The Dow Hit's 29,000 For The First Time Ever - Page 2 - Survivalist Forum
Survivalist Forum

Advertise Here

Go Back   Survivalist Forum > >
Articles Classifieds Donations Gallery Groups Links Store Survival Files


Financial Forum Economics and Precious Metals

Advertise Here
Thread Tools Display Modes
Old 01-16-2020, 10:46 AM
evilwhitey's Avatar
evilwhitey evilwhitey is offline
Join Date: Jul 2014
Location: Utah
Posts: 1,063
Thanks: 1,251
Thanked 1,478 Times in 683 Posts

Advertise Here

Originally Posted by leadcounsel View Post
Truth. The stock market is a significant amount of speculation and gambling and short term profit taking. Lots of fraud. Lots of running prices up and then taking profits. Lots of insider trading. Stocks might actually be the opposite of a healthy economy.

A simple example. Ford might lay off 10,000 Americans, shut down a plant, gutting all the aftermarket support in the process and ruin the economy in 4 American towns. Ford moves those plants and jobs to a foreign country. In the process, Ford projects saving $5 billion dollars in the next few years. The stock might go up 3 points in a day. TERRIBLE for the American economy, but great for stock holders.

That said, it does somewhat reflect overall consumer confidence and confidence in the economy generally speaking.
Yep. Gotta look at what's fueling the stock market and that's a ton infusion by the Fed, stock buy backs artificially driving up prices, and of course consumer confidence among many other factors.

If we look at every single moment right before an economic downturn, people are saying the same thing "stock market is doing great, economy is great, invest invest invest, spend spend spend." Then we all know what happens. Corrections are healthy, we need a correction, the key is to not get caught with your pants down and to be poised to capitalize on it.

Trump will likely win reelection, which in the short term would be good, he's responsible for drawing out this period of economic prosperity as long as it has gone, but make no mistake, there will be a correction, and it will likely come during his second term which will then swing the economic and political pendulum back towards the Dems an it could get nasty, especially with the SS and Medicare problems we will be experiencing over the next decade.
Quick reply to this message
The Following 2 Users Say Thank You to evilwhitey For This Useful Post:
Old 01-20-2020, 03:56 PM
Mule Skinner Mule Skinner is offline
Join Date: Aug 2010
Posts: 3,932
Thanks: 1,915
Thanked 3,617 Times in 1,733 Posts

Originally Posted by evilwhitey View Post
, stock buy backs .
Shell (RDSA and RDSB) is doing a TON of buy-backs~!
Quick reply to this message
The Following User Says Thank You to Mule Skinner For This Useful Post:


Quick Reply

Register Now

In order to be able to post messages on the Survivalist Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
Please enter a password for your user account. Note that passwords are case-sensitive.
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:
Please select your insurance company (Optional)


Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.

Thread Tools
Display Modes

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -5. The time now is 05:34 AM.

Powered by vBulletin®
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Search Engine Optimisation provided by DragonByte SEO (Lite) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.
Copyright © Kevin Felts 2006 - 2015,
Green theme by