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re: Is this a correction in the market or a start of a recession?

Posted on 4/21/24 at 11:32 am to
Posted by RoyalWe
Prairieville, LA
Member since Mar 2018
3116 posts
Posted on 4/21/24 at 11:32 am to
quote:

You heard about the Israel thing right?
Is this different than Russia invading Ukraine? The stock market gets over short-term worries about interest rates and geopolitics quickly. Neither the Ukraine-Russia nor the Israel-Hamas-Iran conflict stands out as something new in historical context. The IMF raising its full-year GDP growth forecast to 3.2% from 3.1% recently doesn't support this connection.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11100 posts
Posted on 4/21/24 at 11:43 am to
I’m talking about the US economy - small caps
Posted by Big Scrub TX
Member since Dec 2013
33403 posts
Posted on 4/21/24 at 12:13 pm to
quote:

Not like liquidation and paying a penalty and all that. We have a fund that acts as cash but it’s not called that. Valued at $1/share. But yeah, it’s obviously not a safe thing to do
No, I know you moved it to a money market - but still. In your retirement, it's way better to let it ride.
Posted by DVinBR
Member since Jan 2013
12981 posts
Posted on 4/21/24 at 9:50 pm to
my left knee tells me it's a correction
Posted by dualed
Member since Sep 2010
4695 posts
Posted on 4/21/24 at 10:40 pm to
quote:

No, I know you moved it to a money market - but still. In your retirement, it's way better to let it ride


Gotta let the nuts hang every now and again!
Posted by Nonetheless
Luka doncic = goat
Member since Jan 2012
33004 posts
Posted on 4/22/24 at 12:30 am to
buy all the bottoms
Posted by slackster
Houston
Member since Mar 2009
84882 posts
Posted on 4/22/24 at 6:54 am to
quote:

exited vfiax March 22nd…sold everything…now its sitting in a money market acct…im rooting for a big correction or recession…frickk everyone else i want the market to tank.


Idk where these trolls come from.

You joined less than two months ago and are already on the Money Talk bragging about timing the market.
Posted by Big Scrub TX
Member since Dec 2013
33403 posts
Posted on 4/22/24 at 12:29 pm to
quote:

Gotta let the nuts hang every now and again!
Well, do that by going levered long - not getting out!
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