There’s a lot of shit being spewed across the internets. Men more fit for prison than financial news, wearing black hair nets, discussing the day’s events with a dark sense of perversion–wish-casting for equities to plunge lower. These are the sort of people, if elected President, I’d immediately kill. For the greater good of the nation and its legacy, I’d immediately declare heinous acts of murder to be thrusted upon the bearshitter class.
I realize I’ve been reporting on a lot of negative events. “The Fly” is a man of the people. I give them what they want, not what I think they want.
Let’s discuss facts and seasonality and precedent. Yes it’s true, stocks have never quite been fucked like this during the first week of January. But, lucky for us, its been fucked plenty of times during the entire month of January. So let’s look at some of the really bad years– when January went down 4% or more to look for clues of what to expect in February.
SPY performance
2000: -4.87%
next month: -7.1%
Okay, that really sucked. Let’s look at another one, shall we?
2008: -4.83%
next month: -2.19%
Ouch. I’m feeling lucky. The next one will be better. I just know it.
2009: -8.34%
next month: -11.21%
Holy fucking shit. We’re doomed.
2014: -5.19%
next month: +4.28%
Ah, see, it’s not all fire and brimstone. Let’s hope for a repeat of 2014. In summary, down 5% in a month led to two collapses, one -2% month and one strong month. Sounds like fun.
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Super fuckin fucked.
Interesting — at least to me — that a couple of those were presidential election years where a lame duck president was finishing up his second term, with things fairly uncertain at that point in the election cycle (and, in 2000, fairly uncertain for weeks after the election).
This election’s winner was chosen by the media in 2008 after Hillary lost to Obama. It’s all been a dog and pony show since then.
Trump is doing his best to rile up the redneck Midwest Reupulicans while completely ruining any chance of the GOP beating Hillary.
At this rate, Hillary wins in a landslide.