I'm expecting more carnage over the next couple of days
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I read a lot of commentary on the world's financial markets, and the world and regional economies.
For a while now, there has been an undercurrent of "What will be the next black swan event that trashes the markets?"
But maybe you don't need a singular black swan, maybe a herd of grey swans will be sufficient. But how many swans make a herd? Are we there yet? Who's counting?
I agree ... Asian markets even bigger falls .... Trump coming out with "the FED is crazy comment WTF??"
Far too many global issues underway not to see a good size correction .. Bitcoin looks on the verge of imploding ...as the fact is just a very risky tech investment and not a smart currency ..
Gold producer majors doing well on the ASX
Not that anyone cares but I lost $700 NZD in my portfolio today. Feeling blue. But I'm sure others are feeling worse :( (Considerable percentage given how much is invested)
You have to laugh.
My two smallest holdings are in Australia;LBL and VRM.Both up today,, 11.1% and 5.9%.!!
Right back to counting up my divies….lol.
Not for the very start as investors and traders are selling the liquid asset to maintain margins in their equity accounts.... thats why I think we might see GOLD move as fear feeds into the market over the next week as new investment finds the safe haven instead