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Stock markets around the world are crashing right now, but why? [Yen carry trade]
@KobeissiLetter at š• ^

Posted on 08/05/2024 6:07:24 AM PDT by John Robinson

click here to read article


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To: lucky american
Schwab's platforms are/were down.

Another as well, don't recall.

At least we can still rely on the reverse Cramer. So there's still a chance for sanity.


21 posted on 08/05/2024 6:47:13 AM PDT by John Robinson (šŸŗ)
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To: John Robinson

Yeah that didn’t age well...


22 posted on 08/05/2024 6:48:53 AM PDT by Tuxedo (No quarter)
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To: Tuxedo

Cocaine is a helluva drug.


23 posted on 08/05/2024 6:53:29 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: John Robinson

Charles Schwab, Fidelity, E-Trade and Robinhood are currently experiencing trading platform outages. Yikes!


24 posted on 08/05/2024 6:54:59 AM PDT by John Robinson (šŸŗ)
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To: jerod

A reasonable thought the democrats always leave a trail of chaos.


25 posted on 08/05/2024 7:02:58 AM PDT by Vaduz
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To: John Robinson

Thank you for telling me about Schwab. I tried to access my account but was unable to. I thought it was me!


26 posted on 08/05/2024 7:07:24 AM PDT by Maine Mariner
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To: The Sons of Liberty

Yes, the thought of a Harris administration is the scary backdrop that is making things even worse than they already are.


27 posted on 08/05/2024 7:20:12 AM PDT by Starboard
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To: 1Old Pro

“Basically ALL the market gains over the past 3 1/2 years are about to be wiped away - isnā€™t Kamala great.”

***********

The MSM will credit her with ‘stabilizing’ an overheated market. We’re about to hear propaganda and lies like we’ve never heard before.


28 posted on 08/05/2024 7:36:34 AM PDT by Starboard
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To: Starboard
The MSM will credit her with ā€˜stabilizingā€™ an overheated market. Weā€™re about to hear propaganda and lies like weā€™ve never heard before.

She will save Americans who are suffering through this Trump crash by providing more welfare stipends as well as higher taxes for the rich. forgiving college loans and proposing free universal healthcare.

29 posted on 08/05/2024 7:39:17 AM PDT by 1Old Pro
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To: John Robinson
The state of retail:


30 posted on 08/05/2024 7:40:28 AM PDT by John Robinson (šŸŗ)
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To: The Sons of Liberty

Investors are pulling their money out of the market in preparation to buy back in but shifted to wartime investing as things heat up in the Middle East.


31 posted on 08/05/2024 7:40:50 AM PDT by T.B. Yoits
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To: John Robinson

BTTT


32 posted on 08/05/2024 7:52:14 AM PDT by nopardons
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To: 1Old Pro

“Basically ALL the market gains over the past 3 1/2 years are about to be wiped away - isnā€™t Kamala great.”

Amazing timing by chance. I JUST moved all my retirement into a loss-less annuity.


33 posted on 08/05/2024 8:23:03 AM PDT by Big Giant Head ( )
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To: John Robinson

War and rumors of more wars?-)


34 posted on 08/05/2024 9:11:43 AM PDT by Harpotoo (Being a socialist is a lot easier than having to WORK like the rest of US:-))
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To: John Robinson
"The carry trade is unwinding."

And so the currency traders / money changers have gotten caught with their pants down. Too bad for them and they take the rest of us with them.

Trigger points for a house of cards. Just kicks the stack of other weaknesses over. Things like sovereign debt, unemployment, wars and rumors of wars, that kind of thing.

Thanks for the post and explanation. Not something I have seen but it makes complete sense.

35 posted on 08/05/2024 10:02:31 AM PDT by Sequoyah101 (More important than why there was nobody protecting the AGR roof, how did Crooks know that?)
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To: John Robinson

Cramer is only for entertainment. No serious person pays any attention him. Do they?


36 posted on 08/05/2024 10:07:18 AM PDT by Sequoyah101 (More important than why there was nobody protecting the AGR roof, how did Crooks know that?)
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To: jerod

Markets don’t care who the president is. It’s the uncertainty they don’t like.


37 posted on 08/05/2024 12:49:28 PM PDT by Mr. Blond
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