Quote:
Originally Posted by crucifissio
can you show a chart with this 1% increase that suddenly becomes 20% for unemployment?  where do you get these figures from? |
Look it up. 4.6 to 3.6 = 1.0 drop which is 21%
If the unemployment dropped from 4.6 to 2.3 it would be a 50% cut.
You don't understand that?
Quote:
Originally Posted by crucifissio
also the 17 month figure is just the amount of time the stock market has done NOTHING...I am sorry you do not like the plain truth...when it does nothing for another month it will be 18 months...the fact that nobody uses this time frame does not take away from the truth about the dead market...
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And during that time, we had numerous rate hikes that SPOOK the hell out of the market every time causing huge sell offs.
See, you don't own any stocks so you don't watch the market every day. So in your mind you laugh and say "what's the big deal with a .25% rate hike." But you don't understand that the market is a fickle bitch, and that small rate hike causes much fear in the market and in return causes massive sell offs every time.
Just last week there was talk about a possibly lowering the rate and the fed announced he wasn't. Bam. 300 point sell off. That's the Fed not raising it but leaving it where it is.
And I havent even touched on the trade war that's gone on for the past 14 months. Every fucking month, back and forth, US or China would threaten each other causing massive sell offs. I saw that Trump tweet on Sunday and I knew all hell was going to break loose today. Last night I checked the dow futures and it dropped 600 pts.
All that shit adds up. Deny it all you want, but that is why we are where we are. It's just some temporary but necessary pain. Once we get though this we will definitely be in a much better and stronger position aka your worst nightmare
Once this trade war is behind us, we're on to 30k