Anonymous
Post 09/21/2022 08:11     Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote: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? Biden won't be POTUS forever.


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.


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?



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


Im very worried about my in-laws. They are trying their best to live in SS and ride this out and not touch investments.
Anonymous
Post 09/21/2022 08:08     Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Anonymous wrote:
Anonymous wrote:
Anonymous wrote: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? Biden won't be POTUS forever.


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.


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?


If I were retirement age right now, with my 401k decreasing in value combined with inflation, I would be upset.
Anonymous
Post 09/21/2022 08:03     Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Anonymous wrote:Inevitable results of destroying the energy sector.


Change is inevitable and sometimes painful.
Anonymous
Post 09/21/2022 07:56     Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Anonymous wrote:Nothing has changed. Why is it crashing?


The impending rate hike, duh. I hear it'll be 75 bp
Anonymous
Post 09/21/2022 07:54     Subject: Why is the stock market crashing, the dumb fed hasn't said anything
It's called quantitative tightening

You are going to see a lot of volatility going forward when it doesn't look like there's any news. Trillions of dollars are about to be destroyed.
Anonymous
Post 09/21/2022 07:42     Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Anonymous wrote:
Anonymous wrote:
Anonymous wrote: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? Biden won't be POTUS forever.


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.


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?


It could be a long wait before the market “bounces back.”

Look at the 2000-2010 period for a decade of lost returns.
Anonymous
Post 09/21/2022 07:33     Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Anonymous wrote:
Anonymous wrote: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? Biden won't be POTUS forever.


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.


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?
Anonymous
Post 09/20/2022 20:52     Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Anonymous wrote: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? Biden won't be POTUS forever.


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.
Anonymous
Post 09/20/2022 20:35     Subject: Why is the stock market crashing, the dumb fed hasn't said anything
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? Biden won't be POTUS forever.
Anonymous
Post 09/20/2022 20:34     Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Anonymous wrote:
Anonymous wrote:Screw this scam, Biden better stop the fed from raising rates or hell lose the midterms and re election.

Everyone is suffering the fed is clueless they've raised too far already fire the fed they hurt genz and millennials to protect boomers


How are they protecting boomers? Rates raising lowers the stock market. The goal of the Fed now is the lower the stock market, but not too fast or too much. If they mess it up by lowering the market too much or too fast, the Fed will start QE again (print money) to take us to all time highs.

Boomers are largely retired and on fixed incomes. Inflation is worst for them.
Anonymous
Post 09/20/2022 19:57     Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Anonymous wrote:
Anonymous wrote:The problem is that while supply is getting better, it is still not solved. Plus, it is still taking more money to get people to work, there for businesses are still passing higher costs on to the consumer.

We have a problem of rising rates and still rising inflation due to at least both of those issues.

The Fed have gotten themselves into a bind since they kept easing when they should have stopped stimulus and started raising much earlier.


True. Remember "Inflation is transitory" from last year Fed speak. Ha ha. The Fed looks like fools. They can't keep looking like fools, so they need to act tough for a few months.

There is sticky service related inflation right now. Raised wages, so then the companies pass this cost on to consumers. Consumers pay more for services.


Yes, exactly. I am a big follower of Mohamed A. El-Erian. He was saying they should have stopped easing and raising for ages before Fed finally stopped saying inflation was transitory. If only.....
Anonymous
Post 09/20/2022 19:54     Subject: Re:Why is the stock market crashing, the dumb fed hasn't said anything
Anonymous wrote:
Anonymous wrote:Protecting boomers are you serious? My mom has been losing $$ in her 401k and IRA since March 2020. she also is about to start taking mandatory disbursements. Many boomers are also on the cusp of retirement, which frankly is exactly where I wouldn't want to be with my money in those types of accounts right now. millennial and gen z have years to rebound from any losses.



Stock market is up quite a bit since March 2020. Does your mom own a high percentage of Bond funds? I think those are down.


DP. I'm not sure what your point is. Markets are up since a long time ago, too. 2020 has no specific bearing on PP's point.

I think the PP was only making the point that the Fed and/or Biden are not protecting boomers or Gen X since retirement success is largely dependent on sequence of returns. It is not good to retire in a down market unless you have more than enough funds. Most people rarely achieve more than enough.
Anonymous
Post 09/20/2022 19:53     Subject: Why is the stock market crashing, the dumb fed hasn't said anything
“market is crashing”

Pulls up 10 year chart.

Laughs at morons
Anonymous
Post 09/20/2022 19:51     Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Anonymous wrote:The problem is that while supply is getting better, it is still not solved. Plus, it is still taking more money to get people to work, there for businesses are still passing higher costs on to the consumer.

We have a problem of rising rates and still rising inflation due to at least both of those issues.

The Fed have gotten themselves into a bind since they kept easing when they should have stopped stimulus and started raising much earlier.


True. Remember "Inflation is transitory" from last year Fed speak. Ha ha. The Fed looks like fools. They can't keep looking like fools, so they need to act tough for a few months.

There is sticky service related inflation right now. Raised wages, so then the companies pass this cost on to consumers. Consumers pay more for services.
Anonymous
Post 09/20/2022 19:45     Subject: Why is the stock market crashing, the dumb fed hasn't said anything
The problem is that while supply is getting better, it is still not solved. Plus, it is still taking more money to get people to work, there for businesses are still passing higher costs on to the consumer.

We have a problem of rising rates and still rising inflation due to at least both of those issues.

The Fed have gotten themselves into a bind since they kept easing when they should have stopped stimulus and started raising much earlier.