Domain: tiger-web1.srvr.media3.us Stock market lost nearly $2 trillion in October-- | Page 2 | Political Talk
Started By
Message

re: Stock market lost nearly $2 trillion in October--

Posted on 11/1/18 at 9:59 am to
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 11/1/18 at 9:59 am to
True and corrections happen from time to time but so many people are only influenced by the news of the day.
This post was edited on 11/1/18 at 10:00 am
Posted by beerJeep
Louisiana
Member since Nov 2016
38061 posts
Posted on 11/1/18 at 10:00 am to
quote:

October is a brutal month.


Because it’s the month before midterms. Shocking. I know.

quote:

Why did this happen right before the mid term?? Earnings season and company report after report talked about slowing earnings growth with many pointing to higher cost due to tariffs and inflation.


So EVERY single sharp decline in October (remember, this is a consistent thing going back decades) was due to tariffs and inflation?

You.

Are.

A.

Joke.

IBstupid.
Posted by LSURussian
Member since Feb 2005
134351 posts
Posted on 11/1/18 at 10:01 am to
quote:

Stock market lost nearly $2 trillion in October--
With the U.S. stock market total value approaching $35 trillion, a $2 trillion market pullback isn't that big of a deal.
Posted by DMagic
#ChowderPosse
Member since Aug 2010
50260 posts
Posted on 11/1/18 at 10:01 am to
I’m too busy stacking up all this film tax credit money I got to care. My kids are getting all the super monsters toys for Christmas now!
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 11/1/18 at 10:01 am to
Bought my first stocks in 83.
Posted by LSURulzSEC
Lake Charles via Oakdale
Member since Aug 2004
79374 posts
Posted on 11/1/18 at 10:02 am to
Bless your crayon eating heart...
Posted by Zanzibaw
BR
Member since Jun 2016
2954 posts
Posted on 11/1/18 at 10:02 am to
quote:

Bought my first stocks in 83.


Congrats
Posted by beerJeep
Louisiana
Member since Nov 2016
38061 posts
Posted on 11/1/18 at 10:02 am to
This cat doesn’t eat crayons. He has the worlds largest collection of lead paint chips that he likes to snack on though.
Posted by The Maj
Member since Sep 2016
30551 posts
Posted on 11/1/18 at 10:03 am to
And yet no comment on 40 year low unemployment numbers?
Posted by bamafan1001
Member since Jun 2011
15783 posts
Posted on 11/1/18 at 10:03 am to
quote:

I B Chinashill


You have exposed yourself.
Posted by reggierayreb
Member since Nov 2012
19487 posts
Posted on 11/1/18 at 10:07 am to
Markets are pretty volatile the month before an election. Lots of uncertainty.

A college student taking Investments 101 could tell you that.

Posted by Bass Tiger
Member since Oct 2014
55193 posts
Posted on 11/1/18 at 10:10 am to
quote:

LINK Will the October 401-K statements influence voters. Maybe they will not blame Trump and the republicans.



Relax dillydicker, the markets in general have been moving up the past several days, did you sell at the bottom?
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 11/1/18 at 10:11 am to
quote:

40 year low unemployment numbers?


That is good and thanks to the tax cut.

It will be hard to keep that up in 2019 as so many dampers on the economy will be filtering through.

If the Chinese concede on IP protection at the G20 maybe Trump will roll back those tariffs. I don't know what it will take to get him to roll back the steel tariffs--he hasn't even rolled those back on Canada and Mexican imports even after declaring he had a deal. Those deals have not been signed either.

I am also a little optimistic that the FEDS may delay their December increase or at least their March increase because of the tariff impacts so many companies are reporting.

If the FED holds tight and Trump lets up on the tariffs now that he sees the steel companies intend to simply pocket profits instead of expanding production we could have a very good 2019 in the stock market.

The FED seems to want to get to 3.5% rate and I think the market has that priced in it so their impact will not be so much.

This post was edited on 11/1/18 at 10:16 am
Posted by Bass Tiger
Member since Oct 2014
55193 posts
Posted on 11/1/18 at 10:14 am to
quote:

You get dumber with with each passing week.



TDS is a serious mental health issue today, there's a shite load if money to be made if a pharmaceutical company was to hammer out a cocktail of drugs to help the afflicted.
Posted by Smeg
Member since Aug 2018
15271 posts
Posted on 11/1/18 at 10:15 am to
Stock market fluctuated.

Now I want open borders and the 2nd Amendment repealed!

This post was edited on 11/1/18 at 10:17 am
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 11/1/18 at 10:15 am to
quote:

Buy AMZN on the dip



It hasn't dipped nearly enough for me to buy it. P/E ratio in the 90s? No thanks.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 11/1/18 at 10:17 am to
quote:

Now I want open borders and the 2nd Amendment appealed!


who wants that?
Posted by Cognito Ergo Zoom
New Orleans
Member since Oct 2018
74 posts
Posted on 11/1/18 at 10:17 am to
It's so bizarre that the market corrected as such. October has always been historically rock steady.

Except during the depression and three modern day recessions of course.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 11/1/18 at 10:19 am to
Those multiples had gotten so high.

So many of those funds have growth rates so high in they DCF models that any miss of earnings resulted in huge sell offs.
Posted by The Maj
Member since Sep 2016
30551 posts
Posted on 11/1/18 at 10:21 am to
Dude give it up.... Trump has pulled this economy up to levels we were told we would never see again AND he went past them....

Just sit in the corner and sulk instead of letting everyone know how stupid and conflicted you are....
first pageprev pagePage 2 of 5Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram