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/biz/ - Business & Finance


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12202145 No.12202145 [Reply] [Original]

Brace yourself
Doom is upon us
Blame Trump

>> No.12202154

>Dow drops 508 points
>Lets blow up some oil fields

>> No.12202163

I don't own boomer stocks so I don't care

>> No.12202206

Implying Trump could’ve fixed anything

>> No.12202220

>>12202206
Nobody is talking about him fixing anything, but him contemplating firing Powell (which some people aren't even sure if he can do) shows a complete lack of faith in the fed and that will negatively impact market sentiment. Most things with the market the president has no effect on, this does

>> No.12202233

>>12202220
And you have faith in the fed?

>> No.12202245

>>12202145
>OP too retarded to know the crash is what people want

Bro its been unsustainable. Its time to start over. Go and talk to IRL people.

>> No.12202248

>>12202220
>Implying the market since 2016 has been mostly robots reading Trump tweets for good or bad sentiment.
>Implying fundamentals have actually had any importance for the last decade
Wew, lad

>> No.12202262

at this point I don't know whats worse... building fake housing like in china or throwing money into shit like goldman sachs, disney and such.

i mean take the other shitstocks that are in there like mcdonalds and apple, none of the mcdonalds employees and other low paid people can't afford no apple shit.

what else in there, oh walmart, a literal monopoly at this point.

yes just put in the peoples pensio and insurence money year after year. you know in china when everything goes down the drain, they at least have some empty houses to show for it, while in the west you will be starving and freezing in the streets.

>> No.12202267

>>12202220
Wtf I love Trump now

>> No.12202296
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12202296

>For the next six months I learned the ways of Wall Street. That fall I passed my Series 7. Finally it was here. My first day as a stockbroker, a future Master of the Universe.

>> No.12202312

What doesn't help is the trade war, combined with the tax plan congress passed last year, and the Fed constantly hiking the interest rate then saying they will do it at least two more times next year. Combine that with a market that was overinflated and in desperate need of a market correction. They are already predicting a recession in 2020.

>> No.12202314

It cannot be repeated often enough that you just need to zoom out a tiny little bit to see how insanely pumped up this coin still is since even 2016. It still needs a 50%+ drop at a minimum.

>> No.12202337

>>12202314
what coin do you mean, usd?

>> No.12202340
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12202340

>>12202145
we've waited long enough

>> No.12202481

>>12202337
Dow Jones Lite Gold Cash

>> No.12202919
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12202919

Can it finally fucking happen or are we gonna have these threads for the next five weeks.

>> No.12202953

>>12202919

I mean we're now at the lowest point for the DOW and S&P since mid-to-late 2017, so I think we've got the ball rolling now