Black Monday

[Balance]

trump did it again sent a tweet to say stimulus is off and the market tanks 500 pts in 5 mins

Good. Another opportunity to pick up some stocks which will be beaten up, ahead of the Federal Reserve taking action to free up more money and stimulate the economy.

[bull....]

Good. Another opportunity to pick up some stocks which will be beaten up, ahead of the Federal Reserve taking action to free up more money and stimulate the economy.

powell just today pleaded with congress for more stimulus. why because he knows they cant print forever

In one of his strongest appeals to date, Federal Reserve Chair Jerome Powell warned of a weak U.S. recovery without sufficient government aid and said providing too much stimulus wouldn’t be a problem.

https://www.bloomberg.com/news/artic...d=premium-asia

[Balance]

powell just today pleaded with congress for more stimulus. why because he knows they cant print forever

In one of his strongest appeals to date, Federal Reserve Chair Jerome Powell warned of a weak U.S. recovery without sufficient government aid and said providing too much stimulus wouldn’t be a problem.

https://www.bloomberg.com/news/artic...d=premium-asia

Of course he can print forever - just not his preference. Negative interest rates is not something he wants to do but if he needs to, he will.

[Leftfield]

Good. Another opportunity to pick up some stocks which will be beaten up, ahead of the Federal Reserve taking action to free up more money and stimulate the economy.

There may be more bargain priced share buying opportunities as we inch to a USA election result. I've increased my cash allocation accordingly..... but think it's a tab too early for bargain hunting just yet. Interesting times!

[Zaphod]

The turmoil will probably continue well after the election, especially if the results are marginal.

[Balance]

The turmoil will probably continue well after the election, especially if the results are marginal.

Volatility rather than turmoil.

Federal Reserve extremely vigilant and if need be, I believe they will pump trillions of dollars more to cushion the economy.

[bull....]

Volatility rather than turmoil.

Federal Reserve extremely vigilant and if need be, I believe they will pump trillions of dollars more to cushion the economy.

they wait till after election results till they show there hand

[bull....]

US markets rotation still on tech to other sectors to a degree , rut raging on stimulus hopes , transports at new highs even the dow utilities which we mentioned seems like mths ago as a pattern in the making broke out of the ascending triangle to the upside today.

In NZ interest in utilities as gentailers , property stocks and retirement stocks have all been in demand again lately probably due to ORR going to implement new measures shortly to drive deposit rates heaps lower vrs the once popular atm ,fph and techs here not so in favour , so nz getting its own sort of rotation move as well.

still major demand for div paying stocks going on in NZ , advance positioning ahead of ORR big announcement probably. like i be saying for ages get your income why you can

[bull....]

just released this afternoon --- getting ready for the big boozookaaaaa .... get your income why you can

Reserve Bank hints at its Funding for Lending Programme having few conditions and not necessarily needing to be implemented with a negative OCR

https://www.interest.co.nz/banking/1...ot-necessarily

[Zaphod]

Volatility rather than turmoil.

Federal Reserve extremely vigilant and if need be, I believe they will pump trillions of dollars more to cushion the economy.

Depends. IMO, if Trump doesn't win by a landslide, expect turmoil as his supporters revolt.