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Politicians

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No, we were told “wall is bad”, so why would you keep throwing money and resources against an idea you campaigned against. Even signed an executive order to stop all of it in January…lol

https://www.whitehouse.gov/briefing...f-funds-diverted-to-border-wall-construction/
Trump 1st could not get the money from Mexico, then he could not get it passed with a republican majority his 1st 2 yrs. so he took the money from the military budget to get the work done . So I assume that is we are getting the small amount of money to fill in the gap .
 
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Trump 1st could not get the money from Mexico, then he could not get it passed with a republican majority his 1st 2 yrs. so he took the money from the military budget to get the work done . So I assume that is we are getting the small amount of money to fill in the gap .
That has nothing to do with it, but carry on.
 
Maybe the powers to be has decided we have enough slaves/undocumented workers to last us awhile. Slavery has always been a driving force of the Democratic Party. Somebody has to cut the lawn and wash the dishes.
 
Maybe the powers to be has decided we have enough slaves/undocumented workers to last us awhile. Slavery has always been a driving force of the Democratic Party. Somebody has to cut the lawn and wash the dishes.
Meanwhile unemployment is at a steady record low 3.6% , stock market is up with a high inflation and Oil companies profits are sky high . Corporate profit and greed is at an all time high . Both parties can put their own spin on it and somewhere in there is the answer. Who the heck knows .
 
You stock guys Crack me up. Since Obama 2nd term the market was killing it. LAST I checked checked the Dow was under 15,000 now it' at 32 +.Not a bad run.
 
Which market are you invested in? LOL. S&P 500 is down 13% YTD even after a strong July. It hit its 52 week low only 6 weeks ago.
Stocks do go down. One half of the year is over and it seems the worst has passed. Let’s see where it is Year end. I am feeling that we are up by the end of the year.
 
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Which market are you invested in? LOL. S&P 500 is down 13% YTD even after a strong July. It hit its 52 week low only 6 weeks ago.
I wouldn’t quote YTD numbers when December 2021 quoted ridiculously high after 12-13 years of run out.

That 13% down number was a record high just months earlier than year end.

I’d like to see markets chill out a bit with interest rates rising steadily to more “normal” levels.
 
Stocks do go down. One half of the year is over and it seems the worst has passed. Let’s see where it is Year end. I am feeling that we are up by the end of the year.
I hope not. I can see us up from here, but don’t want to see S&P 4700 until interest rates are higher. Be nice to see better than dog shit returns in fixed income and give the fed some ammunition for the future.
 
A big part of the reason why it is down this year is because of inflation and the rising rates needed to tame it. What silkcitypirate said about it being up despite high inflation is just simply untrue. There are no facts that bear that out. This has been a tough year for anyone with money invested in the market, though the correction was sorely needed.

I agree with sami that rates need to be higher and I think the market will continue to be volatile until rates/inflation stabilize.
 
A big part of the reason why it is down is because of inflation and the rising rates needed to tame it. What silkcitypirate said is just simply untrue. This has been a tough year for anyone with money invested in the market, though the correction was sorely needed.
If you cannot stomach a pullback after even the last 2 years of record markets, you have a serious issue with risk tolerance/timeline.
 
If you cannot stomach a pullback after even the last 2 years of record markets, you have a serious issue with risk tolerance/timeline.

I can stomach it. My statement was in response to silkcity - what he said is patently false.
 
I hope not. I can see us up from here, but don’t want to see S&P 4700 until interest rates are higher. Be nice to see better than dog shit returns in fixed income and give the fed some ammunition for the future.
Speak for yourself. Don’t know why you would not want to see the market go green. I am hoping we turn green by the end of the year. I’m only down 11%.
 
Meanwhile unemployment is at a steady record low 3.6% , stock market is up with a high inflation and Oil companies profits are sky high . Corporate profit and greed is at an all time high . Both parties can put their own spin on it and somewhere in there is the answer. Who the heck knows .
My point was if you want new people coming into our country have a long term plan for them to be citizens. Leaving people hiding in the shadows is a bad plan. Seems like both political parties love people being in fear one way or another. I’m all for people coming into this country legally we need them. Having no system to know who is here is simply wrong and frankly ignorant. Happy Joe is waking up, someone must have whispered in his ear.
 
Speak for yourself. Don’t know why you would not want to see the market go green. I am hoping we turn green by the end of the year. I’m only down 11%.
I’d love it to turn green but has to come with a certain level of rebound to normal. Inflation has to be tamed, interest rates normalized, housing bubble slowed if not reversed. The pressure has been built up over the last two years in an inflated market.
 
I’d love it to turn green but has to come with a certain level of rebound to normal. Inflation has to be tamed, interest rates normalized, housing bubble slowed if not reversed. The pressure has been built up over the last two years in an inflated market.

We need 30% off the absurd housing prices.
 
We need 30% off the absurd housing prices.
some of them are going down now. hope the trend stays. interest rates are much higher than they used to be, but overall i feel like theyre relatively not too scary. and refinance is always an option down the road.
 
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