The Economy

They don't have to get worse. They are being made worse by morons who don't care as long as they've got theirs.

 

Dow down another 651 so far.

 

Higher prices on everything and losing retirement money is what trumplicans voted for. To own the libs.

 

Pretty soon we won’t be able to afford even renting one.

 

Again, Trump had no power to make policy until Jan. 20. The second he started making policy, shit crashed.

 

Six of one, half dozen of the other. You theoretically are better off because of dollar-cost averaging (buying more shares when they are low and fewer when they are high) over time if you are making regular purchases.

 

I feel so owned, can we make it stop now?

 

What did Joe Biden and a lame duck Congress do to cause a run up? What did they do to help Tesla, which has a similar trajectory? The market moved because Trump was elected in anticipation of what would happen to the various companie making up stock indices. Just look at the charts.

 

Much of the run-up had to do with the earnings and jobs (+227,000) numbers that came out for that month . . . which does theoretically translate back to Biden administration.

 

I'm curious whether anyone has pulled out their 401k money en masse just to try to put it somewhere safer lately?

I've been thinking, more and more, that as soon as I am able to do so without penalty, I may be doing that.

 

remember this is necessary pain to if you're on board or if this is bad remember that joe biden did this

 

Imagine hating taxes so much you prefer a chaotic economy run by a madman which will lead to crushing of consumer demand.