The Yield Curve is almost inverted.....a Recession is coming

[floridays]

Lots of good companies out there making record profits but some of these tecg companies are way over priced

Most all overpriced. My opinion. I can support why I think this, no one would be interested however.

I should remember this more often.

 

[Brownslave688]

Lots of good companies out there making record profits but some of these tecg companies are way over priced

I mean ups is making record profits but last year this time it was still way overvalued. The P/E ratio now is much closer to where it sits historically.

 

[IVE GOTTA PACKAGE 4U]

I mean ups is making record profits but last year this time it was still way overvalued. The P/E ratio now is much closer to where it sits historically.

The market needed to cool down anyways. It was going up too fast.

 

[Jkloc420]

You bought anything lately?

I am only 39 so I don't care so much if it goes down right now, I'm a long term investor

 

[Jkloc420]

You bought anything lately?

gas is a big driver of inflation

 

[IVE GOTTA PACKAGE 4U]

I am only 39 so I don't care so much if it goes down right now, I'm a long term investor

Just let it ride and keep adding to it.

 

[Brownslave688]

gas is a big driver of inflation

Gas isn’t included in inflation numbers.

 

[Old Man Jingles]

Gas isn’t included in inflation numbers.

Because it drives the cost of just about everything?

 

[floridays]

I am only 39 so I don't care so much if it goes down right now, I'm a long term investor

That is a benefit of your youthful age, older folks that prefer to maximize, not so much. When you are my age, unless changes are made, the destruction of what you have lived to accumulate will be burned worse than California's recent wildfires. I can support this as well, I'm not a lib.

 

[Jones]

I think the market basically knows it’s days are numbered and are looking for excuses.

Any fool can see we're in a bubble. I'd like to see the DOW bleed a couple more thousand points at least before I start to feel comfortable.

 

[floridays]

Just let it ride and keep adding to it.

Extremely risky, age would be the first determinant. I generally think you give good financial advice, I disagree here as an umbrella statement.

 

[Jkloc420]

Extremely risky, age would be the first determinant. I generally think you give good financial advice, I disagree here as an umbrella statement.

i think he is just talking to me about my age and letting it deal

 

[Brownslave688]

Any fool can see we're in a bubble. I'd like to see the DOW bleed a couple more thousand points at least before I start to feel comfortable.

I’d like to see it bleed about 10k lol

 

[floridays]

i think he is just talking to me about my age and letting it deal

I stand corrected, thanks, and agree. Sorry for buttin in.

 

[DriveInDriveOut]

Trump is bad for the market.
That is all.
Carry on.

 

[Jones]

I’d like to see it bleed about 10k lol

I'll dance a little jig if that happens...

 

[bacha29]

The consensus seems to be that if it doesn't find support at this level then the market will fall another 6-7% to what is hoped will be a new support level that will finally take hold.

 

[Old Man Jingles]

I’d like to see it bleed about 10k lol

So you can buy at a firesale price?

 

[Brownslave688]

So you can buy at a firesale price?

I got time


But that would probably destroy many pension plans.

 

[BrownFlush]

I remember getting a mortgage at 7 3/4.

8% was my first house and it was a VA loan..nobody could believe I got it that low