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The increasing interest rates are part of it but it has been expected for at least 6 months. Stock lower but not precipitously as investments rotate.
There are no underlying business profitability concerns to explain this. IMHO the precipitous drop is due to shareholders selling on dismay at the (unpredictive) behavior of Trump and as they sold automatic sell orders amplified the direction of the market. Stock markets do not like uncertainty.
The increasing interest rates are part of it but it has been expected for at least 6 months. Stock lower but not precipitously as investments rotate.
There are no underlying business profitability concerns to explain this. IMHO the precipitous drop is due to shareholders selling on dismay at the (unpredictive) behavior of Trump and as they sold automatic sell orders amplified the direction of the market. Stock markets do not like uncertainty.
6 months ago hedge funds started getting out of the market. Some smaller one's sold off and closed shop.
True, all that. Market is up 20% since Trump was elected and down 23% since the Dems took the house.
It'll get worse as Crazy Maxine tries to hammer down on those who are making money. The tariffs and other actions taken by Trump are necessary, I think.
I don't really see a crash coming - not one like '07/08. Companies are still making money, and that wasn't true when real estate crashed. When real estate crashed, people who had leveraged themselves out on a limb simply walked away. And that hurt.
BOL!
You just keep on telling yourself and one day you might actually believe it
We, our children and grandchildren will be paying off the debt of the tax cut to the rich that was supposed to push the economy into the stratosphere. One year after passage the markets are in shambles and trillions of dollars of wealth and retirement savings have been wiped out. When will people learn? GOP policies = bad economy. Toss in a fool for president and you get what we got.
I'm sure the massive weight of tens of trillions of dollars worth in debt that will never be repaid has nothing to do with the stock market's recent behavior.
Unless you diddle with it, and provided you are young enough, history suggests your 401K will recover.
If curious, research the crashes of 1987, 2000, and 2008.
It also depends on how soon they plan to use it. Someone in five years may see some gains come back but if you are 10 years, we might see a similar boat due to typical market trends.
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