Stock Market is ROCKING

[Pepi]

I'm thinking the pimple is just about ready to be popped

 

[GodFearinGunTotin]

Ugh.

 

[DoggyDaddy]

Dayum... I was seeing modest gains this morning. Wonder what happened!?

 

[CPE1704TKS]

Retail results were pretty disappointing. Walmart dropped from over $148 Monday to $123 today. Target is down almost 28% or almost $60 today.

 

[MCgrease08]

I don't mind so much right now. I'm getting ready to convert a crappy annuity I got suckered into years ago into a Roth IRA. Any temporary loss in value helps lower my tax liability on the conversion.

 

[Leo]

I was looking at lumber futures. July is less than $750, it was $1000 a few months ago. They are down, and predicted to be even further down next month. The distributors simply are not contracting for wood anywhere near the normal level. I don't believe it is just transportation costs. This is spring, the best time to start framing up subdivisions full of houses. We keep hearing about a housing shortage. Something is not right. Someone knows a big crash is on the way.

 

[Pepi]

I rolled my retirement into cash before Puties war

 

[spencer rifle]

Wait, profits are down? I was assured - ASSURED, I tell you - that corporate greed was the root of our problems. The president and the propaganda minister both told me so.

Everything is down, but the NYSE composite is up?

 

[1nderbeard]

not a financial adviser, nor do I play one on TV.

Don't panic sell. It's going to bad for a while. Just buckle up.

 

[spencer rifle]

"Miss the downs=miss the ups"

 

[MCgrease08]

I rolled my retirement into cash before Puties war

Not sure I'd have recommended that, but you do you.

 

[CWMC]

WOW. Enjoy the ride. I blame them Dems.

 

[Leadeye]

Joe will be on the tube soon to explain how it's all the result of racist super maga.

 

[ditcherman]

I don't mind so much right now. I'm getting ready to convert a crappy annuity I got suckered into years ago into a Roth IRA. Any temporary loss in value helps lower my tax liability on the conversion.

Hahaha you're talking like a farmer now!

 

[zippy23]

Retail is being hammered, tech has been hammered for a while now. Housing crash right around the corner. I wouldn't be surprised at this point to see $6 gas. Everything from Twitter to baby formula is being exposed as corrupt. How many illegals in just the past year? If you can't see this as being don't on purpose by the Dems then you can't see anything. And no, both parties aren't the same. They both suck, but they aren't the same and the Dems are by far the worst cult organization maybe in history.

 

[BigMoose]

As painful as it may be a short sharp recession would put the breaks on inflation and allow the supply chain to self correct.

Or as these types of recessions are called, a correction.

 

[hANNAbONE]

it's all the same to me....

 

[MCgrease08]

Retail is being hammered, tech has been hammered for a while now. Housing crash right around the corner. I wouldn't be surprised at this point to see $6 gas. Everything from Twitter to baby formula is being exposed as corrupt. How many illegals in just the past year? If you can't see this as being don't on purpose by the Dems then you can't see anything. And no, both parties aren't the same. They both suck, but they aren't the same and the Dems are by far the worst cult organization maybe in history.

If they are doing it on purpose, they really overplayed their hand, because they are going to get torched in the mid-terms.

 

[Pepi]

Not sure I'd have recommended that, but you do you.

Not sure I'd have recommended that, but you do you.

Many things come to play in the equation. My main one is my age and the amount I have in my IRA account. So, yes! I sleep well at night now

 

[DoggyDaddy]

As painful as it may be a short sharp recession would put the breaks on inflation and allow the supply chain to self correct.

Or as these types of recessions are called, a correction.

"I mean, they're not gonna kill ya
So if you give 'em a quick short, sharp, shock
They won't do it again. Dig it?
I mean he get off lightly, 'cause I would've given him a thrashing
I only hit him once! It was only a difference of opinion, but really
I mean good manners don't cost nothing do they, eh?" -- Pink Floyd "Us and Them"