Posted on 10/05/2014 12:26:47 PM PDT by expat_panama
Investment & Finance Thread TOTAL Market Crash Wrap-up
Jeesh! The bond bubble, just popped (Bond market may be more fragile than you think),stocks'n'metals are in the terlet, all while unemployment plunges below the big 6! Big deal. This so-called 'recovery' may be a boom time for all the elites on Main Street but those of us middle class working stiffs on Wall Street know better.
On Friday's gold and silver punched new lows and now weekend trading's putting them clearly into prices from four years ago.
As for stock indexes we got IBD announcing Thursday that stock trends are now pegged "market in correction". Some how my inner 'wise-ass' wants to say this means it's time to buy back in, but past track records aside IBD's always been up front that the "market under pressure" is the yellow traffic light. Some drivers hit the gas when the light turns yellow but I'd rather slow down...
Bottom line though is I plan to watch this "red light" with a bit more enthusiasm than before.
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This is the thread where folks swap ideas on savings and investment --here's a list of popular investing links that freepers have posted here and tomorrow morning we'll go on with our--
Open invitation continues always for idea-input for the thread, this being a joint effort works well. Keywords: financial, WallStreet, stockmarket, economy. |
Exactly, or maybe a slight slow down. I've been a bit amazed how so many people can look at this--
--and describe it in terms like "market collapse" and "economic crisis". Sure, it's always good to be prepared for rough times that may come in the future, but it's also good to be willing to admit they have not happened yet.
The IMF Takes Aim at Pay On Wall Street - William Cohan, New York Times
The IMF is asking “why give that money to them greedy bastards when you could give it to us greedy bastards?”.
I bet Obama ain’t liking this. Just over three weeks to the election.
probably not, but somehow I’d have thought this would be exactly what the “occupy wallstreet” faction would prefer.
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