The Stock Market Was Overdue for a Correction

[excalibur]

So they use the excuse of tariffs to get 'er done.

The market has been mainly 7 stocks strong, and that is never a good thing. It was bad enough decades ago with 'the nifty fifty', now down to seven.

Gold, IMO, is overvalued as well.

 

[JLW]

So they use the excuse of tariffs to get 'er done.

The market has been mainly 7 stocks strong, and that is never a good thing. It was bad enough decades ago with 'the nifty fifty', now down to seven.

Gold, IMO, is overvalued as well.

Trump has cost the nation 10 Trillion dollars in wealth. He is a grossly incompetent man.

 

[excalibur]

Trump has cost the nation 10 Trillion dollars in wealth. He is a grossly incompetent man.

Paper profits aren't real money.

The market was overdue for a correction as it was held up by basically just 7 stocks, an untenable situation. Bye.

 

[Darkwind]

Meh.

When the market crashed in '08, it came back even stronger.

It will come back now too.

Particularly when the US gets its manufacturing base back and American labor is once again a priority.

 

[JackOfNoTrades]

So they use the excuse of tariffs to get 'er done.

The market has been mainly 7 stocks strong, and that is never a good thing. It was bad enough decades ago with 'the nifty fifty', now down to seven.

Gold, IMO, is overvalued as well.

LOL. Says every cuck who opens their mouth for the Savior.
Face it, he's just another hack who is lining his own pockets.

 

[rightwinger]

Nice try

But a correction occurs naturally through profit taking from past gains

This drop is because of intentional actions of the President

 

[1srelluc]

Way overdue, it was living off the sugar high of AI.....You had like six tech stocks propping up the whole thing.

That's why smart people's portfolio look a lot like their granddad's and they will weather the storm just fine.

 

[citygator]

So they use the excuse of tariffs to get 'er done.

The market has been mainly 7 stocks strong, and that is never a good thing. It was bad enough decades ago with 'the nifty fifty', now down to seven.

Gold, IMO, is overvalued as well.

Jesus Christ. I think you may have traded your balls for a picture of Donald Trump. He screwed up bigly. Call him out instead of swallowing.

 

[Darkwind]

Nice try

But a correction occurs naturally through profit taking from past gains

This drop is because of intentional actions of the President

This drop is pure fear and will erase itself by the end of the year.

 

[John Edgar Slow Horses]

So they use the excuse of tariffs to get 'er done.

The market has been mainly 7 stocks strong, and that is never a good thing. It was bad enough decades ago with 'the nifty fifty', now down to seven.

Gold, IMO, is overvalued as well.

You are a 90 year old man who is spouting nonsense. It was not ready for a 3,300 point correction and 5.6T in loss.

Eat your gruel and think of pretty women when you were young, please.

 

[Darkwind]

You are a 90 year old man who is spouting nonsense. It was not ready for a 3,300 point correction and 5.6T in loss.

Eat your gruel and think of pretty women when you were young, please.

It's a correction that will correct itself, as it always does.

The Markets have done nothing but climb since the 1930s.

 

[rightwinger]

This drop is pure fear and will erase itself by the end of the year.

More like chaos caused by Trumps Trade War

Trump is just getting started on the damage he can do to the economy

 

[John Edgar Slow Horses]

It's a correction that will correct itself, as it always does.

The Markets have done nothing but climb since the 1930s.

It is not anywhere a normal 'correction'. You go eat your gruel.

Trump may be worse than Hoover.

 

[rightwinger]

It is not anywhere a normal 'correction'. You go eat your gruel.

Trump may be worse than Hoover.

Only difference is Trump did it on purpose

 

[Superbadbrutha]

Meh.

When the market crashed in '08, it came back even stronger.

It will come back now too.

Particularly when the US gets its manufacturing base back and American labor is once again a priority.

Yea manufacturing will be booming in about 3 months.

 

[rightwinger]

Since his inauguration, Trump has cost the economy $10 trillion and he is just warming up

 

[odanny]

Trump has cost the nation 10 Trillion dollars in wealth. He is a grossly incompetent man.

But the market was overdue for this, Trump just made it happen.

He really knows what is best for America, just trust him.

 

[JLW]

But the market was overdue for this, Trump just made it happen.

He really knows what is best for America, just trust him.

Trusting Trump is like trusting Jack the Ripper.

 

[kyzr]

Since his inauguration, Trump has cost the economy $10 trillion and he is just warming up

Not really. The tech bubble burst, period. The insane valuations of the Mag-7 just came back to reality.
The US economy is measured by the GDP. We'll see if there is a recession where the GDP goes lower instead of up.
We'll see by the 2026 mid-terms how the real economy is doing under Trump.

 

[excalibur]

Since his inauguration, Trump has cost the economy $10 trillion and he is just warming up

Nope, unrealized gains are not a loss to the economy.

And

The market has been mainly 7 stocks strong, and that is never a good thing. It was bad enough decades ago with 'the nifty fifty', now down to seven.

Gold, IMO, is overvalued as well.

Where were you guys in 2022 when we had a major correction then?