Mac1958
Diamond Member
Taking profits and re-positioning their portfolios for higher interest rates.Maybe it's great to tweak the President's nose, but people are losing money on this--their retirement accounts, their kids' college funds. Let's not forget that in all the glee that Trump's stock market is tanking.
No, they aren't. People are simply taking their profits. This always happens after a big run up like this. The market is overbought and will eventually return to its former high and likely surpass it. The only people panicking are the people who have little to no understanding of finance and investing.
Healthy and overdue.
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Just WOW, more MAGA! Can we lose 1000 points in one day,