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Thread: McDuck's Account Talk

  1. #97

    Default Re: McDuck's Account Talk

    Quote Originally Posted by McDuck View Post
    The S&P 500 could drop another 20% in 6 to 18 months, says Leuthold's CIO

    https://www.cnbc.com/2018/12/14/leut...18-months.html
    The S&P500 closed at 2650 on December 14th, the day before the morning of the interview.
    It closed at 2,351 on December 24th.
    That is a drop of 11.3% already.

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  3. #98

    Default Re: McDuck's Account Talk

    Trump also addressed the Thrift Savings Plan, a retirement-savings plan for federal employees, and a scheduled change to begin including Chinese stocks. The plan was set to move $50 billion from its international index to one with exposure to emerging markets such as China. Yet the board overseeing TSP delayed the move after receiving pushback from the Trump administration and some legislators.

    "You know it's run by the Obama appointments, right," Trump said. "We're going to find out whether or not they're going to do it very soon, and if they're not, we're going to replace them very quickly."

    https://markets.businessinsider.com/news/stocks/trump-looking-chinese-firms-stocks-trading-us-market-accounting-rules-2020-5-1029202923

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  5. #99

    Join Date
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    Default Re: McDuck's Account Talk

    I don't like China and their stuff!
    10/16/2020
    LS CRUDE Oil
    =$40.88 a Barrel, Daily Status -$.08


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  7. #100

    Join Date
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    Default Re: McDuck's Account Talk

    Seems strange that China, which has the 2nd largest economy behind the U.S. and with ambitions to be the largest economy by 2030 is still considered an emerging market???

    What am I missing here???
    I pride myself on the fact that I will never have a cheesy "uplifting" quote in my signature block...Ever!

  8.  
  9. #101

    Join Date
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    Default Re: McDuck's Account Talk

    Quote Originally Posted by ravensfan View Post
    Seems strange that China, which has the 2nd largest economy behind the U.S. and with ambitions to be the largest economy by 2030 is still considered an emerging market???

    What am I missing here???
    The TRUTH comes to mind.yikes.gif
    10/16/2020
    LS CRUDE Oil
    =$40.88 a Barrel, Daily Status -$.08

  10.  
  11. #102

    Default Re: McDuck's Account Talk

    Stocks will pull back up to 7% multiple times and election-driven volatility will linger through early 2021

    https://markets.businessinsider.com/news/stocks/stock-market-outlook-pullback-election-volatility-wells-fargo-2021-cash-2020-8-1029545239#


    These pullbacks could be up to 7%

    He's advising his clients to hold cash and put that money to work during the pullbacks.

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  13. #103

    Join Date
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    Default Re: McDuck's Account Talk

    Interesting, because the market was up after the 2012 and 2016 elections and down for the 2008 election. However, after the 2008 election the market was down November '08' through February '09' but by March 2009 the market took off.
    Attached Files Attached Files
    May the force be with us.

  14.  
  15. #104

    Join Date
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    Default Re: McDuck's Account Talk

    Hope the attachments work.
    May the force be with us.

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  17. #105

    Default Re: McDuck's Account Talk


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