I’m not figuring to do much at all for the next few years. I’ll keep the farm and plan to wait for a better season.
Our dividends from solid companies will still dividend through it all and probably grow some to match inflation.
Best financial advice I've heard in a while.
Wait...do we wait for the DemonRat to quit abusing "they-self" first?.