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Thread: so. . .

  1. #1
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    Default so. . .

    what do y'all think happens in the financial markets tomorrow?

    throughout the week ahead?
    Simpler is better, except when complicated looks really cool.

  2. #2
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    Default Re: so. . .

    no idea, did I miss something?

  3. #3
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    Default Re: so. . .

    It’s been held at bay for so long. Crippling inflation or tank the market and put a bunch of companies under. They have to address the inflation. So my guess is knocking about 5 year’s growth out of the market.

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    Default Re: so. . .

    Quote Originally Posted by bluedog225 View Post
    So my guess is knocking about 5 year’s growth out of the market.
    might we call that five years 'the trump bubble'?
    Simpler is better, except when complicated looks really cool.

  5. #5
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    Default Re: so. . .

    Well, i hope for a bump tomorrow. Selling shares on Tuesday to fund the close on a house on June 24. Realistically, I'm spending big money, I always destroy the economy when I do that!. I have a way of making money when markets are increasing, and timing the downturns extremely poorly! However, at 62 I’m looking for the place to spend my final years. My parents and one of my sons have already passed away, I want to live with a view of lakes and trees. I also want my wife to be close to our grandkids.

    Ken

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    Default Re: so. . .


  7. #7
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    Default Re: so. . .

    There hasn't been truly good news for years but it took a pandemic , a war and a continuous series of natural catastrophes to get people's attention. I think they'll still be trading when they're commuting to wall street in row boats but how could it not be heading down? Programmed trading for large funds will help buffer the blows as it tends down but if I was an option trader I'd be shorting it. The thing that kills me is that I will watch it unfold before my eyes but have no alternate plan. Last time they called it Stagflation. Does that name still fit?
    One of the most enduring qualities of an old wooden boat is the smell it imparts to your clothing.

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    Default Re: so. . .

    “Folks, I beg of you not to do this thing…”

    Stay steadfast and listen to Jimmy.



    Jeff C
    Don’t expect much, and you won’t be disappointed…

  9. #9
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    Default Re: so. . .

    If this keeps up much longer, I may need to go back to work ( Just kidding. Hopefully.). My investments really have gotten whacked.
    Gerard>
    Albuquerque, NM

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  10. #10
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    Default Re: so. . .

    I'm giddy we might have our first California housing bubble burst
    This post is temporary and my disappear at the discretion of the managment

  11. #11
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    Default Re: so. . .

    I'm thinking we'll see a 3% or greater drop in the market and overall in portfolios today.

    Things are starting to look like a buying opportunity. Nice to have some free cash in the accounts.
    "The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails."
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  12. #12
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    Default Re: so. . .

    I got lucky. I play with crypto a bit. I sold my Bitcoin at $31,000 the day before it took a tumble. Crypto follows tech stocks, so it is currently sitting at $23,000.
    "If you think you are too small to make a difference, try sleeping with a mosquito"

    -Dalai Lama

  13. #13
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    Default Re: so. . .

    Trader!

  14. #14
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    Default

    Quote Originally Posted by Paul Pless View Post
    what do y'all think happens in the financial markets tomorrow?

    throughout the week ahead?

    I have no idea about today, this week, or even the next few months. I have a better idea about the next year or two.


    Sent from my iPhone using Tapatalk
    "Reason and facts are sacrificed to opinion and myth. Demonstrable falsehoods are circulated and recycled as fact. Narrow minded opinion refuses to be subjected to thought and analysis. Too many now subject events to a prefabricated set of interpretations, usually provided by a biased media source. The myth is more comfortable than the often difficult search for truth."







  15. #15
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    Default Re: so. . .

    The politicians in charge at the moment have to pretend to care more about the people hurt by inflation than the damage caused by rate hikes. Thank god. Beating inflation back to a level the average joe will see as ok is going to be tough. A half-measures show is what we will probably end up with.

    On the bright side, we have a lot of big trucks here, a lot. They were noticeably absent on the road today.

  16. #16
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    Default Re: so. . .

    Lots of challenges. 9 percent inflation in the nation and higher in california. Gas and food prices are going to knock a few more down.
    Last edited by Ted Hoppe; 06-13-2022 at 01:39 PM.
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  17. #17
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    Default Re: so. . .

    Quote Originally Posted by Ted Hoppe View Post
    Lots of challenges. 9 percent inflation in the nation and higher in california.


    And yet the 5th largest GDP in the world.
    And yet if the entire population of Michigan were to leave today at 12:00 noon today we would still have the largest population and most Electoral College Votes of ANY other state.

    How’s that Newsom Recall going for ya ? Asking for a friend .
    Just saying
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  18. #18
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    Default Re: so. . .

    Democrats are going to have their national hat handed to them in this national cycle.

    Newsom is a slick willie. He hasn't done much with homeless or the graft. He doesn't have to. Our state checks and balances are not there. He has done little to mitigate the worst of the state problems

    I would prepare getting some more air purifiers and masks - California fire season is going to be brutal and skies orange with smoke and pollution.
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  19. #19
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    Default Re: so. . .

    Quote Originally Posted by Ted Hoppe View Post
    Democrats are going to have their national hat handed to them in this national cycle.
    it is gonna be a bloodbath for dems
    Simpler is better, except when complicated looks really cool.

  20. #20
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    Default Re: so. . .

    A more cynical person, if that were possible, would think that some of this is fueled by a desire to ring out all the extra savings the covid-restrained consumers were not spending.

    E5CA0BD8-4DBE-4360-8B3F-DD5B7CB16897.jpg

  21. #21
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    Default Re: so. . .

    Quote Originally Posted by bluedog225 View Post
    A more cynical person, if that were possible, would think that some of this is fueled by a desire to ring out all the extra savings the covid-restrained consumers were not spending.
    consider that the auto manufacturers and dealers have learned how to make more money than before by selling fewer cars
    Last edited by Paul Pless; 06-13-2022 at 02:11 PM.
    Simpler is better, except when complicated looks really cool.

  22. #22
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    Default Re: so. . .

    I wonder how oil company profits are doing?

  23. #23
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    Default Re: so. . .

    Quote Originally Posted by Paul Pless View Post
    what do y'all think happens in the financial markets tomorrow?

    throughout the week ahead?
    I agree with bluedog225. But I would look at the S&P500 rather than the DOW. It is hard to be upset when the S&P500 20 and 30 year returns are what is to be expected. And the 5 and 10 year returns are average.

    I am happy with the long term returns I have had. My 2.5, 3.5, 6.5 year returns are better than I expected.
    Last edited by Too Little Time; 06-13-2022 at 03:09 PM.
    Life is complex.

  24. #24
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    Default Re: so. . .

    Quote Originally Posted by bluedog225 View Post
    I wonder how oil company profits are doing?
    record profits

    we should socialize/nationalize them
    Simpler is better, except when complicated looks really cool.

  25. #25
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    Default Re: so. . .

    Quote Originally Posted by Too Little Time View Post
    I agree with bluedog225. But I would look at the S&P500 rather than the DOW. It is hard to be upset when the S&P500 20 and 30 year returns are what is to be expected. And the 5 and 10 year returns are average.

    I am happy with the long term returns I have had. My 2.5, 3.5, 6.5 are better than I expected.
    Ah. This:

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  26. #26
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    Default Re: so. . .

    Watching tv and the interviews they are doing on families struggling with high prices.

    I get the distinct impression that there a lot of people who don’t have any idea how to be poor.

  27. #27
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    Default Re: so. . .

    Quote Originally Posted by Too Little Time View Post

    I am happy with the long term returns I have had. My 2.5, 3.5, 6.5 are better than I expected.
    you may have confused this with the brag thread down the hall <insert rolleyes emoticon here>
    Simpler is better, except when complicated looks really cool.

  28. #28
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    Default Re: so. . .

    Quote Originally Posted by bluedog225 View Post

    I get the distinct impression that there a lot of people who don’t have any idea how to be poor.
    what do you think the median income or average amount of savings is of the average full size four door 4x4 pickup truck owner?
    Simpler is better, except when complicated looks really cool.

  29. #29
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    Default Re: so. . .

    The simpler boomers have begun to drain their 401Ks in increasing levels in order to maintain their lifestyles in retirement - few of their financial planners ever discussed 9 percent inflation, energy costs and medical copays that were going to eat so much. cheap places to retire like Arizona and Florida are no longer havens for them. Added costs really have increased the burn rate.

    a bear market could really hurt so many who not do not want to return to work.
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  30. #30
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    Default Re: so. . .

    I mean poor

    Like wash your own dog poor

  31. #31
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    Default Re: so. . .

    Quote Originally Posted by bluedog225 View Post
    Watching tv and the interviews they are doing on families struggling with high prices.

    I get the distinct impression that there a lot of people who don’t have any idea how to be poor.
    half of all Americans meals are dine in, take out or delivery. McDonalds and Starbucks returns will be some good indicators on the economy.

    Joes dog wash market is an enclave in the orange curtain. The number of people who offer that service in his market will increase including many he has trained. It is natural development - no one is immuned to the significance of economic reshuffle.
    Last edited by Ted Hoppe; 06-13-2022 at 02:34 PM.
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  32. #32
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    Default Re: so. . .

    My old neighbor was paying for her little suv with her paycheck. Hurt her hip, no hours, no car.

  33. #33
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    Default Re: so. . .

    It’s too hot for a victory garden.

  34. #34
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    Default Re: so. . .

    $GME to the moon. Dont have to worry.
    Disbelief in magic can force a poor soul into believing in government and business.
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  35. #35
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    Default Re: so. . .

    ^ is there reddit thread or something?
    Simpler is better, except when complicated looks really cool.

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