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maybe your markets are , mine arent. teck etf(XLK) is up 8.5% ytd and consumer discretionary(XLY) is up 6.7% but Im sure you already knew this because you pay attention to all markets instead of just trying to spread negativity, right?
Malaysia was down 3% yesterday alone, is that what you are in?
buy puts if you are scared, its called risk mitigation.
Year to date on XLK is 2.62% and XLY is 5.39%. Pretty poor performance compared to prior years.
Even if for some insane reason your 401k consists of just these 2 stocks, returns have taken a significant hit.
Can't say as I care much, but the NeverTrumpers have evidently discovered they are oh-so-interested in national GDP. So they must have been alarmed and outraged when they saw growth go to 1.2% in Q1, 2017. And frightened witless when it went to -1.0% in Q1, 2016
Nope, we are simply correcting all the bragging your side would do every time the numbers took the slightest bump upward. You will learn that these things fluctuate up and down all the time, and it really doesn't mean a whole lot.
Can't say as I care much, but the NeverTrumpers have evidently discovered they are oh-so-interested in national GDP. So they must have been alarmed and outraged when they saw growth go to 1.2% in Q1, 2017. And frightened witless when it went to -1.0% in Q1, 2016
They knew it would dig the nation deeper and deeper into dept. But they wanted to give corporations permanent tax cuts, even knowing this could bankrupt the country. What did the GOP do - they made up a story about expecting huge growth and they said this huge growth would make up for the tax cut. They knew it wasn't true. This is why some of them are retiring. The US debt is getting deeper and deeper and they will be retired and won't have to deal with it.
Trickle-down never works yet for some reason most people think it does.
Trickle-down never works yet for some reason most people think it does.
Incorrect, free market capitalism is not perfect but it's the best system in the world. With a much more free market system than we have now during the industrial revolution 80% of US citizens lived in the middle class. Government central planning on large scales ALWAYS fails. It causes resource misallocation, bubbles, corruption, and ultimately capital flight and poverty. Look at China you have government built mile long malls that dont have a store in them while the cash only corner store across the street has a line out the door. Look at Venezuela you have rampant poverty and corruption people fleeing because of how poorly the government mismanaged the money. The idea that poor people would be better off if rich people are less rich is a failed idea. It doesn't work, the rich people just move to protect their assets. They start lobbying more, they buy off politicians, they move their capital offshore, they don't invest as much. The name of the game is creating an environment where rich people are willing to risk their capital here in the US.
That was the Atlanta Federal Reserve Bank that made that overly optimistic claim.
As I've been saying for the past 10 years, it's unlikely an advanced 4th Level Economy can generate sustained GDP growth in excess of 3.0%.
So, 3.0% is stellar. Anything better than 2.0% is above average.
You consume a lot, but you don't really produce anything.
Healthcare, Starsuxs, dog-grooming, personal trainers, Hulu/Sling...none of those things adds anything to the economy.
Quote:
Originally Posted by notnamed
Yeah my 401k is negative for the year to date as well. Went from 20+% year to date gains to -0.22%. Thanks Trump.
It's Trump's fault you picked the wrong stocks?
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, mine arent. teck etf(XLK) is up 8.5% ytd and consumer discretionary(XLY) is up 6.7% but Im sure you already knew this because you pay attention to all markets instead of just trying to spread negativity, right? 
