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I think when Trump blows up this country the market will go belly up. (Original Post) kerry-is-my-prez 4 hrs ago OP
The problem is they're going to have a heads up and going to short everything and we'll make money when it goes down and yourout 4 hrs ago #1
So do a lot of non-rich Americans. OAITW r.2.0 4 hrs ago #2
We were going to move some retirement money into the market but not anymore. yourout 4 hrs ago #4
Wondering if I should go cash now and rethink global investments. EU and Canada, specifically. OAITW r.2.0 4 hrs ago #5
In Canada, they have a saying: True Dough 4 hrs ago #11
I have money in it but if I complained they would just laugh. kerry-is-my-prez 4 hrs ago #7
At that point, the wealthy will pressure their local Congress members. Not sure they'll buck trump, though. Silent Type 4 hrs ago #3
"Rich people have a lot of their money in the stock market and that will NOT be pretty." J_William_Ryan 4 hrs ago #6
They didn't stop aReagan from edhopper 4 hrs ago #8
I think shorting the US economy will be the Republican play. OAITW r.2.0 4 hrs ago #9
Who was president when all the collatorized mortgages went belly up? kerry-is-my-prez 4 hrs ago #14
Yep. I'm surprised there aren't more people in the investment world kerry-is-my-prez 4 hrs ago #13
The Wall Street Journal Blue Full Moon 4 hrs ago #10
Trumpers don't read the WS Urinal RainCaster 2 hrs ago #17
Right now, my retirement savings are in the market. Happy Hoosier 4 hrs ago #12
Yep. And you you have to take risks somewhat in order to get a good return. kerry-is-my-prez 4 hrs ago #16
Bond market is much larger ... historical charts are always interesting in my opinion ... cliffside 4 hrs ago #15

yourout

(8,048 posts)
1. The problem is they're going to have a heads up and going to short everything and we'll make money when it goes down and
Mon Nov 18, 2024, 11:44 PM
4 hrs ago

OAITW r.2.0

(28,340 posts)
2. So do a lot of non-rich Americans.
Mon Nov 18, 2024, 11:44 PM
4 hrs ago

We've got more skin in the game than the very rich. I am wondering what I should be doing with Trump in charge of the economy.

yourout

(8,048 posts)
4. We were going to move some retirement money into the market but not anymore.
Mon Nov 18, 2024, 11:47 PM
4 hrs ago

They're either going into annuities or something with minimal return but also have no risk. We're in our 60s so we can't afford to take a hit like the retirees did when Bush Jr crashed everything.

It's likely that all the money in the infrastructure projects will keep the market going till about 2 years in but I can't risk it right now.

The next crash is going to be a big one because there is no guardrails left.

True Dough

(20,197 posts)
11. In Canada, they have a saying:
Tue Nov 19, 2024, 12:06 AM
4 hrs ago

"When Americans sneeze, Canada catches a cold."

Because the U.S and Canadian economies are so closely interwoven, any U.S. stock market crash will have serious side effects for Canada. True too for Europe, perhaps to a lesser extent, however.

kerry-is-my-prez

(9,186 posts)
7. I have money in it but if I complained they would just laugh.
Mon Nov 18, 2024, 11:54 PM
4 hrs ago

When I worked in investments, it used to be that pensioneers had huge billion dollar accounts but I don’t think it’s a thing anymore. People have been getting their pension accounts closed.

J_William_Ryan

(2,118 posts)
6. "Rich people have a lot of their money in the stock market and that will NOT be pretty."
Mon Nov 18, 2024, 11:52 PM
4 hrs ago

Congressional Republicans’ corporate masters may not let it get that far.

edhopper

(34,760 posts)
8. They didn't stop aReagan from
Mon Nov 18, 2024, 11:55 PM
4 hrs ago

The Savings and Loan disaster,more Bush from Sub-Prime meltdown.
All Republicans tank the market.

OAITW r.2.0

(28,340 posts)
9. I think shorting the US economy will be the Republican play.
Tue Nov 19, 2024, 12:02 AM
4 hrs ago

And passing legislation that makes it happen.

kerry-is-my-prez

(9,186 posts)
14. Who was president when all the collatorized mortgages went belly up?
Tue Nov 19, 2024, 12:20 AM
4 hrs ago

That used to be the big thing way back when with all the top investment people. One of my bitchy, pain in the ass clients did those exclusively. I have to chuckle thinking she might have had her patty’s slapped.

kerry-is-my-prez

(9,186 posts)
13. Yep. I'm surprised there aren't more people in the investment world
Tue Nov 19, 2024, 12:10 AM
4 hrs ago

Complaining. The market hasn’t collapsed yet. I would think that would be a worry. Warren Buffet sold all of his Berkshire Hathaway stock not too long ago (which is the cream of the crop when it comes to funds) which is pretty noteworthy. The price is up which is surprising after someone sells a large amount.

Blue Full Moon

(1,136 posts)
10. The Wall Street Journal
Tue Nov 19, 2024, 12:04 AM
4 hrs ago

Wrote an article on just that. Forbes tried to warn people ahead of the election. I guess tRump supporters don't read.

RainCaster

(11,541 posts)
17. Trumpers don't read the WS Urinal
Tue Nov 19, 2024, 02:24 AM
2 hrs ago

Can't see value in the subscription cost, and they would never darken the door of a library.

Happy Hoosier

(8,374 posts)
12. Right now, my retirement savings are in the market.
Tue Nov 19, 2024, 12:07 AM
4 hrs ago

It’s the only way to get enough of a return to actually generate income replacement.

cliffside

(471 posts)
15. Bond market is much larger ... historical charts are always interesting in my opinion ...
Tue Nov 19, 2024, 12:22 AM
4 hrs ago

The very wealthy are either hedged, moved some money to fixed assets and/or private investments which are becoming more common. Plus they can afford a little loss.

https://stockcharts.com/freecharts/historical/marketindexes.html

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