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DO NOT LET THE FEAR PORN SITES CONTROL YOIUR THINKING.
You realize that this is still in progress? Big difference in "present tense" and "future tense". Look at every angle of outlawing sales of gas in blue states, to unachievable mileage ratings, to EV mandates, to extrmemely costly abatement technoligies and processes being applied to the regulated community (oil, coal). If this isn't a damned plan for destruction, I don't know what is.
3. Record amount of private investors now in the market-close to 60%. and that figure grows each year.
Most of my mutual funds have been earning on average 9--16% per year since 1990's the early 2000's and I am in moderate to low risk mutual funds.. Late last year into this year they earned way above that. One of my wifes MF earned over 30% last year
So have mine. But i am smart enough to diversify. And my portfolio trends back to the early 1980's. Funny though, you failed to mention 1987, 2000, 2008, and 2020. Those were 4 examples of gravity, that our fiscally ignornant government was able to manuever through with smoke and mirrors. But I ask you... You really think one of these upcoming corrections is going to be tenable?
Here is where we stand...
* 40K Dow- 50+% over sold
* $2400/oz Gold- record, and massively strong KPI that our currency is going through base de-evaluation.
* Debt to GDP ratio of near 150%. This happened due to World War 2, but the U.S. was blossoming and developing industrial power house. We recovered. That industrial base is gone now. When the debt bubble pops, its going to get ugly. AND.... do you see any government action right now attempting to reverse this?
* As the debt sprials further, watch other factions of nations convert to a different currency (i.e BRICS) Then watch us wither into a 3rd world economic power in about the space of 10-12 months
Way way above rate of inflation and lowering of the dollar.
My CFP says all his clients are overjoyed.
I know as much as my CFP, but he is smart enough to let his clients know that these are perilous times economically.
Yet there are some rw who just have to beotch about something. If Biden came out today and said he signing a law lowering taxes and govt regulations some of you would still find something to complain about.
Nothing like throwing a silly non-sequitur to provide cover to our political enemies.
Partisanship has become poisonous in this country.
Hey, you finally got one right. But realize that poison is at the behest of half our legislators wanting to take us over the cliff at a 100 different angles.
Eric Trump
@EricTrump
Perspective: Sitting front row attempting to figure out how any of this garbage from 20 years ago relates to “legal” bills submitted by a long time personal attorney being booked as a “legal” expense — but I digress.
To be clear, they don’t give a s**t about the merits of this case - the 15 Manhattan prosecutors are sitting at their table and behind in the courthouse pews, giddy by this salacious show. This is the intent, not the merits, nor the fact that this entire case is a massive extortion play.
11:42 AM · May 7, 2024
Just a quick note... High inflation increases stock values in terms of dollars. In other words, the less a dollar is worth the more of them it takes to buy something, including stock.
So stocks going up relative to the dollar isn't necessarily the good news you think it is.
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