Annual October Market Correction
Starbucks is laying off; Alaska Airlines is laying off. Ford.
Each of those companies has a story for it. Are companies looking beyond 2019 for an extended downturn?
Comments
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I can’t wait to hear trump’s nickname for the fed reserve chair he appointed.
Too tight Jerry? Loser if not looser Powell?
The fed has gone crazy!
It sounds like trump doesn’t know what happens when you pile on an extra trillion in debt caused by tax cuts without corresponding spending cuts. -
Everything is going according to plan. Democrats win Congress. Do nothing still cause that's what Congress does. Go into recession in 2019 and do what? Blame Democrats. Just watch.
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Not sure I can assign this to Trump.
Rates have been low forever; fed was bound to raise them. Been a long time coming.
October has historically been a weird time in markets. -
Indeed. Fundamentals have been favoring tightening for a while now, and that’s what’s happening.creepycoug said:Not sure I can assign this to Trump.
Rates have been low forever; fed was bound to raise them. Been a long time coming.
October has historically been a weird time in markets.
I am just noting that the 2018 tax and spending bills juice inflationary pressures even further. And I think it’s funny trump is ranting at the fed for doing its job when trump can’t manage his. -
Buy the dip like usual. It works 9 tims out of ten. Bought some stocks and shorted volatility yesterday and today.
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I'm not too worried.
We've already discussed Ford's issues
Who wants to buy a $5 latte everyday when they can buy a $200 latte maker and have a latte at home everyday for about $1.50?
Alaska Airlines I don't know -
Little known fact about the 2008 recession. The quick raising of rates in 2006 was the catalyst to the recession. It was the spark on top of the dry wood stack. That's part of the reason the fed was gun shy about rates the last 10 years and raised them very slowly.creepycoug said:Not sure I can assign this to Trump.
Rates have been low forever; fed was bound to raise them. Been a long time coming.
October has historically been a weird time in markets. -
Can’t poke any holes in this analysis. It’s airtight. Thorough. And insightful.greenblood said:I'm not too worried.
We've already discussed Ford's issues
Who wants to buy a $5 latte everyday when they can buy a $200 latte maker and have a latte at home everyday for about $1.50?
Alaska Airlines I don't know -
I thought you told us it was the repeal of Glass-Stegal that caused the housing meltdown.2001400ex said:
Little known fact about the 2008 recession. The quick raising of rates in 2006 was the catalyst to the recession. It was the spark on top of the dry wood stack. That's part of the reason the fed was gun shy about rates the last 10 years and raised them very slowly.creepycoug said:Not sure I can assign this to Trump.
Rates have been low forever; fed was bound to raise them. Been a long time coming.
October has historically been a weird time in markets. -
Did I say rates "were the cause". Fucking seriously. You are the dumbest motherfucker here.SFGbob said:
I thought you told us it was the repeal of Glass-Stegal that caused the housing meltdown.2001400ex said:
Little known fact about the 2008 recession. The quick raising of rates in 2006 was the catalyst to the recession. It was the spark on top of the dry wood stack. That's part of the reason the fed was gun shy about rates the last 10 years and raised them very slowly.creepycoug said:Not sure I can assign this to Trump.
Rates have been low forever; fed was bound to raise them. Been a long time coming.
October has historically been a weird time in markets.
BTW I also never said glass steagal was the cause either. For starters that bill was in the 1930s.....
You seriously need to go to a school "reading comprehension for dumbfucks".
