Has the market sell off started?

[SlugSlinger]

Usually, the market is a good indicator of future economic performance. Today it appears it might be lagging a bit. The economy is in real trouble with the media being known accomplices of reporting false information.
The media told us the economy is going to be booming this year. Last week had the worst jobs report in history. We were told 1,000,000 new jobs were going to be created in April. That was an overstatement of 734,000. And the March numbers were revised downwards 146,000 as the reported numbers were overstated as well. Funny, under Trump, the numbers were always revised higher than reported. Under Biden, the numbers are revised down. That’s the drive by media for you.

Hunker down folks.

 

[druryj]

Ouch! And now for the good news.... (crickets).

 

[CHenry]

Ouch! And now for the good news.... (crickets).

Stocks are on sale!

 

[Oklahomabassin]

Joe's economy

 

[SlugSlinger]

Stocks are on sale!

This is like a sale on Amazon. Where they raise the price, then discount the item that is now priced higher than before the sale.

Im waiting for the real sale where prices are 75% off. Like an after Christmas sale. I don’t know if we will get there, but I’ve prepped for some discounts.

 

[SlugSlinger]

Joe's economy

The media will change the narrative from Biden is leading the boom to the terrible economy was inherited from Trump.

 

[Seadog]

The media will change the narrative from Biden is leading the boom to the terrible economy was inherited from Trump.

The propaganda machine is always spinning

 

[cowadle]

it's just moving sideways. until the bubble bursts they will keep printing currency to keep inflated and the stocks love free money. they are not done robbing you yet.

 

[Hodrod]

If the economy tanks guess who will be blamed...??? Not Biden, not the dem's, it will be Trump and the Republicans...however; as long as the gov keeps on printing money the market will go up in the short term to even higher levels before the big crash.

 

[ConstitutionCowboy]

Like I've always said: You have to kill the capitalism/free market system in order to slip communism in. Inflation is one of the most effective tools toward that end, and inflation is one of the easiest tools to create and employ.

I guess I ought to purchase that milling machine while my cash still has enough buying power.

Woody