[Closed] The Economy

These are the same actions that were taken in 2007.

https://www.cnn.com/2019/09/19/business/overnight-lending-market-turmoil/index.html?utm_medium=social&utm_term=link&utm_source=fbCNN&utm_content=2019-09-20T04%3A31%3A00

The topic of bartering came up on this thread a little while ago, and that got me me thinking about a prophetic near death experience I read a few years back following my own NDE. The woman who experienced the NDE in question, which occurred in 2005, was shown "our financial institutions crumbling or better said our money not being worth the paper it is written on. I was shown silver and gold coins being used to purchase things. They said that in time, we would be going back to the barter system."

Make of it what you will. But I do want to reiterate a point I made earlier: that with novel forms of gift exchange and gift economics, a return to bartering need not be a regressive return to medieval village living. 

I'm not an astrologer, but I follow a handful of astrogers who specialize in the correlation between astrological events and stock market movement.  They're all forecasting October will be an economically volatile month. Mostly, it has to do with the influence of Pluto and/or Saturn, a long Mercury retrograde period, and the endings/beginnings of certain astro-financial cycles (that I don't quite have a handle on).  Anyway, for whatever it's worth, I'm sharing the dates being highlighted as particularly volatile.  Often the volatility occurs on the EXACT predicted date.  Sometimes, however, it's more like a range of opportunity, with the volatility event occuring either a couple of days before or a couple of days after.  

10/07 Monday, Sun square Saturn
10/09- 10/10 - Wednesday-Thursday, critical market peak or market reversal dates
10/11- 12/07 - Mercury retrograde period = "chaos on Wall Street and worldwide markets"
10/13 Sunday, Full moon square Pluto
10/14 Monday, Sun square Pluto
10/28 Monday, Sun oppose Uranus, New moon opposite Uranus

NOTE: This was the same astrological signature when the stock market crashed in October 2007

Might be a good month to buckle up and hang tight.  

Thanks for sharing, let's see what happens.

apparently October can be a very volatile month:

The October Effect:

https://www.investopedia.com/terms/o/octobereffect.asp

The events that have given October the reputation for stock losses have happened over decades, but they include the Panic of 1907, Black Tuesday (1929), Black Thursday (1929) Black Monday (1929) and Black Monday (1987). Black Monday, the great crash of 1987 that occurred on October 19 and saw the Dow plummet 22.6% in a single day, is arguably the worst single day. The other black days, of course, were part of the process that lead to the Great Depressi​on - an economic disaster that stood unrivaled until the mortgage meltdown nearly took out the whole global economy with it.

October has traditionally been the most volatile month for stocks. According to researchfrom LPL Financial, there are more 1 percent or larger swings in October in the S&P 500 than any other month in history dating back to 1950.

I tend to write comments on the NYT articles, Washington Post and even Yahoo(which is filled with Russian bots and T supporters) and I remark with this info:

All Americans need to also read the following information that is Statistically Accurate about how our economy always does better under a democratic president and begs they question: Why would you ever vote for a republican ever again?:

https://evonomics.com/economists-agree-democratic-presidents-better-making-us-rich-eight-reasons/

https://www.jec.senate.gov/public/index.cfm/democrats/2016/6/the-economy-under-democratic-vs-republican-presidents

I figure if only ONE GOP voter or T supporter reads my comment then its starts with "1".

I found this interesting, the banks are secretly being bailed out again....

https://www.youtube.com/watch?v=XRQecD-Gopg

I'm going to bump this thread up again.  We are at all time market highs (S&P 500 at 3100+).  There are a number of things that starting to be in play that might negatively impact the economy and the stock market that you would want to consider.

1.  Markets HATE uncertainty
     The China deal seems to be hitting snags, uncertain if it will pan out.
     The President and his cabinet have been implicated in a conspiracy.  As this pans out (and we all     believe it will pan out), there will be uncertainty as to who is going to lead or set policy.
  Netenyahu is being brought up on corruption charges.  This can cause more uncertainty outside the US markets.
    Additionally, there is the Brexit fiasco, the report Johnson isn't releasing about Russian meddling. etc.

2. US manufacturing is weakening and the labor market in the US is slowing.  WeWork is laying off 2400 world wide.

3. US housing market is softening.  There is a lower inventory of houses on the market, which should cause a price spike, but the opposite is happening, the prices are coming down.  And this is AFTER the feds cut interest rates, which would free up money to pay more for house purchases.  This is a HUGE red flag that houses are hard to move and sellers are lowering prices to entice buyers.

What does this all mean?  If you have money invested in the stock market (personal money or long term retirement money), you may consider moving a portion of it to less risky investments, (out of equities and into bonds/money market funds for example) to reduce the pain of a sudden downturn.

I'm not an economist, nor do I play one on TV.  Jeanne pointed out that the latest prediction round didn't bring up stock market corrections.  But, you may want to talk to an investment professional to re-evaluate your short term investment strategy (which is a prudent thing to do).

@codyroo

The fact that Trump has tweeted that if he's forced to leave office, the markets will crash, doesn't help market stability either.

Wow.  Look what is happening in the Netherlands.

https://www.cnn.com/2019/11/21/investing/pensions-crisis-negative-rates/