Bad Day for Stock

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Bad Day for Stock Empty Bad Day for Stock

Post by rick1 Mon Dec 17, 2018 4:24 pm

The stock market tanked again today, CNBC says it looks like this will continue. Fears of the globle growth is slowing, tariffs being imposed, feds raising rates, U.S. dollar too high compared to the globle growth, etc., etc..

The feds meet this week (I think on Wednesday), if they raise the rates again, you'll see another big sell off in the markets. The DOW, NASDAQ and S&P are down between 12% to 15% and are in the negative for the year. FOX news stated this is the worse December for the markets since 1931.

We have been due for a correction for a while now, but if this continues, well, I don't want to think about another recession. This is what Jim Cramer says about the market:

https://www.msn.com/en-us/money/markets/cramer-says-this-is-the-most-treacherous-stock-market-in-years/ar-BBR57y0

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Bad Day for Stock Empty Re: Bad Day for Stock

Post by rick1 Thu Dec 20, 2018 5:58 pm

Another bad day for the markets and it doesn't look like it's going to get any better in the near future. Check out what the feds say about next year (depending how the chips fall), doesn't look good:

https://www.aol.com/article/finance/2018/12/20/wall-street-falls-again-with-nasdaq-near-confirming-bear-market/23623994/

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