Stock market crash test

[EZ-E]

With the stocks dropping yesterday, does anyone else think it's a beta test by the elites of the world to see if they can crash the economy before the 2020 election? Lots of leftists would love to see the economy crumble under Trump to ensure he doesn't get elected again in 2020.

 

[Vaquero]

Russians

 

[kbaxter60]

With the stocks dropping yesterday, does anyone else think it's a beta test by the elites of the world to see if they can crash the economy before the 2020 election? Lots of leftists would love to see the economy crumble under Trump to ensure he doesn't get elected again in 2020.

I find that feasible. They did pretty much the same for Obammy's first election.
It's such a weird coincidence that all the MSM outlets are suddenly running "Recession" stories.
So odd...almost like it was coordinated somehow...

 

[Moonpie]

Stocks are racist.

 

[Brains]

*shrug* Good opportunity to pick up some strong dividend stocks while they're a bargain.

 

[Vaquero]

They stand to lose more than I do.

 

[Darkpriest667]

With the stocks dropping yesterday, does anyone else think it's a beta test by the elites of the world to see if they can crash the economy before the 2020 election? Lots of leftists would love to see the economy crumble under Trump to ensure he doesn't get elected again in 2020.

I thought this was the plan all along.

EDIT --

The problem is the business cycle, unless we have the worst recession since the Great Depression it would have to last 3 quarters or more if it starts even in November. We actually want a recession now for 1 quarter and then a good recovery in motion by next November. The last recession, labeled the "great recession" was the deepest recession the US has had since 1933 and it lasted 18 months, which is unusually long for a recession. Average recession time is between 2 quarters and 10 months. We've only had 2 recessions last a year or more since 1933 and they were both very very bad.

 

[Brains]

I liked the Great Recession, we got a pretty good deal on building the house we're in

 

[baboon]

Chinese troops in Hong Kong might have more to do with it.

 

[AustinN4]

...., does anyone else think it's a beta test by the elites of the world to see if they can crash the economy before the 2020 election?

No, because of this (use ingog if you use an ad blocker):
https://www.washingtonpost.com/busi...yield-curve-why-does-it-matter/?noredirect=on

 

[busykngt]

The current emotional fear is China’s much lower reported GDP as a result of the U.S. tariffs. (Funny how “emotions” drive stock prices even more than quantifiable PE ratios, as a example). And of course, all the economic pundits say this will ultimately drag the U.S. economy down also. Personally, I think U.S. consumers have other countries they can turn to (India, Japan, Korea, Mexico, etc., etc.). And the billion$ in tariffs going into the national coffers, isn’t anything to sneeze at either! It’s going to hurt China much more disproportionately than us. (Oppps... meant, U.S.).

 

[IXLR8]

It could not be ANYTHING else but a market crash!!
Or, so they want you to believe is true. They really really want you to believe.

 

[oldag]

Not going to break out the tin foil for this one.

 

[Vaquero]

"Buy 'em cheap and stack 'em deep"

 

[AustinN4]

"Buy 'em cheap and stack 'em deep"

Been my investment strategy for many year. My automatic dividend reinvestment plan loves buying dividend paying stocks at cheaper prices. It is why I can sit at home and post on this and other forums.

 

[toddnjoyce]

The current emotional fear is China’s much lower reported GDP as a result of the U.S. tariffs. ...

And uninspiring German economic performance for Q2, as well as Brexit fears since the new PM in England apparently thinks an ‘orderly’ exit magically just happens.

But, today the markets clawed some of yesterday back.

 

[AustinN4]

But, today the markets clawed some of yesterday back.

Not much, but I'll take it.

 

[para_bellum]

No matter how a crash is triggered, one thing remains true: Stay The Course