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A Stable Genius once said...

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  • Mosster47Mosster47 Member Posts: 6,246
    salemcoog said:

    Mosster47 said:

    America isn't any stronger than when Donnie took over, we just signed on another $1.3 trillion to be exact. The market is up because old white people were confident again because the guy in the oval office looks like them.

    We are still a mortgage based economy. The Fed is raising rates like crazy now to be able to somewhat cushion the next downturn which will be soon. Refi's are pretty much stopped. Home buying will slow as well.

    By 2021ish the Dow will be 10,000 points lighter than it is now regardless of president. The current tax breaks and the even larger buy up during the next turn should finally push the inequality problem into a fever pitch.

    The 20's are going to be interesting with the Boomers checking out for good and the Millennials pushing those worthless Gen X'ers aside.

    Whew... Good to know that despite some normal ups and downs, that the stock market will be just fine going forward.
    Good luck when it's retirement time.
  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 105,790 Founders Club
    Retirement is for quitters and fags
  • creepycougcreepycoug Member Posts: 23,210

    Retirement is for quitters and fags

    You sound pour.
  • KaepskneeKaepsknee Member Posts: 14,885
    Mosster47 said:

    salemcoog said:

    Mosster47 said:

    America isn't any stronger than when Donnie took over, we just signed on another $1.3 trillion to be exact. The market is up because old white people were confident again because the guy in the oval office looks like them.

    We are still a mortgage based economy. The Fed is raising rates like crazy now to be able to somewhat cushion the next downturn which will be soon. Refi's are pretty much stopped. Home buying will slow as well.

    By 2021ish the Dow will be 10,000 points lighter than it is now regardless of president. The current tax breaks and the even larger buy up during the next turn should finally push the inequality problem into a fever pitch.

    The 20's are going to be interesting with the Boomers checking out for good and the Millennials pushing those worthless Gen X'ers aside.

    Whew... Good to know that despite some normal ups and downs, that the stock market will be just fine going forward.
    Good luck when it's retirement time.
    Got another 10 years....



    I'll be fine.




    Keep stockpiling Campbell soup in your bunker.
  • Fire_Marshall_BillFire_Marshall_Bill Member, Swaye's Wigwam Posts: 23,889 Founders Club
    Mosster47 said:

    America isn't any stronger than when Donnie took over, we just signed on another $1.3 trillion to be exact. The market is up because old white people were confident again because the guy in the oval office looks like them.

    We are still a mortgage based economy. The Fed is raising rates like crazy now to be able to somewhat cushion the next downturn which will be soon. Refi's are pretty much stopped. Home buying will slow as well.

    By 2021ish the Dow will be 10,000 points lighter than it is now regardless of president. The current tax breaks and the even larger buy up during the next turn should finally push the inequality problem into a fever pitch.

    The 20's are going to be interesting with the Boomers checking out for good and the Millennials pushing those worthless Gen X'ers aside.


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