Stock market: Worst December since GREAT DEPRESSION

[MOTHERDUCKER]

Isn't the Fed meeting tomorrow? get ready for it to bounce or drop drastically

[HOUDINI563]

Suspect the Fed will announce a December rate increase but that’s already been built into the market already. The language used for the expectations for rate increases in 2019 will dictate if the market tanks further or gets a bump. I would expect language which indicates softening and with it a dovish approach next year in terms of expectations. If “dovish” enough the market may bump short term significantly.

[Eddy Current]

Hopefully the Dow crashes all the way to 15,000. Then I can REALLY start buying!!

[flipbjefrox]

I remember the days where trump supporters would use the stocks as proof that the tax cut is working lol

[Don Pichardo]

Awesome!! Time to buy!!

Yup
But Don’t buy too much. Your gonna need money to save your house when you lose your job...

[HOUDINI563]

This is potentially true.

Issue is if we are thrown into a recession what Trump did by giving a huge tax cut to the rich financed by debt will come back to haunt us. Our govt will not be in position to prime the pump, via fiscal policy, to help pull us out of a downturn. A frightening and unprecedented position. Typically at the end of a long upswing in the economy debt would be paid down in ANTICIPATION of the downturn we all know will come.

[01samuelc]

lol at posters loading up on the decline. We are moving into a high rate environment, the easy days of buying the dips are over. On wall street the majority of traders started our careers after the crises and have no idea how to trade in a high rate/ high volatility background. I have always thought bitcoin was a function of easy money provided by central banks and voila the 'bubble' burst just as everyone started tightening rates. As retail traders your best bet is to wait for a strong market and then buy a lot/take excessive risk, smart money has no idea what's going on let alone you. Tip :stay on the sidelines.

[48cantCstraight]

Lol two bad weeks for the market and Hillary's eunuchs are ready to celebrate as if it's some kind of failure on Trump's part. You people are traitors who are desperate for America to fail, you should all be lynched after having to watch your mothers be raped by horses.

[Eddy Current]

Lol two bad weeks for the market and Hillary's eunuchs are ready to celebrate as if it's some kind of failure on Trump's part. You people are traitors who are desperate for America to fail, you should all be lynched after having to watch your mothers be raped by horses.

What a terrible thing to write. You ought to be ashamed of your disgusting mind.

[HOUDINI563]

48 or whatever you are.

Economic signals are what they are.

Trumps actions, totally unprecedented and AGAINST ALL economic thought and economic history, are what they are.

Neither paints a good picture.

We ARE in a bear market where any single word positive/negative causes gains/losses.

We ARE in a trade war with no signs of ending. Trade protectionism is a reason for the start of the Great Depression in 1929.

I am heavily invested in the market so want it to upswing. Trumps policies however are wrecking the market. Investors worry about the economic ramifications of a prolonged trade war and if this results in a recession HOW we will be able to pull ourselves out from it.

All valid questions.

It’s those like YOU that follow blindly a person who lies every single day and who has gotten us into this mess that are to blame.