The boiling frog analogy applies to many aspects of humanity. It's amazing what people can rationalize away even if it goes against their values and interests. I am not sure how correcting an improper use of tariffs (which would ultimately benefit all of the major AI stocks vs. now) would result in a market downturn. I would have figured the opposite as it has led to intense friction with China and reduced sales to them. Also, we are way past the moderates being taken seriously. The only thing people listen to are the insane fringes on either side. Those are the people who ruin any meaningful discussion and compromise trying to be had by the adults in either party. Based on what I am seeing, it's going to have to get a lot worse before the silent majority get angry enough to snuff out the lunatic fringe.
A big loss for me today....again. What a WASTE. Plus a loss to the SP500 today by...0.76%. Moving on to the endd ot the week tomorrow and the last week of a CRAPPY November on Monday. Good riddance.
Today was a blast! Started off with a cup of coffee and a sea of green! Then the world was like NO! NO!, we can't have that! This goes against the deep rooted meaning of the Perdition Market! While I don't think this is the bottom of this short term correction I did take advantage of the pull back to move a chunk of my 401k int a self directed retirement account and into individual stocks. At this time I'm leaving a chunk in the company 401k that will be solely S&P500 still.
