Posted on 01/03/2016 11:02:35 PM PST by Zakeet
Following the initial halt in CSI-300 Futures at the 5% limit down level, the afternoon session opened to more carnage and amid the worst 'first day of the year' in at least 15 years, Chinese stocks collapsed further to a 7% crash. At 1334 local time, stock trading was halted for the rest of the day across all exchanges (at least two hours early).
[Snip]
Dow futures are now down over 150 points from NYE close, Gold and Treasuries are bid, and offshore Yuan has plunged most since the August devaluation.
(Excerpt) Read more at zerohedge.com ...
I watched that the other day and had tears streaming down my face it was so funny.
I don’t know enough about the markets to even play in the “little boys” park...however I have family members that do therefor I’ve learned just enough to hold “table” discussions somewhat without being out of the loop entirely.
I do recall reading an article that does say to forget what the market does and instead watch what the Big Players do and do likewise....however I’m not so sure I buy that.
Well Trumps theatrics and fish lips when he talks just made it all the more laughable....I doubt many could keep a straight face all the way through, it really is hysterical!
Bubble in the insurance world due to Obama Care as well.
Companies have been selling blocks of insureds between each other as an investment.
Similar to the subprime scam where debt owed to a company was listed as an asset.
Only way for it to possibly hurt us is if a plague breaks out.
Oh, wait, Obammy worked hard to bring Ebola here...
Right now european markets are 2-4% down.
The Big Short gives the BIG NO to your second sentence. Yes watch what the Big Players do and contemplate doing the opposite after due diligence. Please see the movie and tell me your thoughts afterwards. You will learn a lot, most of it very upsetting. Basically it covers the run up and crash of 2007 and 2008 which nobody saw coming.
Chop suey
End Time Bible Prophecy Ping Harbinger/Shemitah
To be on the End Time Bible Prophecy Ping list FReep me or saveferris.
Obama’s back from vacation and ready to make a speech. Of course the markets will take a dip.
Yes, I remember when he said that.
Oh yes: And their Muslims are acting up.
Real estate agents knew it was a bubble. I worked in a small office with experienced agents and they were just riding the wave while preparing for the burst.
What is your second word is?
A curent bubble or bubble of 08?
Why are they trying to wait for Obama to be out of office before the correction?
Part of the plan. Can you say SOROS? I knew you could.
Seriously? To blame the next president, of course.
Thought maybe it was more complicated than the obvious.
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