It will be fine
Well-Known Member
Nobody knew macroeconomics was so complicated.
Dow 20,000
- Thread starter Brownslave688
- Start date
Non sequitur
Well-Known Member
What do you think was more painful ? Global outsourcing and the loss of the middle class here in America or rebalancing of the worldwide economy on the backs of a couple disappointing quarters on the markets.
DriveInDriѵeOut
Inordinately Right
Make me a sandwich.
Brownslave688
You want a toe? I can get you a toe.
You were saying the same at 25000.
So you are saying that global outsourcing has stopped and the middle class has come roaring back in this country?
Brownslave688
You want a toe? I can get you a toe.
I think last week he predicted 24500 by the end of the month....
Non sequitur
Well-Known Member
Yes like turning a ocean freighter. Clumsy slow
Jkloc420
Do you need an air compressor or tire gauge
i say the same always, if your young, the stock market goes up and down. Stay consistent with your investment and your fine in the end. The Dow crashed in 2008 and now it is at 21000. It is how you make?money
Jkloc420
Do you need an air compressor or tire gauge
yes i did, we shall see if I'm right, I doubt I will because there is a lot of panic selling going on over nonsense
Brownslave688
You want a toe? I can get you a toe.
I have to admit I wasn’t expecting this hard and fast of selling. It’s gonna bounce some soon.
Jkloc420
Do you need an air compressor or tire gauge
the computers
I could see it going back to 18000 and taking 15 years to get back to 26000.
Then you are not saying that at all
Jkloc420
Do you need an air compressor or tire gauge
Brownslave688
You want a toe? I can get you a toe.
I can see us going to 10-12k but I don’t see 15 years to get back.
It just keeps breaking through support levels . This is the last thing already underfunded pension plans want to see. We'll be lucky if it remains at current levels on December 24, 2019.
Brownslave688
You want a toe? I can get you a toe.
The problem with going up so fast is there isn’t strong support on the way back down.
I can. Because there is going to have to be a fundamental realization that tax cuts with already huge deficits will not lead to miraculous growth that makes all things wonderful. And since no political party has the cajones to make the deep cuts necessary in spending, taxes will have to go up.
Everything that spurred the meteoric rise in the market will have to be reset and that has massive implications for the rest of the economy.
