The market has now dropped over 10% since it reached it’s high. They experts are saying the market is now in a correction.

Some of the drop has been attributed to our trade dealings with other countries, especially China. China is trying to wait us out to see if anything can influence Trump’s actions in order to get a better deal and not lose face. Canada and Mexico couldn’t wait any longer. We forced them into accepting our terms. But China has a larger economy than most other countries. We’ll just have to see how things play out.

Today, the market drop is being attributed to the political turmoil over the Brexit vote being delayed by Theresa May. Some of it may also being influenced by the riots in Europe. And some may be due to the Mueller investigation. And of course the FED wants to raise the prime rate and corporate earnings are down a bit. All of these things are happening at once. So it is no wonder the market is dropping. Our economy is still strong so the fact that the market highs may have been artificially too high. Could also be causing this. Whatever the case may be, we may be in for a bit of a rocky time for right now.

The market has now dropped over 10% since it reached it’s high. They experts are saying the market is now in a correction.

Some of the drop has been attributed to our trade dealings with other countries, especially China. China is trying to wait us out to see if anything can influence Trump’s actions in order to get a better deal and not lose face. Canada and Mexico couldn’t wait any longer. We forced them into accepting our terms. But China has a larger economy than most other countries. We’ll just have to see how things play out.

Today, the market drop is being attributed to the political turmoil over the Brexit vote being delayed by Theresa May. Some of it may also being influenced by the riots in Europe. And some may be due to the Mueller investigation. And of course the FED wants to raise the prime rate and corporate earnings are down a bit. All of these things are happening at once. So it is no wonder the market is dropping. Our economy is still strong so the fact that the market highs may have been artificially too high. Could also be causing this. Whatever the case may be, we may be in for a bit of a rocky time for right now.

Trump beats Hillary, GOP wins Congress -- stock market soars for 2 years.

Democrats retake the House -- stocks take a sharp dip.

Go figure.

Trump beats Hillary, GOP wins Congress -- stock market soars for 2 years.

Democrats retake the House -- stocks take a sharp dip.

Go figure.

In all honesty Trump has a hand in the market downturn as well. Some of his Tweets last week didn’t set too well with the market. While only a very small portion of the downward trend can be attributed to him, we must be honest about all the tension that is part of the cause of the downturn.

In all honesty Trump has a hand in the market downturn as well. Some of his Tweets last week didn’t set too well with the market. While only a very small portion of the downward trend can be attributed to him, we must be honest about all the tension that is part of the cause of the downturn.

I think the Fed has more to do with the market downturn than Trump. Higher interest rates affect all facets of the economy.

Retailers this year are happy, if nothing else (Well, except for Dick's.  LOL!).

NRF forecasts holiday sales will increase between 4.3 and 4.8 percent

https://nrf.com/media-center/press-releases/nrf-forecasts-holiday-sales-will-increase-between-43-and-48-percent

I think the Fed has more to do with the market downturn than Trump. Higher interest rates affect all facets of the economy.

Retailers this year are happy, if nothing else (Well, except for Dick's.  LOL!).

NRF forecasts holiday sales will increase between 4.3 and 4.8 percent

https://nrf.com/media-center/press-releases/nrf-forecasts-holiday-sales-will-increase-between-43-and-48-percent

Of course the FED has more to do with it than Trumps Tweets. But there is no denying a couple things he tweeted last week caused a partial down trend in an already downward trend last week. It might have been small, but it is important to note he shot himself in the foot with those tweets last week. Like I said, there were numerous things pressuring the market last week. I think worries over China were probably the largest pressure with the FED coming in a close second.

There's also the Santa Clause Effect.  Every year, investors take profits to afford to pay their taxes, pay for the holidays, etc. During that time, savvy investors take advantage of the lower prices to pick up stocks at bargain prices.

It's also end of the year/quarter, when many contracts/short sells are due.

During the holidays, many investors are not taking time to manage their holdings, so they divest the more volatile ones.

Oct-Dec is historically an unpredictable market period. People are looking for reasons to sell ahead of Christmas.

I hope China cracks soon.  Their economy is based on manipulation, borrowing, and unfair practices that can't be sustained instead of solid fundamentals and a good work ethic.

They are under a lot of pressure to negotiate but they have great world ambitions so dont want to lose face.  They will cave soon and the stock market will rocket up.

Was having a conversation last week similar to this.  The group was all in the late 30s to mid-40s for some context.  Anyways, one super liberal attorney friend was going on an on about the sky is falling, his retirement portfolio is hurting, because of Trump, etc.  The reality is that yeah, all our retirement accounts are taking a beating right now, but all of us are actually in a position to prosper/benefit from it.  I dunno about the rest of the guys, but I'm not eyeing anything retirement funding related for at least another 20 years.  So yeah, while the things haven't been super duper good, IMO it's nothing to have irrational panic about.  The market does correct itself, pretty regularly actually.  Something like every 7 years or so.  IIRC, I recall "leading economists" saying that the last correction was more around 12 years than the typical years, so that actually led to a somewhat skewed sense of what is normal among millenials and younger.  I put "leading economists" in parenthesis as just what I read or heard, but I don't have the expertise or didn't spend the time to really look into those statements. 

For those of you in your "approaching retirement" years, definitely something to keep an eye on.  But I would think that most here have stuff like that well in hand. 

For those of you in your "approaching retirement" years, definitely something to keep an eye on.  But I would think that most here have stuff like that well in hand. 

I am "close" to retirement (~1.5 years). I am out of the market except for a few hundred dollars I have been using for speculation. All my investments are in safe CD's and real estate. So I am not affected by the market ebb and flow. All of this is by design because I am getting too close to retiring to rely on the market booming when I need to sell or reinvest in safer funds. I have been planning my retirement for years and I did not want to get caught with my pants down like so many friends of mine who lost so much right before retirement and had to keep working for a few more years until their investments came back.

An economy that balances on a razors edge of interest rates and depends on constant money printing is not a healthy economy. In 20 years you will be lucky if a million dollars buys you a hamburger.