The dip in Jan/Feb and the recent dip has wiped out any gains I made this year. Lost $50K+ in the market.
Blah. So much for retiring in two years.
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The dip in Jan/Feb and the recent dip has wiped out any gains I made this year. Lost $50K+ in the market.
Blah. So much for retiring in two years.
I have been watching the 10 and 30 year Treasuries, both are over 3% now. I'm glad I refied a couple years ago at 2.750%. My boss is buying a house, her interest rate is 4.2% I think.
Oil is falling a little, WTI is at $63 and Brent is at $73, might see a little relief at the pumps.
Silver is still under $15.
Oil continues to fall, WTI is under $60 and Brent slipped under $70. Apparently there is a little glut of oil out there plus we're looking at spring contracts so the home heating oil contract time has passed.
The Fed didn't raise interest rates at this past meeting but they indicated that they will next year.
The 10-year Treasury is at 3.2%, 30-year Treasury is at 3.4%, Wall Street Prime Rate is at 5.25% and the LIBOR is at 3.12%.
Big drop in oil, WTI is down 6% to the $56 handle and Brent is down nearly 6% to the $66 handle.
https://oilprice.com/Latest-Energy-N...40000-Bpd.html
Quote:
OPEC expects global oil demand to grow at a daily rate of 1.5 million bpd this year, further slowing down to 1.29 million bpd in 2019, the organization said in the latest issue of its Monthly Oil Market Report. This is 40,000 bpd and 70,000 bpd lower in demand growth projections for 2018 and 2019, respectively, from last month’s report.
Silver dipped down around $14 now. That's pretty darn low.
JM Bullion offers a deal for first time customers. You can buy ten, 1oz rounds for spot, shipped. You can't beat that.
...A N D my portfolio is down over $40K again.
Fawken Demoncrats.
Democraps vs Repubelickans ? Doh!