Yes, there is serious disconnect , most likely due to election manipulation.
At the last post-FOMC press conference, Fed Chair Powell became a tool of the White House.
No more independence of the Fed and monetary policy.
But I still have to take responsibility for going to cash too much and too soon.
I still have no regret because of the old saying
IT'S BETTER TO WISH WE ARE IN, than TO WISH WE ARE OUT.
NOT A POLITICAL COMMENT, JUST DECENT HUMANITY HERE: I am worried that
Trump will put election above country, economy above lives.
@ Cheese,
IT'S BETTER TO WISH WE ARE IN, than TO WISH WE ARE OUT.
ITA!!
NOT A POLITICAL COMMENT, JUST DECENT HUMANITY HERE: I am worried that
Trump will put election above country, economy above lives.
That's called politics.
Keep in mind that when you're voting, you're voting for a "politician", not a saint.
Ever heard the joke, "What's an oxymoron?" Answer: "Honest politician".
Democrat or Republican - It doesn't matter. Either way, you're voting for a politician.
I already voted, but if I hadn't ... I'd consider NOT voting at all.
It's unlikely I'll ever vote again.
I guess because of my age, I find the current "reality" disturbing.
Too much "1984" for me.
And, BTW, you should be "worried" ... These are frightening times.
I PRAY a lot.
Sometimes, I corresponded with some StockCharts public chartlist authors
Some authors published charts to take the hard edge of their lives.
Some authors suffered from terminal illnesses, others' retirement dreams suddenly changed
when their lifelong partners suffered from debilitating illnesses.
Some asked for my prayers.
A few nice authors urged me to save any of their charts that I liked
because they will sign off forever soon,
which I did and they did.
So, I try to enjoy every day the Lord has made for me.
karennma 8/13/2020 6:39:46 PM
People are LEAVING the U.S.
I don't know where they're going, tho'
=======================================
Apparently, and anecdotally, some fairly well off Americans
moved to selected countries south of the USA and S E Asia
(decent and more affordable housing and health care,
higher living standards, etc)
Whole communities of ex-pats live there.
Needless to say, beware of smooth talking swindlers of all kinds
remember that charge to the church across from the WH, unpatched feds tear gassed and trampled
protestors, many of them woman, and then he walks and holds up the bible, not too christian was it,
perhaps anti christian.
@ Cheese,
Did you see this press conference? If not, I'm posting part of it here.
It's clear, there are some "very rich" people who don't like Prz. Trump.
IMHO, when it's "time to sell", those rich folks will be OUT of the market.
You might consider putting trailing stops on your 401K positions in case the grid/systems crash when the SHTF.
Cheese
806 posts
msg #153571
- Ignore Cheese 8/14/2020 11:36:30 AM
some fairly well off Americans
moved to selected countries south of the USA and S E Asia
===========================================
I used to live in Thailand.
I wish I'd stayed there.
https://www.nationalgeographic.com/history/2020/06/look-inside-thailand-prevented-coronavirus-gaining-foothold/#/covid-bangkok-dancers-with-face-shields.jpg
EDIT:
"I wish I'd stayed there." <<<<<<<<<<< WRONG
THAT would NOT have worked out. LOL!
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