Quote:
Originally Posted by Edward64
Yeah, today hurts. I'm not looking at my portfolio until things stabilize or trend upwards again. Fed meeting around the 18th, so hoping it'll happen then.
If the market continues to slide or recession fears dominate the news, won't be good for Kamala.
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What are you seeing that worries you about a slide or recession? Markets have had a great YTD (Dow up over 8%, NASDAQ and S&P over 16%) and are all up over the last month. With interests rate higher than most of us are used to, they have cuts available if/when needed. And, presumably, whoever is elected will have some type of tax cut program that will also be available.
I'm obviously not an expert, but things seem much less concerning to me than they did post-Covid and when Ukraine-Russia were first heating up.