Anonymous
09/22/2022 21:49
Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Anonymous
09/22/2022 11:42
Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Anonymous wrote:Anonymous wrote:Anonymous wrote:Everyone was fine with the possibility of inflation when they were handing out free stimulus checks and child tax credits. Now it’s time to pay the piper and everyone is big mad. Actions have consequences and this was totally predicted.
Inflation is mostly from supply chain, Chinese lock downs and Ukraine war. There have been no new checks and yet inflation persists
You right wingers have been crying “Inflation is coming” for going on 2 decades; predictions meet broken clock.
I’m not a right winger, not even close. Not everyone who disagrees is a Republican.
Still doesn’t change the fact that predictions are nonsense because the raise the inflation bogey man all time.
Anonymous
09/22/2022 11:00
Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Anonymous wrote:Anonymous wrote:Everyone was fine with the possibility of inflation when they were handing out free stimulus checks and child tax credits. Now it’s time to pay the piper and everyone is big mad. Actions have consequences and this was totally predicted.
Inflation is mostly from supply chain, Chinese lock downs and Ukraine war. There have been no new checks and yet inflation persists
You right wingers have been crying “Inflation is coming” for going on 2 decades; predictions meet broken clock.
I’m not a right winger, not even close. Not everyone who disagrees is a Republican.
Anonymous
09/22/2022 10:46
Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Anonymous wrote:Everyone was fine with the possibility of inflation when they were handing out free stimulus checks and child tax credits. Now it’s time to pay the piper and everyone is big mad. Actions have consequences and this was totally predicted.
Inflation is mostly from supply chain, Chinese lock downs and Ukraine war. There have been no new checks and yet inflation persists
You right wingers have been crying “Inflation is coming” for going on 2 decades; predictions meet broken clock.
Anonymous
09/22/2022 08:16
Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Everyone was fine with the possibility of inflation when they were handing out free stimulus checks and child tax credits. Now it’s time to pay the piper and everyone is big mad. Actions have consequences and this was totally predicted.
Anonymous
09/22/2022 01:44
Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Anonymous wrote:Anonymous wrote:Inevitable results of destroying the energy sector.
Says the oil lobbyist
Are you really that ignorant about economics?
Anonymous
09/21/2022 12:31
Subject: Re:Why is the stock market crashing, the dumb fed hasn't said anything
The stock market has extra in it because the interest rates have been so low so long. People are moving some money to CDs and other interest bearing accounts. It in end it will be a more balanced economy. The rise in interest rates is a good thing. N
Anonymous
09/21/2022 12:12
Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Anonymous wrote:Nothing has changed. Why is it crashing?
what's your definition of crashing? as of today (midday), the Dow is down 15%, S&P 500 down 19% and NASDAQ down 27% for the year. That's what I would call a correction - one that has been LOGN overdue.
and just for kicks, what would have the Fed do?
Anonymous
09/21/2022 10:04
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?
It could be a long wait before the market “bounces back.”
Look at the 2000-2010 period for a decade of lost returns.
Small caps, mid caps and foreign stocks did OK during this time actually. So if you were all in the DOW, then sure, you had a decade of no returns.
Sectors may go through long dry spells but thats why you diversify.
Anonymous
09/21/2022 08:50
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.
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.
Anonymous
09/21/2022 08:38
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.
The Fed and the WH, where Yellen was saying it was fine to do larger and larger stimulus packages.
We should give an award to Sen. Manchin, though. He saw this and prevented making things even worse.
Anonymous
09/21/2022 08:35
Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Anonymous wrote:Inevitable results of destroying the energy sector.
Says the oil lobbyist
Anonymous
09/21/2022 08:35
Subject: Why is the stock market crashing, the dumb fed hasn't said anything
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
I hope you're a bot not a voter.
Anonymous
09/21/2022 08:29
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?
It could be a long wait before the market “bounces back.”
Look at the 2000-2010 period for a decade of lost returns.
Sure, but again, unless you are retiring soon, should you take advantage of this and buy like crazy? If you are still saving for retirement in 10+ years.
Anonymous
09/21/2022 08:12
Subject: Why is the stock market crashing, the dumb fed hasn't said anything
Between Fed's .75 bp (maybe 1.0) increase and Putin's threats early this morning, depending on Powell comments, today could be rough. Before Putin's comments, I think if Powell had announced the increase, but made some comment about making progress, I think the market would have gone up.