That's making an assumption they want the market up. I'm not
convinced PPT is driving this move at all. Don't worry when it
tanks,,they will say sorry on tv. Sort of
Posted by DigiNomad on 16th of Aug 2022 at 03:08 pm
I don't think they want it up in the medium term...but I think
they would like some help from external sources to keep in up
between now and November. National security reasons.
I haven't met one long term investor (everyday passive)
concerned now that it has recovered some because "it always comes
back" and "patience is a virtue" and "don't worry it will all work
out."
The same people will call for the government heads when it tanks
again. No personal responsibility. Plays out again and again. I do
hope it doesn't tank because many will be hurt and may not recover
quickly if at all.
People will elect a new President and the cycle continues.
Meanwhile the spending never ends. Doesn't matter who gets elected,
they all spend.
Posted by DigiNomad on 16th of Aug 2022 at 03:25 pm
I completely agree. I'm not be arbitrary with my comments either
though. Our 401K based retirement system puts a LOT of people
at risk when it comes to bad policy. A market failure would be
construed as a national security issue. After 17 years in Naval
Spec Ops I graduated top of my class with a degree in finance, a
CFP, etc.....but it was 2009. So I went to work for the only place
hiring....the Fed Gov...while I grew my personal practice / RIA.
Needless to say, with my unique background, the promotions in Fed
Gov never stopped. I'm out now, but I did nearly 30 in the Fed Gov,
much of it at fairly high levels, and I know about how things work
during various "situations." At the end of the day, they are
just people. AND, unfortunately, they often have much Less talent
and technology backing them up than you might imagine.
That's making an assumption they
Plunge Protection Team (PPT) - what would you do here ...
Posted by fundamentalvalues on 16th of Aug 2022 at 03:07 pm
That's making an assumption they want the market up. I'm not convinced PPT is driving this move at all. Don't worry when it tanks,,they will say sorry on tv. Sort of
I don't think they want
Posted by DigiNomad on 16th of Aug 2022 at 03:08 pm
I don't think they want it up in the medium term...but I think they would like some help from external sources to keep in up between now and November. National security reasons.
I haven't met one long
Posted by fundamentalvalues on 16th of Aug 2022 at 03:15 pm
I haven't met one long term investor (everyday passive) concerned now that it has recovered some because "it always comes back" and "patience is a virtue" and "don't worry it will all work out."
The same people will call for the government heads when it tanks again. No personal responsibility. Plays out again and again. I do hope it doesn't tank because many will be hurt and may not recover quickly if at all.
People will elect a new President and the cycle continues. Meanwhile the spending never ends. Doesn't matter who gets elected, they all spend.
I completely agree. I'm not
Posted by DigiNomad on 16th of Aug 2022 at 03:25 pm
I completely agree. I'm not be arbitrary with my comments either though. Our 401K based retirement system puts a LOT of people at risk when it comes to bad policy. A market failure would be construed as a national security issue. After 17 years in Naval Spec Ops I graduated top of my class with a degree in finance, a CFP, etc.....but it was 2009. So I went to work for the only place hiring....the Fed Gov...while I grew my personal practice / RIA. Needless to say, with my unique background, the promotions in Fed Gov never stopped. I'm out now, but I did nearly 30 in the Fed Gov, much of it at fairly high levels, and I know about how things work during various "situations." At the end of the day, they are just people. AND, unfortunately, they often have much Less talent and technology backing them up than you might imagine.
I'm going purely on facts,
Posted by fundamentalvalues on 16th of Aug 2022 at 03:36 pm
I'm going purely on facts, we haven't balanced a budget in how long? Why are we in this situation?
Our family serves active duty.
We need to seriously clean house. The entrenched party heads aren't able to do what needs done. Both sides.
Clean out the old guard
Posted by watcdy on 16th of Aug 2022 at 03:56 pm
Clean out the old guard - term limits on everyone except Matt & Steve
You guys are great -
Posted by steve on 16th of Aug 2022 at 03:59 pm
You guys are great - thanks.
Amen
Posted by law6 on 16th of Aug 2022 at 04:03 pm
Amen
Lol. Yes!
Posted by DigiNomad on 16th of Aug 2022 at 03:57 pm
Lol. Yes!
No shiite
Posted by rfa300 on 16th of Aug 2022 at 03:37 pm
No shiite