Donald I, emperor of the world.

[Beebo]

I quite like this…
"RFK Jr: “There’s a lot of people who could probably do a 50-mile hike. Trump: What about me? You didn’t mention my name. RFK Jr: This guy walks 9 miles a day on a golf course every weekend, so he could do it in a breeze.”
… Trump uses a golf cart.”

Apart from the golf cart quip the average golf course is 3.55 miles. How crap is he that he has to travel an additional 5.45 miles? 🤣

A 50 mile hike is a huge distance.
Especially in one go. Probably 20 hours of constant walking.
Very few people would ever attempt anything close to that.

 

[Pblakeney]

A 50 mile hike is a huge distance.
Especially in one go. Probably 20 hours of constant walking.
Very few people would ever attempt anything close to that.

True.
That wasn't the point of my post though. 😉

 

[Evil_Breakfast]

Worryingly gloomy outlook; courtesy of Prof. Richard Murphy.

https://www.taxresearch.org.uk/Blog/2026/05/06/the-seven-stages-of-meltdown-coming-our-way/

And if you don't know who Richard Murphy is :

https://en.wikipedia.org/wiki/Richard_Murphy_(tax_campaigner)

 

[Pblakeney]

Worryingly gloomy outlook; courtesy of Prof. Richard Murphy.

https://www.taxresearch.org.uk/Blog/2026/05/06/the-seven-stages-of-meltdown-coming-our-way/

And if you don't know who Richard Murphy is :

https://en.wikipedia.org/wiki/Richard_Murphy_(tax_campaigner)

I've heard similar from a few sources. Eeyore alert.
Debt (individual, corporate and nationally) is too high. Stock markets are overinflated and a "correction" is imminent. The price of oil is largely set by the futures on the stock exchange floor, not supply and demand. Reality will meet gambling at some point. There are more examples.
The most telling point is that some investment companies are blocking withdrawals from certain products. They want to stop a "run".

 

[Blazing Saddles]

I see that the Republicans are now asking for 1 billion dollars of taxpayers money to fund the building of Trump’s White House vanity project.
Becoming more of a Balls up room by the day.

 

[BoldonLad]

Worryingly gloomy outlook; courtesy of Prof. Richard Murphy.

https://www.taxresearch.org.uk/Blog/2026/05/06/the-seven-stages-of-meltdown-coming-our-way/

And if you don't know who Richard Murphy is :

https://en.wikipedia.org/wiki/Richard_Murphy_(tax_campaigner)

There is nothing clever about forecasting a down turn, it is forecasting WHEN (and being right) which is clever.

 

[Pblakeney]

There is nothing clever about forecasting a down turn, it is forecasting WHEN (and being right) which is clever.

The clever part is being prepared for the inevitable.

 

[BoldonLad]

The clever part is being prepared for the inevitable.

I wouldn’t disagree, but, to maximise gains, you need to know WHEN the inevitable is going to happen 😊

 

[Pblakeney]

I wouldn’t disagree, but, to maximise gains, you need to know WHEN the inevitable is going to happen 😊

I’m guessing within 6 months.
It should be sooner but someone is manipulating things as much as they can with November in mind.

 

[All uphill]

My totally ill-informed view is that markets are unsustainably high so I've pulled out of them entirely.

Last time I did that was in 2007.

 

[Poacher]

A 50 mile hike is a huge distance.
Especially in one go. Probably 20 hours of constant walking.
Very few people would ever attempt anything close to that.

Hard to imagine now, but in 1973 I walked the Bogle Stroll from Lancaster to Manchester, 54 miles in 17 hours 50 minutes.
(Actually 17 hours 45 minutes, 'cos I waited around 5 minutes at the start for a girl who was on the next bus. I walked at very slow pace with her to half way, then had to set off at around 5 mph to catch up with the remaining members of my team.)

 

[UglyWithaSidePart]

My totally ill-informed view is that markets are unsustainably high so I've pulled out of them entirely.

Last time I did that was in 2007.

Well you've rolled the dice, best of luck. I know will know all about timing the market vs time in the market so it takes balls to go with your instinct.