Stock Market looking at a dark day

The Times: The sky is falling because Orange Man Bad!

Trump: I wouldn't worry about it.

 

Here? Where? Working in American companies?

 

If you weren't smart enough to be out when it was obvious the bush housing bubble was going to crash, that is on you.

 

Yes, working for American companies.

The companies can also be hacked from China.

 

There's probably nobody in the market that has all of their eggs in just one basket. The reward could be high but the risk is higher.

 

Down a quarter of 1 per cent. I thought today was supposed to be a serious market move.

 

Driving Ms. Feinstein.

 

A definition of premature ejaculation describes this thread well.
Dow -65, the world is ending!

 

You're rejoicing because the DJI is at the same level as 15 months ago?

 

https://thehill.com/policy/internat...tariffs-china-needs-us-more-than-we-need-them

 

delete

 

My god, you use the word genius then state that the index has doubled!

 

Bush predicted it would crash and the smart money got out in time. After that it was a buying opportunity.

That's a good analogy for the stock market.

 

With AR's proudly made in the USA.

 

Great! Time to buy stocks.

 

Obama's great recession? LOL!

In any case, I am 54 years old, which is hardly young. If you lost "everything" under Obama (you REALLY mean GWB), then you must have gambled in penny stocks or invested with leverage. If, on the other hand, you would have had a 50/50 portfolio, something more suitable for older folks, you would have "lost" only 16% in 2008. You would have made up that "loss" in the stock portion of your portfolio already in 2012.

Second, this post and others in this thread really makes you despair regarding the financial knowledge of people, who then make herd decisions on gut feelings and political ideology, affecting the markets by sheer numbers of people buying and selling. One on here seriously claims that the stock market doubled under Trump. You can't make this stuff up.

 

Wow what a plunge what was that like about a .001 drop from the increase since November of 2016?
And why do you think anyone made any money in CDs in the last 10 years. CDs have not even kept up with inflation. I suggest you refrain on commenting on topics you apparently have little knowledge of.

Damm, I am retired now and still don't have more than 20% of my money in money markets, never mind CDs

 

I'm smart enough to have a good broker. It was hyperbole to your "Obama era" tripling. It had nothing to with Obama especially his policies any more than the "bush housing bubble".

 

For a Senator until they caught him. You don't believe there are Chinese spies here?

 

Yep. But had the Democrat Congress taken proper actions starting a year before the recession began.......

 

I don't own individual stocks but only mutual funds, I did dis-invest my the 20% of my overseas market and put it into a s&p non managed index when he got elected. An 11% gain over the previous holding.

 

Giving loans by government decree, for any purpose, to people who will not be able to pay back the loans is bad, bad, bad for the entire country. It is, in fact, lunacy.

This is why good parents teach their children to struggle for achievement all through school and even the day they enter the work force and after ----

So they can qualify for the good things in life, while the lazy and lackadaisical underachievers can't get the good things --- because they do not deserve the good things in life.

And that is perfect justice in perfect conformance to nature.

 

Bush was a terrible president, but he did not create the "housing bubble".

“Under [James Arthur] Johnson, Fannie Mae led the way in encouraging loose lending practices among the Banks whose loans the company bought. A Pied Piper of the financial sector, Johnson led both the private and public sectors down a path that led directly to the credit crisis of 2008. It took more than a decade to assemble the machinery needed to create the housing mania. But it took only a year or two for the juggernaut to collapse in the heap, destroying millions of jobs and retirement accounts, and devastating borrowers. After years of crisis coverage in the media, multiple government investigations, and numerous books on the topic, Johnson's role in the mortgage maelstrom has escaped scrutiny. Remarkably, his reputation as a mover and shaker in both business and government remains largely intact, even after the September 2008 taxpayer takeover of an insolvent Fannie Mae, at a cost of hundreds of billions of dollars. ”RECKLESS ENDANGERMENT, by Gretchen Morgenson and Joshua Rosner, Times Books 2011, p. 10-11.

We must not have had any grand juries in 2008.

 

You can do better than that.

 

I think Kushner is just recognizing that his erection is touching the first lady.....

Yesterday wasn't so bad, but it's always the 2nd day...

Damn the 2nd day...