Worst stock market since 2008

[Anonymous]

Wow, what a day. Complete bloodbath, and it now makes it the worst stock market since 2008. Despite what you may think about the markets, people vote with their pocketbooks and unfortunately Dems are in office right now. There are many, many boomers near retirement phase where they are seeing their retirement savings shrink by the day. Pensions, states, schools,....the list goes on of people and entities who are losing trillions in wealth. This does not bode well for the Democrats in Nov., and the pounding only looks like it is getting started. The Fed hasn't even started to hike rates all that much yet, and hasn't even started reducing its balancesheet, which will be a giant 1-2 knockout combo for the markets. Inflation is running red hot for both consumers and producers, so there is no way out of what is increasingly looking like a hard landing.
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[Anonymous]

You meant a recession. “Hard landing” pffft

[Anonymous]

Oh boo hoo. The stock market's on a decades-long march, making the rich richer, and we're supposed to cry about a few dips.

[Anonymous]

Anonymous wrote:Oh boo hoo. The stock market's on a decades-long march, making the rich richer, and we're supposed to cry about a few dips.

Huh? Hundreds of millions of middle class Americans, many of whom are near retirement, have their 401ks, IRAs, 403bs, etc. in the market..States fund social programs with investments in the market. Schools invest in the market which impacts scholarships. Pension plans for government workers invest in the market.

It's amazing how Democrats think only rich people invest in stocks. It affects the entire economy.

[Anonymous]

It is DeSantis and the republicans fault. Disney and that whole sector took a big hit after DeSantis attack on businesses.

[Anonymous]

Hang on to your hats, WWIII is only just beginning, and it's going to be a wild ride.

[Anonymous]

Anonymous wrote:It is DeSantis and the republicans fault. Disney and that whole sector took a big hit after DeSantis attack on businesses.

Stock market has been tanking since Nov. 2021. Long before DeSantis' antics.

[Anonymous]

It will bounce back.

[Anonymous]

Anonymous wrote:It will bounce back.

It always does, but the timing is crucial. When corporations and individuals need their money sooner, they're toast.

[Anonymous]

Nothing to see here...

[Anonymous]

Anonymous wrote:

Anonymous wrote:It will bounce back.

It always does, but the timing is crucial. When corporations and individuals need their money sooner, they're toast.

It's in the same place it was in March 2021 which at the time was a record high. The idea that people are suffering massive losses just isn't true.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It will bounce back.

It always does, but the timing is crucial. When corporations and individuals need their money sooner, they're toast.

It's in the same place it was in March 2021 which at the time was a record high. The idea that people are suffering massive losses just isn't true.

Dumb. That's like saying no one ever loses money in the market because it always goes up. No one ever lost money during 2008, just look how high the market was in 2019!

[Anonymous]

I was smiling watching it free-fall today. Hope it drops 2,000 more on Monday. 5,000-7,000 for the week.


The lower the better.

[Anonymous]

But at least we don't have to wear masks.

[Anonymous]

Anonymous wrote:I was smiling watching it free-fall today. Hope it drops 2,000 more on Monday. 5,000-7,000 for the week.


The lower the better.

Time to buy!