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Anybody Buying Yet? Where’s the Bottom?

My crystal ball prediction. US markets are going to tank on Monday triggering circuit breakers.
Let's all hope so. Just my opinion, but I think we need major pain in short order to put a lot of pressure on Trump to change course.
 
Not a dumb question at all. My answer would be because Trump is following the playbook that caused the Great Depression.
I would elaborate....normally there's faith that leaders DONT want to cause a market crash, and want to take immediate measures to ease one.

The opposite is the case with Trump. Whether you think he flat out doesn't care, or thinks nothing he does can possibly be bad (the classic narcissist response), nothing inspires confidence.

Add to that his firing or purging anyone who cares to challenge his plan or even give him any bad news, and investors have no faith he'll see or acknowledge the need to alter any couse.

Investors can deal with what they expect us coming...when they can't even plan to manage risk they start going turtle.
 
The Kennedy’s got rich buying the Great Depression dip with worthless dollars with valuable stock

Also garbage stock is garbage stock. Quality is quality and worth buying and holding on to
I put all mine in during covid. Thinking about adding another chunk. Admittedly, I need to be adding all the time but the last few years we haven't been in a position to put much in there at the end of the day.
 
I put all mine in during covid. Thinking about adding another chunk. Admittedly, I need to be adding all the time but the last few years we haven't been in a position to put much in there at the end of the day.
It’s crazy how much more money I use to have in like 18-20 I haven’t bought much for stocks after Covid
 
I put all mine in during covid. Thinking about adding another chunk. Admittedly, I need to be adding all the time but the last few years we haven't been in a position to put much in there at the end of the day.
This is kind of my philosophy. I’m going to put as much as I can afford into the market until it breaks. I’m behind on my retirement savings, and buying in at low prices, even if it’s for the next couple years, will really help me out. I have another 20 years to ride it out. I guess that means I’m somewhat lucky.
 
This is kind of my philosophy. I’m going to put as much as I can afford into the market until it breaks. I’m behind on my retirement savings, and buying in at low prices, even if it’s for the next couple years, will really help me out. I have another 20 years to ride it out. I guess that means I’m somewhat lucky.
Yup, same boat. Same years.
 
Let's all hope so. Just my opinion, but I think we need major pain in short order to put a lot of pressure on Trump to change course.

I respectfully disagree. Trump did what was needed. Every major trading partner will negotiate which hopefully results in lower tariffs on US products and reductions on import tariffs as well.

We also need to cut federal spending back to pre Biden levels otherwise we will go bankrupt and then a global depression hits.
 
I respectfully disagree. Trump did what was needed. Every major trading partner will negotiate which hopefully results in lower tariffs on US products and reductions on import tariffs as well.

We also need to cut federal spending back to pre Biden levels otherwise we will go bankrupt and then a global depression hits.
K, maybe. But I don't think pissing off the entire world, including your closest allies is a good approach in achieving those things.
 
I respectfully disagree. Trump did what was needed. Every major trading partner will negotiate which hopefully results in lower tariffs on US products and reductions on import tariffs as well.

We also need to cut federal spending back to pre Biden levels otherwise we will go bankrupt and then a global depression hits.
If that happens this place will be stacked with sh*t bricks.
 
Isn’t this thread about making money? I expect to see some hunts getting booked on guys making money on the way down if your all so sure it’s gonna crash back to 08
It could so easily go either way that it would be terribly foolish IMO to make a big bet either way. One positive tweet and the Dow could rip 5,000 points in a week.
 

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