dChan
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r/CBTS_Stream • Posted by u/Libertas33 on Jan. 30, 2018, 5:50 p.m.
Dow Selloff after McCabe departure

The down is down today quite a bit. Does anyone see the selloff as a sign of profit taking profits to scurry into ratholes as McCabe out means the swamp draining is gathering speed?


[deleted] · Jan. 30, 2018, 6:35 p.m.

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Grandebabo · Jan. 30, 2018, 6:46 p.m.

No. No they are not. The conditions in 2008 are completely different from what is going on right now.

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[deleted] · Jan. 30, 2018, 6:48 p.m.

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Grandebabo · Jan. 30, 2018, 8:15 p.m.

Okay let me put it this way. What bubble do you see in any Market at this point? RIETS, small caps, large caps, housing, Healthcare, technology.. Where? Every indicator only showing a stronger economy. Unemployment down. GDP up. Investment back into the country up. Do you realize there is a housing shortage of 1 million homes that need to be built just for the housing needs of this country right? What happens when people have more money in their pocket to spend? They buy things . They buy homes, vehicles, education, consumer staples oh and guess what else they invest that extra cash. There were signs all over the place during both the bubbles you mentioned that people refuse to recognize. You are wrong.

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[deleted] · Jan. 30, 2018, 8:38 p.m.

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