Stock Market

[IIowaFarmBoy]

I was real heavy in tech stocks. Started selling 10 days ago moving into cds , money market, bonds and mutual fund. Wish I had 2 more weeks. My portfolio is still agressive, but Ill wait. Likely a recession recently started.

Normal cycle except the massive socialis money Trump and Biden gave us has to be worked in sometime. Not expect huge losses overall for several months.

Most people are struglling with Bush, Trump and Biden inflation alon with endless expensive wars of which Ill throw in Obama.

There is no free lunch. Cycles are normal. House money makes it worse.

 

[desihawk]

He meant they are trying to make it political. Like this.

does he think that tweet helps him? every occasional insightful tweet drowns in 1000 random shits

 

[luvmyhawks]

He meant they are trying to make it political. Like this.

Oh. That moron. God I hate politics. But the meltdown today has nothing to do with politics.

 

[sober_teacher]

Really?


Do you read any news outside of the MSM?

I saw where there was an internet “made-up” immigration crime that was supposed to have occurred in a small English village that had the locals up in arms. Bizarre fake news from the right…you know…the Party of Fear.

This what you are referring to Whiskey? Sounds a long ways from a civil war.

 

[Whiskeydeltadeltatango]

This what you are referring to Whiskey? Sounds a long ways from a civil war.

No. Not at all.

 

[joelbc1]

No. Not at all.

Well then whiskey…inform me as to what you are talking about? How is England about to go to war….and against whom? Honestly, other than tge @story@ U mentioned above, I have no idea what might ge going on in England….abd apparent either dies any other credible news source/organization.

 

[Whiskeydeltadeltatango]

Well then whiskey…inform me as to what you are talking about? How is England about to go to war….and against whom? Honestly, other than tge @story@ U mentioned above, I have no idea what might ge going on in England….abd apparent either dies any other credible news source/organization.

Find your own information you lazy fu.ck.

Joel

WDDT

 

[binsfeldcyhawk2]

The S&P 500 is down 7.5%—but if you’re worried about it, ‘you shouldn’t own stocks,’ says Warren Buffett​

https://www.cnbc.com/2024/08/05/warren-buffett-dont-worry-about-stock-market-corrections.html

 

[sober_teacher]

Find your own information you lazy fu.ck.

Joel

WDDT

You’re the one who brought it up. Aside from the recent election, I’m not aware of any turmoil over there currently beyond what Joel mentioned.

 

[joelbc1]

Find your own information you lazy fu.ck.

Joel

WDDT

I have.. and apparently the story was “fake news” that got villagers riled up.
I might be a lazy ****…. But I am not a lyin’ phuque.

 

[ThiccJimXXX]

 

[Formerly Rockymtnole]

This is so dumb.

 

[Whiskeydeltadeltatango]

I have.. and apparently the story was “fake news” that got villagers riled up.
I might be a lazy ****…. But I am not a lyin’ phuque.

Then you are not very good at research.

 

[Tom Paris]

Lots of turmoil overseas this weekend with some of the biggest drops in history. Warren Buffet selling off Apple and US Bank and buying huge amounts of t-bills.

Don't say we didn't see this coming when we have our crash.

You’ve been hoping for it. Just like Trump has. Rooting against the country.

 

[Tom Paris]

Trying to make the actions of the Bank of Japan fit your stupid Republican/Democrat way of looking at everything in the world evidences shit for brains.

Another guy hoping the economy fails.

 

[MitchLL]

Nothing on the table until September now, and that's probably a good thing...

Agree.

If the Fed held an emergency meeting...mass panic.

The correction was long, long overdue.

 

[Tom Paris]

So most of this is international issues, what does Biden/Harris supposed to actually do. Remember Trump doesn't want to get involved with any international issue. If its their issue they need to pay the bill. As to the stock market, if you have been invested for any significant range of time you have made truckloads of money. That we are in a pullback is not surprising. That generally happens when you increase interest rates to slow down the economy.

It’s pointless trying to explain anything to them. Everything negative is Biden, and now Harris’ fault. They’re simpleton thinking hacks. They want the country to fail so rapist felon can take back over.

 

[seminole97]

Another guy hoping the economy fails.

No, a guy who understands that central bank interventions foster bubbles and economic failure.

The Yen carry trade was always corrupt and unsustainable.

What remains now is which parties the central banks will decide to bail out (at the expense of the rest of society) that were caught holding the bag.

 

[noleclone2]

 

[Whiskeydeltadeltatango]

View embedded media

It's very easy for me to place my.bets based of his priorities.


Like playing pitch with a good teammate.

 

[SA_Hawk]

View embedded media

Throw in depleted oil reserves for political gain as well.

 

[Hawgk]

I ordinarily like buying the dips, but not when they come this fast. I trimmed ~15% from my personal investment account this morning. Left IRA’s and 401k’s untouched. Likely would have rode it out if not for looking to purchase another house in the next 8-10 months.

 

[SA_Hawk]

View embedded media

Always and forever but Trump.

World on fire global market crashing everywhere but yes it’s that dam Trump.

 

[noleclone2]

Always and forever but Trump.

World on fire global market crashing everywhere but yes it’s that dam Trump.

You have major reading comprehension issues.

 

[ThiccJimXXX]

This is so dumb.

 

[joelbc1]

Then you are not very good at research.

Perhaps if it was newsworthy it might have been covered by a viable news source and not buried on page 8 ….
Sorry…
Generally “news stories” of prominence are easily sourced.

 

[1inamillion]

So most of this is international issues, what does Biden/Harris supposed to actually do. Remember Trump doesn't want to get involved with any international issue. If its their issue they need to pay the bill. As to the stock market, if you have been invested for any significant range of time you have made truckloads of money. That we are in a pullback is not surprising. That generally happens when you increase interest rates to slow down the economy.

heavens, this could never be this administration causing problems. It must be international or..... trump or... congress or global warming..... or too many cattle passing gas.... lol