jcboy3 wrote:
Trump may be the trigger to the stock market decline, but it was inevitable. The Fed kept rates too low for too long, leading to an explosive speculative bubble in the market that has to pop. Meanwhile, the Fed sees recession signals and with interest rates too low, has no tools to deal with it. They need to get the rates up, cool the market, and see what comes. It may be too late, and the recession may hit like a ton of bricks with no good way to lift them off of us. A market correction of 50% would be normalizing, overshoot could be 70%. Many fundamentals are as bad as in 1929. The coming mess could be worse than 1999-2000, and worse than 2009 for the market. Not clear about financial institutions, but the glut of low rate money has been messing up balance sheets for a decade, so things could be very bad there as well.
Trump may be the trigger to the stock market decli... (
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No offense, but it sounds like a trumpette describing the perils of not building a wall for protection.