The stock market is not crashing. There was a bubble. This is a correction. Have some perspective. |
+1 This happens like once every year or two and yet people don't get it. Total buying opportunity if your thought the markets were too frothy over the past quarter. |
Were you around in 1987? |
The Trumpers are just freaking out that Trumps campaign is imploding and they’re grasping at anything to try to change the narrative. |
Corrections aren’t tied to the macroeconomy. This is a dip to recession fears gripping the global economy after the very weak US jobs report last week. Bidenomics in action. |
X has labeled it the Kamala Crash 😬 |
Yes, I was. And guess what? The markets came back over time, as they always do. Betting against the US is a fools game, unless Crupto and the Russians/GOP wins out. |
Your 401k is being unburdened from what has been. |
This is good for Harris— will give her a chance to discuss the market economics which I don’t think she has touched on yet in her campaign. /s |
The market is overreacting. Most of the earnings reports are coming in strong, just not as strong as investors wanted. The jobs report last week wasn’t great, but one bad report /= the economy. Today’s ISM report came in above expectations, but that is being overshadowed by the BOJ raising rates. As someone else said, correction are not bad things when the market gets ahead of itself. |
It all comes crashing down in the morning. |
Indeed. |