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S&P falls below 2K, Dow plunges 300 points as growth concerns weigh
Yahoo Finance ^
| 21 August 2015
| Evelyn Cheng
Posted on 08/21/2015 9:13:00 AM PDT by MeneMeneTekelUpharsin
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To: struggle
Broke -500. On track to be a top 10 loss day.
61
posted on
08/21/2015 12:54:54 PM PDT
by
struggle
To: ozarkgirl
-515 with 2 minutes remaining
To: struggle
I was wrong. Another leg down. Gray Friday.
63
posted on
08/21/2015 12:59:31 PM PDT
by
jwalsh07
To: jwalsh07
Yup - looks like -530.
Historically #9 biggest loss.
I’m expecting this to go to 12,000 or 11,000 over the next two months, and then recover. Thanks, Obama.
If Trump really wants to entertain me, he should start directly blaming Obama for this market. THAT would be fun.
64
posted on
08/21/2015 1:02:02 PM PDT
by
struggle
To: jwalsh07
The Fed doesn’t buy equities. It probably could, since it’s bought plenty of long bonds, but to my knowledge it has no equity portfolio.
65
posted on
08/21/2015 1:04:52 PM PDT
by
Norseman
(Defund the Left....completely!)
To: MeneMeneTekelUpharsin; Kartographer; Old Sarge
66
posted on
08/21/2015 1:05:09 PM PDT
by
SkyPilot
("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
To: struggle
67
posted on
08/21/2015 1:08:03 PM PDT
by
dragnet2
(Diversion and evasion are tools of deceit)
To: MeneMeneTekelUpharsin; SaveFerris; Kartographer; Old Sarge; Farmer Dean; RoosterRedux; ...
68
posted on
08/21/2015 1:09:22 PM PDT
by
SkyPilot
("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
To: SkyPilot; blam
69
posted on
08/21/2015 1:12:26 PM PDT
by
Kartographer
("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
To: Norseman
The Fed is not permitted to buy equities directly but through proxy is a horse of a different color. There is no doubt in my mind that they intervened in equity markets this past decade. Tin foil hat? Maybe:-)
70
posted on
08/21/2015 1:13:27 PM PDT
by
jwalsh07
To: SkyPilot
71
posted on
08/21/2015 1:16:54 PM PDT
by
SaveFerris
(Be a blessing to a stranger today for some have entertained angels unaware)
To: rovenstinez
72
posted on
08/21/2015 1:19:01 PM PDT
by
wolfman
To: wolfman
No China striking back. The US ‘recovery’ under Obama was a sham - it was artificial via stimulus not the market. It was hoped it would kick start the market like when you place some gas in the carburetor but the gas tank was on fumes and was for a while now.
The money slowly ran out from the stimulus and the economy is slowing as well.
This is Carter’s 1979 economy all over again it seems and we have a Ronald Reagan in Trump? Time will tell.
73
posted on
08/21/2015 2:09:03 PM PDT
by
Trumpinator
(You are all fired!!! TRUMP! TRUMP! TRUMP! TRUMP! TRUMP!)
To: SkyPilot
Thx for putting me on your ping list. While we might disagree, I listen carefully to what you guys say.
74
posted on
08/21/2015 2:10:02 PM PDT
by
RoosterRedux
(First they ignore you, then they laugh at you, then they fight you, then you win. Mahatma Gandhi)
To: SkyPilot
This is worse than I thought it would be.I’d be watching the Asian markets on Sunday evening to see if this world-wide trend continues.The question is,what economic news will it take to turn this around.
75
posted on
08/21/2015 3:46:02 PM PDT
by
Farmer Dean
(stop worrying about what they want to do to you,start thinking about what you want to do to them)
To: RoosterRedux
You bet. We are all in this together.
76
posted on
08/21/2015 4:37:08 PM PDT
by
SkyPilot
("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
To: Farmer Dean
Monday is going to either be a "recovery" or a blood bath.
I have seen things dip and then "recover" - but none of it seems based on logic.
I thought (and still think) the worst of the crash will happen in mid-September, but we may be in for a slow boil.
77
posted on
08/21/2015 4:39:03 PM PDT
by
SkyPilot
("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
To: jwalsh07
So my choices are: 1) Fed used proxies to purchase equities or 2) tin foil hat...
I’m going with #2. Seriously, it’s extremely unlikely that the Fed has done anything, by proxy or otherwise, to directly purchase equities. What they’ve done to the bond market is bad enough.
78
posted on
08/21/2015 6:26:17 PM PDT
by
Norseman
(Defund the Left....completely!)
To: Kartographer
79
posted on
08/21/2015 6:38:14 PM PDT
by
blam
(Jeff Sessions For President)
To: MeneMeneTekelUpharsin
80
posted on
08/21/2015 8:06:14 PM PDT
by
madison10
(If freedom of speech is taken away, then dumb and silent we may be led, like sheep to the slaughter)
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