I have been noticing it more and more the last couple of weeks. The market is starting to take into account Trumps policies and the effects on the economy. Today Unemployment was announce, they discussed the government layoffs, saying this will have an effect, specifically said DC will be in a recession. Said more than that it is having a chilling affect on behaviors of government employees. They don't have data, but surveys have shown, government employees intend to save more due to concerns they could be let go.
Walmart came out today, numbers good, but said tariffs and and a more challenged consumer is going to bring their growth down this year. Personally I thought WMT was overvalued, we have a ton of the stock, but will continue to let that one ride for now. Dow is down 1% today, Nasdaq .8%
I have talked before about policy missteps and that it could put us into a recession and protentional a depression. I don't think people realize the potential missteps that could occur. As of now I am still invested, but I am definitely keeping an eye out.
Walmart came out today, numbers good, but said tariffs and and a more challenged consumer is going to bring their growth down this year. Personally I thought WMT was overvalued, we have a ton of the stock, but will continue to let that one ride for now. Dow is down 1% today, Nasdaq .8%
I have talked before about policy missteps and that it could put us into a recession and protentional a depression. I don't think people realize the potential missteps that could occur. As of now I am still invested, but I am definitely keeping an eye out.