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Old 12-26-2018, 07:18 AM
 
20,955 posts, read 8,674,856 times
Reputation: 14050

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My wife is now asking me if our plans are in the...crapper...so to speak.

You know what I tell her? Trump is so bad that even if we convert to cash it's not going to help. Trump already said that he might get rid of our debt by converting (re-value) our currency! So our $100 bills may be traded in for 20's

There comes a time when there are few options left. Greed has consumed us. Bonfire of the Vanities.

Of course I, unlike many Trump supporters, wish us stability and good times. But I can't make it do. If Deplorables are hell bent on creating chaos and destroying our society and country I sure can't stop them - especially when they've owned all the branches of government.

 
Old 12-26-2018, 07:34 AM
 
20,955 posts, read 8,674,856 times
Reputation: 14050
Amazon saves the day for today....until Trump says something stupid
(retail sales boomed...then again, this was before the crash. If the crash had happened in Sept. I don't think we would see this)....

Nothing to celebrate but if Trump gets out of the way at least we can stay above 20K.
 
Old 12-26-2018, 07:36 AM
 
Location: alexandria, VA
16,352 posts, read 8,095,474 times
Reputation: 9726
There IS going to be a freefall. Top analyst I've followed for ten years who called the 2008 crash said a week ago the selling would continue, with maybe a short relief rally here and there, but, in the end, the market would be "murdered" in January. This analyst is not given to hyperbole - so when he said "murdered" it got my attention.

Y'all think Trump is not a problem??....I have a bridge to nowhere you really must buy.[/quote]
Dead cat bounce. Hopefully the Trumpies will think it's a turnaround and pile into the markets only to get wiped out when the bear market continues.
 
Old 12-26-2018, 08:01 AM
 
Location: Florida
76,971 posts, read 47,629,107 times
Reputation: 14806
Quote:
Originally Posted by Mikala43 View Post
I agree that the markets are seeming to turn. We want to sell, move and buy in about a year so have been keeping an eye on the 2 markets.
That is what I am also trying to do, and will have to lower the price significantly. 3 months ago, it would have sold quickly at this price, but not anymore.
 
Old 12-26-2018, 08:18 AM
 
22,923 posts, read 15,489,598 times
Reputation: 16962
I'm flabbergasted to be immersed among Americans and once again listening to them describe the damage they've sustained to their retirement.

It's all so reminiscent of the 2008 debacle and all so danged unnecessary when considering the economy was humming along so solidly if just left alone without one stupid decision after another coming along to bludgeon the heck out of it.

Looking at it as an observer, one would almost think that were there a sure-fire plan to destroy a steadily plodding along herd of rhino's, it would resemble what's been done over the last year to this economy......throwing one grenade after another in their/it's path until they/it eventually get the message to turn around and go back into whatever crater they came out of.

I hate watching friends selling houses and making decisions based upon the uncertainty they feel is coming just like the last time. We stopped wintering in Arizona during that last huge dump and thought we'd left all of the carnage behind us only to see the same thing brewing now again after establishing a decades worth of friends here in Florida.

The fact none of this was driven by uncontrollable "world events" but rather by nothing more than "whimsical madness" is the worst part to try to understand.

Last edited by BruSan; 12-26-2018 at 08:26 AM..
 
Old 12-26-2018, 08:26 AM
 
871 posts, read 1,088,757 times
Reputation: 1900
Going back to Reagan, Trump has 2nd WORST stock market performance at this point in his presidency.

https://www.macrotrends.net/2481/sto...e-by-president
 
Old 12-26-2018, 08:47 AM
 
Location: Middle of the valley
48,526 posts, read 34,851,331 times
Reputation: 73759
And back into the red.

Then green.... I would be content with a net 0 the end of the day.
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Old 12-26-2018, 09:09 AM
 
Location: alexandria, VA
16,352 posts, read 8,095,474 times
Reputation: 9726
Quote:
Originally Posted by Mikala43 View Post
And back into the red.

Then green.... I would be content with a net 0 the end of the day.
I would be content with net 0 until Trump is gone.
 
Old 12-26-2018, 09:48 AM
 
9,470 posts, read 9,373,019 times
Reputation: 8178
Sad, but true.
 
Old 12-26-2018, 10:34 AM
 
11,404 posts, read 4,085,616 times
Reputation: 7852
After 8 straight weeks of losses and a 10,000 point drop, the DOW is up nearly 300 points today.

Where is the OP PHMA to tell us how great Trump is on the economy!?
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