The Market 2022-2023-2024

[Dback Jon]

Any thoughts or predictions on how team Trump will affect the markets over the next few years? Bullish or bearish? Best to plan ahead.

If Trump gets his way, you’re looking at a Dow cut in half and a global recession

 

[Russ Smith]

Any thoughts or predictions on how team Trump will affect the markets over the next few years? Bullish or bearish? Best to plan ahead.

Feel bad for her but she keeps making the same mistake, I will wait a few days to see if it goes up. It was at 600 when the first story came out, then it did the 10 to 1 split and it's now at 18 so it's lost almost 75% of the value since the first story hit. It was briefly at 1000 so absolutely staggering loss.

 

[Russ Smith]

Well... my own view is that his plans for Tariffs will produce increased prices on goods sold in the US. And given the fact that job & wage growth is forecasted to slow and fall short of levels we've seen over the past 18-24 months, given that our economy is predominantly driven by consumers - we are likely to see sub-par growth over the next 4 years, if not a recession tossed in for good measure.
Further, Trump's tax cuts for the rich and for corporations will exacerbate the deficit. An exploding deficit will cause the government to have to borrow even more, which will therefore explode the current debt level...

All of the above and more paint a meh at best picture for the markets with the very real potential for a nasty down draft at some point during Trump's tenure...

My guess is he'll do whatever he can to keep the markets high because that benefits his donors, but yeah eventually if he causes inflation and hurts GDP, it's going to impact the markets too

 

[Yuma]

Feel bad for her but she keeps making the same mistake, I will wait a few days to see if it goes up. It was at 600 when the first story came out, then it did the 10 to 1 split and it's now at 18 so it's lost almost 75% of the value since the first story hit. It was briefly at 1000 so absolutely staggering loss.

She got stopped a few times from selling by the circumstances. Trading halted on the stock, etc. Some of it was out of her control.

 

[Russ Smith]

She got stopped a few times from selling by the circumstances. Trading halted on the stock, etc. Some of it was out of her control.

no they have windows they're allowed to sell in and she's been in the window several times but she keeps thinking it will go back up to where it was before so she's waiting and it just keeps falling.

She knows now. I told her at 600 to sell it all and she said no I'm waiting for 800 again. I kept telling her unless the story is a complete lie, and it's clearly not, there's no compelling reason for the stock to go up.
They're in danger now of delisting because they haven't filed all the required stuff because their accounting firm resigned