Hi Jeanne, this is just a heads up to let you know you referenced a post from White Falcon, but it's not being displayed. I realize you're in the middle of a website update, and it's probably related to that. Thank you for being on top of things and keeping your website as fast, efficient and user friendly as possible. We, your visitors, are grateful. XXOO
Thanks, KB. Developers are working on the site today (hope it doesn't crash while they are working on it but I decided to get them on it today instead of middle of night when there's less traffic, because I want this stuff working!) It's common to have bugs when you switch to a new hosting arrangement.
HEre's a comment by a new poster named WhiteFalcon that isn't showing up because of a bug in the moderation system which should be hopefully will be fixed today.
FROM WHITEFALCON: Oh the stock market is surely gnna crash in 2018 & certainly looking in to the current stock market conditions we are on the verge of 2018 crash. With Dow almost creating a new record for the first time in the history, there is will be surely 2018 stock market crash.
HERE'S MY RESPONSE: Hi White Falcon. Thanks for posting. And welcome to our forum! It will help me understand your post if you could explain your method for prediction the future. I'm not sure if this is just an opinion, which is fine, or is using some kind of psychic prediction method. Thanks.
2018 feels like it will be a rocky year. But I'm going to wait until our next READ THE FUTURE night on January 22nd to see if we are going to see a market crash this year. While I've been seeing signs of market instability coming, so far no crash for 2018. Something else we won't like is coming our way for the last quarter of 2018 but I don't think it's an economic crash. Unclear at this time. - -Jeanne
I am a lover of seeing others getting help and would love to understand this ascension process and the government or whoever is pulling these strings thoughts on compensation for families before the stock market crashes :-):-):-):-):-) I like just like a lot of others believe in positive change but see a lot of loop holes in this process .
Wow I am so sorry about writing that.. too many other thoughts on spiritual things.. I acknowledge your invested money.. Thanks
Once again I am sorry .. I am from the other era but we are on the same team .. Love yall
Current measures in the GOP Tax package are heading us faster towards market crash. Housing markets in higher priced areas, mainly the urban areas, NYC, Boston, S.F., L.A., Chicago, (all blue politically and that's planned by the GOP), will suffer because of capping the amount of mortgage interest you can have for your home. A crash in housing sales combined with all the other stupid ignorant measures the GOP is taking in their feeding frenzy, combined with a huge deficit they creating, combined with no controls, is going to cause a crash. Timing? 2019 likely.
I subscribe to an investor hotline and they're making a similar outlook as well. The market has been a bull market for over 7 years and it simply won't last.
I don't know so much about the stock market.. I suspect there will be some bubble that will provide a bull market for a time and then it will burst (by design). The broader story is that the stock market is not an accurate bell-weather of the economy in general-- it is just a market that is dominated by public shareholders of the 1%. They own most of everything so other than some market manipulations aided by the government (by design...) in order to give some few a windfall (mainly raiding some value from retirement funds), it is mostly going to be a sector based winner/loser situation.. my prediction is that healthcare will take a hit as it is a sector that has been most under attack by the administration.
However, I think there will be high inflation on food and energy which will effect the poor, working class and middle class. There will be some issues with food prices d/t drought, fires, climate storms, damaged trade policies and contamination/pollution and other climate related issues (pests and microbiologics). Energy prices will go up d/t decreased infrastructure resiliance. Upgrades and maintenance have been neglected and there will be little will in DC to provide funding for local infrastructure--they will deny requests-send it back to the states which will already be struggling d/t federal budget cuts, mandates and other decreased revenues. I can see some legal/criminal impacts on debtors as the low hanging fruit of undocumented immigrants have been rounded up already, there will be increased raids by INS agents to private homes and workplaces, increased tracking on visa holders, harassment of green card holders as well as guest workers and students. They will move on to low level drug arrests (marijuana), parollees, minorities and then debtors who are in default. This is to supply private prison industry quotas who "employ" their internees.
In the long run these trends will be corrected and most will survive and get through it but there will be a lot of increased fear, suffering and increased homelessness/hungry people. The abuses of INS and private prisons and courts (their conspiracy) will be brought to the open and dissolved. Strategies such as growing your own food and herbs, thrift, frugality, increased skills in preserving/baking/cooking will help people get through this time. Community gardens (allotments) and 4H training/classes will be a positive activity-- be a good idea to plan those-get the wheels started. Community organizing, knowing your neighbors and working together to look after each other is also a good network to develop. I see less money available for our consumer driven economy. I know I have changed plans for an automobile purchase and am working on a snowball to pay off debt and avoid more. Possum Living may again become a best seller. Families adding more members to their households as younger adults stay home longer or come back to save money and contribute/work together. The disincentive to buy a home exists when the mortgage interest climbs and the deductibility of it is eliminated. During the 1970s real estate went through the floor. The banks were not lending. My parents were real estate agents and lost a bunch of money, had to find other jobs. There was inflation but our safety net was more intact then.
Yesterday one of my colleagues witnessed the driver of the car in front of her at a stoplight hand over a winter coat to the homeless man on the corner. See, it was in the 50's with sun yesterday but getting colder in the evening with a forecast of some snow flurries overnight & the morning. This is happening now. As always, the least among us are the canaries in the coal mines.