Free of charge on the floor of the New York Stock Exchange. They don’t know what the stock you are doing more. (Spencer Platt / Getty Images)
With the stock exchanges, those who have not seen screws, which have not seen, good, months, the investors are more suffering from the prospects for the future of their portfolios and Donald Trump’s will.
This is not for advice on how to trade the stock exchanger. When I scan the market forecasts near me, I find it regularly visited by e-mail and investment sites, I fall into two equally balanced categories. And those who predict a cataclysm crash, or at least a large amount of falls in the horizon.
Since then, I usually listen to the market tears or fall, I remind the observation that the “Princess Bride” and “Butch Cassid Child” about Hollywood. “Nothing knows nothing.”
Sell ​​the sleeping point.
JP Morgan’s advice to a friend who said he was so nervous about his stock he could not sleep at night
In other words, it may be useful to the end of the most recent stock exchange in the future. We can start with the instability of the last days and weeks.
The average average of Dow Jones Industrial fell 890 points or 2.8%; The wider standard and the poor and the poor decreased by 2.7% and the NASDAQ composite index, which performed technology shares, decreased by 4%. The previous day, Trump refused to rule out his economic policy could decline.
The mood of the market was acid all week. On Thursday, the S & P 500 entered the “correction” area, 10% decline from the last high level, which was recorded in this case on February 19. This indicator presents that any step in Dow Industrials must meet a similar step in Dow Transport Index.
Both fell last week, – wrote the fears of the broader market correction, “wrote: Daily Mail James Gordon:A number
Still Dow Theory is important for today’s economy, is doubtful. It was a coin at the end of the last century, when industrial products were in heavy equipment and physical products that were supposed to be delivered by railway companies.
Today, more than one third of 30 companies in Dow Industrials is engaged in finance, insurance or high technology and does not make a product that needs to be physically moved.
In any case, the relief rally brought a rally on Friday, with which the DOW grows 674.62 points, or 1.7%, the S & P 500 grows by 2.6%. It was not enough to delete all weekend losses, but another growth was followed by 353.44 points, or 0.85% by 0.85% by 0.64%.
None of this means that DownAFT, dancing Dow by 1.65%, S & P with 3.5% and NASDAQ, this year will not resume or will be resumed. But it points to the failure of the stock market with short-term steps.
Market commentators typically advise investors to hardly hang hard at the time of instability such as this one. It has been health advice, although it is not equally healthy for everyone.
It works better for people who have more distant horizons, such as households, during their earned years, which have more time to attract the long-term growth of existing prices and recover from the inevitable periodic decline.
The environment can look more worrying about their retirement. 65-year-old, who was counting on the stock portfolio so that in 2023 he had to resist the retroactive market of almost one fifth exchange market in 2022.
Politicians who are trying to reassure voters and investors are often heard as if they are sugar in their own policy, but it is not always wrong. President Trump’s Treasury Secretary, Scott Base, walked that heated Sunday NBC’s “Meet the press” when he stated.Corrections are healthy. They are normal. Healthy is not straight to get this euphoric markets. That’s how you get a financial crisis. “
Axios reports that with these remarks, Batey, Veteran Wall Street, “Breaked with Orthodoxy.” In fact, his point of view was completely consistent with Wall Streetox. His assumption that “euphoric markets” are constantly making financial crises, however, it is doubtful. Markets can continue their euphoria for years without provoking something like a crisis.
Former Fed Fed President Alan Grinspan warned the “irrational development” of the stock market, but despite the guts of Dot-COM Bubble after 2000, 12 years after the grass remarks. Anyway, Bashent’s Comment Reviewed as Toneliness Protection Trump’s useless economic policyA number
The same phenomenon welcomed President Nixon Declaration in May 1970 that “If I had the money I hold stocks“When he did in a 17-month market teeth, it seemed like a decline since the last December of the second World War in December.
As I wrote recentlyTo be in style one suggestion Whether the white women can play the market with Trump’s statements, it is dangerous to impose the stock developments for imposing or going out of tariffs. This can be true, especially Trump’s trend to pursue a policy that is not implemented.
MY FREE COMMITTEE MANAGEMENT, ACTIVITIES OF ACTIVITIES Calling his followers “Tain the noiseRemove the TV and avoid Trolling, Wild Testiculations and Trump produced by chaos. ” Instead, focus on actually happening. “
The tariffs for Canadian and Mexican goods are a moving target, and they are not mainly implemented, Ritoltz said. Elon Musk’s requirements for mass removal and severe budget of his dogg.
In fact, it is probably possible, according to Ritols, it is the expansion of tax cuts signed in 2017, which contributed to the Corporations and the Federal Trade Commission, which seemed great results than Biden’s FTC.
It is fair to expect Trump’s policy to influence economic growth. including in CaliforniaThe favorite idea of ​​a number of economists and business leaders is that so far he has been made in “uncertainty” economic planning.
Of course, the future is always uncertain. Back in 2010, when the Republicans complained that the “Uncertainty” of “Barack Obama” tax, health and financial reform programs had business management under the terrorist attack under their beds. That It was uncertainty, and it hung it in the most prosperous period of our history.
We can be in the peak phase of the term of current Trump. Touching upon tariffs to weaken, the US Chamber of Commerce quotes a member who is angry that “threats and uncertainty have compiled it.” It’s hard to make business decisions. Companies stop hiringA number they are going to wait for it. “
This suggests that the wait time will only take the image of Trump’s policy to be clearer (assuming it will be once). The stock market is finally a mechanism for measuring further expectations. No one can be sure how far it is before, only that it seems generally more before tomorrow.
Almost everyone with an office or bond portfolio has a different intellectual idea of ​​what they want to do with their investments, if not how to get there. How much risk you want to take? What do you want the money for? How much is your investment horizon?
JP Morgan was looking forward to acquaintances who wanted to press all these considerations in another purpose. He told a friend that he was so worried about his stock he could not sleep at night. He asked. “What should they do? Morgan’s response could be apocryfal, but it includes the truth that investors should share their emotional response in the markets, which should be decisions of investment.
According to history, Morgan answered. “Sell the sleeping point.”
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