Tuesday, December 18, 2018

Tired of winning?

Any time the stock market was up, His Lardship tweeted self-congratulations.  He hasn't mentioned the market for a while now.
Stocks tanked on Monday, pushing the S&P 500 to a new low for the year amid growing concerns that the Federal Reserve's plan to raise interest rates could be too much for the economy and stock market to handle.

[...]

The tech-heavy Nasdaq Composite dropped 2.2 percent to finish the day at 6,753.73 as Microsoft dropped 2.9 percent. The Russell 2000 — which tracks the performance of smaller companies — entered a bear market, down 20 percent from its 52-week high.

[...]

Tech favorites of the bull market got hit hard on Monday with Amazon losing more than 4 percent. Alphabet tanked by 2 percent.

Very few stocks and sectors gained on Monday, even defensive utilities and staples were mostly in the red.

[...]

The Dow and S&P 500, which are both in corrections, are on track for their worst December performance since the Great Depression in 1931, down more than 7 percent so far for the month.

  Axios
...but hey, do what you want...you will anyway.

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