The crash?

Those in the game themselves usually don’t give much away, perhaps sites like this:

… do know but how can a layman tell? Amateurs like myself who might have a brain but little financial acumen therefore are not sure whom to listen to.  Also, looking at longterm trends, confined mainly to the US, is not helpful when there is malice going on – a genuine attempt to crash markets – where is that on the charts?

There is this:

Global stock markets are in absolute turmoil as the COVID-19 pandemic wreaks havoc around the world. Few investors have ever experienced the extreme volatility the past month has brought as a significant share of normal economic activity has been grinding to a halt. Major market indexes like the S&P 500 and Dow Jones Industrials have made more daily swings up or down by 5% in the past few weeks than they had in the prior 12 years.

Since the stock market set a record for the fastest 10% decline in history in late February, it has broken that record at least two more times, and even lost more than 10% of its value in a single day on March 11.  

But what we don’t know is exactly how stocks will behave. Yes, they probably will fall more, but it’s a mistake to try too hard to be precise about when to “get in” during a market crash.

General strategy:

As famed value investor Shelby Davis observed: “You make most of your money in a bear market; you just don’t realize it at the time.”

How sound is all the above?  We do have a philosophical difference here.  Those above have ridden crises before and see the Cv and other volatility as just part of the bull and bear, boom and bust – they have all the charts.

What they do not understand and would reject outright is something like an eschatological forecast or a Polly forecast, especially if the Donald does have plans to pull the plug on the bad people.  That’s the question mark here. The Donald may well be sound on protectionist economics, looking at the US alone … but who operates in the US alone now?  Those in the game have investments in strange places, plus there’s the volatile Johnson over here to consider.

Very little online about his moves in relation to markets.

1 comment for “The crash?

  1. Twisted Root
    March 23, 2020 at 14:15

    Allow me to comment as someone who pulled six figures (all) out of stocks at the end of last May and invested 20% of it in stocks in a very specific area at the end of last October which are holding up and doing very nicely so far.

    I don’t know.

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