Originally Posted by neech:
Looks like another day of beat down.
My portfolios were just starting to slightly recover from the last beat down, in less than an hour they're almost right back to where they were last Thurs.
Meanwhile, crypto is tanking while lumber, gas and food prices soar. :-) [Reply]
Originally Posted by Halfcan:
Dumped everything related to Crypto and China.
The U.S. economy is unsustainable- a major correction is coming.
Originally Posted by :
The Conference Board Measure of CEO Confidence™ in collaboration with The Business Council improved further in the second quarter of 2021, following a sharp increase in Q1. The measure now stands at 82, up from 73. This marks the highest level of CEO confidence recorded since the measure began in 1976.
I think most people are worried the economy will be too hot and inflation might cause significant interference eventually from the Fed. Unless there is a war or new strain of covid that's incredibly deadly, I can't imagine the economy doing poorly. [Reply]
Originally Posted by ChiliConCarnage:
I think most people are worried the economy will be too hot and inflation might cause significant interference eventually from the Fed. Unless there is a war or new strain of covid that's incredibly deadly, I can't imagine the economy doing poorly.
There is no doubt that recent market swings (whip saw action) were manipulations to shakeout the retail investors, many of the new dumbasess to the market.
There is no doubt that recent market swings (whip saw action) were manipulations to shakeout the retail investors, many of the new dumbasess to the market.
