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Zorro

(17,162 posts)

7. The preceding market crash was October 1987

Reply to spooky3 (Reply #3)

Mon Mar 24, 2025, 08:55 PM

Mar 24

Last edited Tue Mar 25, 2025, 01:43 AM - Edit history (1)

I remember it well. I was taking some time off in London and exchanged all my traveler's check for English pounds as soon as the banks opened the next morning, since no one really knew what effect it would have on the exchange rate.

So...2008...1987...and the market wasn't so great during the Nixon administration...I fully understand why there might be some suggestion of a major cyclic market correction on the horizon, based on Republican fiscal policies.

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Highlight:

Your Retirement Portfolio Is Like Kindling. Trump Just Lit a Match. [View all] Zorro Mar 24 OP

Did the article's author sleep through 2022? The stock market spooky3 Mar 24 #1

trump's incompetence is the point of the article. Think. Again. Mar 24 #2

Did you miss this sentence? spooky3 Mar 24 #3

I really do think the article is... Think. Again. Mar 24 #4

The preceding market crash was October 1987 Zorro Mar 24 #7

Thanks for the article, my opinion is that both the uncertainty of this admin and also the inflow of retirement funds .. cliffside Mar 24 #5

A decent link to sectors, weightings and the business cycle.... cliffside Mar 24 #6