Big Government- All eight of the major international stock indexes were down last week with an average loss of -6.57 percent, according to Doug Short, despite Friday’s -531 point plunge in the Dow Jones Industrial Average, driven by fears of an economic collapse in China. But this year China’s Shanghai Index is still up +8.44 percent and the U.S. S&P 500 Index is down only -4.27 percent. The nasty hit to investors last week could be just a correction in a five-year bull market. But if China is starting a currency war, investor pain could get intense. more
STIIIIIIIIIIIIIIIIIIIIIIIIIIIIILLLLLLLLLLLLLLLLLLLLLL going! 😉
Buy the dip. Buy everything. If you see, it buy it. Someone will do something. Everything is awesome when you’re part of a team. Moar debt, never let a good crisis go to waste. Buy until blood comes out of your whereever. If you can’t afford to buy it, borrow money at ridiculously low interest rates and leverage that debt 20 times. Do it now, your future depends on it.
Stocks have always been for the long haul. This is nothing more than a much anticipated correction. The difference this time however: the Feds have no more ammo to throw at it. Could get nasty. Hopefully while Hussein is still in office. That way President Trump can point to the worst economy in the last 50 years belonging to Obama, not Bush.
This aint nothin. Wait until mid-september.