General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsStock market down
I think investors will soon realize having a childish maniac in the White House is going to be terrible for business no matter how many tax cuts for the rich he promises.
Taking a beating today.
The Bull Market has lasted for 8 full years, it simply can't continue. Trump has claimed ownership of the economy vociferously, he's going to own what happens from here on out.
JustABozoOnThisBus
(23,338 posts)BENGHAZI!!!11!
Bigly.
kcdoug1
(222 posts)its because of her emails!!!
politicat
(9,808 posts)It may be coincidence, but a lot of smallish investors use those funds for tuition. Tuition statements are often payable in August, October, January and May. Even 100,000 people each cashing out a few thousand to write those checks can can cause a noticeable drop.
PoindexterOglethorpe
(25,848 posts)Right now it's down less than 1%. That's hardly taking a beating.
The stock market goes up. It goes down. Over time it goes up more than it goes down.
We probably are due for a correction of some time, maybe 10%. But people here keep on predicting a genuine blood bath which hasn't happened yet. Trying to time the market is a fool's game.
Still In Wisconsin
(4,450 posts)a bubble. Funny how that changed to "the greatest economy ever" once Four Chins took office, innit?
B2G
(9,766 posts)eleny
(46,166 posts)Maybe they'll recover before the bell. But as I type they're all down.