The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show significantly less advertisements to registered users, so create your account to benefit from this!
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show significantly less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.
Stock Market Under Trump
|
(04-08-2020, 02:36 PM)The Real Marty Wrote: I am sticking to my belief that the market has not priced in the long term damage that has been done to the economy by shutting it down and printing the money to pay for so many people sitting at home. I somewhat agree with you, though I do believe that investors are anticipating bad earnings numbers, bad unemployment numbers, etc. While I like seeing the market put up numbers like it has so far this week and while I wish for more of a "V shaped" recovery I do think that it's going to be more of a "U shape". Having said that I don't think that the market overall will test the lows, and the gains over the last few days might be short lived. For the most part I personally have been sitting on the sidelines with the exception of small portions in a couple of stocks and ETF's that I like. So far they are doing well, but it's a very small portion of my portfolio. I'm still basically 90% cash and 10% in equities so even the small gains that I am making right now doesn't really reflect on my YTD returns number. It's just my opinion but I think if someone is looking at the long term many stocks, funds, ETF's, etc. are still basically "on sale" right now. Imagine what the price is going to be a year from now vs. right now. There are 10 kinds of people in this world. Those who understand binary and those who don't. |
Users browsing this thread: |
8 Guest(s) |
The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show less advertisements to registered users, so create your account to benefit from this!
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.