Cdub100 3,689 Posted Sunday at 09:16 PM 12 hours ago, nobody said: Wasn't cdub the guy that said it was time to sell when the fed lowered interest rates in September. I mean... Yes, I said that was a signal. I know you're trying to paint this in black and white. I've admitted I don't know what's going to happen—nobody does. I also haven't "sold" everything. I've DCA out of the market 10% the last four months. I am still 65% in stocks (if I include some other investments) I'm probably 80% still in stocks and 100% in crypto. I agree with some of what @Horseman said I started selling when the fed pivoted. Trump being president or Biden didn't mean anything to me. Only market conditions. Unlike the dot com, housing bubble or covid crash. I believe the next major crash will be debt-driven. Share this post Link to post Share on other sites
easilyscan 716 Posted Sunday at 09:53 PM I hope Powell doesn't give into pressure from Trump regarding interest rates. I believe that historically low rates, which bottomed late in 2021, played a significant role in creating the inflation we're all dealing with today, & don't believe the job of the Federal Reserve is to coddle the markets. https://www.cnn.com/2024/12/19/investing/markets-powell-trump/index.html Share this post Link to post Share on other sites
Cdub100 3,689 Posted Sunday at 10:44 PM 16 hours ago, easilyscan said: I hope Powell doesn't give into pressure from Trump regarding interest rates. I believe that historically low rates, which bottomed late in 2021, played a significant role in creating the inflation we're all dealing with today, & don't believe the job of the Federal Reserve is to coddle the markets. https://www.cnn.com/2024/12/19/investing/markets-powell-trump/index.html Cuts will lead to massive inflation Not cutting will lead to hirer unemployment. Damned if they do damned if they don't I honestly, think that's one reason DOGE is looking hard at government spending. If they can cut that it will help lower inflation allowing them to cut rates faster. Share this post Link to post Share on other sites