Quote:
Originally Posted by MrBaldBastard
I'm well aware of that but its not longer term, its happening right now before our eyes and a bounce back just adds to the issues. People and Governments have been over spending/borrowing based on artificially low interest rates and I'm guilty of it too  I see interest rates being closer to 5% before we know it, and Trumps policies have just given them the kick start to move there... while deregulating banks. ^^ USA just brought a heap of cash back in to the economy, all but handed out billions in cash bonuses and cut government income. Its almost as if they are going out of their way to create a perfect inflation bubble.. at a time when individual Americans and the American government are in the highest debt levels ever.
It's madness IMHO. And before a Trump lover or your only friends.. Russians comment on that, as a foreigner webmaster making money in the USA, we will make more money as the USD strengthens, but its you the Amercian people who will be paying for that.
So thanks! |
sorry i did a typo there - i meant it is NOT on the short term.
there is too much to make in the next periods and and there are tempting dividends to pick up.
on the longer term things look different - MUCH different and the question is if the money from the short thinkers is more or the money of the longterm thinkers.
what trump did was the most explosive thing a government can do. he has poured petroleum into an already strong fire and that has NEVER gone well.
the market WAS on the point to overheat already, what is kind of a natural emergency break. it is possible that the dow reaches even 28.000 til the end of the year but AFTER that he will fall UNDER the level of 2008/2009 and will cause a worldwide economic crisis.
bad than, that USA have already shot all powder what was to shoot while other countries saved in that time and tried to keep their markets away from overheating.
trump supporters can ot see that because they are living for the moment. they do not care tomorrow as long it is not here. but WHEN it comes they are the loudest one you can hear crying and for SURE they will find someone else who can be guilty for the mistake they made.