Liberal Forum

"Most People Don’t Care About The Markets

The wealthiest 10% of Americans own 93% of all stocks. Only 21% of American families own any shares directly. Another 40% own at least some shares indirectly through retirement programs, but their holdings are tiny – Nearly insignificant. Who actually cares about stocks? The vast majority of the populace does not. They might see stock indexes as an indicator of economic stability (this is an incorrect assumption), but they aren’t scrambling to adjust their portfolios right now.

In terms of market players, global corporations and banks benefit most from government and central bank interference in equities, not Joe Dirt or Jane Dirt just scraping by month-to-month, hoping for a modest house and a tiny stipend in a 401K. Is this a terrible indictment of “capitalism” and free markets? No. My point is that most of the people freaking out about tariffs and the markets are generally people who have large investments, or a political agenda."

https://www.zerohedge.com/economics/tar ... -globalism
 

Fuelman » 09 Apr 2025, 10:26 am » wrote: ↑

09 Apr 2025, 10:26 am

Skyping with financial advisor on Friday, will be interesting to hear his take.
Last year he told us to spend more money, we didn't of course. After a decade of working 50-65 hours a week for both the wife and I and saving as much as possible, it's not easy to turn off the frugal thing. What we did in a 15 year period usually takes a couple 40-50 years to accomplish if ever. It's amazing what you can do with a diploma from Stoner High.

I hope your forecast is wrong, a lot of people going to experience considerable financial pain. 

The Wife's professional license is good for another 7 years here in Colorado, I might have to smack her in the *** and have her go make some more money. 

The tariffs are the pin that pricked the bubble. The bubble was always going to implode.

I believe the market will find its FINAL BOTTOM before Trump’s term expires between 2100-2500 SPX, with an expected range at 2200-2380 SPX

But there is a chance we rally to 6600~ as a final blow off top. I am unsure. 

 
 

LowIQTrash » 10 Apr 2025, 2:29 pm » wrote: ↑

10 Apr 2025, 2:29 pm

The tariffs are the pin that pricked the bubble. The bubble was always going to implode.

I believe the market will find its FINAL BOTTOM before Trump’s term expires between 2100-2500 SPX, with an expected range at 2200-2380 SPX

But there is a chance we rally to 6600~ as a final blow off top. I am unsure.

trump will devise another crash.

 

LowIQTrash » 10 Apr 2025, 2:29 pm » wrote: ↑

10 Apr 2025, 2:29 pm

The tariffs are the pin that pricked the bubble. The bubble was always going to implode.

I believe the market will find its FINAL BOTTOM before Trump’s term expires between 2100-2500 SPX, with an expected range at 2200-2380 SPX

But there is a chance we rally to 6600~ as a final blow off top. I am unsure.
 

No... I don't believe that's true unless something "else" happens... and I couldn't tell you what that might be exactly.  BUT, if the Republicans pass the tax reduction extension, and if Trump starts to come to deals with the 70 trading partners out there willing to agree to a NEW free trade act...  and the fed starts to lower interest rates to ward off recession... and ALL of that is likey... THEN, I don't see a recession... and then, it would take a serious external disruption (like China invading Taiwan)... for the stock market go lower than it already has... AT LEAST until the NEW American boom... has run it's course

ConservativeWave » 10 Apr 2025, 4:33 pm » wrote: ↑

10 Apr 2025, 4:33 pm

No... I don't believe that's true unless something "else" happens... and I couldn't tell you what that might be exactly.  BUT, if the Republicans pass the tax reduction extension, and if Trump starts to come to deals with the 70 trading partners out there willing to agree to a NEW free trade act...  and the fed starts to lower interest rates to ward off recession... and ALL of that is likey... THEN, I don't see a recession... and then, it would take a serious external disruption (like China invading Taiwan)... for the stock market go lower than it already has... AT LEAST until the NEW American boom... has run it's course

I think at this point you should shut the **** up.

Blackvegetable » 10 Apr 2025, 5:13 pm » wrote: ↑

10 Apr 2025, 5:13 pm

I think at this point you should shut the **** up.

SOMETIMES... the TRUTH stings !!

DOESN'T it ??