G
Geo
Well-known member
WTF is going on?
EVERYTHING is down heavy before the market is even open.
EVERYTHING is down heavy before the market is even open.
I don't know man, I hope you are right.Kameltoe's upcoming installment and coronation.
As soon as it was announced Bozo Biden was out, and Kameltoe was in, mid-July, the markets have been falling. We've had 2-3 of the worst days since 2022, and there's no end in sight. I managed to not have a net loss for July, but I'm on the way to erasing all of my 2024 gains.
Markets fall further and faster than they rise and recover. Another down month in August, will take several months to get back to mid-July highs...
it's going to get much worse.
It's not yours until you are holding it.10:44 AM Eastern; dow is down -1,074.21 (-2.70%); NASDAQ down -3.68%
Enjoy the decline.
This is the result of Bozo Biden's policies; the ruling parasites couldn't prop up the economy any longer, they just delayed the correction, making it much worse: either a prolonged recession or a depression are in the works.
If this keeps up today, I'll be down significantly for the year. Any reversal will be small, and recovery will be slow.
This + recession fears + uncertainty on fed interest rate decisions. People are holding onto their money vs investing (investing in something else). Enjoy the decline is right. I recently (last year) put about 1/3 of my retirement account into insurance annuities for this reason. They may have less upside, but they have downslide protection - which means hopefully I lose less than I would otherwise.Kameltoe's upcoming installment and coronation.
As soon as it was announced Bozo Biden was out, and Kameltoe was in, mid-July, the markets have been falling. We've had 2-3 of the worst days since 2022, and there's no end in sight. I managed to not have a net loss for July, but I'm on the way to erasing all of my 2024 gains.
Markets fall further and faster than they rise and recover. Another down month in August, will take several months to get back to mid-July highs...
it's going to get much worse.
As someone who put the majority of investments in assets, it's really only making my position stronger.