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I'm sure when it goes back up Trump will say the same thing while taking credit.
Meanwhile he's mute.
Standard correction. Relax, rookie.dat Trump Tax Break
Market analysts warned investors about this. In the fall, Morgan Stanley predicted that enacting aggressive tax cuts risked "overheating" the economy and causing stocks to "boom then bust."
Stocks definitely boomed. The Dow ed 45% between Trump's election and its all-time high less than two weeks ago, after the tax cut was enacted.
I'm sure when it goes back up Trump will say the same thing while taking credit.
Meanwhile he's mute.
You also don't understand the correction.
Trump can take credit for the increase, but the decrease is just profit taking and shifting of stocks by large fund managers.
Ok Patty. You sound like a Patty. Is your name not Patty?
Oh neat.You also don't understand the correction.
Trump can take credit for the increase, but the decrease is just profit taking and shifting of stocks by large fund managers.
No, my name is your daddy.
Ok Patty
Was just reading that over 50% of 'Muricans don't have any stake on the stock market (own stock, 401ks, etc, and, incidentally, it's mostly the wealthy Americans that do).
So unless you're buying into trickle down, or you have a stake yourself in the game, these swings don't really affect as many people as it first seem, relatively speaking.
It does affect the economy, but mostly because what the economy produces largely ends up in the wealthiest sectors, which happen to be the ones that gamble that money away.
Does anyone know when the next standard correction will be?
Id like to sell right before it.
Thanks.
Quiet. People don't want to be accused of having more in common with the 1% than the down trodden. It doesn't fit the agenda on ST.
a 10% correction in less than one week with signs of going to 20%? hope not too many small-time investors went out there and bought on the dip as TV pundits would have suggested. rather than give out such irresponsible advice they should have been discussing the actions of quant sellers in regards to the EFT 'derivatives'. anyway, as i said a few days ago, and i'll say again, the fall will likely be external and there were signs that this will be the case when the Yuan fell and there are signs of capital flight in China now. Emerging Market economies are unstable, Europe is fragile (Italy is really fragile at the moment). Margin buying is also going to come back and bite us as will all the other bubbles that have been building over the last 8 years.
I guve US evonomy 1 year of life
Stock up on canned meat fatties
I agree.
Quiet in here
The drop was Obama’s fault, so the rise must be Obama’s fault too, right?
Quiet in here
RIP
Just the Big Casino skimming off the tops of millions of retirement plans.
Glad I took most of my $$$$ out of the market earlier this year
Niga is imploding
We're not even in correction territory. You're a terrible investor.Glad I took most of my $$$$ out of the market earlier this year
Niga is imploding
Stocks pummelled again as selling intensifies
Quiet in here
https://finance.yahoo.com/news/stock...191002486.html
It's just Soros trying to influence the midterms
meh sure. Stock Market is for lazy ppl IMO
I make cash through direct biz
Well good choice then. People who don't have the right temperament for investing in the market shouldn't do it themselves. I'm not cut out for real estate so I don't go near it.
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