What the hell is going on with the stock market?

[Geek Nasty]

I bought the notion that this was a correction for wage increases (because you know Wall Street hates seeing the slaves get paid, that means less profits). But, this is something different altogether. Somebody knows something. I don't know if this is Trump related or what, but there's dirt about to drop.
Glad I dumped the shares I wanted to sell a couple weeks ago

 

[FAH1223]

 

[Hawaiian Punch]

informative

 

[ExodusNirvana]

Stack chips and wait for the bottom

 

[Colilluminati]

This isn’t Obama’s market any more right ?

 

[Dr. Acula]

This isn’t Obama’s market any more right ?

I don't know. Trump did finally pass an economic policy after not passing any during 2017 with the tax bill and they did sign on for a bunch of spending on top of increasing the deficit while decreasing tax revenue in the above mentioned tax bill and in the upcoming budget bill.

Perhaps your witty alt-right twitter and ***** created quips can shed light on this dynamic further.

 

[Robbie3000]

I only save for the longterm so it doesn't really matter, but I looked at my 401-K like

I've lost stacks on stacks on top of stacks.

 

[Geek Nasty]

This isn’t Obama’s market any more right ?

Hannity passed it right back to Obama after that drop last weekend. Republicans don't care about deficits, but I guess Wall Street does. That -$1,000,000,000,000 has to come out of somebody's ass.

 

[88m3]

Having a lunatic as a president and the market cycles coming due.




I liquidated all my stocks and etfs in early December.

I personally really don't see meaningful returns in the stock market.

 

[Robbie3000]

We have had an year expansion cycle. We are due or overdue for a contraction.

Nothing as bad as 08 hopefully, but we are overdue.

 

[MoneyTron]

Good thing is, the economy itself should be fine. Any smart investor had to know that the fun times were going to slow down sometime. The market's run since Trump's inauguration has been insane.

 

[Json]

The stock market going up really high wasn't really based on anything except speculations. They got their tax cut. What else is there to speculate on to pump up numbers?

Might as well go down based on speculation.

 

[re'up]

We All Have a Stake in the Stock Market, Right? Guess Again

This isn't an explanation by any means, but interesting piece. I do own some stock, privately, and in a mutual fund, but I am not really concerned, as I am thinking long term.

 

[Geek Nasty]

The stock market going up really high wasn't really based on anything except speculations. They got their tax cut. What else is there to speculate on to pump up numbers?

Might as well go down based on speculation.

Oh I agree. The stock market is pure fukkery anyway. My concern is that it's been dropping so fast. And if this shyt implodes, wait for all the free market libertarians to start crying for Big Daddy Gubmint to come save them, just like in 2008. Pussies on CNBC in tears begging for a bailout

 

[¯\_(ツ)_/¯]

This isn’t Obama’s market any more right ?

The stock market boom was based on Trump and a Republican majority because investors and business owners saw opportunity in tax cuts and deregulated markets. Trump gets all the credit for the Dow boom . He had no problem with its growth so he now has to own the decline.

Also, the tax cuts might be overheating the already healthy market.