Black Monday

**Biscuit** · 29-04-2019, 10:55 AM

Originally Posted by winner69

All this stuff Fed doing to keep the markets going up is the antithesis of capitalism .....and every step the closer we get to socialism

If the Government were printing money to buy assets then that would be the opposite of capitalism (assets owned privately). But are they doing that? Isn't it more that the govt is printing money and essentially lending it out, ie buying "financial assets". The money is presumably being invested into property and businesses by third parties who are the "owners". So, capitalism alive and well for the moment. Until it all goes horribly wrong at which point the govt and/or the banks will end up owning a whole load of bankrupt businesses and foreclosed properties. I guess a publicly-funded process of retaining quality assets in private ownership while transferring the most dodgy and bankrupt assets to public ownership could be regarded as a form of socialism.

**winner69** · 29-04-2019, 12:55 PM

Originally Posted by Biscuit

If the Government were printing money to buy assets then that would be the opposite of capitalism (assets owned privately). But are they doing that? Isn't it more that the govt is printing money and essentially lending it out, ie buying "financial assets". The money is presumably being invested into property and businesses by third parties who are the "owners". So, capitalism alive and well for the moment. Until it all goes horribly wrong at which point the govt and/or the banks will end up owning a whole load of bankrupt businesses and foreclosed properties. I guess a publicly-funded process of retaining quality assets in private ownership while transferring the most dodgy and bankrupt assets to public ownership could be regarded as a form of socialism.

Socialism for the top 1% it is

Although some might call it fascism

**bull....** · 02-05-2019, 06:46 AM

no change fed

Fed holds rates steady, citing lack of inflation pressure

https://www.cnbc.com/2019/05/01/fed-...unchanged.html

just like evrywhere else no inflation

other big news

China and the US are reportedly very close to resolving a key sticking point to a trade deal

https://www.cnbc.com/2019/05/01/chin...rade-deal.html

Cannabis fans everywhere may get their wish as Oreo-maker Mondelez eyes CBD-infused snacks

https://www.cnbc.com/2019/05/01/cann...bd-snacks.html

**sb9** · 02-05-2019, 10:18 AM

Originally Posted by bull....

no change fed

Fed holds rates steady, citing lack of inflation pressure

https://www.cnbc.com/2019/05/01/fed-...unchanged.html

just like evrywhere else no inflation

other big news

China and the US are reportedly very close to resolving a key sticking point to a trade deal

https://www.cnbc.com/2019/05/01/chin...rade-deal.html

Cannabis fans everywhere may get their wish as Oreo-maker Mondelez eyes CBD-infused snacks

https://www.cnbc.com/2019/05/01/cann...bd-snacks.html

Bid drop in Dow overnight, "sell in May and go away" coming up perhaps??

**bull....** · 02-05-2019, 10:34 AM

Originally Posted by sb9

Bid drop in Dow overnight, "sell in May and go away" coming up perhaps??

US indices all banging against the top of huge range , ive reduced my exposure to stocks just last week will be waiting to see what happens. trade deal could be a sell the moment thing as well if its factored into prices. time to be nimble see what happens

**sb9** · 02-05-2019, 10:44 AM

Originally Posted by bull....

US indices all banging against the top of huge range , ive reduced my exposure to stocks just last week will be waiting to see what happens. trade deal could be a sell the moment thing as well if its factored into prices. time to be nimble see what happens

The much talked "trade deal" between US and China could turn out to be a fizzer imo.

Have sold few stocks last month to keep my powder dry, just in case market turns custard.

**bull....** · 03-05-2019, 07:07 AM

not a good start to us markets for the start of may

Dow falls 150 points, stocks fall for a second day after Fed Chief Powell signals no rate cut soon

https://www.cnbc.com/2019/05/02/stoc...less-data.html

other big news

https://www.cnbc.com/2019/05/02/beyo...-industry.html

Shares of Beyond Meat rocketed up 135% in its public market debut Thursday.

the meat industry disruptors are coming

**blackcap** · 03-05-2019, 07:41 AM

Come on peeps, a 150 point drop on an index of 26,000 is not a big move. Lets talk %es and then that puts things in perspective. Only down 0.6%, nothing to see here move on.