Posted by Fatjay on January 16, 2020 at 08:27:30 from (66.241.32.158):
In Reply to: WOW DOW RECORD $29K posted by Geo-TH,In on January 16, 2020 at 04:33:05:
The market is due for a correction. When that correction will come is largely up to who's in office. I think the correction will be pushed off a few more years, but will look for signs that the correction will come sooner rather than later. It's all about how much faith big business has in the current president. The current policies make big business comfortable, so they spend big, hire more, higher salaries, and it all trickles down to everyone else. If the policies change, they'll tighten their belts, and everyone will start feeling it.
I have my 401k in aggressive funds right now, but I'll certainly be moving them to a more conservative fund hopefully before the correction.
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