{"id":1223,"date":"2026-11-01T17:30:31","date_gmt":"2026-11-01T17:30:31","guid":{"rendered":"http:\/\/www.budgethomepage.com\/blog\/?p=1223"},"modified":"2026-11-01T17:33:00","modified_gmt":"2026-11-01T17:33:00","slug":"mid-term-market-drop","status":"publish","type":"post","link":"http:\/\/www.budgethomepage.com\/blog\/?p=1223","title":{"rendered":"Mid-Term Market Drop"},"content":{"rendered":"\n<p>It is no surprise that the stock market has been dropping prior to the midterms. The air is filled with worry about what Trump might do to challenge the results. The uncertainty surrounding the Iran conflict also isn&#8217;t helping. The most interesting political comment I saw on YouTube was from Mick Folley. Mick is a comedian, author, and retired professional wrestler. His message was brief, but to the point. &#8220;If you want to stop Trump from causing further damage to our country&#8217;s reputation, just vote Democrat. You can always vote them out of office in two years.&#8221; That makes the decision a lot less complicated. Mick isn&#8217;t known for his political views, but he does make an interesting recommendation in this case. <\/p>\n\n\n\n<p>In the last month the Nasdaq has dropped 5.34% while the S&amp;P 500 has dropped 1.13%. The DOW has fared better, gaining 1.66% in the past month. On Friday (10\/3026), news of a large crypto hack on the Binance exchange caused a widespread market to sell off. Another reason to avoid crypto. Gold dropped to $3875 per ounce, the lowest level since September 2025. Silver dropped below $50 per ounce for the first time since November 2025. The only good news is that the 10-year treasury yield is below 5%. Anyone who owns a bond ETF is a little less worried about losing value on their investment. I currently have good chunk of my cash in money market funds getting 3.5%. That&#8217;s an easy $1100 per month in passive income.<\/p>\n\n\n\n<p>Hopefully, the mid-term elections will go off without a hitch. I try to ignore the rumor and speculation about what could happen. Meanwhile, AI continues to invade every aspect of our lives. My girlfriend recently went to visit her doctor. The doctor mentioned that she was going to consult AI about her symptoms. Did the doctor just admit that her job was becoming obsolete? It won&#8217;t be long before we all have to pay for access to AI. Big companies are just waiting for all of us to become hopelessly addicted to it. <\/p>\n\n\n\n<p>Disclaimer: This article was written by a human.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is no surprise that the stock market has been dropping prior to the midterms. The air is filled with worry about what Trump might do to challenge the results. The uncertainty surrounding the Iran conflict also isn&#8217;t helping. The most interesting political comment I saw on YouTube was from<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/1223"}],"collection":[{"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1223"}],"version-history":[{"count":2,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/1223\/revisions"}],"predecessor-version":[{"id":1225,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/1223\/revisions\/1225"}],"wp:attachment":[{"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1223"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.budgethomepage.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}