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Anyone venture to guess what happens next week? Personally I have no idea, and don't have a huge stake in the stock market (25%) since I'm already retired and don't need the money. Just the icing on the cake. I know back in 2008 it affected many folks who were getting ready to retire.
I think people are going to go home today and read the news and freak out and next week will be a wild ride.
Anyone venture to guess what happens next week? Personally I have no idea, and don't have a huge stake in the stock market (25%) since I'm already retired and don't need the money. Just the icing on the cake. I know back in 2008 it affected many folks who were getting ready to retire.
JOLTS on Tue., Consumer Credit on Wed. along with mortgage applications, Jobless claims on Th.,
This is not even a blip on people getting ready to retire. Their retirement accounts, mainly benchmarked against the S&P (in general) are still UP 5.5% YTD!
I think people are going to go home today and read the news and freak out and next week will be a wild ride.
Why? Personally I hope it is a wild very moving market. I'll make a ton trading. But, what in the news is break out the MRE's worthy? It was a 2.5 & 2% move on BOTH the .DJI & .INX (S&P)
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