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LOL. Biden inheriting a strong economy. I thought you idiots pretending America was in the midst of a near depression in January 2017 was bad enough. God. The ****ing DELUSION.
Inherited a strong economy with 3 vaccines, a stable geopolitical situation with Ukraine/Russia, a Middle East peace deal with Arabs and Jews, Iran suppressed, China in check....
You're joking right? There are a lot of warning signs that we are headed into a recession.
UE still at 3.6 with another 400K+ jobs in April.
Just as when Trump brought us to 14% UE while the market was going nuts due to no where else to put oyur money. The Market falling is a bubble issue as interest rates rise. Those interest rates not high enough to damage the overall economy
The Stock and cryto markets have become online casinos.
If you want to protect, look for dividend stocks. Companies which make a profit.
Just as when Trump brought us to 14% UE while the market was going nuts due to no where else to put oyur money. The Market falling is a bubble issue as interest rates rise. Those interest rates not high enough to damage the overall economy
The Stock and cryto markets have become online casinos.
If you want to protect, look for dividend stocks. Companies which make a profit.
Glad you miss the orange man as much as the rest of us and haven't forgotten about him Don't worry, he'll be back soon enough
It's about time the Dow comes down where it belongs: down to 20,000!
1000 points a tumble?????????????????????
If we look at historic Schiller P/E and CAPE ratios, that number would be much lower.
However, we cannot view those ratios in isolation, but in reference to interest rates, inflation, and QE levels.
Stock market predictions are a fool's game. All we can say for sure is that the markets face SIGNIFICANT HEAD WINDS. As we know, even sailing ships can sail into head winds, it is just a lot tougher. With higher interest rates, high inflation, falling GDP, cessation of QE, and an economy with a contracting GDP, one would think the trend would be lower.
I read a bio of Alan Greenspan and he deems the stock market fickle.
He was puzzled as to why the market crashed in October 1987 and puzzled why the market kept going up during the Clinton years.
His conclusion: Fickle!
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Don't worry, he'll be back soon enough 
