Nah. He’s getting old and his die hard supporters are the punchline. It’ll be interesting to see how long his 2024 run lasts.
dow jones
- Thread starter Jkloc420
- Start date
I don't have much faith in the market either
It’s never a good sign, years into their own president, that they still can’t talk about the man they voted for. That’s the sign of a complete failure.
Why not? History says that over time and regardless of politics, the Dow ends up doing well.
Absolutely it does.
I'm just not sure what I want to do at the moment cuz I have not made a decision on exactly what I'm going to retire
TDS liberal fueled anarchist…
What does that even mean? I thought liberals were the big government meanies but now I guess we’re anarchists?
Are you just throwing around pejorative words again?
I really don't see the market going up under our current leadership
Lineandinitial
Legio patria nostra
Me either. That was what my Risk comment was about.
Most will hunker down and ride it out until 2025 at least.
Some will somehow make a bundle, but not me.
Next Day Error
X - Other
It went up under Obama. Did you give him credit for that?
I'm half in and I'm half out
Up In Smoke
Well-Known Member
You have to ask why? Companies that routinely refinanced debt instead of paying it down. The tax structure is one where debt refinancing was rewarded with deductions, so their cash was better served to pay dividends or stock buy backs. This practice also inflates the price earnings multiples. When Uber went public they had a boat load of cash but no profits. People invested like crazy with hopes this would be their generation's Apple or Amazon. The Fed tried and flinched in 2018 to raise rates and force companies to be more responsible with their debt, but instead lowered rates to protect the market. Powell went into this cycle of rate increases with the tough message that they were not going to worry about the market and investors were going to feel the pain along with the companies that were poorly leveraged. Too much cheap money for too long has led us to this point.
Up In Smoke
Well-Known Member
Powell seams to have mixed messages every time he speaks. "Deeper for a longer time" is not what the market wanted to hear.
Up In Smoke
Well-Known Member
Options make up around 40% of the daily market. I know you said you don't feel comfortable with that investment strategy, but most money managers will advise clients to have around 10% of their portfolio in options. I agree as long as your not dealing in margins to have those positions.
Hi short-term rates will keep investors out of the market.
Lot of people depend on dividends for income but if you can get four or five percent and safe investments that will keep a lot of people out
Up In Smoke
Well-Known Member
We are getting back to balanced portfolios. For 10 plus years, the only yields were in the market. Investors had two options, the market or zero return.
Wally
BrownCafe Innovator & King of Puns
WSJ News Exclusive | Americans Expect Worsening U.S. Economy in 2023, WSJ Poll Finds
More than a third of voters say inflation is causing them major financial strain.
www.wsj.com
I think we all notice it.
WSJ News Exclusive | Americans Expect Worsening U.S. Economy in 2023, WSJ Poll Finds
More than a third of voters say inflation is causing them major financial strain.
I short notice I have less money left in my paycheck after I pay all the bills
oldngray
nowhere special
Here Comes The Job Shock: Philadelphia Fed Admits US Jobs "Overstated" By At Least 1.1 Million | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
After the market collapsed
The market had nowhere to go but up
