Next Recission ?

[fenders53]

(05-31-2019, 05:09 PM)Otter Wrote:

(05-31-2019, 04:15 PM)fenders53 Wrote: OK, I didn't see assessing more tariffs to other nations coming.  Make a new trade deal with Mexico and then threaten huge tariffs a few months later?  This is an unpredictable mess with potentially dire consequences.

With oil prices plunging, tariffs with our largest trading partner is the last thing my state's economy needs. You'd think 38 electoral votes and Ted Cruz's uncharacteristically narrow 2.6% margin of victory in the 2018 Senate race would advise caution as to anything that could upset the economic apple cart. Between that and potentially devastating auto/part manufacturers in swing states that delivered the narrow electoral college victory in 2016, it seems like a pretty boneheaded political move, economics aside.

(09-28-2019, 07:20 AM)rayray Wrote: Stay the course and ignore all noise--invest for yourself/family without emotion.

Without emotion? It's best to make any major decision, specifically a financial decision, without any emotion. Financially, for stock purchases, look at the numbers and only the numbers, and if true as in not a lie, in the long term one cannot lose.

Depends on how you define long-term.  My long-term is now much shorter than it was 25 years ago.  I pay attention to other peoples emotions.  It makes it possible to crush the S&P when it goes nowhere but sideways for years.