Saturday, May 3, 2025
A week after the Great Stock Crashed . /Carlos Pueblo
A week after the Great Stock Crashed./Carlos Pueblo
The first 100 day of the second Donald Trump's second U.S. Presidency is the
Second Great Stock Crashed after the 1929. It's predicated that the U.S. is
centering a recession if not in the second Depression; however, I see a little
bit of up tick on the market for a week after the crash. I do check on my
portfolio every night and I notice the significance of movement that my lost is
eliminated by more than a half and I am more of a released in my stressful mind.
Obviously the FDR's rescue policies after the Great Depression such as the 1935
Security Law Act., the Social Security Benefits, and the FDIC are all put into
good use this time.
As I carefully evaluate the crashes and my security holdings, I realize that I
do own certain portion of the U.S. Companies. We may have the worst President
yet I don't believe my savings of the diversified investments are all running
by the idiot like Donald Trump! Plus, I have been unemployed for a long time
and I am old, Do I have another choice?After I cashed some holdings, I must
stay in the marketand wait for my next opportunity. Of course, I bet the U.S.
Economy is still very sounding and alive.
Social Security benefits and the FDIC are both insurance products as well as
President Johnson's Medicare. With these three coverages, I can't think that
anything else would bother me for the time being. I believe that most people
have the same conclusion and that is why the market stopping the crashing for
a week. We're expecting the U.S. Economy will lead the depressed World Economy
out of this trap from Trump.
I don't have to tell Trump and his MAGA supporters what I am thinking of, they
are not interested . I saw some years or more than one year that Clinton, Obama,
and Biden Administrations that the U.S. annual revenues are higher than expanses
and the Federal Government doesn't bother to pay back the piling National Debt.
I can't understand the reason why and can only think the homeconomics and the
national economic are very different to manage.
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