Dow down 3,000 points in the last week

Discussion in 'Off-Topic' started by UNI1ISU2, Feb 27, 2020.

  1. StateThrowdown

    Oct 27, 2008
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    Exactly. I was ready to invest some money in 2016 when Trump got elected and my thought process was "the market hates volatility, and nothing is more volatile than Donald Trump. I'll wait until the market inevitably tanks and invest then."

    Hindsight is 20/20, and can also be a cruel *****.
     
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  2. cyclone101

    cyclone101 Well-Known Member

    Oct 19, 2009
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    Time in the market > Timing the market
    Pretty much always.
     
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  3. Gunnerclone

    Gunnerclone Well-Known Member

    Jul 16, 2010
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    You’re right to a point. The markets don’t like unpredictability, but would could have been more predictable with both houses and the White House controlled by Republicans? Tax cuts for corporations and the wealthy, and de regulation.
     
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  4. StateThrowdown

    Oct 27, 2008
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    Good point. Wish I would have thought about that four years ago.
     
  5. CascadeClone

    CascadeClone Well-Known Member

    Oct 24, 2009
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    IIRC there was a study that showed markets did less well the year OF a presidential election, and then better the year AFTER the election, regardless of which party won. The idea was the reduced uncertainty was more important than the party or any potential policy effects.
     
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  6. Gunnerclone

    Gunnerclone Well-Known Member

    Jul 16, 2010
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    Can we lose 1000 two days in a row from the DOW? Stay tuned!
     
  7. Cyched

    Cyched Minister of Culture
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    May 8, 2009
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    Have my monthly Roth contribution scheduled for today. Looks like I’m getting more bang for the buck. Wheee
     
  8. Brandon

    Brandon Well-Known Member

    Feb 6, 2014
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    It will happen
     
  9. alarson

    alarson Well-Known Member

    Mar 15, 2006
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    Which is a good chunk of Trump's 'gains'. The market restoring itself to where it would have been had it simply stayed on the same trajectory it had been on since 2009, without the dip in growth we saw in 2016
     
  10. brianhos

    brianhos Moderator
    Staff Member Bookie SuperFanatic SuperFanatic T2

    Jun 1, 2006
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    Washed away an entire years gains now.
     
  11. Colorado

    Colorado Well-Known Member

    Aug 29, 2008
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    I said the same thing. I work for an asset manager and we are getting more emails about the COVID-19 virus than we are about the market correction
     
  12. CascadeClone

    CascadeClone Well-Known Member

    Oct 24, 2009
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    Presidents and the economy are like QBs in football. They get most of the credit/blame, much more than they actually impact. Just too many other independent variables.

    Of course, every president will claim all the good news, and blame anything bad on the previous guy. That's one thing both parties can agree on lol.
     
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  13. HFCS

    HFCS Well-Known Member

    Aug 13, 2010
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    And rampant deregulation leads to...
     
  14. ArgentCy

    ArgentCy Well-Known Member

    Jan 13, 2010
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    Prosperity and caves.
     
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  15. Rural

    Rural Well-Known Member

    Feb 3, 2010
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    Tons more crooks and bad health outcomes for the populous?
     
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  16. bos

    bos Legend
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    Apr 10, 2006
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    Give it a rest already.
     
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