Anonymous wrote:Losses are not real until they’re realized. I plan to cash out in 30 years so I don’t care about short term fluctuations
Anonymous wrote:Anonymous wrote:Anonymous wrote:
What an idiotic post. Nearly all of those drops in that list were rescued by massive Fed QE and multiple trillion dollar stimulus packages from the federal govt to save the economy from COVID. This is completely different as rate hikes to combat inflation are finally starting to dampen the economy. There is also currency contagion spreading across the globe as the Bank of Japan has rapidly appreciated the yen vs the dollar in a matter of a week. The bubble is being deflated now. No multiple trillion dollar stimi packages are going to come to the rescue this time.
What's idiotic is pretending this is the worst thing to hit the stock market in our lifetimes when it's barely even a tiny fraction of the crash we saw in 2020.
He’s trying to make fetch happen…
Anonymous wrote:The market will bounce back once the rate cuts start in September.
Anonymous wrote:Japanese markets just dropped the largest amount in their entire history. South Korea had to halt all trading. Futures for the US markets look ugly. Who knows how far the US markets will drop today, but a crash will signal a complete collapse of economic confidence and more fears of a a global recession. This will have tremendous impact on the election as American lose trillions of dollars of wealth and potentially many jobs over the next few weeks.
Who will this hurt the most?
Anonymous wrote:Anonymous wrote:
What an idiotic post. Nearly all of those drops in that list were rescued by massive Fed QE and multiple trillion dollar stimulus packages from the federal govt to save the economy from COVID. This is completely different as rate hikes to combat inflation are finally starting to dampen the economy. There is also currency contagion spreading across the globe as the Bank of Japan has rapidly appreciated the yen vs the dollar in a matter of a week. The bubble is being deflated now. No multiple trillion dollar stimi packages are going to come to the rescue this time.
What's idiotic is pretending this is the worst thing to hit the stock market in our lifetimes when it's barely even a tiny fraction of the crash we saw in 2020.
Anonymous wrote:Anonymous wrote:Losses are not real until they’re realized. I plan to cash out in 30 years so I don’t care about short term fluctuations
You will when this crash causes massive jobs losses and you struggle to make payment on your rent/mortgage.
Anonymous wrote:It will probably bounce back after a few weeks. Market corrections are buying opportunities.
Anonymous wrote:
What an idiotic post. Nearly all of those drops in that list were rescued by massive Fed QE and multiple trillion dollar stimulus packages from the federal govt to save the economy from COVID. This is completely different as rate hikes to combat inflation are finally starting to dampen the economy. There is also currency contagion spreading across the globe as the Bank of Japan has rapidly appreciated the yen vs the dollar in a matter of a week. The bubble is being deflated now. No multiple trillion dollar stimi packages are going to come to the rescue this time.
Anonymous wrote:Losses are not real until they’re realized. I plan to cash out in 30 years so I don’t care about short term fluctuations