Quote:
Originally Posted by longbow  The stock market has been bad the last "few weeks" On paper it looks bad, but I've not sold anything. I have bought some cheaper stocks.
If I sell, I will have a loss, but a huge taxe deduction and carryover.
My credit cards have not be cancelled. China has not dumped T bills. Inflation is in check. Gas is cheaper.
My insurance is still inforce.........
However,
The dow crossing 8,500 will not be good and will panic many. It will raise an eyebrow with me. My concern is China dumping our T Bills or the Fed going crazy and printing money to pay off debt. Those two things will work me up. |
Feds printing money = inflation (understand that). China dumping T Bills = tanks value of dollar?
Help me with the second one there...