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Post by Sigurdur on Aug 21, 2023 1:35:58 GMT
I remember the last time this happened was around 2002 or so. I fairly thought that the US market would be mostly immune to China's debt problems, but that wasn't entirely true. We had a stock market downturn, it took the air out of the sails of US stocks. Of course it came back in due time. But I may sell stocks in the morning. Code, are you there? I may as well. Will have to hunt a bit to achieve my 6%+ dividend returns. Also have a nice appreciation value. Guess it may be time to switch to protect mode. The US economy has huge craters as well. |
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Post by Sigurdur on Aug 21, 2023 2:13:04 GMT
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Post by walnut on Aug 21, 2023 3:08:34 GMT
If stocks sell off the dollar will be strong for a period.
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Post by walnut on Aug 21, 2023 3:09:46 GMT
I remember the last time this happened was around 2002 or so. I fairly thought that the US market would be mostly immune to China's debt problems, but that wasn't entirely true. We had a stock market downturn, it took the air out of the sails of US stocks. Of course it came back in due time. But I may sell stocks in the morning. Code, are you there? I may as well. Will have to hunt a bit to achieve my 6%+ dividend returns. Also have a nice appreciation value. Guess it may be time to switch to protect mode. The US economy has huge craters as well. If you have any good ideas feel free to share Williams Companies (WMB) will be an attractive dividend and appreciation play after a nice September sell-off. But the next ex-date is 9/8. |
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Post by Sigurdur on Aug 21, 2023 12:39:15 GMT
I may as well. Will have to hunt a bit to achieve my 6%+ dividend returns. Also have a nice appreciation value. Guess it may be time to switch to protect mode. The US economy has huge craters as well. If you have any good ideas feel free to share Williams Companies (WMB) will be an attractive dividend and appreciation play after a nice September sell-off. But the next ex-date is 9/8. ET has been paying over 9%. Near upper end of range as far as price. |
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Post by walnut on Aug 21, 2023 13:05:01 GMT
If you have any good ideas feel free to share Williams Companies (WMB) will be an attractive dividend and appreciation play after a nice September sell-off. But the next ex-date is 9/8. ET has been paying over 9%. Near upper end of range as far as price. Definitely one to consider after the sell-off. |
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Post by duwayne on Aug 21, 2023 14:41:55 GMT
A lot of pessimism here. If you have real concerns about the long term future for investments you can currently buy zero coupon US Treasury bonds for $39 that will pay you back $100 in 20 years if the government has the money or can borrow it. |
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Post by flearider on Aug 21, 2023 16:18:14 GMT
A lot of pessimism here. If you have real concerns about the long term future for investments you can currently buy zero coupon US Treasury bonds for $39 that will pay you back $100 in 20 years if the government has the money or can borrow it. and how many here will be alive in 20 yrs ...lol just saying  |
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Post by Sigurdur on Aug 21, 2023 16:23:04 GMT
A lot of pessimism here. If you have real concerns about the long term future for investments you can currently buy zero coupon US Treasury bonds for $39 that will pay you back $100 in 20 years if the government has the money or can borrow it. I am an optimist. Saying the above, the interest burden will soon overwhelm. Inflation is very sticky. In absolute terms, this decreases the value of the National Debt. The biggest problem is there is no slowdown in the rate of increase in the National Debt. I am also a realist. |
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Post by walnut on Aug 27, 2023 13:52:41 GMT
After all the hype, China's GDP per capita is about the same as Mexico's. And a little over 1/5 of Mississippi's.
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Post by code on Aug 27, 2023 18:01:52 GMT
I remember the last time this happened was around 2002 or so. I fairly thought that the US market would be mostly immune to China's debt problems, but that wasn't entirely true. We had a stock market downturn, it took the air out of the sails of US stocks. Of course it came back in due time. But I may sell stocks in the morning. Code, are you there? Yep |
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Post by glennkoks on Aug 28, 2023 2:37:02 GMT
I remember the last time this happened was around 2002 or so. I fairly thought that the US market would be mostly immune to China's debt problems, but that wasn't entirely true. We had a stock market downturn, it took the air out of the sails of US stocks. Of course it came back in due time. But I may sell stocks in the morning. Code, are you there? Yep In 2002 our debt in relation to GDP was about 53%. Currently it is over 120% and showing no signs of stopping. The market seems to be turning a blind eye to our debt issues but there will come a time in the near future where it cannot be ignored. |
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