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SVTPerformance's Chain of Restaurants
Road Side Pub
Is there a legit depression level crash coming?
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<blockquote data-quote="nxhappy" data-source="post: 16574408" data-attributes="member: 50238"><p>the GOOD news: the stock market is STRONG. If job numbers improve, the market will support itself. With millennials and phone app support, people are trading left and right. What scares me is the housing market. Many MANY states are overpriced with inflated numbers, some 10-30%. With the virus, people are taking a "pause" on their loans, essentially defaulting. In 6 months, people will have to repay their mortgage, and that could be BAD news for some. And of course, we have Sniffy Joe, handing out checks like candy ....which will prop up the market but for how long? </p><p></p><p>The answer: let people WORK and let businesses thrive. The government needs to be supporting small businesses. Of course, we all know that will never happen. Stats show we go on 12 year cycles ....last one was in 2008 ....so it would not surprise me one bit if we took another shit real soon. For me I say **** it ....work hard, play it smart, spend your money wisely. If you are in the stock market think LONG term. If you see the stock market take a huge dump, grow some buys and buy MORE.</p></blockquote><p></p>
[QUOTE="nxhappy, post: 16574408, member: 50238"] the GOOD news: the stock market is STRONG. If job numbers improve, the market will support itself. With millennials and phone app support, people are trading left and right. What scares me is the housing market. Many MANY states are overpriced with inflated numbers, some 10-30%. With the virus, people are taking a "pause" on their loans, essentially defaulting. In 6 months, people will have to repay their mortgage, and that could be BAD news for some. And of course, we have Sniffy Joe, handing out checks like candy ....which will prop up the market but for how long? The answer: let people WORK and let businesses thrive. The government needs to be supporting small businesses. Of course, we all know that will never happen. Stats show we go on 12 year cycles ....last one was in 2008 ....so it would not surprise me one bit if we took another shit real soon. For me I say **** it ....work hard, play it smart, spend your money wisely. If you are in the stock market think LONG term. If you see the stock market take a huge dump, grow some buys and buy MORE. [/QUOTE]
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SVTPerformance's Chain of Restaurants
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Is there a legit depression level crash coming?
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