Just do not sell or you lock in your losses
Oh, it's too late to sell. Lucky for me I am not close to retirement.
$2T so far. For our lefty friends, that's approaching 10% of our annual GDP. In half a day.
You have to translate into something they can understand. It's equivalent to paying for 10 electric car charging stations or 14 Hunter Biden paintings.
Staying the course 4 now, it will bounce (^^^) when Trump is elected.
The Stock Market under Biden / Harris has been really good. The Stock Market appears to me to be WAY overvalued and we are in for at the very least a big correction. The turbulence in the middle East, jobs report being more negative than expected will most likely bring a larger correction than normal. My uneducated prediction is it drops to 35K range, perhaps more. We are due for a down turn as well, so get ready for a bumpy ride in Stock Market for next 6 months. Word is Jimmy Buffet cashed out weeks ago, when he goes back in strong it will probably stop the drop for a while. The tern recession is thrown around but certainly overall growth has already slowed but for the large Covid /Build Back Projects in the pipeline. New Commercial groundbreaking has really slowed since first of year. So many of future economic indicators are trending down for sure. No that is not good news for an incumbent regardless of party.
Jimmy Buffet sure did cash out.
The six largest tech companies on the planet are the sole reason the market cap weighted index averages are up. Why? Because super expensive housing, interest rates, food, etc don’t affect their businesses, and they don’t need debt capital. Typically when the stock market runs, the whole market rises with it. Not the case the past couple years. Never had there been a bigger disconnect between Wall St and Main St.
The day Trump took office, the Dow closed at 19,827. The day Trump left office, the Dow closed at 31,186.
I haven’t prospered under Biden.
Dow finished 2020 at 30,606.48. Now it's 38,700. We are still way ahead of Trump's economy.
Yet for some reason polling regarding the economy is at all time lows, the hindsight approval rating of Trump’s presidency is at all time highs? And he polls 20 pts ahead of Harris on the economy. Why?
After today, you can plug Biden in at position number nine, although the markets are up since Trump so it's a considerably smaller percentage.
Well, what they ignore all the money they printed to prop up the stock market. This is of course why people have to use their savings and retirement accounts to buy groceries and gas.
Also, Biden's yearly inflation rate is 5.7%, the highest since Jimmy Carters 9.9%
Yes the market went up roughly 56% during Trumps term and up 26% with Biden. Factoring in inflation really makes the numbers much worse for Biden.
The economy is not measured by the DOW. It's too easily manipulated when the Govt prints money.
What is the economy measured by? What did that measurement do during Trump's term?
If you trust the numbers that the Biden Admin puts out each month, you're being duped. Every single month, the numbers from the prior month have been revised down. This is the worst I've ever seen.
I did but most people aren't in the stock market so they still can't pay for groceries or gas.Hope you bought the dip.
Hopes KAMALA doesn’t come after any “unrealized” capital gains you made.
I saw a really interesting thing about that - a) she hasn't endorsed that policy.
