Things were going great under Bush - until they didn’t. If you’ve read or seen “The Big Short” you’ll know that even though they nailed the housing bubble and how it was going to blow up, they almost lost their shirts because it took longer than expected to blow up.
Everyone will say this time is different and the market will rise for the foreseeable future until the trigger happens and the market crashes, which is when everyone will say how the weakness was obvious.
Didn’t want to start a new thread, so figured this one would do.
Apple halted trading today. Why? Because their numbers are so bad they have to adjust their guidance. Why are their numbers bad? Because China, and trade wars.
AAPL is done 7% in after hours trading. Tomorrow will be interesting since they are clearly not the only ones affected.
S&P, Dow and Nasdaq all down for the year. And way down since their peaks. Not a crash yet, but we’ll see.
Yup. Every analyst half worth their weight in salt is now looking for other companies which are heavily exposed to the China market, putting their short orders in as we speak. Yeah, tomorrow ought to be interesting.
You must have missed the .
Still, much of what I read is by optimists who are sure that the economy is so strong that nothing bad is going to happen - and who didn’t expect a drop this year.
Is trade the trigger? We’ll see.
The total return on the S&P 500 in 2018 was around -5% (reinvesting dividends) so you either invest in something much riskier, did some trading that didn’t work out, or congrats on the $4+mil 401k.
Mixing politics and investing is a bad idea. Everyone is entitled to their political opinions. But the chance of a typical retail investor successfully applying their politics to decide what the market is going do is slim. The public political news and views one uses to do that are already known by everyone else, they are already reflected in market prices. If somebody has a secret ‘in’ to top decision makers, or eg. they will get tipped off when Trump is really going around the bend, before the market finds out, then OK, assuming legal and ethical to use that info.
Otherwise it’s better to forget your politics if you can when making investment decisions (as far as market up/down, if you really want to invest in a ‘socially responsible fund’ due to politics that’s OK if it’s not excluding too much and upending your diversification).
I definitely don’t have $4+mil but I do have over $1Mill. And I misspoke: My rate of return for the 4th quarter was -14.7% (down about $200K), not year. For the year, I’m down -9.15% with a loss of $125K. I am on the higher risk side since I do have a mix of international, large, mid, small index funds, real estate, bonds and guaranteed. However, like I said, I’m not worried. I’m still buying and when they all go back up, I’ll be fine. I do plan to rebalance a bit this year and start moving to safer forms.
Following are the average annual gains (Feb-to-Feb) in the S&P-500 index for each 4-year period since Grant. Since red/blue are used as party colors AND as bear/bull stock market codes, it seemed fun to note that the worst 4-year decline and four of the five 4-year (red) declines since Wilson occurred when the President was also red.
Give the Orange President some credit: the stock index hasn’t fallen on his watch. Yet.
How’s that deregulation working out for all y’all?
If the 14.5% average annual growth during Clinton’s 8 years and Obama’s 8 years show a “dragged” economy and growth “held back” I’ll eat your MAGA hat!
The Right really overestimates the drag regulations impose upon an economy. Standardization, employee and customer protections, even to the basic setting of market rules, all of this and more contribute to the growth and stabilization of a country’s economy.
Lol, Fed Chair Powell says he’ll ignore it if Individual-1 asks him to resign. That… an open fight between the Fed and the President… will bring stability to the markets, that’s for sure!