And that will then make a general world war increasingly possible because too many countries will have nothing to lose by starting a war as a means to shore up the local economy. 
Posted on 08/23/2015 5:17:08 PM PDT by Red in Blue PA
Good evening!
The weekend is over and stocks are resuming their slide.
Shortly after futures opened on Sunday night, Dow futures were down as much as 102 points, S&P 500 futures were off as many as 11 points, and Nasdaq futures were down around 30.
These moves, however, are muted compared to the turmoil seen in markets last week, when the Dow lost more than 1,000 points and officially entered a "correction" after falling more than 10% from its most recent high.
Overall, the stock market had its worst week in 4 years and people are pointing the finger all over the place.
(Excerpt) Read more at finance.yahoo.com ...
Zero.
I’m waiting to see if the “big money” gets back in and starts a buying frenzy. It’s happened in the past. I sure hope it happens again. Otherwise...kiss your retirement bye-bye.
Myself, I wish I had some extra cash lying around to buy oil production stocks. It will eventually come back up.
>> Myself, I wish I had some extra cash lying around to buy oil production stocks.
Ditto. There’s definitely bargains out there...
For example CAT & XOM both are trading in the 70’s after Thursday and Friday... both were already down from the oil price decline.
Each of them throws off a healthy dividend, currently 4+%.
Both companies will be around for a long time to come, I’m betting.
I’ve been mostly out of the market this summer. But momentum trade RUSS - needless to say I’ve had a pretty good summer
Thanks for posting that.
I’ve noticed that the markets tend to fluctuate.
All kidding aside this is seriously messed up. How much longer can the WH
and their Cult media keep up this fiasco of lies. Or should I say, house of cards.
Don’t gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don’t go up, don’t buy it. Will Rodgers
Read more at http://www.brainyquote.com/quotes/quotes/w/willrogers161236.html#iraPYkA3HVkdZdpR.99
And that will then make a general world war increasingly possible because too many countries will have nothing to lose by starting a war as a means to shore up the local economy.
This will go well beyond a correction. We’re looking at a Black Monday scenario.
You initial number was a left over from the week before. I do not believe there are any US market futures active at 1pm on a Sunday.
See this 3 year chart and notice the parallel to our 1929 drop. Oh wow...
August ain't over yet.
I’m herewith calling this a liquidity event.
Dow futures at -435.
If only it had been by that little bit. DOW futures down -423 as I write this.
39.05
Dropped .50 within the last hour. All I can say is "Oh Crap, we're in for a ride.
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