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Reply to "How long till the economy collapses?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Is today the beginning? Stocks are cratering.[/quote] It’s predominantly because of Walmart. I think the stock market will be volatile but ok for a bit. Wall Street is betting on Trump making things better. It’s going to take it a bit to realize he may break things in a not-easily-reversible fashion before he does them any favors. At the same time, the broader economy is showing signs of weakness and Walmart issuing a weak forecast reflects that. I read a month ago that Wall Street was predicting a favorable earnings season and I am not sure it’s going to turn out that way. [/quote] It's not predominantly because of Walmart.[/quote]
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