CBOE Volatility Index (^VIX)
53.75
+8.44
(+18.68%)
As of 8:43:01 AM CDT. Market Open.
AH YES....I REMEMBER THOSE NUMBERS WHEN ING AND OTHER FINANCIAL GROUPS WERE DROWNING....TRUMP HAS A CHOICE, HE CAN BE STUBBORN AND STAND WHERE HE IS AT.....OR HE CAN MITIGATE THE DAMAGE AND COME TO A BALANCE...HIS EGO WILL NOT ALLOW HIM TO BE REASONABLE...AFTER ALL HE IS THE CZAR.....GET IN HOLD TIGHT AND KEEP CALM... THE RIDE IS ROUGH AND RUGGED...R U UP TO IT.?
QUESTION? DO U THINK SANITY WILL PREVAIL AND WE WILL ESCAPE A HARD RECESSION?
Before the Fed came and micromanaged the economy, the American economy went through 10 year cycles. So you saw minor recessions every ten years.
Modern economists think they can prevent these, but often it is like levees on the Mississippi, they prevent small floods but eventually they get overwhelmed every few decades.
Thomas Sowell: There are no solutions, just trade-offs.
FredHayek wrote: Before the Fed came and micromanaged the economy, the American economy went through 10 year cycles. So you saw minor recessions every ten years.
Modern economists think they can prevent these, but often it is like levees on the Mississippi, they prevent small floods but eventually they get overwhelmed every few decades.
LET'S BE CLEAR...THEY FAIL BECAUSE OF LACK OF MAINTENANCE AND ATTENTION WHEN THERE IS A OBVIOUS DEFECT.
