Stock market is down again...

[NEOH]

Stock market is down again…It’s been going down for over a month.
Wonder why.

]https://finance.yahoo.com/

[Johonny]

1. A lot of hedge going on

Economic numbers are good, but maybe too good. So interest rates won't go down as fast as some desire.

They want deregulation and Tax Cuts. They don't want tariffs. Jan 20th coming fast and uncertainty is huge now.

[Attilatheblond]

2. We saw many companies raising prices without real cause before election

Amped up inflation in order to make it an issue to help GOP candidates. I wouldn't put it past some to cause a market dip just before The CONVICTED Felon takes office so any bump in the market can be credited to the puppet they put into office.

[doc03]

3. What did Trump say yesterday, he may declare

an economic emergency. Last year was going to be the best year ever for my IRA but after he started his a tariff talk and taking over Canada it has tanked.

[Norbert]

5. My 401K dropped 2% since its peak in November

I still think the idiot is going to make Hoover look like a New Dealer before it's all over. Hope I'm wrong.

[WarGamer]

4. Today's dump is all about employment numbers coming in hot...

The better the economy, the longer rates stay HIGH...

The market HATES high interest rates... as should ALL Americans.

[Norbert]

7. trump is going to lean hard on Powell to reduce the Fed rate

I'm sure he will get Faucied by the idiot.

[WarGamer]

8. High interest rates are the ultimate inflation.

Egg Farm buys tractors and trucks, pays more in interest... cost of eggs go up...

Interest paid is a cost of doing business it raises prices.

There are literally people who can afford 350k worth of mortgage today that could afford 500k 2 years ago.

Car payments that were $400 back then are $550 now.

[haele]

6. Employment figures. The Fed has little reason to drop interest rates.

So stocks are down.
This always happens when the Jobs numbers increase.
High unemployment drops labor costs and negotiation power (leading to the "If you don't like my rules and the way I exploit you, I can hire someone else who will gladly put up with it" Management practice).
Shareholders love that, along with low interest rates so they can borrow money to buy more stocks and make more profit. Of course, lenders don't really like that the lower interest rate, but that's offset by more borrowers, so they make profit no matter what.

[doc03]

9. I think Trump is trying to drive the market down

as far as he can before he takes office.

[NEOH]

10. Closing Numbers

DJIA: -696.75
S&P: -91.21

[ck4829]

11. Time to stop talking about the stock market, I don't want to know how billionaires and oligarchs are doing

How are evictions going, how are debt collectors doing, what about foreclosures, bankruptcies... the more of those, the more lucrative it is to be in the debt collection field or the payday loan business, then the worse the economy is.

The stock market won't tell me that.

If it's not hard out there for a debt collector or if the cops are slapping eviction notices on doors, then the economy is not in a good place.