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originally posted by: chiefsmom
Dang it!
I need the crash to hold off until spring, when the steer/cow/bull, whatever you call it gets butchered.
Then I will have plenty to eat, so I wont care. LOL
Seriously though, I don't know much about the market and such, but I don't think there is much cause for concern, yet, is there?
originally posted by: abe froman
a reply to: anonentity
Doesn't the market take a beating every time the Democrats get some power?
originally posted by: abe froman
a reply to: anonentity
Doesn't the market take a beating every time the Democrats get some power?
originally posted by: eManym
The recent rise in stock prices were because of corporate stock buybacks, which resulted from the Trump tax cuts. This was only a short term fix. Now that the Fed has a surplus of interest rates, it gives them something to lower to stimulate borrowing.
originally posted by: St Udio
i'm still waiting for the real action to start... I have no FAANG Stocks or high tech, bubble priced stocks that are almost 100% of the 3000 point losses thus far experienced...the fistful of Defense Industry stocks are also around ~15% down in price-- but that is not ~crash~ territory
alas, just more of the same elusive 'crash' that amounts to just a 'wimper' instead of the Major Paradigm Shift we all awaited...
originally posted by: burdman30ott6
a reply to: anonentity
This is looking like the dot com crash of the late 90s. Tech giants are getting eviscerated and they have nothing but their own hubris to blame for it. Apple, Google, Facebook, Amazon, Netflix... all companies that could easily go the same route as past titans like Netscape, IBM, Yahoo, Myspace, and AOL.
originally posted by: abe froman
a reply to: anonentity
Doesn't the market take a beating every time the Democrats get some power?
originally posted by: Archivalist
"The Crash"
Yeah, ok.
What people think is happening: The government and panicky investors made bad decisions and now everyone is paying for it.
What is really happening: Foreign treasuries and large share foreign investors, in an attempt to subvert US trade dominance have been preparing a large siphoning out of US bond and share investments. As larger economies of scale emerge, viable markets for conversion exist. Those foreign entities are cashing out all of their old US investments and not renewing. This causes instantaneous market sags, but they are forced. As one smart guy gets rich, ten dumb guys do too.
In a minor amount of time, I expect some heavy reinvestment, because most of the companies people WANT to invest in, as soon as they "make it" are all US companies. Chill, this will fix itself.