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Forum » Stock Market under 29,000, down nearly 500 in 30 minutes
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Thread: Stock Market under 29,000, down nearly 500 in 30 minutes

post 1668337263 09-23-2022, 08:56 AM
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#1
  1. MuscleXtreme
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Stock Market under 29,000, down nearly 500 in 30 minutes

Interest rates are up
Inflation is up
Stock market is down
Real estate is going down
Companies are laying people off

This biden economy is just great guys.
post 1668337353 09-23-2022, 08:57 AM
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#2
  1. Titansfan08
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At least gas only up 200% instead of 300%!
post 1668337543 09-23-2022, 09:01 AM
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#3
  1. Drew23
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Listen folks, inflation is stabilized at only 8.4%.the economy is boomingthe economy is boomingJACKJACK
I'm not DrewDarden

Best Meet lifts: S:805 B:705 D:560 Total:2070 (220, equipped, drug free)
Best Raw (gym lifts): S:540 B:380 D:515

Want to bench more? Click here: https://forum.obnoxiousbrutes.com/showthread.php?t=178958341
~ Molon Labe ~
post 1668337613 09-23-2022, 09:03 AM
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It would be worse with DRUMPF!
post 1668337623 09-23-2022, 09:03 AM
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post 1668337643 09-23-2022, 09:04 AM
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Because FX kept crashing
Bonds were crashing
And boj is desperately trying to stabilize the yen

Bottom just needs to come quick if it’s drawn out then we’re really ****ed.

Been watching this chit for last 3 hours waiting for it to actually bottom so we can be in the clear. But the sell off indicators are goin pretty hard. If people can’t, we have a bigger problem.
post 1668337773 09-23-2022, 09:06 AM
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#7
  1. AlfBundy
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That means it's working
post 1668337783 09-23-2022, 09:07 AM
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#8
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Enough with the malarkey! The economy is doing just fine!
post 1668337813 09-23-2022, 09:07 AM
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#9
  1. DumpsterFire
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Yeah but I saved like 13 cents on my cookout you absolute FAHGITS
**Drinks colon cleanse for fun crew**
post 1668337893 09-23-2022, 09:08 AM
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#10
  1. Sil3nt1
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9mm is $0.25 instead of $0.30 it's ok now
post 1668338643 09-23-2022, 09:22 AM
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#11
  1. LtGoose
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Have we tried turning it off then back on again?
post 1668338723 09-23-2022, 09:23 AM
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#12
  1. Mountaineer92
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they are destroying the economy on purpose
PUREBLOOD CREW
Top G Crew

#1 Misc Tate supporter.

If you are reading this - go do 100 push ups.
post 1668338903 09-23-2022, 09:26 AM
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#13
  1. Johnez
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Originally Posted By DumpsterFire⏩
Yeah but I saved like 13 cents on my cookout you absolute FAHGITS
That was last year. This year everything costs 130% more.
Virtue is its own reward.
post 1668339193 09-23-2022, 09:33 AM
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#14
  1. Kev1972
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The preacher man says it's the end of time
And the Mississippi River, she's a-goin' dry
The interest is up and the stock market's down
And you only get mugged if you go downtown

I live back in the woods you see
My woman and the kids and the dogs and me
I got a shotgun, a rifle and a four-wheel drive
And a country boy can survive

Country folks can survive
Motorcycle crew
Army veteran crew
One Meal a day crew
post 1668339493 09-23-2022, 09:40 AM
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#15
  1. katya422
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Originally Posted By LtGoose⏩
Have we tried turning it off then back on again?
Yes. See: 2020
Originally Posted By Mountaineer92⏩
they are destroying the economy on purpose
Also yes.
Originally Posted By Kev1972⏩
The preacher man says it's the end of time
And the Mississippi River, she's a-goin' dry
The interest is up and the stock market's down
And you only get mugged if you go downtown

I live back in the woods you see
My woman and the kids and the dogs and me
I got a shotgun, a rifle and a four-wheel drive
And a country boy can survive

Country folks can survive
Great song.Recently been checking out stuff about Appalachia.




IDK if this is IT, but it's possible. Warning that the lockup of the financial system *could* be starting now vs. holding off for an undetermined period.

INTP Crew
Inattentive ADD Crew
Mom That Miscs Crew
post 1668339553 09-23-2022, 09:42 AM
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Still a long ways to go down boyos!
post 1668339833 09-23-2022, 09:47 AM
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#17
  1. TheM
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Any reason not to have your money in iBonds nowadays? Especially taking advantage of the 9.62% rate that will probably lower in October.
post 1668339953 09-23-2022, 09:49 AM
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#18
  1. redrider91
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Originally Posted By MuscleXtreme⏩
Interest rates are up
Inflation is up
Stock market is down
Real estate is going down
Companies are laying people off

This biden economy is just great guys.
No more mean tweets...
post 1668339973 09-23-2022, 09:49 AM
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#19
  1. saltypits
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Originally Posted By TheM⏩
Any reason not to have your money in iBonds nowadays? Especially taking advantage of the 9.62% rate that will probably lower in October.
You mean I Bonds? BUY RIGHT NOW!
post 1668340423 09-23-2022, 09:58 AM
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#20
  1. AriesTH
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Originally Posted By TheM⏩
Any reason not to have your money in iBonds nowadays? Especially taking advantage of the 9.62% rate that will probably lower in October.
You can only buy 10k worth, but they've done pretty well.
ASOT Crew
BLM Crew (Bang Local MILFs)
post 1668340493 09-23-2022, 09:58 AM
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#21
  1. TheM
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Originally Posted By saltypits⏩
You mean I Bonds? BUY RIGHT NOW!
Yeah was DCAing back into the stock market recently but it doesn't seem like it's going to improve anytime soon so might as well put some money into bonds.
Originally Posted By AriesTH⏩
You can only buy 10k worth, but they've done pretty well.
Not sure about maxing the 10k and locking that up for a year since I might want to buy some property but sounds like the smart route to go.
post 1668340513 09-23-2022, 09:58 AM
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#22
  1. leafs43
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I always prefer the S&P 500 as a better indicator as it has more data points.

It is now completely underwater from the moment Biden stepped into office.
post 1668340533 09-23-2022, 09:59 AM
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#23
  1. SoutheastBeast1
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Originally Posted By DumpsterFire⏩
Yeah but I saved like 13 cents on my cookout you absolute FAHGITS
How much will Biden save us for Thanksgiving this year?

Ready to pounce on those savings!
"One day I won't be able to lift any more. Not I won't want to lift. I mean physically unable. That day could be decades from now or it could be tomorrow. All I know is that's the day I'll wish I could lift more than ever. The day I'd give anything for one more workout, one more set, or one more cardio session. So go hard and enjoy every workout, every set, every rep. Because one day you will wake up and you will never get it back."
-SoutheastBeast1
post 1668340793 09-23-2022, 10:04 AM
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#24
  1. Midi77
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If the government would have just stayed out of things we would be better off.
post 1668340863 09-23-2022, 10:05 AM
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#25
  1. MajorTendonitis
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I phoned my investor yesterday and asked him what to buy , he said canned food and ammo
Back with my Fam
post 1668340963 09-23-2022, 10:08 AM
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#26
  1. DanteEdmond
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somehow, Biden's approval ratings keep rising
post 1668341133 09-23-2022, 10:10 AM
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#27
  1. DanteEdmond
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other than the great recession, things havent been this bad since the Jimmy Carter stagflation years in the 1970s
post 1668341383 09-23-2022, 10:14 AM
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#28
  1. MuscleXtreme
  2. INTJ - Christian
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Originally Posted By TheM⏩
Any reason not to have your money in iBonds nowadays? Especially taking advantage of the 9.62% rate that will probably lower in October.
Might be the smart move going forward. I’m not sure what the interest penalty is for early withdrawal (3 months interest, I think, but correct me).

Real estate cap rate is I think around 4.5-5%, so it would make sense to take a risk free investment at 9.62% and do nothing rather than actively manage a portfolio.
post 1668341393 09-23-2022, 10:14 AM
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#29
  1. jackamo2887
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If you're under 40, this is like buying everything for a massive discount.
Survival. When the jungle tears itself down and builds itself into something new. Guys like you and me, we end up dead. Doesn’t really mean anything. Or, if we happen to live through it, well that doesn’t mean anything either.
post 1668341793 09-23-2022, 10:23 AM
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#30
  1. saltypits
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Originally Posted By jackamo2887⏩
If you're under 40, this is like buying everything for a massive discount.
It's still higher than pre March-2020 levels.
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