Absolutely the worst week in years. I sold everything worth anything back in December. That's called capital gains guys. Anyway, It's about 3% since about last month. Being more accurate about: two months.
One of the first things I learned back in high school with the genius Jimmy Carter screwing up everything he touched or spoke about, I lost my first money that meant anything to me in the stock market due to trade wars.
Never seen the market ever respond to uncertainty in a positive fashion. I think I'm pretty correct in saying after all these years, a trade war is not a negotiating tactic. Let me give you guys just a little bit of Jack's wisdom here: the US does feed the world but that doesn't mean that there aren't other countries competing for the same piece of the pie. Our neighbors to the south would love to be able take a piece of the pie instead of having to compete for it if they are able to.
As I mentioned before here, IndyCar racing opened my eyes to a world of money that I didn't know existed and thanks to Doug Shearson for that. Futures and commodities seem more stable despite what everybody says about speculation.
What I believe the market responds to most vehemently is where US basically cripples itself with taxes, endless regulations, and unfunded government spending. So it's easy to see now that US stocks responded to a bad budget.
As an afterthought, I'm actually starting to believe that the left maybe best for my money. Fly over Americans don't really need jobs. Belief in skills and self-worth are overrated. The Joe the Plumber 6 packs can do just fine on welfare and opiods.