If I could time the market, I wouldn’t be here discussing it with you, I’d be on a boat somewhere. If the market does rebound in the next short time period, it’ll be because these tariffs are rescinded, and we get back to sensible economic policy. In which case, it would look like market manipulation to me.
But yes, if we continue on this reckless isolationist path, I would expect the market to be down until some equally large changes are made in the other direction. And yes, that would likely be years.
I’m also not making the statement that it’ll be a Democrat in office when these damages are undone. History makes that statement for me.
If I could time the market, I wouldn’t be here discussing it with you, I’d be on a boat somewhere.
But ya legit just said: “Yes, in a certain number of years the market will rebound (likely with a democrat in office, as history shows)”
I don’t think things will be bad at all. Many economists have said this is pain in the short term, but in the long term, things will be stronger than before.
I’m going to buy as much stock as I can tomorrow when the market opens. Most wealthy people I know will be doing the same.
Based upon information current and trajectory, I do expect it to get much worse, and for it to be several years to recover. And I’d base “recovery” on more than just the S&P; unemployment, inflation, wealth disparity, and other markers of a healthy economy.
But I also foresee this incredibly unstable administration from possibly making moves to swing the markets in the other direction. If it does “recover” quickly, it’s because they just picked out collective pockets. Insider trading on a global scale.
Remember, these are moves made by someone who bankrupted his own casinos. Sometimes, if it walks like a duck…
At what point, measured by whatever metric you wish, would you agree?
Before you ask, I’ll answer the inverse. I’d consider myself wrong when (if) markets, inflation, and unemployment return to what they were on Jan 19 of this year.
You’re really gut about one thing, we will find out.
If I could time the market, I wouldn’t be here discussing it with you, I’d be on a boat somewhere. If the market does rebound in the next short time period, it’ll be because these tariffs are rescinded, and we get back to sensible economic policy. In which case, it would look like market manipulation to me.
But yes, if we continue on this reckless isolationist path, I would expect the market to be down until some equally large changes are made in the other direction. And yes, that would likely be years.
I’m also not making the statement that it’ll be a Democrat in office when these damages are undone. History makes that statement for me.
But ya legit just said: “Yes, in a certain number of years the market will rebound (likely with a democrat in office, as history shows)”
I don’t think things will be bad at all. Many economists have said this is pain in the short term, but in the long term, things will be stronger than before.
I’m going to buy as much stock as I can tomorrow when the market opens. Most wealthy people I know will be doing the same.
Based upon information current and trajectory, I do expect it to get much worse, and for it to be several years to recover. And I’d base “recovery” on more than just the S&P; unemployment, inflation, wealth disparity, and other markers of a healthy economy.
But I also foresee this incredibly unstable administration from possibly making moves to swing the markets in the other direction. If it does “recover” quickly, it’s because they just picked out collective pockets. Insider trading on a global scale.
Remember, these are moves made by someone who bankrupted his own casinos. Sometimes, if it walks like a duck…
And I don’t agree with this. So I guess we’ll find out. I actually think it’s going to be a quick turnaround.
At what point, measured by whatever metric you wish, would you agree?
Before you ask, I’ll answer the inverse. I’d consider myself wrong when (if) markets, inflation, and unemployment return to what they were on Jan 19 of this year.
You’re really gut about one thing, we will find out.
Ok, star this conversation and we can revisit it in a few weeks and months. Deal?
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Hi. So about the market… Sure am glad I bought a shit-ton of stocks and crypto over last few days when the big crash happened. I’m making bank now.
How’d you do? Cuz I notice that in conversation you were assuming this was gonna be a long deep hole in the market. Opinion now?
I thought we said weeks/months? It’s been three days.
My opinion hasn’t changed. In fact, I feel more certain of it now.
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