I wouldn't count on this fall lasting very long. Too many stimulus dollars around still. Its literally uncharted territory.
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Hard Brexit now!
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So was that it then?Originally posted by sasguru View PostI wouldn't count on this fall lasting very long. Too many stimulus dollars around still. Its literally uncharted territory.Comment
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Wow the stock market fell for almost a few minutes then!
Stock markets, like property, only ever go up. Especially when everyone is printing money and it needs a place to stay.Comment
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No that's not quite it. The panic hasn't happened yet.Originally posted by DimPrawn View PostWow the stock market fell for almost a few minutes then!
Stock markets, like property, only ever go up. Especially when everyone is printing money and it needs a place to stay.Hard Brexit now!
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Most of that printed money is staying round at the US/UK Treasury.Originally posted by DimPrawn View PostWow the stock market fell for almost a few minutes then!
Stock markets, like property, only ever go up. Especially when everyone is printing money and it needs a place to stay.How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
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I thought it was propping up the balance sheets of the banks?Originally posted by HairyArsedBloke View Post
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Massive rebound. But not for long I think ..Hard Brexit now!
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Selection of doom headlines on Bloomberg
- Companies in U.S. Cut More Jobs Than Forecast; Unemployment Rises to 9.8%
- Factory Orders in U.S. Unexpectedly Drop 0.8%, Ex-Transport Increase 0.4%
- Banks With 20% Unpaid Loans at 18-Year High as Doubts Over Recovery Deepen
- CIT Swaps Bonds in Effort to Reduce Debt by $5.7 Billion, Avoid Bankruptcy
- SEC Said to Delay Proxy Rule, Giving Banks Break From Angry Shareholders
- Stiglitz Deflation Threat Pushes Bernanke to Keep Rates at Zero Next Year
- Social Security Benefit Requests Exceed Forecasts as U.S. Recession Bites
...and the US markets bounce back.
How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%
"We hang the petty thieves and appoint the great ones to high office" - AesopComment
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The panic didn't take hold. It will at some point.
Problem is that we have never been in this situation before and its difficult to judge
Hard Brexit now!
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