that's the reaction to yesterday's close..and you're correct.
stock market, jobs, economy all plummeting under trump
- Thread starter UncleBuck
- Start date
srh88
Well-Known Member
Thanks obama
potroastV2
Well-Known Member
Dammit!
A trump chump told me that we would be great again.
So when will that happen?
Budley Doright
Well-Known Member
I for one am hoping 3 years or I’m fucked.Dammit!
A trump chump told me that we would be great again.
So when will that happen?
ttystikk
Well-Known Member
Canada questions America's sanity at the latest stupid thing this country does- then emulates it 5 years later.
Budley Doright
Well-Known Member
We’ve done a few stupid things, care to elaborate. And unfortunately my retirement plan is 90% dependant on your economy
.
UncleBuck
Well-Known Member
the market is down 5% since you made this post
UncleBuck
Well-Known Member
Budley Doright
Well-Known Member
What a fuckng moron ......... god I hope you guys get your shit together and get that MF’er out. It’s not gonna be a slam dunk from what I witnessed last week with a few of the old partners from down south. One of em had a fucking Trumpy bear
. Met up three years ago and they thought he was a dork, now they fucking love him . I spent a week drunk to excape the bullshit
UncleBuck
Well-Known Member
the market is the same now as when the tax scam was passed. But at least we have trillions in new debtDJIA PE ratio at 25 so markets appear overvalued to me at current levels so I'd expect continued volatility until interest rate increases are settled. 1Q GDP could go up to 5% if jobs lost to hurricanes in 3Q17 come back as expected. Consumer confidence remains high for now. Trump tax cuts will fuel more growth but what happens to record debt when interest rates go up? Debt level remains my #1 concern and Trump is completely un-serious about dealing with it. So I see the economic picture as a mixed bag, just hoping for the best.
Moron
dandyrandy
Well-Known Member
Trump lashes out at Fox News for new poll showing him losing to all the Democratic candidates
The president didn’t appreciate the reality check.
Fogdog
Well-Known Member
The total stock market dropped about 12% from its peak this week. How did you manage to lose 60%?
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Fogdog
Well-Known Member
I haven't lost anything because I haven't sold anything. This isn't the end of times. In five years it's just a blip. I'm not minimizing the effect it has on people who lose their jobs (and that could be me) or those who are just entering the work force but my 401k stays put until I need it. Agree that this is a disaster for people who rely on 401k for a portion of their living expenses. Just questioning selling all. A portion, sure.
doublejj
Well-Known Member
It will take years and years to re-coop the recent losses and I don't have that many years left. I rode it out in 2008 but this time I'm out. My retirement plan is now my farm....
Fogdog
Well-Known Member
In that case, you made the right choice. Next week can be worse to sell off a 401k than this one was. I would have taken a less drastic position but everybody must act according to their own tolerance of risk.
Your farm seems to be doing great. Your product is what makes it so.