General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsStock market will see new reality and start falling Monday.
...would be my prediction.
For a week or so, they have had nothing but $$$ signs in their eyes. I suppose they will see much more clearly with the coming week?
Doreen
(11,686 posts)Remember the several billionaires and millionaires in with Trump? They are the ones who are deciding if all is good and the way Trump and them are spinning it it is all for them.
unblock
(52,243 posts)Amaryllis
(9,524 posts)kentuck
(111,098 posts)Trump could send us into a world-wide recession, with a few more executive orders.
calguy
(5,311 posts)From my 20 years trading stocks, I have learned that the market never does turn on a dime. I think the insiders are in the process of selling their positions to smaller retail buyers. They can't do it too fast because that would drive prices down before they liquidate. There's no telling how long it will take, but it will happen. I've already taken all my 401K money out and invested it in safer places. No one knows for sure what will happen or when, but for the next few years I think it's prudent to prepare for leaner times ahead.