Imo we are 90 days or less out. Stocks have too much competition from Treasurys. Job numbers and inflation will keep the Fed chasing their tail. Let me guess everyone is going to ride it out? S&P has returned 0% in past 24 months. A 10% drop we are back to 2020 levels. |
You're right. We should all dump our stocks and buy gold. |
Anything can happen. But the economy is really strong. Fed moves unlikely to hamper but could slow. So recession really unlikely now until 2025. Market will go up and down but any down or up will be short lived in 2023. 2024 I see as the boom before the crash. |
If it's going to crash, then it's going to be because the Republicans allow the U.S. to default on the debt limit. |
THis. |
Why would they want US to default? I’d me more worried about escalating tensions with Russia and China. |
Because they've committed to debt ceiling brinksmanship from the extremist end of their party (just look at what happened with the Speaker vote), even though it's debt that has already been incurred as a result of previous spending decisions made over many, many years. If the economy tanks (which is highly likely), then they'll try to blame the current administration for it. Read up on the two Santas theory. |
A crappy stock market is going to usher in a second Trump term. He's going to blame Biden and exploit this for all it's worth. |
I don’t quite understand the politics of it but your view seems pretty biased. Republicans are considering a way that ensures US debt obligations and things like social security and Medicare are paid. Not sure what doesn’t get paid in their plan but it is hard to argue that US debt is unsustainable and something needs to be done about it. |
That’s the other reason the House Republicans want to crash the economy. |
It’s hard to argue that Republicans are concerned about the debt when they always vote for clean debt ceiling increases when a Republican is President. |
Trump has no chance against a democratic candidate who is less than 100 years old, stock market crash or not. |
Sometimes I wonder the point of this forum. It’s a lot of deep blue comments and turning everything political. Why does everything have to be political with you guys?? Can’t someone post a question without a democrat or republican comment? So sad. Grow up everyone |
LOL ! |
Republicans are the ones who opened up the SS lockbox to pay for unrelated spending. You say you don’t understand the politics so maybe you should read up a little before forming an opinion. |