General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGawd, the markets have been crappy lately
A bear market will be an awful backdrop for the midterms for the Deplorable party. No, I am not hoping for or necessarily predicting we will be in a bear market. The markets will do what the markets will do, prognostications and wishes notwithstanding.
stonecutter357
(12,697 posts)dawg
(10,624 posts)I was invested in 2008. I remember what crappy really looks like.
And it wouldn't surprise me if we see "crappy" again before Trump's four years are up. (And then, there will be wailing and gnashing of teeth.)
DemocratSinceBirth
(99,711 posts)A correction is ten percent
A bear market is twenty percent.
How much is the S& P off its high ?
dawg
(10,624 posts)If we have a real market loss of confidence, we'll see it trading at numbers 30% below 52-week highs or worse.
IronLionZion
(45,528 posts)Treasury is borrowing and issuing more bonds to pay for his unnecessary tax cuts while the federal reserve and central banks around the world are selling off bonds they bought to stimulate economies during the recession. The fed is raising interest rates to roll back their stimulus and need to control inflation at the same time.
Every time he opens his mouth there is a sell-off because of his trade policies.
Fifty-eight percent of the money managers polled by Bank of America think the stock market has already peaked or will later this year.
Morgan Stanley chief US equity strategist Michael Wilson warned in a report on Sunday that "2018 will mark an important cyclical top" for US and global stocks, led by a "deterioration" in the credit markets.
Like other economists, Zandi questioned the timing of the tax law and spending hikes given the health of the economy.
"It's almost like you read the economic textbook and did the opposite of what it said to do," Zandi said. "It's a real experiment and in my view, it won't end up well."
Interest bearing investments like bonds and savings accounts are looking more attractive than the stock market. Don't forget baby boomers withdrawing their retirement payouts.
ooky
(8,929 posts)following the first big drop, and see sawing between correction and a little above. Doesn't seem to be any immediate move toward bear market territory though. Its possible though, just based on how long the bull market ran. People need to be thinking about this and if they are worried about a bear market occuring may want to reposition themselves more toward cash for a while. My personal feeling is that it was so overdue for a pullback and why its not holding its gains. I decided to go ahead and cash in this time, as soon as I saw the first big fall. I just didn't trust it any more and wanted to hold on to most of the nice gains I had made.
Yo_Mama_Been_Loggin
(108,192 posts)Everything he touches turns to shit.