KTLA consumer reporter David Lazarus offers his analysis of Monday's massive sell-off. Aug. 5, 2024. KTLA 5 News - Keeping Southern Californians informed since 1947.
You have to tell other people not to panic so you could withdraw money safely before it drops even further. Also, we have been in a recession for a while.
Stocks go up they go down, they go all around. I would avoid panic selling and hold on to the stocks you have. When stocks go low, it's actually a great time to buy. All these companies and people who bought stocks during the 2008 crash and the Covid pandemic actually ended up better off holding on to them. You can also write the stocks as losses on your taxes, as well as a bailout by Congress for your stocks dropping. However, the stock market dropping also affects the job market, which could result in mass layoffs and no new hiring and now homelessness is illegal and the unemployment system is bankrupt which literally leaves people with no options other than to not exist. However when something bad comes along see opportunity, not despair that's how the rich think.
Yes of course the old everything is fine meme. You can be the exit liquidity, everyone should know nothing has been fine since last year. Tell people the truth you paid talking piece. Fed chair Arthur Burns should be a good starting point to see whats next.
Are you sure about that? It’s the Middle East and soft job report. Also Fed is more concerned about inflation. The fed would rather have a recession, than hyper inflation.
You have to tell other people not to panic so you could withdraw money safely before it drops even further. Also, we have been in a recession for a while.
Ummm that doesn't make any sense
@@jmason61stuck on stupid
Good let it plummet
Time to buy stocks.
Inflated numbers in the first place. All soft money.. market adjustment.. buy buy buy
Interest rate was cut 6 percent during 2006-2008 and the market was down the whole time
Lmao we’ve been in a recession. Nice try though. Not fooling anyone.
Explain why we're in a recession please. I don't think you actually know
Unless you’re getting to retire it really isn’t a big deal. Bring back pensions.
Stocks go up they go down, they go all around. I would avoid panic selling and hold on to the stocks you have. When stocks go low, it's actually a great time to buy. All these companies and people who bought stocks during the 2008 crash and the Covid pandemic actually ended up better off holding on to them. You can also write the stocks as losses on your taxes, as well as a bailout by Congress for your stocks dropping. However, the stock market dropping also affects the job market, which could result in mass layoffs and no new hiring and now homelessness is illegal and the unemployment system is bankrupt which literally leaves people with no options other than to not exist. However when something bad comes along see opportunity, not despair that's how the rich think.
Now that is sooooo not the look of “Don’t Panic”!
Yes of course the old everything is fine meme. You can be the exit liquidity, everyone should know nothing has been fine since last year. Tell people the truth you paid talking piece. Fed chair Arthur Burns should be a good starting point to see whats next.
What happened to Elon you said he wouldn’t leave California azooo
Are you sure about that?
It’s the Middle East and soft job report. Also Fed is more concerned about inflation. The fed would rather have a recession, than hyper inflation.
Well reported 🫡
it was actually well reported for "ktla" viewers
Yup. Ignore tin foil hat carrying brethren.