I agree, and the issues are definitely linked. But if we’re ranking them based on voter concerns, I would go 1 economy, 2 illegal immigration.
Looks like 3% or so so yes that is a pretty good tumble.
I will hold and look for the buyers who want to swoop in.
Trump isn’t reversing.
He is looking for those first key deals to line up.
Now might be a good time to buy.
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It’s a significant tumble but it could be reversed before lunch.
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13 million is 1-in-10 private sector workers.
probably 1-in-5 blue collar workers.
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Another way that I see things:
I make 5 figures more than the national median annual income for individual earners if I do nothing but sit on my ass and smoke pot.
I have ZERO debt.
I had to go get a job.
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Not in this time zone.
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If I had to make a sports analogy it would not be
“We should forfeit the game,” nor “We need a new quarterback”
more like “quit trying the gadget plays and start running some old fashioned football” or some such.
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Someone once said something about if the stock market falls 1,000 points or more in two days then the president should be impeached. I wonder who that was…
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Some seek short term gains.
Maybe . . . .
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Some build their homes on sand and end up crabby.
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Look at it this way:
We are at the same Shiller PE level as the 1929 high.
And that all worked out, right?
We are in big trouble if something doesn’t change soon.
Housing is in such a gigantic bubble nothing can be done to save it.
The market OTOH . . . well we could hope for an orderly exit.
Positive news.
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