[quote=carlsbadworker][quote=flu]I’d say we are finished for the rest of the year. trade war looms. s&p ends negative this year[/quote]
Unless the trade war indeed materializes, I find it hard for S&P to trend negative continuously if the corporate earning still trends upward. Not that they don’t deserve to go lower based on its sky-high PE10 ratio.[/quote]
Doesn’t corporate earnings reflect what happened in previous quarter. I am.just looking at this from the tarriff perspective. So China just decided to impose tarriffs on farm goods. What if it escalated to other things like auto and aerospace, and then those things trickle.down to parts supplier.
meanwhile seems like trump is hell bent on attacking FANG companies and it looks pretty effective.
seems to me the markets are just looking for an excuse to sell off.
I’m sorry, but things just seem pretty out of wack and pretty overinflated especially in tech. A home we’re trying to rent out we got interest from a bunch of folks, and the comp packages being thrown around is just mind boggling, I don’t see how it can be sustainable…For example, a Tesla engineer applying to lease reported his annual comp is…..$600k…this is from a company that is bleeding cash…. I don’t see how this is sustainable.
