Stock market going down on Monday.

21

My play money is my retirement fund and can’t take it out now. I have to wait when it goes back up. Thanks god I have a reserve.

22

Was going good until Amazon announced it loss’s.

23

The Fed is raising the rates because of the stupid tax cuts, which have super heated an already humming economy, and now that we’re facing inflation, the Fed is raising rates in an attempt to slow the economy to prevent a recession.

But the much larger looming problem is the deficit and the debt. If we stay on the current trajectory, we’ll have trillion dollar deficits starting next year.

The interest we currently are paying on the debt is some $310 Billion a year](https://www.google.com/search?ei=lYLXW53hGeiJgge366CoBw&q=what+interest+do+we+pay+on+the+national+debt&oq=what+interest+do+we+pay+on+the+national+debt&gs_l=psy-ab.12..0i30.208482.209303..217688...0.0..0.95.277.3…0…1…gws-wiz…0i71.O0azjE9Sfko).

And in 10 years if we stay on the current trajectory, we’re talking $1.05 Trillion](https://www.google.com/search?ei=cIPXW_7eD6isjwSi_5GoBg&q=interest+on+the+national+debt&oq=interest+on+the+national+debt&gs_l=psy-ab.12..0j0i7i30l3j0i30l2j0i5i30l2j0i30l2.14957.16420..18643...0.0..0.109.782.4j4…0…1…gws-wiz…0i71j0i8i7i30j0i7i5i30j0i13i5i30.S6TvvmECn_E) - that’s interest we’ll owe on the debt every year.

All our kids and the next 3 or 4 generations have the republicans to thank for screwing them for nothing more than bragging rights for what will and is proving to be a short term gain.

Now let’s talk about the stupid trade war. :shock:

24

1% growth is not a humming economy.

25

I see Kevin has a second job working with the Federal Reserve helping to adjust interest rates. After all how else would HE know the specific reason why they raised the rates? :roll:

Seems Kevin is in the meltdown stage.

26

Dow stages biggest intraday reversal in more than 8 months; Nasdaq sees biggest U-turn in 3 years - MarketWatch

27

Wait until Maxine Watters heads the Finance committee.

28

https://pbs.twimg.com/media/DloRqfCW4AE6EZs.jpg:large

29

Next big dip will be in the U.S. dollar, and unlike the stock market, it won’t bounce back.

30

If it doesn’t bounce back it’ll be because of our massive deficits and debts.

But on the other hand I would never bet against the American dollar.

31

If that happens it will be a BAD day for 401k’s all over America.

32

Monday stocks up:)

DOW
▲
25,461.70
+190.87
+0.76%

33

The more the D’s win today the worse the market will react tomorrow.

34

That’s what I am afraid of. The Market just closed above 170 in anticipation of the results.
Go Reds, :wink:

35

You mean like it did last week? :roll:

Please stop with your RW propaganda, most people figured it out a long time ago.

As for the market acting tomorrow, with the exception of day traders, most people are in it long term, and reality is the stupid tariffs will have a much more negative effect than the election.

Myself, I prefer steady growth as opposed to a bubble that will inevitably pop at some point.

https://i0.wp.com/socialmaze.org/wp-content/uploads/2018/02/dow-jones-industrial-average-last-10-years-2018-02-06-macrotrends.png?ssl=1

36

What the market figured out is that with Trump it can grow at a decent pace.

37

Then who wins in the mid-term elections won’t matter.

Thanks for pointing that out Mike. :wink:

38

And Down she goes this morning;

DOW
▼
25,554.00
-435.30
-1.67%
DOW decrease 25,554.00 -435.30 -1.67% 11/12/2018 11:50 AM EST
US Markets Open

NASDAQ
▼
7,213.07
-2.62%

S&P 500 Index
▼
2,737.63
-1.56%

FTSE 100
▼
7,053.08
-0.74%

39

Happy Thanksgiving

We gave it all back.

24,465.64
▼
-551.80
-2.21%

6,908.82
▼
-119.65
-1.70%

2,641.89
▼
-48.84
-1.82%

40

That’s funny.

2018 YTD -1.03%

That’s Negative 1.03%. I wouldn’t call that a “decent pace”. Even though in Trump’s world negative can be positive and positive can be negative.