Quote:
Originally Posted by Kidscollege$
Shit...I just bought some yesterday...down another 270 pts as I type....
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Quote:
Originally Posted by Lups
I wasn't expecting an other dip today, but clearly now this uncertainty is starting to stick.
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Ha, we've been buying CDs and moving anything short-term to safety. We actually found some 3y CDs at almost 5%! took a lot of wrangling and we had to join something blah blah blah, but yeah.
Here's why I'd sell anything short-term:
(1.) Trump is assembling a war cabinet - even a hint of a global conflict that involves anything close to China, Iran, or Russia will tank markets. But ... military suppliers might be a great choice!
(2.) Trump's trade war (which is triggering today's loss)
(3.) The Fed just raised rates and expects it to lead to unemployment! Apparently everyone is buying gold. I'm not.
