50% return today. Maybe a good time to short this roller coaster stick.
2022 Stock Market
- Thread starter BCClone
- Start date
I'm pretty sure it's gonna take a long time to recover from today. Hopefully the entire market crashes for a fire sale.
Dow down 1.5% today? We've seen that before quite a lot. Why do you think it will take a long time to recover?
I can see a bear the rest of the winter or until Omicron burns out.
I think the inflation scare is more of the problem than Covid right now. I don’t think Covid is scaring people right now like it did early on. People are still going out and doing things, even here in the northeast. With December inflation month over month, or more normal, we may be getting over that hump now too, especially as production ticks up and supply chains get to pre Covid levels.
Because my luck sucks! I just have a bearish feeling. Hopefully I'm wrong.
Most have, the market has been a mess since mid November. Not good.
It's a multitude of things coming together in my opinion:
- uncertainty with the size and frequency of rate hikes
- supply chain still sucks
- labor market. JP Morgan stock dropped 6% Friday because of their fear with wage inflation. If the biggest baddest bank in the world is worried about wage inflation, how will that do for small mom and pop businesses?
- covid isn't quite gone yet
Granted he's typically bearish.
www.marketwatch.com
‘Good luck! We’ll all need it’: U.S. market approaches end of ‘superbubble,’ says Jeremy Grantham
The U.S. is approaching the end of a 'superbubble,' potentially leading to the largest markdown of wealth in its history when pessimism returns to rule...
www.marketwatch.com
I don't think inflation is going anywhere soon. We had suppliers that raised prices in November, December and January, and are already warning that more are coming.
It's times like this that I have to do a reality check. My retirement income is at 1.5x as much as it was just two years ago. It's double of what it was 5 years ago. I'm more worried about inflation eating into my assets.
The Fed is going to have to raise rates 3-5 times this year to tame the inflation beast.
JPow just started his second term -- time to raise the Jolly Roger.
Could lead to a (gentle, albeit, I hope) double-dip recession depending on how it goes.
This stuff takes time, though. We're far from out of the woods. Some of the economic disruptions associated with the Great War in the 1910s were contributing factors to the Great Depression in the 1930s.
JPow just started his second term -- time to raise the Jolly Roger.
Could lead to a (gentle, albeit, I hope) double-dip recession depending on how it goes.
This stuff takes time, though. We're far from out of the woods. Some of the economic disruptions associated with the Great War in the 1910s were contributing factors to the Great Depression in the 1930s.
We’re not going anywhere good while 2500+ Americans are dying every day for weeks long cycles.
Yep. Lots of headwinds out there.
Wait until Uncle Vlad goosesteps his way through Kyiv here soon.
Fed has supported market since 2008. Never let it be a market again. Let that sink in.
