General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhat is different about this plague crash. The rcovery is . . . 'stunning'
hmmmmmmmm?
https://mail.google.com/mail/u/0/#search/barry/FMfcgxwJXLntpwFmkGDckTHDsRcxzNnM
https://ritholtz.com/2020/08/ranking-covid19-crash/
Squinch
(50,993 posts)at140
(6,110 posts)That is just paper profits. Not economic recovery.
Generic Brad
(14,275 posts)Sometime....before the end of this year....I think they will pull out all at once and the market will crash down below Covid plunge levels. And the rest of us suckers will be left holding the bag and getting wiped out.
empedocles
(15,751 posts)at140
(6,110 posts)I can't afford the risk at age 80 to hang on.
Economy will be very slow recovery lasting 5-6 years.
Generic Brad
(14,275 posts)Ive got all my spare money sitting in a brokerage account. I pulled out a month ago. At this point Id rather preserve my capital than risk an enormous loss.
at140
(6,110 posts)to pick up in October. But will definitely be a speculation for market to go higher with Santa rally.
ProfessorGAC
(65,159 posts)And, down 0.017% YTD.
The fed infusion managed to minimize losses but did little to foment real growth.
We're going on a full 67% of a year and index funds have basically made nothing this year.
Desert grandma
(804 posts)Watch what happens after the election. I think we will have a YUGE crash. President Biden and his administration will have their work cut out for them to restore our economic health, among many other major problems. Our financial advisor told us that that is one of the reasons that the value of gold and silver have sky rocketed.
roamer65
(36,747 posts)The M1 money supply is actual spendable cash in the economy. Inflation is about to make a BIG comeback.
uponit7771
(90,359 posts)misanthrope
(7,422 posts)and Donald J. Trump's nature is destruction.
Nevilledog
(51,186 posts)uponit7771
(90,359 posts)misanthrope
(7,422 posts)I'll have to grab this one.