Posted on 08/21/2015 9:13:00 AM PDT by MeneMeneTekelUpharsin
Financial markets falling...
Read more here: Click here for story.
(Excerpt) Read more at finance.yahoo.com ...
Many folks at the White House are probably giving each other high fives...
So how would our markets do without the 40% our Treasury has been putting into it?
Elizabeth, this is the big one!
Oh my goodness! We may not make it to the Shemitah!
Stock markets have already crashed in these 23 countries.
This is BS, once QE stopped the markets had to fall, they were being propped up the past 7 years with the printed money from the fed.
The is a correction of huge proportions, the likes of which may never have been seen before. IMHO
But it plays in to the fascist/socialists hands to demand more fixes so they and the bankster’s can steal yet more of Americans wealth.
This is heading south faster than a flock of Confederate ducks...
The goal was to prop the markets up until mom and pop got off the sidelines thinking it was okay.
Then BANG, sell to the buyers coming in to a falling market.
It will be harder for the US to borrow money from China.
Long haul pump and dump.
These cycles happen daily in the crypto world..
Not sure it’ll get back to even, but we aren’t even at a 10% correction level. Another 80 on the S&P +/- and 300 on the Dow +/- and we reach that level. Given the poor economies world wide and the fact we haven’t had a 10% correction in a long time, I think this is a good thing. .....sorta.
The market has looked to me as if it is trying to work up a crash or a swoon or big slide or whatevr the chart techies would call it since the end of June. My own totally uninformed opinion is that the Fed has been keeping the market’s head above water with cash injections to the banks to buy equities but the inherent weakness is bit by bit overwhelming the Fed’s ability to shore things up, a least with the current tactics. The market got stuck around the 18k level back in December and has not managed to do better since then. I wonder how much apparently futile and sub rosa money creation has gone on since then. My fear is that when the market does crash/collapse/swoon or whatever, the general economy will find itself awash with all those superfluous dollars. Is there some other way for the Fed to keep all that cash out of the consumer portion of the economy?
hemitah may just come early this cycle. It’s like Friday the 13th is gonna come on a Sunday next month.
I supposed there is nothing to stop the Fed from “creating” ten trillion more dollars next Wednestday to “fix” the economy again.
Gimme that “t” back.
Guessing that’s why yesterday we didn’t see a “fun with numbers Thursday?”
Roll out the red carpet then pull out the rug.
All of this is manipulated by well connected insiders.
Something wicked this way comes.
Probably QE whatever. The Fed is out of bullets. Pushing on a string.
Earnings down, inventories up, what could possibly go wrong?
5.56mm
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