Australian Politics Forum - Wall Street Bloodbath

greggerypeccary Gold Member Offline Australian Politics Posts: 154288 Gender:	Wall Street Bloodbath Aug 15^th, 2019 at 10:03am Dow slumps 800 points after bonds flash recession warning.
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greggerypeccary

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Re: Wall Street Bloodbath
Reply #1 - Aug 15^th, 2019 at 10:28am

CNN, Fox, MSNBC Sound the Alarm on Wall Street ‘Bloodbath’ After Dow Tumbles 800: ‘Read it and Weep’

When the closing bell rang at the New York Stock Exchange Wednesday afternoon — bringing to an end a day which saw an 800 point drop — the three major cable news networks sounded a note of panic, reacting to what one correspondent termed a “bloodbath.”

The reason for the tumble, according to the real-time analysis on the three major cable news networks, was President Donald Trump‘s ongoing trade war with China.

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Mortdooley Gold Member Offline Australian Politics Posts: 7315 Texas Gulf Coast Gender:	Re: Wall Street Bloodbath Reply #2 - Aug 17^th, 2019 at 11:40pm These dips are planned by powerful people and the Federal Reserve is generally the engine that moves the Market up and down. Stocks are "on sale", get yours before the price goes back up.
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Jasin Gold Member Offline Posts: 56931 Gender:	Re: Wall Street Bloodbath Reply #3 - Aug 17^th, 2019 at 11:43pm USA has always been a 4th world Economic Nation. Hell, they still use Imperial like 'foot' and 'mile'. They can only compete Economically by trying to 'destroy' the competition, like Chinese do in Politics.
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Captain Nemo Gold Member Offline Australian Politics Posts: 16020 Melbourne Gender:	Re: Wall Street Bloodbath Reply #4 - Aug 20^th, 2019 at 1:03pm As one of the financial commentators remarked the other day ... Share prices go up the stairs and down the elevator. It is true. In the long-run, shares increase in value, so the time to buy is during a "crash". Patience is the key.
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perceptions_now

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Re: Wall Street Bloodbath
Reply #5 - Aug 20^th, 2019 at 7:02pm

Captain Nemo wrote on Aug 20^th, 2019 at 1:03pm:

As one of the financial commentators remarked the other day ...

Share prices go up the stairs and down the elevator.
Grin

It is true.

In the long-run, shares increase in value, so the time to buy is during a "crash".

Patience is the key. Wink

In times gone by, this was true.
That said, Now is not the past & we are Now in a different era, WHERE PAST CERTAINTIES, ARE NO LONGER CERTAIN!

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Jasin Gold Member Offline Posts: 56931 Gender:	Re: Wall Street Bloodbath Reply #6 - Aug 20^th, 2019 at 7:11pm The Reds and Whites of America are taking control. While the Blue Yankees and Grey Confederates are being left in the past.
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barryfromthebush Gold Member Offline Australian Politics Posts: 702 Bum Chum Gender:	Re: Wall Street Bloodbath Reply #7 - Aug 20^th, 2019 at 7:37pm Jasin wrote on Aug 20^th, 2019 at 7:11pm: The Reds and Whites of America are taking control. While the Blue Yankees and Grey Confederates are being left in the past. You must be a tweaker...
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Jasin Gold Member Offline Posts: 56931 Gender:	Re: Wall Street Bloodbath Reply #8 - Aug 21^st, 2019 at 8:06pm barryfromthebush wrote on Aug 20^th, 2019 at 7:37pm: Jasin wrote on Aug 20^th, 2019 at 7:11pm: The Reds and Whites of America are taking control. While the Blue Yankees and Grey Confederates are being left in the past. You must be a tweaker... You should see my googly!
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Jasin

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Re: Wall Street Bloodbath
Reply #9 - Aug 21^st, 2019 at 8:12pm

Gotta feel sorry for Trump.
He's inherited a nation that just 'fakes it' to make it Economically.
You know when the USA is in Economic dire straights, when they bring in a 'Businessman' to steer the ship.
Trump is doing ok, considering how bad it would have been if Hillary Clinton was President - SHE WOULD 'BLOW' THE BUDGET! like a Shopping Spree.

USA experts know that China will eventually 'surpass' the USA Economically, but that's why Trump is confident 'Militarily' about China's prospects against them - in return.

The Middle-East has always been the most dominant Military Region and the USA (as a Cop) is 2nd best.
China/Asia, like Europe - is giving up the Military Ghost.

Expect the Chinese military to be out of a job within 50 years.

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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.

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Captain Nemo

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Re: Wall Street Bloodbath
Reply #10 - Aug 22^nd, 2019 at 9:35am

perceptions_now wrote on Aug 20^th, 2019 at 7:02pm:

Captain Nemo wrote on Aug 20^th, 2019 at 1:03pm:

As one of the financial commentators remarked the other day ...

Share prices go up the stairs and down the elevator.
Grin

It is true.

In the long-run, shares increase in value, so the time to buy is during a "crash".

Patience is the key. Wink

In times gone by, this was true.
That said, Now is not the past & we are Now in a different era, WHERE PAST CERTAINTIES, ARE NO LONGER CERTAIN!

Dow Jones historical chart:

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Jasin Gold Member Offline Posts: 56931 Gender:	Re: Wall Street Bloodbath Reply #11 - Aug 23^rd, 2019 at 8:27pm Look! The Economy is rising and getting warmer!
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perceptions_now Gold Member Offline Australian Politics Posts: 11694 Perth WA Gender:	Re: Wall Street Bloodbath Reply #12 - Aug 26^th, 2019 at 11:05am AND, ANOTHER fall, this time 623 points! It's now a matter of WHEN, the BIG CRUNCH finally arrives?
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Bobby. Gold Member Offline Australian Politics Posts: 120888 Melbourne Gender:	Re: Wall Street Bloodbath Reply #13 - Aug 26^th, 2019 at 12:31pm Our bourse is way down and so is our dollar. I'm worried.
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Gordon Gold Member Offline Australian Politics Posts: 21887 Gordon Gender:	Re: Wall Street Bloodbath Reply #14 - Aug 26^th, 2019 at 1:24pm Bobby. wrote on Aug 26^th, 2019 at 12:31pm: Our bourse is way down and so is our dollar. I'm worried. I got out of BHP at $40 and won't go near it until it's hit $30. Another month of trade war should do the trick.
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