Reply to How worried are you about the stock market, and what are you doing about it?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I moved 1/4 of my portfolio both Ira and taxable into gold ETFs and mutual funds last month. There will be a crash soon. Better to be prepared to sell the gold and buy stocks when they’re cheaper. The market always goes back up. But yea, this crash is coming. Think about it. Why are we cutting rates? How is employment? Inflation? The dollar? Cost of goods? THINK. Don’t listen to the calmness of the crowd here.[/quote]

Rates are being cut because the economy is slowing.  The cuts likely will stimulate growth and cut corporate expenses in a very meaningful way which will increase corporate profits which will fuel the stock market, spur investment which will create jobs and cause the economy to grow.

It may not work but it likely will. Gold is very overpriced.  If you were worried I would move to cash.

A crash is not likely.  A correction is overdue but likely will not come in the next six months.  [/quote]

I disagree. I see global instability. I see layoffs happening and dollar devaluation. I also see funny numbers that are constantly being revised down. You can’t just throw tariffs around like Calvin Coolidge and expecting all to be hunky dory. History is not your friend. Stuff just coats more these days. I hope you’re right that rate cuts will do what you say, but they won’t. They’ll only devalue the dollar and further lead a flight into safety assets like gold, consumer staples and real estate. Bitcoin maybe, but even then it’s still heavily correlated with the stock market and is considered by most still a highly speculative investment. If a crash happens my guess is Bitcoin and ETH go with it mostly. That’s not to say Bitcoin won’t be worth $1m in like 15 years.

Anyway, I don’t share your rosy outlook. We have tried to bring manufacturing by throwing tariffs all around? All we’re doing is creating alternate trade routes. AI is also taking jobs. We are going to have a recession. How bad is the question.[/quote]

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