Imminent Crash?
- Thread starter dvous11
- Start date
People always think there's going to be some sort of 1987-like one-day crash or black-swan event like COVID or the GFC--the probability is not on your side (2%)! Plus, it's an election year--going against the odds even more.
High rates, sticky inflation, recession, yadda yadda yadda, talk have absolutely rekted the bears last year and this year. Corrections like today are normal and hopefully you were able to capitalize on some discounts (but really just higher lows for those who have been sidelined). Sure, the correction should continue, but one shouldn't bank on the market of repeating last year's late summer/early fall correction.
[1]https://insights.som.yale.edu/insights/do-we-know-when-we-re-headed-for-crash
[2]https://www.nber.org/system/files/working_papers/w22143/w22143.pdf
High rates, sticky inflation, recession, yadda yadda yadda, talk have absolutely rekted the bears last year and this year. Corrections like today are normal and hopefully you were able to capitalize on some discounts (but really just higher lows for those who have been sidelined). Sure, the correction should continue, but one shouldn't bank on the market of repeating last year's late summer/early fall correction.
[1]https://insights.som.yale.edu/insights/do-we-know-when-we-re-headed-for-crash
[2]https://www.nber.org/system/files/working_papers/w22143/w22143.pdf
550 to 555 is all I see, but the previous post you made I saw July18th to now. Not arguing just trying to puzzle things together, all good.
I would certainly not use you as a trader
Buffet sold half his stock of Apple last week. Cashing in 50 billion. BA has now 180 billion in cash. He’s getting ready to buy once everything’s go down good.
I always cringe when anyone associates the market, gas price, inflation, food prices, etc… to a specific party. Especially when all such factors are worldwide. Its putting too much importance on a potus and that’s just wrong.
A broker that tries to convince you to invest via his firm citing any of those factors instead of their proven track record is to be avoided.
Yes, they are just guessing. Also, it is funny when you have people quoting Buffett all the time and then recommend the type of stocks that he would never buy.
Yes long term investors yet never Buffet had so much in cash. He has never been known for that. He’s clearly seeing something going on.
perfectly normal
correction was due, but people will just be buying at a higher low
correction was due, but people will just be buying at a higher low
This is Normal - A Wealth of Common Sense
Some thoughts on stock market corrections.
awealthofcommonsense.com
We all saw what was the idea of tax cut by Trump last time. A trillion given to the rich. A big factor to current down i think. So you may be right the potus can have a big impact
Me me me. Glad you enjoy yourself.
I give a shit when i see tents in every park.
Global markets getting trashed, global conflicts revving hard, open borders , surrendering our way of life and country to foreign invaders, everything essential and vital costs are crushing countless people. Joe`s asleep, Harris is clueless and Trudeau is a hapless moron. Wake up Canada.
Harris will be along shortly to reassure American`s their 401k`s will be unburdened by what has been.
Why don’t you give the tent people all of your savings to help them?
Bottom line, aside from lefty virtue signalling, people don’t care about things until it directly affects them negatively.
