Author, Speaker, Instructor, Radio Host
The Stock Market moves up and down sometimes based on confidence, and political happenings. The market is overall healthy, and has taken a recently needed correction, with a 1,200 point drop. . . but now it is up again ... with fluctuations happening by the second.
Personally, I am not a fan of what I consider to be a casino-style gamble, but the reality is, the stock market is tied into our economy, and one of a number of signs of economic health.
This morning the market dropped 500 points, then rose 350 points (it's been between 100 and 200 up over the last few minutes), with a push and pull of investors who, perhaps based on Trump's actions and words, and perhaps knowing things we don't, are buying and selling at a nervous rate. Some experts have said the volatility is the result of fears that inflation is coming.
All of the major indexes have been riding the latest rollercoaster, shooting downward out the gate, before working on a steady rise.
On Monday, the Dow dropped 1,175.21 points, having briefly declined more than 1,500 points during the session. This all happens after a very good rise over the last year, and a pretty good hot start for 2018. The Dow and S&P 500, in fact, had been breaking records. So, with how high everything has been, small drops are not a big concern. A massive drop, however, where things crash, that's when the economy gets smashed, and jobs are lost.
The news has not shown us any reason for that to happen. While there is concern, for some it's simply a more rapid and hair-raising situation of normalcy. What goes up, comes down. What goes down, goes up. The goal, after it is all over, is that after all of the indexes do what they do, the market isn't in the red. It's a long-term proposition. It's a long-term ride.
-- Political Pistachio Conservative News and Commentary