This, Too, Shall Pass

 

If you have stocks or invest in a pension fund, you’re probably worrying about the precipitous decline in the DOW. But don’t panic. We’ve been there before and we’ll be there again. What goes up must come down, and what comes down usually goes up again.

You might have known this crash was coming. Stock prices were inflated. And much of the “wealth” they represented was just hot air.

What is Google really worth, if anything? Facebook? Netflix?

There’s a lot of sizzle there, but where’s the beef?

I suspect there’s more to the market’s fluctuation than that, though. Forgive me if I sound like one of those wild-eyed conspiracy theorists, but I believe there’s some skullduggery afoot.

Most of the securities belong to a handful of people – something like 5 percent of the US population. More than half of the country don’t own any stocks or bonds at all.

What about those pension plans? Doesn’t everyone have a 401 (k) or something like that?

Sorry. Only 10 percent of Americans have pensions. And their investment is in mutual funds, which aren’t the ones moving the market. It’s the big hedge funds, with their massive trading volume, that are triggering the volatility.

With that kind of concentration in so few hands, I wonder if sinister forces are at work.

I’m sure the big investors include some bad actors. And they make money when the market fluctuates, not when it rolls along at a steady pace.

You know what the experts say, buy low and sell high. And the lower the market, the bigger the bargains. So if you own a huge portfolio, why not sell a chunk of stock to push prices down? One or two traders wouldn’t have the clout to do that, but what if there was a conspiracy involving a bunch of the big guys?

Of course, they wouldn’t make any money if the market didn’t go up again, so you can bet they’ll be working the levers soon to make that happen.

You probably think I’m crazy. After all, what do I know? If I were so smart, wouldn’t I be rich?

But I’ve lived a long time and I’ve seen the DOW fall too many times to remember. And, this I can tell you,  the market always comes back up.

So if you own a few shares of Wal-Mart or GE, don’t let them scare you out of the market. Hang on, Sloopy, hang on.

How the DOW is doing

How the market is manipulated

A case in point

Listen to Sloopy

5 thoughts on “This, Too, Shall Pass

  1. Good news for many, I’m sure. Off to Toronto and then Jamaica. Keep on writing George, We’ll be back on the 12th or 13th of March. Then we’ll rest up for a bit and head down to see you. Love & Blessings, Bill & Faye.

  2. George your story All Quite on The Post Lane certainly drew many comments.I found them all interesting but Warrens was different.Janice, poor thing she really has problems but I certainly understand her love for Trump because they are so alike. They love Chaos and arguments so they stick to the same old ignorant beliefs that cause contention.No matter what facts you present to Trump or Janice they have a way to dismiss the evidence as false and continue to repeat the same false information. Janice before you come back here to start cursing me again just remember, I presented you with a link that showed your story about Margaret Sanger and Hillary Clinton killing off black people was a hoaxes but yet you come back repeating your lies.That kind of lies Janice may have turned off Black America to vote for Trump. The campaign for Presidency has ended so there is no need to continue repeating garbage on Margaret Sanger.
    We now live in a Century that is broken and needs fixen
    enjoy video.
    https://www.youtube.com/watch?v=rvEvGX9llq0

    Remember:
    We are all Humans until
    Race disconnected us,
    Religion separated us,
    Politics divided us and
    Wealth classified us.
    One Love, Eddie Taylor

  3. https://en.m.wikipedia.org/wiki/Margaret_Sanger

    ‘She believed that they both sought to “assist the race toward the elimination of the unfit.” They differed in that “eugenists imply or insist that a woman’s first duty is to the state; we contend that her duty to herself is her duty to the state.”[112] Sanger was a proponent of negative eugenics, which aimed to improve human hereditary traits through social intervention by reducing the reproduction of those who were considered unfit.[113]’

Leave a comment

Your email address will not be published. Required fields are marked *