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On July 25th the S&P closed at 1978. 1978 on the 28th and 1969 on the 29th.
The next week initial 2nd Q GDP was released. The market began a decline (1930 on Juy 31) and reached an intra day low of 1904 on August 7th.
Now heeeeere we are again with that GDP number to be revised tomorrow.
The consensus is unchanged at 4.0%.
Do you think the GDP numbers are already baked into the market?
Yep, just wait for it the correction is coming so take all your money out...
...any day now...
...just keep waiting...
...it's gonna happen...
...doesn't matter how long it is it will eventually come...
...just keep waiting for it...
...it's coming, anyone who disagrees are just sheeple...
...ignore all the gains and keep your money out because it's coming...
...look at these cherry picked numbers that show it's not perfect so the correction is coming...
...any day now...
/sarcasm
This guy sounds like an old friend of my dad. The guy was convinced of the collapse in the 1970's so he's been living in the backwoods of Indiana for 40 years just farming and annoying livestock/passersby with his rants. He just got Facebook so it was interesting reading what he posted on my dads wall. Never seen anyone that depressed and angry about massive catastrophes not happening...but he was sure it was right around the corner.
I guess the guy felt it was the only way he was going to not look like a loser to everyone else if his imaginary disaster did happen and he could say he told them so.
Yep, just wait for it the correction is coming so take all your money out...
...any day now...
...just keep waiting...
...it's gonna happen...
...doesn't matter how long it is it will eventually come...
...just keep waiting for it...
...it's coming, anyone who disagrees are just sheeple...
...ignore all the gains and keep your money out because it's coming...
...look at these cherry picked numbers that show it's not perfect so the correction is coming...
...any day now...
/sarcasm
This guy sounds like an old friend of my dad. The guy was convinced of the collapse in the 1970's so he's been living in the backwoods of Indiana for 40 years just farming and annoying livestock/passersby with his rants. He just got Facebook so it was interesting reading what he posted on my dads wall. Never seen anyone that depressed and angry about massive catastrophes not happening...but he was sure it was right around the corner.
I guess the guy felt it was the only way he was going to not look like a loser to everyone else if his imaginary disaster did happen and he could say he told them so.
Sounds like one of those preppers waiting for Armageddon.
HaHaHa....I did see S&W the other day....down quite a bit...something like 12%
Other weapons manufacturers also. The fear triad in personal weaponry can only go so far and cost so much.
Guns, bullets and goals such a sure fire thing.
Sounds like one of those preppers waiting for Armageddon.
Pretty much all of the economic doomers I have ever seen are also survivalists, since once their doom comes they want to annoy people after, who have "re-branded" themselves as preppers. A group that wanted to be prepared for emergencies (which is advised) and not be associated with survivalist nuts. The saddest ones are the ones that want the world to collapse because their lives are that pathetic, and think they will be the new 1% after all the **** hits the fan.
Pretty much all of the economic doomers I have ever seen are also survivalists, since once their doom comes they want to annoy people after, who have "re-branded" themselves as preppers. A group that wanted to be prepared for emergencies (which is advised) and not be associated with survivalist nuts. The saddest ones are the ones that want the world to collapse because their lives are that pathetic, and think they will be the new 1% after all the **** hits the fan.
Yep, they're selling gold and investing in bullets.
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