Another down day for the markets.

[DemocratSinceBirth]

This might be the first down year in a decade or so. I believe there was one year where the Dow was down a smidgen but the broader markets were up a smidgen.

Trump might very well be running for re-election, if he makes it that far, during a bear market and an economic slowdown. If those events materialize I can easily see the Democrat winning the largest share of the popular vote since Lyndon Johnson in 1964 and the largest share of the Electoral College vote since Bill Clinton in 1992.

Hope is on the way.

ON EDIT - I am making an empirical observation, not a normative one. The markets don't give a hoot what any of us want or don't want.

[snowybirdie]

1. Not good to hope for a market downturn

The markets provide much of the retirement income for millions of investors and also help fund and grow the pension funds of cities, schools, and governmental services. Lets hope, instead, for a growing market and impeachment and/or resignation

[empedocles]

2. True, bull markets are good for good stuff, but even good markets correct themselves.

This market is an artificially inflated, unhealthy, shakey, market, and it will 'correct' no matter what we wish for.

[DemocratSinceBirth]

8. Please see edit.

Hoping for a bear market has as much effect as hoping my favorite team wins the Super Bowl or the gentleman in my avatar is resurrected, made young and healthy, and is still the undisputed heavyweight championship of the world.

[oberliner]

3. This is so depressing

Depleting retirement funds for some folks who might soon really need that money.

[empedocles]

6. Many retirement funds have been playing with more and more risk.

[oberliner]

7. Good point

And often times the employees don't really have a good handle on how those funds are being managed.

[empedocles]

4. This down market today, is more significant than most recent past down days.

Major indices are now clearly in the 10% correction mode. Moving averages are being penetrated, with momentum, along with myriad other indicators. Be careful.

[Johnny2X2X]

5. Supply side economics is failing again

When will we learn, trickle down doesn't work.

[DemocratSinceBirth]

9. The sugar high of the tax cuts is already wearing off.

Every GDP quarterly figure has been lower than the one before.