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Wall Street sell-off turns 'ugly' as US recession fears grow

independent.co.uk

1–10 of 185 posts

Re: Wall Street sell-off turns 'ugly' as US recession fears grow

#2
Hopefully this isn't a biased take:

I think this is a unique situation because the recent moves (in my opinion) are largely a result of everyone's uncertainty around America's policies.

In other words, the recent stock moves aren't because we're seeing a bunch of companies fail to miss quarterly targets. There are no major economic indicators flashing red.

If stocks can drop that fast in a couple weeks, they can also (hopefully) rise just as fast, especially if the catalyst was some poorly timed or thought out US policy decisions. (Although there's a non-zero chance that the president continues down this road and just ignores the stock market in the short-term, which I find terrifying, along with everyone else on wall street I presume)

Re: Wall Street sell-off turns 'ugly' as US recession fears grow

#6
"Sadly" I don't really have much cash on the sidelines to buy more equities as prices dip as I generally don't try to time to market / buy the dip:

* https://ofdollarsanddata.com/even-god-couldnt-beat-dollar-co...

I'm not generally 100% equities, often 80/20, so things will be rebalancing on their own at least at least:

* https://canadiancouchpotato.com/model-portfolios/

* https://www.finiki.org/wiki/Asset_allocation_ETF

* https://www.moneysense.ca/save/investing/etfs/one-etf-portfo...

I have a few more decades until retirement, so buying low now would be nice.

Re: Wall Street sell-off turns 'ugly' as US recession fears grow

#7
Buried in the center of the article:

> “Many people have been worried about elevated valuations among US equities for some time and looking for the catalyst for a market correction.

The writing has been on the wall for 6 months now, depend on what sectors you care about, the technocrats from both sides have juiced this dilapidated system to it's breaking point.

Re: Wall Street sell-off turns 'ugly' as US recession fears grow

#8
post #4

Stock market bubble started slowly deflating. When is housing market bubble going to deflate?

Well the issue with housing doesn't seem to be a "bubble" in the same sense. It's moreso we aren't building enough housing so the supply is limited.

With higher rates the monthly price is higher too which is contributing to un-affordability. But if rates go down then monthly payment prices would go down, which would cause prices to go up.

If rates go down because there's a substantial recession home prices may go down but many people may be out of jobs or unwilling to sell.

Re: Wall Street sell-off turns 'ugly' as US recession fears grow

#9
post #2

Hopefully this isn't a biased take: I think this is a unique situation because the recent moves (in my opinion) are largely a result of everyone's uncertainty around America's policies. In other words, the recent stock moves aren't because we're seeing a bunch of companies fail to miss quarterly targets. There are no major economic indicators flashing red. If stocks can drop that fast in a couple weeks, they can also…

> There are no major economic indicators flashing red.

High levels of corporate monopolization, high levels of stock buybacks, and low to no wage growth. They've been flashing for so long people don't even recognize them anymore.

Re: Wall Street sell-off turns 'ugly' as US recession fears grow

#10
post #2

Hopefully this isn't a biased take: I think this is a unique situation because the recent moves (in my opinion) are largely a result of everyone's uncertainty around America's policies. In other words, the recent stock moves aren't because we're seeing a bunch of companies fail to miss quarterly targets. There are no major economic indicators flashing red. If stocks can drop that fast in a couple weeks, they can also…

Hah, do you think Trump can admit he messed up and change course?
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