S&P 500 falls to -8.5% since Jan 20 with market selloff

Hate HOA. Never live in one.

Nosy people with nothing better to do than be pains.

 

there are upsides, community clubhouse/pool, boat storage facilities, gym, etc and older so fees not bad..but always something to complain about something. it was only up on stands for around 4 hours...guess it was the air wrench and compressor that set her off

 

This is a bit of BS because the stock market had already done its v shaped recovery before the 2020 election. It’s not as if Biden came in with markets at some unnatural low point.

There were definitely issues for the economy to work through post-COVID (continued shortages out of China, semi-conductor shortages), and some “pent up demand” in travel and certain goods caused the economy to rip further AND caused spiked inflation in 2022. But it also isn’t like Biden came in with markets at such a low they could only go up. That was half true for Obama who inherited W’s financial crisis.

 

I won’t disagree with anything you say here.
The market has done very well the last 4 years. Partly due to all the tings you mention. 6 Trillion injected into the economy will help that.

The big tech run up the last 9 months due to the AI craze has made a lot of money, Deepseek really helped cool that FOMO off. Stocks go parabolic for only so long.

Don’t mistake my comments as ignoring the fact that Trump’s actions haven’t had a big impact but it’s not just because of his tariff tirades. There are others forces at play.

In hindsight I was either lucky or wise to dump all my GEV, CRWD and portions of MRVL and PLTR near their tops. I had multi x returns going. Things had just gotten too frothy IMHO and I’ve seen that story all too often.

Things will be choppy for a while and if I could buy the VIX in my SEP I would have weeks ago.

 

The problem with the markets is that they simply don’t understand the brilliance of Trump.

Sean Hannity attacks the stock market for crashing while Donald Trump is president