/u/The_Everything_B_Mod's posts in /r/the_everything_bubble
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The S&P 500 fell 1.4% today, its 10th daily decline >1% 2024. History of large down days since 1928 - statistically there is more to come
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39% of Americans are worried they can't pay their bills, which is higher than during the Global Financial Crisis when it was 37%, per CNN.
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Everyone hoping for a total collapse needs to remember this. It's not just the banks that are invested in the stock market. (Well sorry, it's just simply an economic cycle people need to be aware of.)
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7.18% of cardholders fell into delinquency in the second quarter, up from 5% in the previous quarter, Fed statistics show
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Jim Cramer says market bottom near (Confirmed that the stock market bottom was not yesterday! LOL. Again it takes a couple years to bottom. You can still make money. I just play around with $10 k a yr and lose it every single yr. It's in my budget to trade for fun and see what is going on really.)
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