Anybody Buying Yet? Where’s the Bottom?

[noharleyyet]

 

[Wildabeest]

Should have bought Amazon, Google, Tesla, ect, stock like everyone else did, I suppose.

Or PLTR when I told you to. I think you still owe me a steak dinner .

 

[406dn]

I didn't get any benefit from the Obama/Yellen low fed rate years. Yellen is a prime example of a political stooge. She was a disaster.

How would that happen? I retired just as she became the Fed chair. I caught and rode a great ride in the market.

I think you are letting your own biases cloud reality.

A disaster would be a president whose tariffs are more volatile than the stock market.

 

[Flatrock]

Right now, high interest rates would be in my best interest. High oil prices, too, for that matter.

Trump wants rates much lower and to drill baby drill. Said the cut this week should have been "at least doubled" and that rates should be down to "1% and maybe lower than that" within a year. Sounds like the opposite of what you want. Interesting you never mention that.

 

[brymoore]

There’s no drilling when oil is below $60 a barrel and Texas is slowly going bankrupt.

 

[BigHornRam]

Trump wants rates much lower and to drill baby drill. Said the cut this week should have been "at least doubled" and that rates should be down to "1% and maybe lower than that" within a year. Sounds like the opposite of what you want. Interesting you never mention that.

Of course trump wants low interest rates and low gas prices. That's what every President would want. My comment about what was best for me personally was in response to SAJ-99 saying, "This argument is odd given you would be absolutely fine with a political animal with a clear bias toward what you think you want."

I have a fair amount in cds right now as well as stock in an o&g company. What trump wants, hurts my portfolio to some degree. What I want, is what is best for the country. Right now, I believe a lower fed rate and low oil prices are what is best for the country. I can wait this little speed bump in my portfolios out for now.

Understand?

 

[BigHornRam]

There’s no drilling when oil is below $60 a barrel and Texas is slowly going bankrupt.

EIA forecasts U.S. crude oil production will decrease slightly in 2026 - U.S. Energy Information Administration (EIA) https://share.google/uniXdCZ9Ap8P2um7f