Today's headlines are full of uncertainty, yet the same people who whined about Obama are silent, or even more baffling are actually supporting this idiot in the Oval Office.
Anyone own Amazon stock? How are the 401K's faring today?
We're just seeing the opening rounds of this trade war.
Complicating the issue is whether or not China will be continue to buy our debt.
Which has grown significantly during Trump's first year and is forecasted to increase.
On the other side of the coin, did you see this story from the NY Times?
Trump Is ‘Saving Us’: Minnesota Mining Country Warms to Tariffs and G.O.P.
Sounds like the Iron Miners are being recalled to work, again. We may see an increase in taconite being hauled south west to Utah and beyond again by train. (That stuff is so heavy, they only can fill rail cars 25% full). It also was the cargo on the SS Edmund Fitzgerald.
Democratic seats in congress are now in play.
But in a handful of places where Republicans see openings to win seats and upend a national political forecast that seems to favor Democrats in November, the 25 percent tariff on foreign steel and the 10 percent tariff on imported aluminum are viewed as economic lifelines straight from the Oval Office.
In Southern Illinois, where a Republican congressman, Mike Bost, faces a tough re-election campaign, a steel mill that laid off hundreds is calling back workers. In Ohio, where the governorship and a Senate seat are on this year’s ballot, another steel mill could soon reopen. And in upper Minnesota, where iron ore pits — vast canyons of red-tinted dirt — shape the landscape, the tariffs could be a stabilizing force for towns still recovering from mine closings.
https://www.msn.com/en-us/news/politics ... li=BBnb7Kz
No. So do you have anything to say about my post or just that one sentence? Feeling comfortable about your investments are you? Satisfied we have a stable man at the helm?Professor Fate wrote:QR_BBPOST Spoke too soon didn't you?
Ho hum. Just another day.
You know it's ugly when a financial site's advice is to take the dog for a walk.
And Professor, take it from someone who used to be a family financial and estate planner, if you are in your 70's and still heavily invested in equities that are impacted by stock market fluctuations, you need a new financial adviser.
Exactamundo.MDDad wrote:QR_BBPOST if you are in your 70's and still heavily invested in equities that are impacted by stock market fluctuations, you need a new financial adviser.
The other point. Trump and his supporters were taking credit for stock market gains before he was sworn in. They are nowhere to be found with the recent downturns.
I don't follow what my 401K is buying or selling. I no longer can add to it, and all I'm concerned with is the balance. Despite three large withdrawals since January 2017, I still have more $ than what I had before those withdrawals.Wabash wrote:QR_BBPOST So you haven't invested anything since Trump's election?
Actually if you read my posts I'm just ridiculing the people who pissed and moaned about "uncertainty' when Obama was in charge and now...nothing. It's as if they never said a word.MDDad wrote:QR_BBPOST This thread is becoming absolutely hilarious. Every day the market is down appreciably, the lefties come out and ridicule Trump and his supporters. Every day the market is up, they scurry back under the fridge and don't say a word. It's like watching a bad cartoon.
How much "certainty" do we have now?
MDDad wrote:Every day the market is down appreciably, the lefties come out and ridicule Trump and his supporters.
Think of it as a public service.And Professor, take it from someone who used to be a family financial and estate planner, if you are in your 70's and still heavily invested in equities that are impacted by stock market fluctuations, you need a new financial adviser.
But yeah, what VP said. We listened to the constant moans of "uncertainty" through eight years of steady market growth, but now that we can't be certain of anything from morning to afternoon, we hear nothing from those people. Hell, a couple of them don't even stop by any more. Too busy basking in the glory that is #MAGA, I guess.
The honeymoon is over...Professor Fate wrote:QR_BBPOST Spoke too soon didn't you?
The Dow closed down 425 points, or 1.7%, after opening with a 130-point gain. At its worst point of the day, the Dow was down more than 600 points.
The Dow has fallen for the past five straight days — its longest losing streak in more than a year — and has given up its gains for the year.
http://money.cnn.com/2018/04/24/investi ... index.html
"How stupid is our country?"