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Old 08-02-2024, 03:13 PM   #13834
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Quote:
Originally Posted by lewdog View Post
Mag 7 selling off on ERs, unfavorable job report, Amazon less than stellar earnings, dollar weakening even further.....recession looming???

We could see an actual correction, which is needed. We are only down 5.8% from ATH. I won't suggest bear market (20% down) but there's a lot of indicators flashing louder than they have in the past few years.
The thing I keep telling myself is that we were having a fantastic year, and even with this selloff I'm still up on the year in my investments. It's horrific right now, but it's really just taking back gains rather than inflicting losses.
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