General Discussion

gabeana

(3,166 posts) Thu Mar 7, 2019, 04:12 PM Mar 2019

Since the market has been down the last couple day's, is this just a normal sell off?

I know the market's have been robust since the beginning of the year.
But I don't trust our economy right now, this whole "booming" economy feels paper thin
Deficits, debt, prices up, tariff drama, companies closing stores/factories all over the country sure does not make it seem like were "booming"
not an expert on economic affairs at all, but I think overall less money in tax returns for the average American is going to hurt the economy come summer.that's just me

4 replies

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Since the market has been down the last couple day's, is this just a normal sell off? (Original Post) gabeana Mar 2019 OP

Transports are down for 10 days now. Turbineguy Mar 2019 #1

THe market top is over a year old empedocles Mar 2019 #2

Sell in May and go away might be coming a little early this year. Johonny Mar 2019 #3

I am concerned because like many my retirement is tied to the market gabeana Mar 2019 #4

Turbineguy

(37,338 posts)

1. Transports are down for 10 days now.

Reply to gabeana (Original post)

Thu Mar 7, 2019, 04:24 PM

Mar 2019

Market often follows that. I think the Markets have had enough of trump's bullshit. They know he lies. So whatever he says is meaningless. If he gets an actual trade deal with China, the Markets will react. Until then, nobody knows.

empedocles

(15,751 posts)

2. THe market top is over a year old

Reply to Turbineguy (Reply #1)

Thu Mar 7, 2019, 04:28 PM

Mar 2019

Johonny

(20,851 posts)

3. Sell in May and go away might be coming a little early this year.

Reply to gabeana (Original post)

Thu Mar 7, 2019, 04:29 PM

Mar 2019

People are jittery about the new recession, but it doesn't mean the first quarter results are going to be horrible. If they're not, you'll likely seem some more upside after this fall back.

gabeana

(3,166 posts)

4. I am concerned because like many my retirement is tied to the market

Reply to Johonny (Reply #3)

Thu Mar 7, 2019, 04:39 PM

Mar 2019

so it is concerning for my future, I have always believed not to panic when it comes to the market,
but history has told us at least in the recent history, markets don't do well under Republican admin and that is in normal times.
And we all know this ain't normal times

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