Donny and the Dow (Congressmen, Pelosi, March, retired)
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If the Dow does continue to slide Trump will come up with some cockamamie fantastical explanation that exonerates him and places the blame on someone else. Maybe a conspiracy amongst liberal Wall St insiders hell bent on sabotaging his presidency. In the coming days it will be interesting to see what happens if the market takes a sustained nose dive.
Oh, yeah. Former Fed board member on CNBC earlier this week said if Fed raises rates again, Trump will blame the Fed for adverse market effect. Like anyone couldn't see it coming. Liar and moron - and the entire country is ruled by the antics and hot air spewed by this fool.
Yeah, if just got into the market yesterday they will get hurt.
If they got in when the market was 16,000 and haven't taken profits several times they have a high risk tolerance and a correction isn't likely to shake them out.
Somebody has pumped capital into stocks recently to cause the rise, probably on spec that the financial industry now has pretty much a license to steal like they did under W. We may see the same results as that debacle produced in 2007.
Somebody has pumped capital into stocks recently to cause the rise, probably on spec that the financial industry now has pretty much a license to steal like they did under W. We may see the same results as that debacle produced in 2007.
Lots of jobs out there - but I sense Americans are so depressed due to Trump and Congress and talk of nukes and all the other BS......that they lose a lot of their ambition.
Just as with the market, an individual desires stability and a sane civil society. Trump threw that all out the door and started a New Backward Bizzarro World. Up is Down and Down is Up. Bad is Good and Good is Bad.
It's quite confusing for younger people. I think a lot of them will simply want to escape society.
It's quite confusing for younger people. I think a lot of them will simply want to escape society.
You might be right about that, a number of young people seem to be opting for self employment, usually under the table gigs or things like driving for Uber or doing Amazon delivery. They don't seem to see much future for themselves in the corporate world. One of our friends have a son who is a programmer and after working for a tech firm for a few years he now works from home and only does contract work and gets paid on a 1099.
I bet he won't be tweeting about that though, but let the markets soar.
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