Originally posted by AtW
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stock market crash
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Originally posted by jamesbrown View PostScootie was running the competition last year and he took that moniker then.Comment
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We're getting closer... so exciting.
Share markets tumble as recession fears grow
Panic gripped Wall Street on Wednesday as investors fled shares amid fears over a US-China trade war and the health of the global economy.
The three main stock markets closed 3% down, with analysts pointing to signals the US may be heading for recession.
Weak data from Germany and China, and another attack on the US central bank by President Donald Trump, helped fuel a rush for haven assets like gold.
Analyst Oliver Pursche, from Bruderman, said the global picture was precarious.
"What's happening in Hong Kong, what's happening with Brexit and the trade war, it's all a mess," the chief market strategist said. "Every central bank around the world is trying to prop up economies and every politician around the world is trying to destroy economies.""Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Watched two of those outfits pop up here in Munich, no expensive spared and empty to boot. Travel up to Berlin one day and you realise quick sharp why this US unicorn is doomed to fail.
WeWork posts $900m loss as it plots stock market listing"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostOld Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.Comment
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Originally posted by Zigenare View PostF'cking snake oil salesman.
What's he selling? News you don't want to hear?"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Investors now prefer a return of their investment rather than a return on their investment. It's like holding a " kick me " sign.
Just just pause for a moment and think how insane the market have become and somehow still deny a cluster £$%$ of a recession is not coming.
The bond 'black hole' is getting larger and scarier with a third of the global market now negative
The weirdness in financial markets at the moment seems boundless.
In the past two weeks the proliferation of negative-yielding bonds has erupted — 30 per cent of the global, tradeable bond universe is being sold with a guaranteed loss attached to the coupon.
That's an eye-watering $US16.7 trillion dollars' worth; $25 trillion in Australian dollars.
The bizarre concept that the safest bet in the market — holding a bond to maturity — costs you money mutated out of the global financial crisis as several, notably European, central banks kept cutting interest rates all the way below zero."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Greek bonds now offer greater yields than US bonds.
Nothing to see here. Back to your desk."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Giving this more thought...
You've got $1billion to spend. What you invest it in? Real estate? Stocks? Gold? No. The smart money is buying negative yielding bonds."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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