BelleWeather : The soft landing was within grasp…so depressing.

Tonyco BelleWeather :

AlfonsoDex : Do you think we are near the bottom Jay?

SKYWalkers : fundamentals did not change, market is filled with misunderstanding of tariffs.
it will end the year better than the start.

Cow Moo-ney OP AlfonsoDex : maybe a possible short term bounce - purely from technical point of view. but there’s no way to predict if we are near or at the bottom. invest and trade safe alright!

72241773 : misunderstanding of Tariffs.   Just look at what happened to the price of lumber and housing  from 2017 Trump applied tariffs  to what they were 3 years laters.  Also look at the Smoot-Hawley Tariffs of the the 1920s.    People understand tariffs VERY VERY well.   There is reason that Buffett went  80% cash in Nov.  This is exact reason.  This is not the bottom not even close.

72241773 72241773 : Also look at the price of lumber AFTER the tariff was lowered.    Lumber prices went down.   The market is acting appropriately.    Trump just needs to stop the idiocy with the tariffs.   But his ego will not allow him to.   Not to mention his corporate owners who want tax cuts.  Like Home Depot's CEO who stated on the earnings call.   We will stay even with the tax cuts because with the immigrates no longer spending and buy lose... I forgot the estimate.   But he is right.  Migrants boosted our economy.   Now... that growth is being lost as well.    Last time HD missed earning?   2020 during Trump's lumber tariff.