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Wednesday, December 26, 2018
What;s Going on in the Stock Market
According to Reuters, this holiday shopping season has been the best in 6 years due to a robust economy. There is nothing at all wrong with the Stock Market. While it is a fact that this has been the biggest Christmas selloff since the 30's Depression, it has nothing to do, or at least very much, with tariffs, or China Trade, or certainly not Trump's Tweets.
No, the two main reasons for the Stock Market dropping, are first of all; Computerized Algorithms based on the needs of Fearmongering Traders. These Algorithms are designed to make sure greedy traders never lose a penny and that all loses fall on every day Stock Holders and not on themselves. As soon as there is any bad news, any whatsoever, regarding the Stock Market these programs are designed to sell off quick at the first hint of trouble. The Programs themselves are the Trouble. They start a Landslide, Snowballing, Multi-day selloff when a simple correction is all that is called for.
The Second Problem is the Fed overcorrecting and selling off assets from their own ledger. The Chairman could have avoided a selloff by a few carefully chosen words in his last report, but he chose not to. He chose instead not to say a word and let the Stock Market react negatively. He wanted to hurt Trump; to make him look bad; to get even for Trump Tweets he didn't like.
Yes, Fat Cats are Always Greedy, the Fed is Greedy, big time Traders are Always Greedy. Artificial Intelligence, (eg. Algorithms), is never intelligent enough to do the right thing. Cold and Callous, all Computers know to do is make money for their owners, Damn the Stock Market, and innocent 401K Owners. Grab the Cash before someone else does.
So quit listening to the Nay Sayers and the Leftist Media, (but then that's the same thing isn't it?). Nothing here is Trump's fault. That may be the way the Media and the DNC want to Twist it but Trump is doing a completely marvelous job. The only ones Squawking are the Swamp Creatures going down the Drain, and the Media who need Swamp Creature drama because they can't write a True Story and make it interesting.
We all had a Wonderful Christmas because Trump has put our money back in our own pockets. Trump even thought enough of our Troops to make a Midnight Run to Iraq and visit them to build Moral. The Stock Market will Rebound, in fact it is doing so as I write this. America is in Good Hands. We Elected a Champion. Happy New Year!
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