Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
15 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Now would be a great time for a stock market tank (Original Post) Watchfoxheadexplodes Dec 2017 OP
not going to happen right now. Eventually though, excesses will be realized, and it won't be pretty still_one Dec 2017 #1
Why? egduj Dec 2017 #2
Considering thats my 401k, tavernier Dec 2017 #3
me too Joe941 Dec 2017 #10
I need to live on some of those savings after the Rs take my SocSec irisblue Dec 2017 #4
Not for awhile Soxfan58 Dec 2017 #5
Very short sighted snowybirdie Dec 2017 #6
Fuck that noise nt Dreamer Tatum Dec 2017 #7
Get ready for Great Depression 2.0 Dave Starsky Dec 2017 #8
This bill is designed to give it a surge mercuryblues Dec 2017 #9
Already built it IMHO uponit7771 Dec 2017 #15
It'll definitely tank at some point. Republicans just have this way with the economy. Vinca Dec 2017 #11
Look for treasury yields to go up before a big crash, right now there's little place for big money uponit7771 Dec 2017 #12
It's never a good time for the market to tank. NCTraveler Dec 2017 #13
Because??? NRaleighLiberal Dec 2017 #14

irisblue

(32,980 posts)
4. I need to live on some of those savings after the Rs take my SocSec
Tue Dec 19, 2017, 04:27 PM
Dec 2017

You wanna hurt people like me? I don't have much there, but the cats need food& litter, I need coffee& cream.

Soxfan58

(3,479 posts)
5. Not for awhile
Tue Dec 19, 2017, 04:30 PM
Dec 2017

Obama did to good of a job. But soon the tax cuts and repeal of regulations will have there usual effects.

snowybirdie

(5,229 posts)
6. Very short sighted
Tue Dec 19, 2017, 04:31 PM
Dec 2017

So many of our pensions depend on a strong market, as well as govt. funds waiting to be spent

Dave Starsky

(5,914 posts)
8. Get ready for Great Depression 2.0
Tue Dec 19, 2017, 04:35 PM
Dec 2017

A major upgrade from the last Great Depression (more entertainment options!) .

mercuryblues

(14,532 posts)
9. This bill is designed to give it a surge
Tue Dec 19, 2017, 04:49 PM
Dec 2017

Companies have already said they will use the tax breaks for dividends and to buy back stock. It will create an artificial boom. Since none of it is going to go towards pay raises for the laborers, the bubble will eventually burst with a decline of consumption of goods. People will realize that their tax break will come at a far greater cost. When you factor in all the environmental regulations trump is nixing we will see a rise in people getting cancer, asthma, and more. The gutting of ACA, CHIP, Medicare and Medicaid less people will be eligible for coverage, will eat up a years worth of tax cuts for 1 doctor visit and medication.

Vinca

(50,278 posts)
11. It'll definitely tank at some point. Republicans just have this way with the economy.
Tue Dec 19, 2017, 04:56 PM
Dec 2017

It's going to be like a great, big, giant Kansas.

uponit7771

(90,347 posts)
12. Look for treasury yields to go up before a big crash, right now there's little place for big money
Tue Dec 19, 2017, 04:58 PM
Dec 2017

... to put their funds for a decent return other than stocks.

Buffet is right,

https://www.cnbc.com/2017/10/03/billionaire-warren-buffett-says-stock-valuations-make-sense-with-interest-rates-where-they-are.html

Once the great US treasury yields start to go up big money isn't going to keep their cash into the volatile stock market.

PE ratios are going to be screwed for a while

 

NCTraveler

(30,481 posts)
13. It's never a good time for the market to tank.
Tue Dec 19, 2017, 05:00 PM
Dec 2017

Those on the bottom, not even directly invested in the market, will be hurt most.

I'm so tired of seeing shit like this. I'm so tired of people wanting to do harm to those most in need.

How about you just cheer and purposefully tank your own little market. Dream of harming yourself, not taking out others.

Latest Discussions»General Discussion»Now would be a great time...