2018's stock market gains wiped out/ stocks down 550 points today

video time 5:30 this appears to be a GLOBAL slow down , and not just a us stock tumble, as oil is tanking and thats a sign of recession is ahead
as the fed is still signaling a interest rate hike this December. all this on top of a bloated stock market..has it ran out of steam and is it all down here from here

http://watsupamericas.com/news/2018s-stock-market-gains-wiped-out/

 

You may want to make another thread about this.

 

hey what about the bears are feasting on the bulls today, that would be a cool story

 

folks just swallow the bitter red pill and get out the fake 401k matrix stock market wonder land you been living in the stock market its about to fall apart
video time 1:38
now no dead cat bounce to save yah either

 

401Ks are not savings. Most who have them are not savvy enough to be investors. They are there to be fleeced, by design

 

That is why they are limited to managed funds and mine has done me VERY well of time. Anyone who does not take full advantage of a 401k with a company match is fleecing themselves.

 

Hang in there. Trump will explain why this is a good thing he did and how it's going to benefit you in the long run.

 

Yep. Plus, if this had happened under Obama, the usual suspects would be screaming as to how the Kenyan socialist was destroying America. Nevermind that this , like 2008, is a GLOBAL slowdown, over which the US president has little control.

 

Too much debt personal and corporate.

 

For once, I agree. If you don't contribute to your 401k you are leaving money on the table.

With that said, there is plenty of fleecing going on in the 401k industry, through high fees, managed instead of index funds, front loads etc. The deck is stacked against the worker.

 

come on this is a global meltdown yah cant blame it all on trump here

 

He was more than happy to take credit as it rose, now he will have to swallow the consequences of a fall.

 

he can always blame the fed and interest rates rise

 

R's in control. Last time it took them 6 yr before a crash. We're not 2 yrs in yet.
But we have reduced revenue and did increase spending. Same recipe as what led to 2008.
Now we have increasing interest rates.
Higher prices due to tariffs.
Lower exports due to tariffs.
A slow down in the economy.

 

oil is also pushing the market down further putting a weight on the market video time 2:12

 

Lol...I see that the turd polishers have found the latest meme to distract from the failures of their great orange hope.
What did you think was going to happen if you let a guy known for his serial bankruptcies and corrupt business practices lord it over our country's economic thinking?

 

The moment Trump gets elected, the stock market goes through the roof, the moment the investing community anticipates that the libs would win the House, the stock market collapses... What a coincidence.

 

Thanks democrats.

 

Wait, the Dems took the house in January of 2018? Who knew!!

 

Not at all but the thought of dems in charge is spooking investors big time. Thanks democrats.

 

So the slim possibility of Dems taking the house in early 2019 spooked investors in January of 2018? Sure, keep up with your rationalizations. I hope for your sake that you are not trying to time the market based on your political convictions.

 

This has been year 1 of Trump's economic agenda. Tax cut for corporations, literally stop taxing international profits, tariff everyone, then rip up Iran deal and threaten allies.

 

What happened to the Trump economic miracle of getting to over 4% growth?

 

The falling farm prices twas the first clue and always is..