this sucks for the country. i hope this pain ends as soon as possible.
but anyway, im now looking at which 'too big to fail' corporation imma buy up on the market. lot of promising candidates out there
I am waiting-I moved most of mine in mid Feb to cash, bonds and a little foreign stock and all of my kids 529 to a 4 month CD-Simply can not trust this admin-
normally when i get back in to my 401k i will go with an index fund-very low fees and a spread of the top companies to lessen risk
There is still so much uncertainty-there wasn't a dead cat bounce at the end of today, so I am assuming investors are not expecting good news over the weekend. Also, I heard on CNBC today that it is already priced in that many investors keep thinking that trump is going to blink when the market starts to tank and he just keeps playing chicken while on the golf course-he could have said something of value or did the tariffs almost any other way and the pain would not be this bad-There is a story on drudge tonight that he really doesn't give a f that the market is tanking-
Only country so far I heard anything from is China and it isn't good.
Also, trump was working on a tik tok deal and supposedly had it ready on Wednesday and then the tariffs-so China said they will not approve any deal while tariffs are in place-so trump blinked and is signing a 75 day extension-
Maybe Vietnam is open to reducing tariffs-they said today they would-not a big deal at all
The EU if it sticks together and responds would be a big deal
Japan and South Korea are supposed to be working out a deal to get around us with their regional partners for the first time in five years they had economic dialogue with China
The Fed was no help today at all
Margin calls were starting to be called this afternoon.
There were no circuit breakers triggered at all today or yesterday-they need like a 7% decline for the first trigger.
