The Stock Market Was Overdue for a Correction

[airplanemechanic]

Trusting Trump is like trusting Jack the Ripper.

He's been right about everything so far.

Right on the border.

Right on trade.

Right on national security.

Right on the war in Ukraine if he could get those two stubborn whackjobs to come together. LOL But at least he's trying. Biden did nothing but throw money at it.

So much winning.

 

[Slade3200]

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.

This wasn’t a correction, it was a straight reaction to Trump‘s horrible tariff policy

 

[excalibur]

This wasn’t a correction, it was a straight reaction to Trump‘s horrible tariff policy

Nope, as I said, they just used the tariffs as an excuse to sell off an overvalued market.

 

[airplanemechanic]

This wasn’t a correction, it was a straight reaction to Trump‘s horrible tariff policy

Yes it was. Corrections are always reactions to something. Something causes the correction. In this case, it was tariffs. Under Biden, it was slowing job market and inflation.

 

[Mac1958]

Yea, that's the ticket. Stick with it fool.

Somehow I thought they wouldn’t even TRY to pawn this off. This falls on Trump’s narrow shoulders only, and the whole fucking WORLD knows it.

I keep overestimating them.

 

[Slade3200]

Nope, as I said, they just used the tariffs as an excuse to sell off an overvalued market.

And trump starting a trade war is a very very good excuse to sell

 

[Slade3200]

Yes it was. Corrections are always reactions to something. Something causes the correction. In this case, it was tariffs. Under Biden, it was slowing job market and inflation.

Yup. Difference here is one was a direct policy and action by Trump while the other was an economic reaction to COVID shut down supply chain issues and over stimulus by both Trump and Biden to save us from a depression

 

[Winco]

Yup. Difference here is one was a direct policy and action by Trump while the other was an economic reaction to COVID shut down supply chain issues and over stimulus by both Trump and Biden to save us from a depression

And I guarantee the following will happen.
Bookmark this Post.

The Dow was at 44,025 on Trumps First Day.
The Dow currently sits at 38,314.
It may go lower or may bounce back on Monday.
But eventually, who knows how long of time, the DOW will rise and trump will .........

Take Credit for the Great Market Bounce back, and he will claim the low number (Currently 38,314, but could go lower) as his Starting point, when we ALL know the starting NUMBER was 44,025.

SO when the market once again, in the future, hits 45,000, trump will claim he LED the market to a 20% gain, when in REALITY it would be a 2% Gain.

 

[BasicHumanUnit]

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 seem to be in the know (financially).
Where would you put funds in the current environment?

 

[John Edgar Slow Horses]

Trump probably broke the law again.

 

[BasicHumanUnit]

And I guarantee the following will happen.
Bookmark this Post.

The Dow was at 44,025 on Trumps First Day.
The Dow currently sits at 38,314.
It may go lower or may bounce back on Monday.
But eventually, who knows how long of time, the DOW will rise and trump will .........

Take Credit for the Great Market Bounce back, and he will claim the low number (Currently 38,314, but could go lower) as his Starting point, when we ALL know the starting NUMBER was 44,025.

SO when the market once again, in the future, hits 45,000, trump will claim he LED the market to a 20% gain, when in REALITY it would be a 2% Gain.

View attachment 1096823

The elephant in the room you cannot see is that the "pain" we're feeling now is mainly due to decades of allowing the USA to be used and financially abused. Especially during Democrat presidential terms. Obama and Biden both heavily facilitated foreign nations in exploiting the USA unfairly and funneling trillions offshore. (Maybe that's why the Obama's and Bidens are all filthy rich now, they certainly didn't work hard and earn much of anything.)

Getting that corrected now is not a minor task and will indeed cause pain. No Pain...No Gain.

 

[John Edgar Slow Horses]

The elephant in the room you cannot see is that the "pain" we're feeling now is mainly due to decades of allowing the USA to be used and financially abused.

Getting that corrected now is not a minor task and will indeed cause pain. No Pain...No Gain.

One cannot be MAGA and be a person of empathy.

 

[Crepitus]

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.

On to the next excuse!!

What is this now, #3? #4?

 

[JLW]

The elephant in the room you cannot see is that the "pain" we're feeling now is mainly due to decades of allowing the USA to be used and financially abused.

Getting that corrected now is not a minor task and will indeed cause pain. No Pain...No Gain.

If Trump does not change course, Trump’s policies will only cause pain. There is no “pot of gold” at the end of Trump’s atrocious policies, only rack and ruin.

 

[Winco]

The elephant in the room you cannot see is that the "pain" we're feeling now is mainly due to decades of allowing the USA to be used and financially abused.

Getting that corrected now is not a minor task and will indeed cause pain. No Pain...No Gain.

You're trying to convince us that the Wealthiest Country in the World, got to be the Wealthiest Country in the World, because the rest of the world was Screwing Us because we were "used and financially abused"

Dear Lord.
If trump says it, it MUST be true<<<<< cult Logic

 

[BasicHumanUnit]

Trumps policies will only cause pain if Trump does not change course. There is no “pot of gold” at the end of Trump’s atrocious policies, only rack and ruin.

You've never run a business. Never could. Assembly line work is your best bet.

 

[JLW]

You've never run a business. Never could. Assembly line work is your best bet.

Try again you rube.

You on the other hand have no greater knowledge of how the economy works than a GED.

Go discuss economics on the kiddie board, boy.

 

[BasicHumanUnit]

You're trying to convince us that the Wealthiest Country in the World, got to be the Wealthiest Country in the World, because the rest of the world was Screwing Us because we were "used and financially abused"

Dear Lord.
If trump says it, it MUST be true<<<<< cult Logic

And you's SO incredibly stupid, you are unaware of my 100's of anti-Trump posts.

The Cult is when others call you a "Cult" if your mind isn't inline with the hive, good, bad or ugly. No thinking required.

 

[OhPleaseJustQuit]

Trumps policies will only cause pain if Trump does not change course. There is no “pot of gold” at the end of Trump’s atrocious policies, only rack and ruin.

.


It's going to fun to watch y'all react.




.

 

[BasicHumanUnit]

Right.
I nail

Try again you rube.

You on the other hand have no greater knowledge of how the economy works than a GED.

Go discuss economics on the kiddie board, boy.

Right. I nailed it. Your confession is accepted.