It never stays down. Waddya think?
Ummm no, that’s the largest drop of the Dow for 2019. Percentage wise, that’s the forth largest drop of all time. With the inverted yield curve, statistically all of North America should be expecting a recession in the next 9-18 months. Don’t buy anything! Expect maybe some nice shoes.
No, that’s not good advise. Obviously if you have long term investments and don’t plan on retiring for another 10 plus year, it wouldn’t be a wise time to sell. It’s better to ride it out. But investing in something new right now...With what the trade wars potential (and has already started) to do to the global economy, you may as take your pay check and burn it. Way to go Trump :/
Well I personally have to have all my money :) at least I want to keep it.
I realize the stock market always bounces back. And while a yield inversion doesn’t always lead to a recession , a recession has always been preceded by a yield inversion. Given the state of the global economy, all signs point to a recession with in the next two years. I believe it will happen (I hope it doesn’t) and I do not plan on investing any more money into American equities, may as well burn my pay check, IMO.
Not when a 2 year bond is yielding more return than a ten year FFS. When usually stable markets are completely inverted what would make you think it’s a good time to invest in an unstable market? You people need to start watching more than CNN and fox.
I most certainly am not a chicken baby about it, but I’m also not an idiot when it comes to investing my money. I have the highest percentage amount legally allowable in my investment portfolio as a Canadian, invested in to American equity, because over time it typically performs better than Canadian equities. I’m not going to sell any of it off, so no I’m not a CHICKEN BABY. But I am pissed off at what your president is doing to negatively affect the global economy and on a personal level, my own investments. I find it hard to believe that you worked on Wall Street if your advise is” sell high, buy low” with out considering all the market factors and what is going on in the world right now financially ... but okay, if you say so.
I wasn’t to implying that you are lying. I was implying that you should know better considering your education and employment history.
Correct, so then why don’t you just agree with me so I can get back to discussing music and chicken babies, like a normal person.