Thanks for posting the link.
You're very welcome. I have an interest in this subject. I should thank you for bringing it to our attention. My business channel seems to be consumed with politics at the moment so I didn't see this.
I don't buy much gas these past 4 years. I probably have to spend some of mine on SALT, being in Illinois. All things considered I think I'll still come out ahead, and my investment portfolio is SCREAMING good news.
Somehow statements of this kind always remind me of Tom Steyer.
Excellent argument for NOT wasting petroleum on gas-guzzling cars and trucks, electricity production, and plastics.
Considering SALT I don't have a prayer of coming out ahead. Although states are now looking for creative ways of getting around this.
I have no fear, uncertainty, or doubt that the market will eventually recover to this level and even surpass it (baring something catastrophic). I just hope the time frame is advantageous for me.
As we know from the past, the stock market will always continue to go up, up, up.
Have no fear................$4 gas IS in our future again
Too many people worry about whether they have enough money as they retire. Don’t forget, one can easily live 20-30 years beyond retirement age, or if you take advantage of the year of 55 rule, there could even be 40 years of future growth. So maybe instead of worrying about any correction, feel confident that if you keep your investments all in on good growth mutual funds, avoid those bonds and targeted funds that move your investments to “safer” infest-mentions vehicles, and keep letting the goose lay those golden eggs.
As the market reaches for 26,000, we could have "a very large correction" and still be way ahead of where we were in 2016. 2015? Fuggedaboutit.
And during the correction, the news media will be screaming “they sky is falling, the sky is falling” yet when we plow past 30k, the news stories about how great the market is will be few and far between. Then there’s this
According to Paul Krugman the sky had already fallen a year ago.
The rest of his idiot rant is archived at NYT or you could read the additional spin at Politico. A recession has repeatedly been predicted by various numbskulls since 2014. IMO if the Nobel prize folks weren't so idiotic lately, they would ask Krugman to give his prize back. Economic sciences my @$$. This guy has turned into the armpit of economic forecasters. It's amazing what extreme political views can do to a person's sanity.
