General Discussion
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(19,818 posts)The upheaval in the Asian markets due to the situation in Hong Kong.
TheBlackAdder
(28,211 posts).
.
CountAllVotes
(20,878 posts)n/t
spanone
(135,875 posts)lpbk2713
(42,766 posts)And no financial institution in their right mind will give him credit.
He'll take them down with him every time.
denbot
(9,901 posts)WTF!?!?
lordsummerisle
(4,651 posts)ooky
(8,929 posts)It's a flat market.
Ilsa
(61,698 posts)For a "good deal" tomorrow morning.
liberal N proud
(60,344 posts)So much
C_U_L8R
(45,021 posts)duforsure
(11,885 posts)It's the Feds chairmanship fault, the Democrats are to blame,it's Obama's fault, the immigrants are to blame, China is to blame, Iran is behind this, it's minorities, the Islamists caused this, and it all the fake news, and of course it's Hillary,s fault. It's never this con man and liars fault.
essme
(1,207 posts)I think the market has been artificially high for some time. Companies are buying back their own stock, etc. It's due for a normal correction. Add in the political unrest in Hong Kong, the tariffs we read about all the time, and many people are moving their money to bonds because they just don't trust the current climate.
Mix in that jackwit in the WH, and yep--- it's going to drop. I think it will continue to for awhile yet.
kentuck
(111,110 posts)It was still going down when the markets closed.
Demovictory9
(32,475 posts)lame54
(35,321 posts)It's all so meaningless
hatrack
(59,592 posts)cbdo2007
(9,213 posts)empedocles
(15,751 posts)First, is many players know the market is both artificially high and artificially long lasted. Second, is the frenzied corporate buyback programs which pushed stock and market prices, [to the tremendous advantage for executive bonus options] - will be even harder on the downside of the market.
When is an open, scary question
Today was just an oueduerve.
marble falls
(57,208 posts)lpbk2713
(42,766 posts)The damage he has done should last for decades.
imanamerican63
(13,814 posts)A HERETIC I AM
(24,377 posts)Is now yielding more than the ten year.
https://finance.yahoo.com/news/stock-market-news-august-14-2019-124723731.html
Blue_true
(31,261 posts)maxsolomon
(33,400 posts)You'd think they'd like the Feds to have some slack in Interest Rates.
Hermit-The-Prog
(33,416 posts)There are MAGAts in the markets.
PoindexterOglethorpe
(25,897 posts)When I saw that the market was down a lot today my first thought was, what new stupid policy did Trump announce today?
As others have already said, it will probably go up 500 points tomorrow. Trying to time the market isn't a good idea. Time in the market yields good results.
Keep in mind, the market periodically posts new highs. It's been an extremely long time since it last posted a new low.
herding cats
(19,567 posts)A sign Trump's tariffs are destabilizing global markets.
US 2 year treasury bonds surpassed 10 year bonds (an event called an inversion) which is an economic sign a recession is most likely coming in the next 12-15 months.
Also, Hong Kong is as close to a Tiananmen Square event as we could see in modern times.
Oh, and then there's the moron in the White House conducting policy via tweet. That never goes well. 🤷🏻?♀️
OnDoutside
(19,970 posts)empedocles
(15,751 posts)OnDoutside
(19,970 posts)empedocles
(15,751 posts)empedocles
(15,751 posts)Still going strong.
[Bear market jokes go on and on].
kentuck
(111,110 posts)"Fucking OWW!", he says.
Gothmog
(145,558 posts)So much winning!
Yo_Mama_Been_Loggin
(108,192 posts)Tariffs and credit card economics are catching up with him.
Blue_true
(31,261 posts)in a decade today. Wall Street pays attention when something like that happens. The economy seems to be a plane that has run out of fuel, drifting before plunging. Honestly, to get Trump out of office, I am willing to endure the pain of a recession.
The gap between 2 year and 10 year bonds dropped to below zero (inverted) in BOTH the USA and the U.K.
Joe941
(2,848 posts)I'll never retire....