Blip, correction, or crash. Monday’s market opening should be interesting.
I’ve been listening to some guys that are SMEs when it comes to the laws of economics and some are saying they expect a full on crash in mid September.
But who knows . . . when you amass the debt we have in just the time Barry has been in office one day the house of cards will far. It’s just a question of when not if.
It was a great Tax Loss Harvesting opportunity for me.
I got to reset the cost basis on a bunch of my taxable holdings and I got to get an interest free loan from the US taxpayer.
I am actually hoping that it keeps going down until at least mid-Sept so that I can TLH again back into my preferred funds and lock in even more losses.
When life gives you lemons, make lemonades.:lol:
Good time to buy!
Popping popcorn…
…QE Infinity, bitchez!!!
In all seriousness, I’m praying/hoping/wishing the PPT can keep the wolves at the gate until at least this time next year.
One solid year would be a nice period to get my house in order.
That being said, the writing for the dethronement of the almighty dollar is in neon pink all over the wall.
If I could predict whether this will go down Deflationarily vs Inflationarily, I would be getting better sleep for sure.
The dollar is the prettiest house in an ugly neighborhood. I don’t see gold, the euro, the yuan or any other currency challenging it in the forseeable future.
But…but Glenn Beck said…
Chinese ripple effect and the result of them intentionally devaluing their currency to keep prices low. Hooray global economy.
We should call it the “China Syndrome.”
This… people have been claiming the demise of the dollar “is just around the corner” since 1974. The simple fact is there is nothing that can replace it right now.
Exactly, the end of QE is what caused the crash. The knowledge that the liberal’s favorite “pump priming” program did NOTHING to improve the economy will not be mentioned in the media.
At this point, they might as well keep going with it.
Can-Kicker 9000 (patent pending)
Hottest Fat-Chick at the club, my man.
I think that is what held us up through out the whole drama with the Chinese market taking a dive, everyone who could got out of yuan in in to dollars.
I think the ripple effect is going to break them in the long run, they have been manipulating the value of their currency and hit a big bubble and now they are screwed.
Space credits.
I would agree and in this case I’m betting my retirement on it being a hell of a reset and next week it will regain it’s losses and surge.
Selling off doesn’t mean your out of the market, just adjusting your investments.
In all honesty, there really are more pressing concerns we should be focused on.
Deez Nuts
Bruce Jenner
Is the dress white or blue
How to mitigate “privilege”
Brangelina
Confederate Battle Flags
Just sayin.
^^^^This. Interest rates can only go one way at this point. I am surprised a correction hasn’t happened sooner.
Negative?