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The rate cut which did nothing more than to undermine confidence in the economy.


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It's funny how he hopes for negativity since he retired because he isn't hearing negativity daily..So he projects it..Text book right spin.. hahahaha

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3 hours ago, Zambroski said:

Rebound coming.  Billions being made and profits being taken right now.

How is that virus thingy going tho?

:lol:

 

The market is fucked

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Just now, Redheaded Stepchild said:

 

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Not really, corrections happen all the time and recessions hit less often.

Its really not all that complicated, but timing the markets over the long term is a fools game when the best in the industry can't.

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4 minutes ago, ArcticCrusher said:

Not really, corrections happen all the time and recessions hit less often.

Its really not all that complicated, but timing the markets over the long term is a fools game when the best in the industry can't.

Recessions happen on average about once per decade. This one is right on schedule.

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2 minutes ago, motonoggin said:

Recessions happen on average about once per decade. This one is right on schedule.

No it's not just a recession, it's the end of capitalism as we know it.  :lol:

The smart people don't have all their wealth in the markets and will continue just the same during a recession.

 

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7 minutes ago, ArcticCrusher said:

No it's not just a recession, it's the end of capitalism as we know it.  :lol:

The smart people don't have all their wealth in the markets and will continue just the same during a recession.

 

It could be the beginning of the end. 

The last time these conditions existed, we almost had a socialist revolution that was only halted by FDRs policies.

 

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  • Trying to pay the bills, lol



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