Market is panicking about a recession when a week ago they were panicking that there would be too much growth that it wouldn't result in interest rate cuts.
Some folks are hoping for one, it seems. As is typical, these can be good buying opportunities for long-term investors.
I look at it long term. Since I still have a while before retirement, lower prices means I can buy more assets. Then when I do retire, I'll have more.
I'm always buying something even if it's just my 403b. When the prices drop, I'll add in some extra $$ to buy more. At some point today, I'll make some additional investments.
He is an omen. People have more money; people spend more; prices go up; people have less money; people spend less; prices come back down. Recessions are natural but theoretically preventable.
Better hope Gayed is wrong in scope. The next presidency got a **** sandwich ordered for them if they think they can burn a trillion in red every half or third of one year.
the only thing this wife beater knows about the stock market is that he doesn't understand it. today, the DOW index decline was as much > 1000 point, a ~~2.8% drop; as a point of reference, 1929 stock market crash the DOW index dropped 13% 1987 Black Monday crash the DOW index dropped 20% 2000 dot-com crash the DOW index dropped 76% 2008 Financial crisis crash the DOW index dropped 20% 2020 worldwide pandemic crash the DOW index dropped 13%
