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Thread: Dow Futures Tank as Trade War Fears Grip Wall Street

  1. #11
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    No worries, the markets today are up modestly, so far.

    Party time!

  2. #12
    Radical Centrist BigLeRoy's Avatar
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    Quote Originally Posted by Miller47 View Post
    No worries, the markets today are up modestly, so far.

    Party time!
    The Dow Jones is modestly up for the day, but still down for the year.

    Just pointing that out, you know.

    And the year is almost halfway over!
    Thanks from DebateDrone

  3. #13
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    Quote Originally Posted by BigLeRoy View Post
    The Dow Jones is modestly up for the day, but still down for the year.

    Just pointing that out, you know.

    And the year is almost halfway over!
    And my portfolio is up more than 3% for the year.

    Even after yesterdays drop.

    Just pointing that out...

  4. #14
    Radical Centrist BigLeRoy's Avatar
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    Quote Originally Posted by Miller47 View Post
    And my portfolio is up more than 3% for the year.

    Even after yesterdays drop.

    Just pointing that out...
    Sure. NASDAQ and S&P500 are still up, modestly, on the year.

    But best be advised to watch out, if the trade war continues to intensify. China and Europe are not joking when they say that Mr. Trump's trade war could lead to a global recession.

    Or did you think they ARE joking?

  5. #15
    Veteran Member HenryPorter's Avatar
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    Quote Originally Posted by Miller47 View Post
    No worries, the markets today are up modestly, so far.

    Party time!
    Zero growth in the portfolio since January. How long will confidence last? The trade wars have barely started too. The economy won't make it to the mid-terms.

  6. #16
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    Quote Originally Posted by HenryPorter View Post
    Zero growth in the portfolio since January. How long will confidence last? The trade wars have barely started too. The economy won't make it to the mid-terms.
    What's your growth rate since Jan 2017? Dec 2016?

  7. #17
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    Quote Originally Posted by HenryPorter View Post
    Zero growth in the portfolio since January. How long will confidence last? The trade wars have barely started too. The economy won't make it to the mid-terms.
    Zero growth in YOUR portfolio, maybe.

    Different people have different portfolios.

  8. #18
    Dick with my Buzz...Try DebateDrone's Avatar
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    Quote Originally Posted by Miller47 View Post
    And my portfolio is up more than 3% for the year.

    Even after yesterdays drop.

    Just pointing that out...
    It is incredible that you kept your money in stock after the last big correction...business people were telling stock holders not to panic...and to start diversifying out of stock as the price was high.

    Business people predict a up market this year before recession sets in ...in 2019.

    Gov Gregg Abbott wrote a letter to Trump to reconsider his tariffs on sheet metal as Texas imports the most sheet metal and tariffs will hurt Texas businesses.



    US headed for recession in 2019 as Fed raises rates, economist warns
    https://www.cnbc.com/2017/12/05/us-h...ist-warns.html
    Last edited by DebateDrone; 28th June 2018 at 03:57 PM.

  9. #19
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    Quote Originally Posted by DebateDrone View Post
    It is incredible that you kept your money in stock after the last big correction...business people were telling stock holders not to panic...and to start diversifying out of stock as the price was high.

    Business people predict a up market this year before recession sets in ...in 2019.

    Gov Gregg Abbott wrote a letter to Trump to reconsider his tariffs on sheet metal as Texas imports the most sheet metal and tariffs will hurt Texas businesses.



    US headed for recession in 2019 as Fed raises rates, economist warns
    https://www.cnbc.com/2017/12/05/us-h...ist-warns.html
    It ain't my first rodeo.

    I went through Black Monday.

    Went through the Clinton Gore recession of 08-09.

    I held, because that's the best thing to do if you don't need the money anytime soon.

    Now, I'm closer to the finish line, so we'll see..

  10. #20
    Radical Centrist BigLeRoy's Avatar
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    Quote Originally Posted by Miller47 View Post
    It ain't my first rodeo.

    I went through Black Monday.

    Went through the Clinton Gore recession of 08-09.

    I held, because that's the best thing to do if you don't need the money anytime soon.

    Now, I'm closer to the finish line, so we'll see..
    Wait, WHAT?!?? The Clinton/Gore Recession of 2008-2009?!?? Are you KIDDING us? Is that intended as a JOKE???

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