Are you still in the stock market?

Buckeye said:
US Markets are taking a hit today. DOW down 1,500 or so, which is about 3%, at noonish. Not the end of the world.
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No worries. As I understand it, all the recent tariff activity of leveling the playing field with countries that have taken advantage of America for a very long time, is causing the Dow to go down for now.

But, in the long run, our country's economic future will sky-rocket from heading toward bankruptcy to finally reaping the benefits of evening up the unfair playing field. Check out the chart showing what all the country's tariffs are against America right now and what they will be in the near future. We are still charging those countries less than they are charging us...by large margins!
 

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It wasn't the one you keep trashing mathjack. It was, quote unquote:
*White House officials said the calculations came from the Council of Economic Advisers.
 
Lara said:
It wasn't the one you keep trashing mathjack. It was, quote unquote:
*White House officials said the calculations came from the Council of Economic Advisers.
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the calculations are not the problem .

the problem is putting tariffs on just about everything we buy whether directly or indirectly hurts us americans .

no country is paying these .

they get passed on , like sales tax and we pay it in the price of goods
 
mathjak107 said:
markets don’t crash in isolation.

they take jobs , incomes and real estate values with it
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Jobs: I am retired
Incomes: I have stable retirement income that is not effected by the stock market
Real estate: I own my home out right, will live here until I die. Not interested in other real estate.
Like I said, I am rich when everybody else is poor.
 
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Lara said:
No worries. As I understand it, all the recent tariff activity of leveling the playing field with countries that have taken advantage of America for a very long time, is causing the Dow to go down for now.

But, in the long run, our country's economic future will sky-rocket from heading toward bankruptcy to finally reaping the benefits of evening up the unfair playing field. Check out the chart showing what all the country's tariffs are against America right now and what they will be in the near future. We are still charging those countries less than they are charging us...by large margins!
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Let's revisit that a year from now and see how well it ages.
 
My financial advisor invited to me to listen in on a round table with Wells Fargo executives. It was about Market Volatility so they are sure not predicting good things for the near future. They did say they doubt we will see another drop as precipitous as today's (although time will tell). This all hinged on the tariffs being higher and more widespread than the market was expecting. They have hope that some of the tariffs may be rolled back if we see some trade partners acquiescing. I'm not holding my breath.

The question was asked whether it is still advisable for clients to go into fixed-income instruments and the answer was "yes". I moved all the equities I could to CDs and bonds in March. It was mentioned that 14% of the National Debt is interest so keeping an eye on it and whether treasuries will remain a viable option deserves continual monitoring.

They are predicting an approx. 35% chance of a Recession, whether it be a "technical" recession where we see two consecutive quarters of negative GDP growth or an actual recession where the economy is in the tank. They do think the Fed will cave and lower interest rates more than they planned if this happens. Of course, tax cuts were also mentioned as a means to putting money back into the economy. High-dollar spenders are cutting back right now due to market conditions. Reagan's "trickle down economics" never worked. 🤷‍♂️

They are monitoring the comments of banks and other major corporations as to how they plan to react to the tariffs and whether there is any upside. My takeaway was that they don't see much upside for a couple of quarters. Boy, do I miss the "gravy days" of 2023!
 
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seadoug said:
... I moved all the equities I could to CDs and bonds in March. ...
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It is never a good idea to time the market. You are locked in to CD and bonds now. You need to time the market again for your re-entry to the equity market. I wish you the best of luck.
 
OldOld said:
It is never a good idea to time the market. You are locked in to CD and bonds now. You need to time the market again for your re-entry to the equity market. I wish you the best of luck.
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They are relatively short-term, which was also mentioned as a strategy. I'm not trying to time the market. My father was a financial advisor so I know that isn't advisable. If I'm in CD and bonds for the short-term it simply means I think the economic environment will be negative for a while. I'll be happy to be proven wrong.

I saw great gains over the past few years and I'd prefer to hold onto my capital and make minimal returns rather than ride the roller coaster. I still have 40% in equities, which is enough for me. My financial advisor will let me know when it is time to enter the market, and I don't need to squeeze every penny out of it.
 
seadoug said:
...I saw great gains over the past few years and I'd prefer to hold onto my capital and make minimal returns rather than ride the roller coaster. ....
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So you moved from equity to CD and bonds abruptly by realizing a sizable gain and paying the capital gain tax.:)
 
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mathjak107 said:
not when pensions can’t be paid or annuities or enough people are out of work to effect ss checks
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That's right MJ !
Mitch86 said:
I see world depression followed by civil wars and WW 3 !!
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I just saw a news report on which an economist who spoke as if tariffs and a trade war were the precursors to WWII. As I listened to her, I thought the same as you Mitch...are we headed for WWIII?! :unsure:
 
Matrix said:
I’m still in the market, :cry: I'll ride it out and wait for things to turn around.
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Me too!

It’s going to be a very bumpy ride as the new tariffs are examined and a variety of exemptions are granted on some products or countries.

I’m confident that if we do enter into a bear market or recession we will eventually work through it and the markets will move higher as they always have.

Never bet against America.
 
Me too @Matrix and @Aunt Bea My portfolio is down almost $9,000 today. I've seen worse drops. I remember one time I was on the phone with my BFF and gasped. She asked what was wrong. I said my portfolio dropped $25,000 today! I never panic, I never fret. Like others who are in it for the long haul, I wait for the markets to rebound. That is not hard to do since I don't need to take distributions (except my RMDs). I learned the hard way decades ago to keep more than enough in savings and checking so that I don't have to dip into my investments during down markets.
 

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