General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsleftieNanner
(15,084 posts)Nasdaq 50.
I'm so torn about the stock market. I want it to totally tank to ensure that Ass Face goes down in flames in November. But we have a few bucks invested and I would prefer that it NOT tank.
elleng
(130,895 posts)just one 'indicator.'
leftieNanner
(15,084 posts)My response was to the question about what happened to the market today.
Still Sensible
(2,870 posts)and looks like it's headed for that 20,000 figure again, the odds of the House stimulus that was just passed will rapidly stop looking DOA in the Senate... and the Marmalade Anus will be leading the charge.
mahina
(17,651 posts)So a tip of the hat to ya
leftieNanner
(15,084 posts)I used to be more polite and called him The Orange One. Not any more.
malaise
(268,980 posts)elleng
(130,895 posts)MichMan
(11,919 posts)exboyfil
(17,863 posts)bad debt (a lot of it predating the crisis). This seems to be the same conditions that led to the 2008 crisis. The only thing stopping it is the helicopter money.
I dropped my equity early in the crisis. I wish I had bought back in about five weeks ago. Of course I would be out again now.
I am scared about long term inflation. It seems the things I will need to survive are going to go up dramatically.
LanternWaste
(37,748 posts)Bulls and bears are macro-factored into the market as a whole, and have specific, quantifiable responses we'd see from any other administration.
All things being equal, a measured response to the markets tanking the past sixty days would have been administered quickly and effectively to mitigate the over-arching sense of chaos, but idiot-trump's response is to pretend an enemy where there is none, ignore the relevant factors, and whine like a delicate snowflake deny the market from correcting as it should.
Victor_c3
(3,557 posts)This could go on for quite a while yet. Therell still plenty of time for things to collapse. I think its still too early into the ongoing pandemic to know how bad things could get.