Bobaloo said:

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We had a very healthy correct in 4th Q 2018. Bear markets in 20 and 22. Now another correction. These are simply part of the markets.

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MouthBQ98 said:

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Very true. But people only feel the strain and pain they are under in the here and now and they'll be willing at some point to entertain anyone promising to take the pain away, even if it is obviously lies.

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Logos Stick said:

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A. G. Pennypacker said:

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CDUB98 said:

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BoydCrowder13 said:

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CDUB98 said:

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A. G. Pennypacker said:

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MouthBQ98 said:

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If you're not careful you'll end up with a president Occasio Cortez in '28 if you screw up the cost of living and projected retirement age for too many voters.

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At age 62 and looking at retiring in 2-3 years, I'm not liking it very much.

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At your age, you should be mostly in bonds. I'll never understand this mentatlity.

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Define mostly.

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It depends.

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I've got some safer investments that can probably get me through the first 4-5 years of retirement if need be, so 2-3 years until retirement + 4-5 years before I would need to touch any of the equity investments means I've got 6-8 years from now to recover. If I have to work a couple years longer - I guess that's a possibility.

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Mean time to recovery for an 18% correction is 8 months. You'll be fine. But as CDUB said, you should be rebalancing now. We are probably going to get a 50 basis point reduction in May. Part of your portfolio should be US Treasuries. 20 year yield is 5% right now. The last time we had these yields was 20 years ago.

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Funky Winkerbean said:

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Quote:

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Is reducing the debt even why he's doing this? He's never cared about the deficit so not sure why he would now

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He's clearly stated it many, many times. If he approaches the problem as you suggested (scalpel) it would take too long, forces him to use Congress (useless), and opens him up to political attacks. As far as the budget, look at Congress. I suspect he will ramp up pressure on Congress after the mid terms.

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TAMU1990 said:

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MouthBQ98 said:

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Very true. But people only feel the strain and pain they are under in the here and now and they'll be willing at some point to entertain anyone promising to take the pain away, even if it is obviously lies.

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This woman ran off Amazon from her district. It would have provided thousands of jobs for her constituents. Nope, can't have that. She's not going to win the nomination. She has no substance.

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newbie11 said:

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J. Walter Weatherman said:

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BoydCrowder13 said:

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TheEternalOptimist said:

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2040huck said:

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When does the populist change direction?

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Nope. No change.

Stay the course.

The market is NOT the economy. The average American worker could care less.

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Couldn't care less*

And they will. When companies start making decisions based on the market.

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I'd also argue the average American definitely couldn't care less about whatever Trump's overall goal is with this trade war if it tanks their investments, doesn't reduce cost of living/inflation from Biden's disastrous economy and/or causes them to get laid off.

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This.

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J. Walter Weatherman said:

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BoydCrowder13 said:

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TheEternalOptimist said:

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2040huck said:

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When does the populist change direction?

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Nope. No change.

Stay the course.

The market is NOT the economy. The average American worker could care less.

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Couldn't care less*

And they will. When companies start making decisions based on the market.

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I'd also argue the average American definitely couldn't care less about whatever Trump's overall goal is with this trade war if it tanks their investments, doesn't reduce cost of living/inflation from Biden's disastrous economy and/or causes them to get laid off.

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Bobaloo said:

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We had a very healthy correct in 4th Q 2018. Bear markets in 20 and 22. Now another correction. These are simply part of the markets.

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YouBet said:

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Funky Winkerbean said:

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Quote:

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Is reducing the debt even why he's doing this? He's never cared about the deficit so not sure why he would now

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He's clearly stated it many, many times. If he approaches the problem as you suggested (scalpel) it would take too long, forces him to use Congress (useless), and opens him up to political attacks. As far as the budget, look at Congress. I suspect he will ramp up pressure on Congress after the mid terms.

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I disagree unless he's said he will decrease our debt somehow through an end around via tariffs. I do not think he's doing tariffs to decrease our debt. He's doing tariffs because of the perceived trade imbalances and the fact that China has usurped us as the top global trade leader.

Only way we are reducing our debt is to reduce spending which won't happen. Both parties have already said they aren't going to reduce spending in any way that matters.

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Heineken-Ashi said:

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Bobaloo said:

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We had a very healthy correct in 4th Q 2018. Bear markets in 20 and 22. Now another correction. These are simply part of the markets.

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Interesting.

So you're telling me the yellow arrows are normal, but see no issue with anything else on this chart?

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Heineken-Ashi said:

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YouBet said:

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Funky Winkerbean said:

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Quote:

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.

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Only way we are reducing our debt is to reduce spending which won't happen. Both parties have already said they aren't going to reduce spending in any way that matters.

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Not the only way. There's also massive inflationdeflation and / or default.

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Heineken-Ashi said:

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YouBet said:

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Funky Winkerbean said:

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Quote:

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Is reducing the debt even why he's doing this? He's never cared about the deficit so not sure why he would now

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He's clearly stated it many, many times. If he approaches the problem as you suggested (scalpel) it would take too long, forces him to use Congress (useless), and opens him up to political attacks. As far as the budget, look at Congress. I suspect he will ramp up pressure on Congress after the mid terms.

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I disagree unless he's said he will decrease our debt somehow through an end around via tariffs. I do not think he's doing tariffs to decrease our debt. He's doing tariffs because of the perceived trade imbalances and the fact that China has usurped us as the top global trade leader.

Only way we are reducing our debt is to reduce spending which won't happen. Both parties have already said they aren't going to reduce spending in any way that matters.

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Not the only way. There's also massive deflation and / or default.

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Logos Stick said:

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Heineken-Ashi said:

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Bobaloo said:

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We had a very healthy correct in 4th Q 2018. Bear markets in 20 and 22. Now another correction. These are simply part of the markets.

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Interesting.

So you're telling me the yellow arrows are normal, but see no issue with anything else on this chart?

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Yes, that's normal exponential growth that companies experience when they retain earnings.

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Logos Stick said:

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Heineken-Ashi said:

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Bobaloo said:

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We had a very healthy correct in 4th Q 2018. Bear markets in 20 and 22. Now another correction. These are simply part of the markets.

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Interesting.

So you're telling me the yellow arrows are normal, but see no issue with anything else on this chart?

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Yes, that's normal exponential growth that companies experience when they retain earnings.

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MemphisAg1 said:

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Heineken-Ashi said:

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YouBet said:

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Funky Winkerbean said:

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Quote:

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.

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Only way we are reducing our debt is to reduce spending which won't happen. Both parties have already said they aren't going to reduce spending in any way that matters.

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Not the only way. There's also massive inflationdeflation and / or default.

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J. Walter Weatherman said:

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Those brands include thousands of small businesses and tens of thousands of employees. Good luck telling them they lost their jobs and companies that they spent years building for…what purpose exactly?

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Ozzy Osbourne said:

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J. Walter Weatherman said:

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Those brands include thousands of small businesses and tens of thousands of employees. Good luck telling them they lost their jobs and companies that they spent years building for…what purpose exactly?

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Stop making piles of garbage at the expense of the American middle class.

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J. Walter Weatherman said:

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Ozzy Osbourne said:

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It's America first, not the brands, the Chinese worker, or even cheap goods.

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Right. "America first" even if it costs tens of thousands of Americans their jobs, throws gasoline on Biden's inflation and tanks ordinary Americans' retirement accounts, all to try and bring back jobs that no Americans will do anyways. Solid plan. Good luck explaining that in the midterms.

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Funky Winkerbean said:

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It's clear you don't understand the tactics he's using to solve the problems.

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Old McDonald said:

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Mucho austin said:

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Don't care

Burn it all down and start over

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we really went from "trump will save the economy" to "trump destroying the economy is actually a good thing" in less than 100 days

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Sublette County said:

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Funky Winkerbean said:

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It's clear you don't understand the tactics he's using to solve the problems.

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I don't think you can explain these "tactics" you speak of.

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Quote:

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Right. "America first" even if it costs tens of thousands of Americans their jobs, throws gasoline on Biden's inflation

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J. Walter Weatherman said:

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Ozzy Osbourne said:

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J. Walter Weatherman said:

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Those brands include thousands of small businesses and tens of thousands of employees. Good luck telling them they lost their jobs and companies that they spent years building for…what purpose exactly?

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Stop making piles of garbage at the expense of the American middle class.

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Strange, I thought conservatives were pro business. Guess they were for big government all along.

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