Provocative question:

[cilla4progress]

good or bad news the markets are dropping under dump admin?

2 votes, 1 pass | Time left: Unlimited
	Good
	2 (100%)
	Bad
	0 (0%)
	1 DU member did not wish to select any of the options provided.
Show usernames Disclaimer: This is an Internet poll

[lunatica]

1. Bad news for the 1% and Wall Street investors.

The rest of us don’t count.

[SHRED]

2. Many have 401K's, so there's that

[lunatica]

9. Well the market ain't helping them much is it?

The way it works is if Wall Street is making a killing it’s bad news for the someone down the food chain.

It’s simple. The stock market gains when wars break out or disasters happen because the smart ones will invest in arms or disaster emergency products.

[DemocratSinceBirth]

19. The markets trebled under President Obama.

If the markets crash like they did after 9/11 and the piercing of the housing bubble it will be bad for everyone, especially Chump.

[Recursion]

20. Corrections are good for people with 401ks

If you're young enough for your plan to still be buying stocks, you like corrections because they mean you're buying stock cheaper. If you're approaching retirement, your plan will have moved you out of stocks and into fixed incomes anyways.

[rzemanfl]

3. Provocative. n/t

[cilla4progress]

7. Thanks...

Knew it didn't look right!

[rzemanfl]

23. De nada. n/t

[cilla4progress]

4. I mean,

I hate for pensioners etc. to take a hit - including myself and family.

OTOH, it is widely surmised a big drop or hit to the economy is what it will take to change the money grubbing greed based vulture capitalist Rs!

It does away with any "justification" for them to support him. Other than judicial appointments...

[PoindexterOglethorpe]

5. The market goes up and the market goes down.

New highs get set quite regularly, but never new lows. Think about it.

For those with some cash, the market going down offers a buying opportunity.

[bearsfootball516]

8. Exactly. If you're young, investing is the smartest thing you can do.

The market always goes up and down in the short term, but always goes up long term.

Diversify, don't worry about the short term noise, and you'll always come out ahead in the long run.

[PoindexterOglethorpe]

12. Even if you're not young.

I'm 70 and I'm not about to sell everything and sit on cash.

There are people who sold everything when Trump was elected and they've lost out on quite a lot of market gain. I can see not wanting to be 100% in equities -- no one should be -- but parking all your money in a savings account that pays less than the going rate of inflation is not a good thing either.

[dawg]

6. Neither.

Falling stock prices are good for people who are net buyers of stock. (Like young people who are working and adding to their 401(k)'s)

Falling stock prices are bad for people who are net sellers of stock. (Like retirees who are taking distributions from their 401(k)'s)

If you don't own stocks, and have no plans to do so, then stock prices are pretty much irrelevant.

[violetpastille]

14. elegant explanation n/t

[cilla4progress]

10. I know, but

this is like the QB getting all the credit / blame. Symbolic and superficial, but I contend that's what drives the right - symbols. It's all their petty heads can handle.

[WillowTree]

11. Bad news, unless.......

.......you're in favor of cutting off your own nose (& everyone else's) to spite Trump's face.

I didn't answer the poll because you didn't define what "yes" and "no" mean. You might want to change the labels to "good" and "bad". Just a suggestion.

[cilla4progress]

17. Haha - thanks.

My 1st poll, can you tell? I got over-excited..!

[scheming daemons]

13. Things that hurt me financially are always bad news to me.....

....the silver lining is that it hurts Trump.


But this past election showed we can beat Trump even if the markets are doing good. He is that bad.

[KentuckyWoman]

15. Robb is a dingbat.

In honor of SmileyRose ... and Robb.

[Ms. Toad]

16. You are aware that good or bad news . . . ?

is not a "yes"/"no" question, right?

[Recursion]

18. It's good news because stocks have been trading irrationally high

You'd want a correction no matter who was in office.

[Kaleva]

21. doesn't matter to me either way. It's a concern for the well off.

[duforsure]

22. Its good that it shows

trump and the gop policies are a fraud , again , just like it did under W Bush, and people will be forced to realize he and the gop lied again to them. Its bad that people will suffer , but this will wake many of them up when we're in a recession again from their voting for trump and the gop again. .

[WeekiWater]

24. We were going to see a slight correction or at a minimum it was going to stagnate.

Instability among other things has cause a bit more of a rapid drop. Not bad considering its rise over the last nine years. Glad it is happening under Trump for reasons of optics.

[moondust]

25. M$M will focus on "your 401K."

Of course that matters but it's much more about the Richest 10% of Americans Who Now Own 84% of All Stocks. By switching from defined pensions to 401Ks corporations have gotten a lot of poor people to support the stock market.

[AlexSFCA]

26. I've moved everything to stable value

I don’t see stock market being sustainable under trump, it is now more likey that the recession will start before 2020 which should help dems.

[doc03]

27. Good that it helps get tRump out of office. Bad for

my investments short term. Probably good in the long run since the market always does better under Democrats.