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Eliot Rosewater

(32,536 posts)
Tue Sep 13, 2022, 02:31 PM Sep 2022

I dont know much about the stock market, compared to experts anyway. I have a question.

Is it just a coincidence that often when a new book comes out showing the crimes trump and team committed, or an investigation ramps up, or subpoenas are issued, the market drops big time?

Like yesterday's book about the constant felonies Barr committed.

What is the excuse for today's massive drop?

Is there any connection or am I just pissed and looking for an excuse?
8 replies = new reply since forum marked as read
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I dont know much about the stock market, compared to experts anyway. I have a question. (Original Post) Eliot Rosewater Sep 2022 OP
Here's what I know about the stock market underpants Sep 2022 #1
the driver for today's drop is the inflation report, which came back higher than expected unblock Sep 2022 #2
Markets Plunge as Inflation Data Undercuts Wall Street's Optimism. elleng Sep 2022 #3
Now they are worried about interest rates going up. doc03 Sep 2022 #4
Inflation numbers were a huge disappointment jimfields33 Sep 2022 #5
the market is only loosely tied to politics GenXer47 Sep 2022 #6
Seems like the market is a risky place to be with putin rapidly losing a war. rubbersole Sep 2022 #7
Over the long term, even over the intermediate term, PoindexterOglethorpe Sep 2022 #8

underpants

(186,672 posts)
1. Here's what I know about the stock market
Tue Sep 13, 2022, 02:34 PM
Sep 2022

If (insert event/news) happens the market will rise, fall, or not.

unblock

(54,157 posts)
2. the driver for today's drop is the inflation report, which came back higher than expected
Tue Sep 13, 2022, 02:41 PM
Sep 2022

meaning the fed will continue to hike interest rates, which will further slow the economy and further eat into corporate profits and therefore result in a lower value for shares of stock.

and maybe tomorrow official will make a speech and it will go back up. who knows.

doc03

(36,709 posts)
4. Now they are worried about interest rates going up.
Tue Sep 13, 2022, 02:45 PM
Sep 2022

I think. Every day they state some reason it goes up or
down. Sometimes what we think is a good thing like unemployment going down Wall Street panics thinking people will ask for higher wages. Inflation goes up that's bad interest rates will go up. Inflation goes down they think there is a recession. They had a chimpanzee a few years ago pick stocks and he did better than the so called Wall Street gurooz. Jim Cramer was yelling buy buy buy before the crash in 2008. Myself I have done good just sitting back and riding out the bear markets (so far).

jimfields33

(18,900 posts)
5. Inflation numbers were a huge disappointment
Tue Sep 13, 2022, 02:53 PM
Sep 2022

Why they have to guess numbers to begin with is a mystery. They must increase interest rates. Inflation must be dealt with. It’s the one thing everyone notices. Everyone has to eat.

 

GenXer47

(1,204 posts)
6. the market is only loosely tied to politics
Tue Sep 13, 2022, 03:04 PM
Sep 2022

but it can have an effect - investors assume repugnantkins will de-regulate everything. But this gets "priced in" with so many other factors pretty quickly and then it's forgotten.

PoindexterOglethorpe

(26,727 posts)
8. Over the long term, even over the intermediate term,
Fri Sep 16, 2022, 10:34 PM
Sep 2022

the stock market is very safe. On average, it gains 10% a year. Clearly that varies by a large amount, year to year. Another thing to keep in mind is that two out of every three years the market goes up.

Do not try to time the market. That is a completely losing game. Ignore things like books published, and invest in solid stocks or funds. Diversify. Periodically adjust the investments so they are what they should be.

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