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It's Official,Bear Market Territory for The World's Markets
They will blame it all on Putin and Cov-19 but we should know better.Only QE can make it better?
The S&P 500 fell into bear market territory Friday, slipping more than 20% from its record high and potentially ending the bull run that began in March 2020.
The designation comes on the heels of six straight weekly losses for the index and follows months of precipitous market drops. The S&P 500 has long been considered the most accurate measure of the nation's stock performance.
In the three years prior to this bear market, the index grew by 90%.
Democratic recession is apon us
Won't be long before it is time to buy. I don't think we are quite there yet. Bob
The DOW has now gone 8 consecutive weeks of decline. This is the first time it has gone that long since 1923. So right now is worse than the 1929 market crash, the 1930s Great Depression, Pearl Harbor & WWII, the 1987 market crash, and the hell of 2020. Checked your 401k lately?
Frankly, I have long felt that the market was vastly overvalued and a correction was long overdue. Remember the two dominate factors that drive the stock market are perception and greed.
I said that a couple yrs back. The baby has been thrown out with the bath water. Market is being hammered and not over yet. The Recession is coming and coming in a big way. Credit card debt and foreclosures will hammer the banks.
It will take a very very very long time to see stocks back to where they use to be. Experts are saying maybe a 4-5% gain rest of yr. if that headed into the recession.
Good week. Market gained back 1800 points
Yep,The Biden administration is begging China to open it's factories imports once again so they can buy more U.S. Bonds.I,think the run up in stocks is just a false rally to get pass the November elections. The USA cannot increase manufacturing to take affect here for at least 5 years to make a difference on imports/exports.
The national debt with inflation with no more oil production with sanctions against Russia is the biggest elephant in the room. If The E.U. cuts all Russia hydrocarbon imports then the stock market is a dead cat bouncing,
This last rally was inflated by Biden's hint he would drop trade tariffs against China which is not coming.
If the COVID nonsense taught us anything, it should be that globalization doesn't really work and should be viewed as DOA.
Ah ha no more free money to be printed. That inflation is hitting the stock market and everything else. Cost of goods will go up
The Dow gained another 400+ points today. Within 3% of where it was this time last year
Dow down huge today and not in good shape. Nasdaq has lost 25 % and it will be years before folks recover
You think? Well there's goes capitalism once again down the tubes! Time to close the casino and open up with the great reset and green new deal, you think? Total Socialism with a carbon foot print control coming for all.
Well at least for the poor debt ridden middle class with no jobs or a sound currency or a balance budget to bring back that new deal with build back better B.S. That The Democrats are pushing.
There are those who act as thought they want capitalism to fail so they can have the socialist BS where they can continue to be freeloaders and take from those of us who provide.
Stock market is not the best investment tool . Those who let others control their destiny can do so with risks as in our current world situation. Real estate rentals are inflation proof. An old article on the two Stocks vs Rentals. I got the bad pill in 2008 and had both investments. Stocks and Rentals. Went total rental afterwards and dumped the stock market. Rental investments out shine stocks .. by a huge margin.
Enjoy it while it lasts.Housing along with food & water will be first items to become top priority to become classified as non profit entities guaranteed by agenda 30 directive By The United Nations.They will be own collectively by The NWO protocols.
Agenda 2030: Planning for sustainable housing and green cities.
I listened to that podcast about 6 months ago. However those ideas are from govt controlled housing... not private sector.
Dow is up 300+ points already this morning. 🎉!
Horrid week. Dow is down huge with Consumer price index report. Inflation is out of hand and predictions only lower. I feel sorry for Mutual Fund folks that are near retirement. Their savings are crushed.
It's all about The New Green Deal and The World Economic Forum (NWO) with climate Change Mandates.The MSM will blame Putin &The Ukraine for all the misery now.And nothing about about Central Banks and the massive debt they have created by The stupid politicians voting for it all world-wide with Fiat currencies to line their own pockets and get out of Dodge & hide in locked gated communities for panic and lawlessness to happen and later enforce martial law and confiscate all firearms. Just watch!
The super rich will own everything and you will own nothing before it's over.
The world is facing one of its most important challenges - getting to net-zero emissions by 2050. Every year we are adding an unbelievable amount, 51 billion tonnes, of greenhouse emissions. We see tremendous support and momentum to solve climate change.Big corporations and governments are announcing climate pledges everyday, committing to do everything they can to accelerate our progress towards net-zero. Microsoft, for example, has committed to becoming carbon negative by 2030, and we at Siemens Energy have committed to becoming climate neutral in our own operations in the same timeframe. Governments are also showing the way - Japan has announced it aims to become net-zero by 2050.
Dow has been down the last 10 of 11 weeks. Nasdaq and S P no better.
Dow is down 15% from last yrs highs.. SP down 19% and Nasdaq down 30%.. not including the drop in the crush today...Nasdaq -4% SP-3% and Dow -2% plus When the FED adds the .5 % to the market expect another 10% drop across the board.. or more
Yep and now rumors are The federal reserve is going to raise a full whole 1% interest increase on their fiat ponzi scheme dollar bond! With inflation at over 10% it's like throwing a pail of water on A bon fire and hoping it helps? It's a joke! Of course the bonds are not AAA anymore. More like B- heading to c-.
They need another war to blame it all on China this time around. 😁
Folks 401 retirement funds have been crushed.
Yep everybody on welfare now,school teachers,bus drivers,construction personnel etc... It's always been told to invest over time and never be a timer trader,what a joke,the sheple have been sheared once again! It's travesty to think politics will save you from the stupid stock market's casino investments. The woke had their eyes wide shut!
Wait, old Joe Biden is going to to talk in person to the oil sheiks in July.He will save the day for the middle class workers who are the lost broke sheep in the flock and open the borders to have an invasion of illegals to calm the storm.
Nasdaq down 34% SP down 21% Dow down 20% from all time highs. More bad news tomorrow