Reply to Why is the stock market crashing, the dumb fed hasn't said anything

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't get the hand wringing over the stock market.  Unless you are retiring soon, this seems to me to be a golden opportunity to buy shares at a discount.  Do you really believe that the stock market is never going to rebound? [b] Biden won't be POTUS forever.[/b][/quote]

You know this doesn't have anything to do with Biden.

I'm not sure the market is 'discounted' but in general it's good to keep buying. I think the problem are for the people who stretched thin and use the market for quick influxes of cash they need and assumed it just keeps growing.[/quote]

Yes, I was being sarcastic.  I know it's not Biden's fault, but the POTUS always gets blamed.  So putting that aside,
Do people really believe that just because their 401k is down - as is mine - that the market will never bounce back?[/quote]

If I were retirement age right now, with my 401k decreasing in value combined with inflation, I would be upset.[/quote]

You’ve got to be kidding me.  They just rode an insane move up and now they should be concerned about a minor pullback?  Unless they got into GME and crypto at the top, they are fine.

You know who wasn’t fine?  The younger generation that have been disproportionately screwed by pretty much everything.  [/quote]

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