The Soapbox

Joined: 08/30/1998 Posts: 963
Likes: 1671

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I've heard the correction talk and I'm hardly a market geek but I don't

really see that. There was quite a rise after Trump's election (a continuation of the pre-Obama disaster) but since a peak in January 2018 (just before the trade war began) the market has hardly been gangbusters, historically speaking. Today's bloodbath I would attribute to the coronovirus panic and may continue or stabilize and possibly rebound but the trade war has hardly been settled on top of the economic hit on China of virus fears. I think eventually we'll just have to accept coronovirus as a fact of daily life and factor it in as we do the flu or other viruses.

(In response to this post by BocaHoo91)

Posted: 02/24/2020 at 4:27PM

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Well this was a fun day for one's 401k. ** -- bballbill 02/24/2020 4:05PM

Thanks, China. ** -- CA Cav 02/24/2020 6:12PM

Well, stocks were due for a correction, and the coronavirus seems -- BocaHoo91 02/24/2020 4:13PM

I'm surprised it took so long for the coronavirus crash. From what I'm -- JohnHoo2 02/24/2020 4:42PM

There had already been quite a bit of concern and pressure on the markets. -- Hoodafan 02/24/2020 5:09PM

In the full panoply of socialists, he's not all that left wing. -- southdenverhoo 02/24/2020 4:29PM

Whatever you’re smoking, I’ll have some. ** -- moohoofus 02/24/2020 5:05PM

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Compared to the current nut job Republican GHWB is far left ** -- 81_Hokie 02/24/2020 7:18PM

And Reagan was an immigrant-loving race traitor ** -- WahooRQ 02/24/2020 7:20PM

Man. What a group to be compared to. Bern will strive to fill the shoes pf -- moohoofus 02/24/2020 6:03PM

On the flipside, Donald Trump is fairly calm for nationalist dictators. -- WahooRQ 02/24/2020 6:14PM

Puff, puff, pass. ** -- Hoodeac 02/24/2020 5:44PM

On de right hand side ** -- MasterRusty 02/24/2020 7:31PM

Well if free college tuition, free health care, free childcare -- BocaHoo91 02/24/2020 4:41PM

Controlling production. He said right of center within all communists ** -- 111Balz 02/24/2020 5:53PM

Yes. ** -- ResistHoo 02/24/2020 5:08PM

Center right socialist. Not center right of the entire spectrum. ** -- southdenverhoo 02/24/2020 5:03PM

Trump is a center left Nazi ** -- Tuckahokie 02/24/2020 5:07PM

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Employee ownership and board membership doesn’t get enough discussion. ** -- BambooHoo 02/24/2020 4:54PM

Welp...he ain't Pete's dad, there is that ** -- Tuckahokie 02/24/2020 4:31PM

Trump’s dad a member of the klan? ** -- hooshouse 02/24/2020 5:32PM

I've heard the correction talk and I'm hardly a market geek but I don't -- bballbill 02/24/2020 4:27PM

S&P was up 30+% last year. That's not gangbuster? ** -- Hoodafan 02/24/2020 5:13PM

The market has been on a tear, and valuations are stretched. -- BocaHoo91 02/24/2020 4:36PM

When will ryno hoo get his due? -- ryno hoo 02/24/2020 4:46PM

Is the market run at least partially due to there really not being any -- Tuckahokie 02/24/2020 4:42PM

Sure. My financial planner wants me to be -- BocaHoo91 02/24/2020 4:59PM

Some of the dividends with oil stocks right now are through the roof ** -- GoochlandHoo 02/24/2020 5:17PM

Such as XOM's yield pushing -- Shenhoo 02/24/2020 5:46PM

Look at Shell, >7% ** -- GoochlandHoo 02/24/2020 6:29PM

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Wait until we see THAT correction ** -- Tuckahokie 02/24/2020 4:29PM

It would probably be a tremendous buying oppty. -- hoolstoptheheels 02/24/2020 4:39PM

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About as much as trump has done ** -- HiwasseeHoo 02/24/2020 5:28PM

...to the economy and stock market? ** -- Tuckahokie 02/24/2020 6:55PM

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