And back to the copout tantrum.
-
Welcome to Baptist Board, a friendly forum to discuss the Baptist Faith in a friendly surrounding.
Your voice is missing! You will need to register to get access to all the features that our community has to offer.
We hope to see you as a part of our community soon and God Bless!
More Winning--Stock Market Edition
- Thread starter InTheLight
- Start date
And back to the copout tantrum.
Not Neocons
LOL! you guys are calling people neocons?
You are definitely not consertatives
They are. A little too great. I'd love to see some more competition for them.
China starts their retaliatory tariffs today. Yay, Mr. President--"Trade wars are easy to win".
Just keep removing value from people's 401k's and IRAs. That will make them forget they ever got a tax cut. Good moves.
Just keep removing value from people's 401k's and IRAs. That will make them forget they ever got a tax cut. Good moves.
The raw number is not very meaningful. The percentage change is what should be looked at.
Furthermore, the Dow is not a good indicator because it does not track several of the largest capitalized companies in the US like Amazon, Google, Facebook, and others.
S&P was up 1.26%, fairly decent, but I would not call it "very good", especially after yesterday's lousy -2.67% decline.
Sent from my Pixel 2 XL
Last edited:
So, market down 572 points (2.34%), which pretty much wiped out the paltry "gains" made the past couple of days. A net loss for the week, too.
The loss today came after Trump said last night he wanted to put $100 billion of new tariffs on China.
Sent from my Pixel 2 XL
The loss today came after Trump said last night he wanted to put $100 billion of new tariffs on China.
Sent from my Pixel 2 XL
A net loss of what? What exactly are we to be so worried about?
The Dow index is lower at the close today than it was at the beginning of the week. Overall, the stock market index is back where it was at last October.
The trade war escalates. Trump continues to slap tariffs on Chinese and other nation's products. Other nations retaliate. Prices go up. Inflation starts eroding buying power. The benefit of the tax cuts are eaten up by increased prices on everyday products.
People slow down on buying stuff. Because of new, retaliatory tariffs we can't export many of our products. People start losing their jobs.
Consumer confidence starts to decline. The stock market languishes or even declines. The Republicans lose the House and a couple of seats in the Senate. Impeachment proceedings begin. The nation is paralyzed.
Sent from my Pixel 2 XL
Last edited:
How much lower? I realize the sky is falling, I just want to know how far it's fallen this week, so I can properly allot my panic.
Why don't you look at your portfolio statements from 12/31/17 and compare to your statements you just received from 3/31/18 and, oh...never mind!
Sent from my Nexus 7 using Tapatalk
Actually, the stock market is quite unstable, plunging and rising according to the confusion created by the White House and analysts.
The market hates uncertainty, and so does business.
For instance, I am preparing a bid today for a mullt-million dollar project to a government client, and the uncertainty over the near future price of commodities is making our bid quite high. All the other bidders are in the same boat. Therefore, the government agency is either going to have to postpone this desperately-needed infrastructure job, or pay a fee higher than their budget because of uncertainty, since I doubt any bidder wants to take the risk of losing millions of dollars.