Black Monday

[BlackPeter]

Good read .....no doubt has an influence on where markets go

https://www.ineteconomics.org/perspe...ver-of-america

Frightening read - not necessarily worryisome looking into next recession (black Monday), but painting a bleak future for the way some powerful and rich humans look at the rest and how they treat them. And yes, there are indications for their strategy being engaged.

Not a fan of horror stories, but this one is worthwhile reading! Cheers for sharing.

[winner69]

Frightening read - not necessarily worryisome looking into next recession (black Monday), but painting a bleak future for the way some powerful and rich humans look at the rest and how they treat them. And yes, there are indications for their strategy being engaged.

Not a fan of horror stories, but this one is worthwhile reading! Cheers for sharing.

Are they the ‘they’ who keep the Fed in line? (along with many other things)

[BlackPeter]

Are they the ‘they’ who keep the Fed in line? (along with many other things)

I think the answer is - it depends. If there is a democratic president in power, than yes, this is what they seem to do.

[Aaron]

Good read .....no doubt has an influence on where markets go

https://www.ineteconomics.org/perspe...ver-of-america

It seems out of character for an optimist like you there winner. Have had a quick read unsure if it is a conspiracy theory crackpot website or not. Which NZ party's policies seem to align with this way of thinking?? Trickle Down economics etc. It has been said in some ways that the central banks supporting financial markets is a form of trickle down economics as the proposition is as long as wealth is protected all will be fine and dandy as everyone will be happy an confident. Strong on law and order, particularly property rights, hmm.. sound like anyone we know, not sure if NZ is as far down the road the US seems to be taking.

Don't know the time delay from the cnn site I look at but looking pretty bleak today although gold is doing well.
https://money.cnn.com/data/world_markets/asia/

[skid]

With Trumps loose tongue its hard to know just how much is him and how much is fundamentals but the US (DOW)seems to be on a pattern of lower highs...will this turn into a lower low as well? Or will he just say something a bit more positive about trade and all will be well for a while.
one things for sure ...with him at the helm,if this whole thing goes pear shaped,many will look back and think...''How could we not see this!''

[winner69]

It seems out of character for an optimist like you there winner. Have had a quick read unsure if it is a conspiracy theory crackpot website or not. Which NZ party's policies seem to align with this way of thinking?? Trickle Down economics etc. It has been said in some ways that the central banks supporting financial markets is a form of trickle down economics as the proposition is as long as wealth is protected all will be fine and dandy as everyone will be happy an confident. Strong on law and order, particularly property rights, hmm.. sound like anyone we know, not sure if NZ is as far down the road the US seems to be taking.

Don't know the time delay from the cnn site I look at but looking pretty bleak today although gold is doing well.
https://money.cnn.com/data/world_markets/asia/

Aaron .... it doesn’t matter whether you are optimistic or pessimistic as long as you know there are some evil people who are/trying to change the world for their own good .....at our expense

People mentioned in that article are typical of them.

One day the populous will really get pissed off and there will be a revolution and the evil will get their comeuppance.

Love what the French protestors achieved overnight ....good on them

[winner69]

Aaron - have you ever read “Deer Hunting With Jesus: Dispatches From America's Class War” by Joe Bageant?

Great book ...Joe wrote a few good books

[Leftfield]

With Trumps loose tongue its hard to know just how much is him and how much is fundamentals but the US (DOW)seems to be on a pattern of lower highs...will this turn into a lower low as well? Or will he just say something a bit more positive about trade and all will be well for a while.
one things for sure ...with him at the helm,if this whole thing goes pear shaped,many will look back and think...''How could we not see this!''

It's not all about the chief trump in charge..... there are a lot of jitters coming out of the UK facing Brexit melt-down. Here's a small quote from CNN on the subject.

Despite May's strong stance, her plans are widely expected to be rejected, and with only 16 weeks to go before the Article 50 deadline on March 29 -- when Britain officially leaves the EU -- options are running out.

[Joshuatree]

Nasdaq up re 7.7% since 20/11 by my figs
DOW up 6.3% last 5 days
Thats a great rally and an opp to unload some stocks or will the traditional Xmas rally continue. Some good brexit news would be a tonic.

DOW re 800 point drop, 3.1%. Brexit looking grim too atm.

[skid]

[QUOTE=Left field;740057]It's not all about the chief trump in charge..... there are a lot of jitters coming out of the UK facing Brexit melt-down. Here's a small quote from CNN on the subject.

Despite May's strong stance, her plans are widely expected to be rejected, and with only 16 weeks to go before the Article 50 deadline on March 29 -- when Britain officially leaves the EU -- options are running out.[/QUOTE

Of course there are other issues,but I was referring to the Dow and I believe Trumps comments were the dominant factor...the plunge came on the heels of his comment about China....I believe there are good reasons why the norm was for presidents not to shoot their mouth off all the time. Even Brexit has alot of skin in the game of whether they will get US trade....watch and see what happens if trump says something ill thought out about that issue. just sayin

It will be interesting to see if this forms a lower low,or not