Black Monday

[moka]

Interesting - even really bad events (like WWII) didn't hit the DOW too hard. Depending on what MA you use - the time from 1932 to 1965 was basically all bullish (of course with some corrections in between). Have a play with the chart:
http://www.macrotrends.net/1319/dow-...storical-chart

Thanks for posting the link to the chart Black Peter. Very interesting.

[Hoop]

Europe Wall St wiped off half of the preceeding day's rally on Friday.
Hmmm...A "grey" Monday...methinks

[skid]

Europe Wall St wiped off half of the preceeding day's rally on Friday.
Hmmm...A "grey" Monday...methinks

They seemed to be really happy that the market was still positive for the week...maybe a little too happy--This (FED) was the best case scenario was'nt it?----as far as the real economy--not great housing and some other stats, incl manufacturing, in the USA--guess that will make investors happy if it keeps up(I mean down)...In terms of the FED

Correction---They are still doing a good job of manufacturing a fiscal economy If you include that--the stats would be up

[sb9]

Looks like the markets have given their verdict on the first debate to Clinton...dow futures added 100+ points since the close of debate.

[skid]

So atm the things to watch out for are a Trump victory or Fed raising interest rates

[Mush]

So atm the things to watch out for are a Trump victory or Fed raising interest rates

Also:
European banking sector (Deutsche, Monte Paschi etc)
Still a slow burn risk in China of Deval over time.

[NeverQuestion]

Interesting post today

http://www.nzherald.co.nz/business/n...ectid=11716872

[Hoop]

An Encycopedia of what influences the sharemarket in one cartoon???

It's been recycled on ST and other Media over the years...It's still my favourite gem

[skid]

Also:
European banking sector (Deutsche, Monte Paschi etc)
Still a slow burn risk in China of Deval over time.

You were right to add that---Huge banks in trouble are scary--No one is exempt from collateral damage these days but any opinions on how else we would be affected-or insulated?

[Mush]

You were right to add that---Huge banks in trouble are scary--No one is exempt from collateral damage these days but any opinions on how else we would be affected-or insulated?

Well skid, all I can do is refer you to this graph that the IMF produced about the most systemic bank Globally.

Attachment 8336

If DB or any of its counter-parties encounter difficulties or bankruptcy, there would be widespread contagion. Even more so than what occurred in 08'

Reports out from Bloomberg yesterday stating that some Hedgies have reduced excess collateral with DB, which signals reduced confidence. SP decline triggered a selloff in Euro/US financial stocks which brought most indicies down with it. Gold and Bonds were bid due to the risk off flight to safety/quality.

Might be time to start increasing the cash holdings (not with Deutsche).