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Diane S
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DOW down 800 points today

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  • DOW down 800 points today

    The yield curve inverted (short term bond yields are higher than long term bond yields) which has always soon been followed by a recession, and with economies slowing around the world a selloff ensued. Trump wants to blame the Fed Chair Jerome Powell (who Trump appointed, reportedly because he considered Yellen "too short" for the job), but voters don't know who he is, and the President always gets the blame.

  • #2
    Down 3.05%. I'm not ready to run in circles and wave my arms in the air yet.

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    • #3
      Originally posted by Ronson View Post
      Down 3.05%. I'm not ready to run in circles and wave my arms in the air yet.
      So when will you buy into the stock market, or are you waiting for it to drop another 5% or more? Either way, I'm sure the White House clown is delighted at being able to pick up some bargains on the stock market, and the White House princess must be delighted to be able to import more clothing from China at an even lower price after the White House clown devalued the Yuan.

      ... always look on the bright side of life - Idle Cleese

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      • #4
        Originally posted by Aagcobb View Post
        The yield curve inverted (short term bond yields are higher than long term bond yields) which has always soon been followed by a recession, and with economies slowing around the world a selloff ensued. Trump wants to blame the Fed Chair Jerome Powell (who Trump appointed, reportedly because he considered Yellen "too short" for the job), but voters don't know who he is, and the President always gets the blame.
        You don't understand what you posted. The size of the list of variables in the economy is huge.

        The correlation coefficients have shifted. Our oldest son had Pepsi trading at $1.96 in his trust account when he was born. It is at $129.00. Market outsiders like yourself are good for drama in an August correction which I mentioned a week ago

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        • #5
          Originally posted by juglans1 View Post
          So when will you buy into the stock market, or are you waiting for it to drop another 5% or more?
          It's called "not panicking" over a 3.05% drop. Alarmists love to panic.

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          • #6
            Originally posted by Nouveau View Post

            You don't understand what you posted. The size of the list of variables in the economy is huge.

            The correlation coefficients have shifted. Our oldest son had Pepsi trading at $1.96 in his trust account when he was born. It is at $129.00. Market outsiders like yourself are good for drama in an August correction which I mentioned a week ago
            sorry, cowboy, but your long history of naked dishonesty and cheery-picking data means no one will take you seriously.

            I hate to break it to you, but when people side with you they are just trolling.

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            • #7
              Originally posted by Nouveau View Post

              You don't understand what you posted. The size of the list of variables in the economy is huge.

              The correlation coefficients have shifted. Our oldest son had Pepsi trading at $1.96 in his trust account when he was born. It is at $129.00. Market outsiders like yourself are good for drama in an August correction which I mentioned a week ago
              So when are you taking over as the Most Interesting Man In the World?
              Reborn in Spirit and inspired by God's grace, I welcome all, love all, and seek justice for all.

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