Thanks to the stable genius, we're looking at a long, dark road ahead.
This should make RL and the gang eager to speed up the "right sizing".
Brace yourselves for impact in 5, 4, 3...
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Maybe RL can meet with the orange felon and sort things out. Hey, he might even get a cushy cabinet position this time.
Lowest oil prices in 4 years. MOAA. Make Oil Affordable Again.
A GOP prez ki-ling US O&G companies wuz unexpected
There are no requirements to be invested in stock in your 401K or personal accounts.. the markets are still almost double their 2020 value. Check out stable value fund if that helps you sleep better.
@cw+1jqwb395b You should be playing the long game. If your retirement can't take a 14% drawdown, then you aren't doing things right. I expect a 25% pullback, so think S&P 4600. At that point, pile in as much as possible!
When oil prices are this low losing money on North Slope. Goodbye once and for all Alaska boondoggle and all the parasites who work there.
Check out your retirement account this morning and tell us all how it’s perfectly ok. Billionaires scrooing the world because they have nothing better to do with their time.
So sad.
Our country hasn't been living right. Just like an addict, there will be a withdrawal period. We need it, its healthy. Our economy has been juiced by (among other things incl falsely low interest rates) government spending being used in the calculation of GDP. If we are all going into debt, as a country, to fund gvmt spending, that money is being pulled out of productive capacity to fund inefficiency. As such, when you go cold turkey from stealing from productive society to fund unproductive gvmt, there will be a lag time that will surface in the economy.
We have always had recessions and downturns. By eliminating those using gvmt funny money tactics, we have taken the economy to the precipice of disaster.
Yeah I also was Obama was back in office for a second term. I mean Biden.