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2016 Stock Market Opener
Ouch, DOW -400 Jan 04 16 07:12 am Link yeah, unfortunately China's slow economy along with our sluggish economy and our current political climate don't add up to a lot of confidence in the market. Jan 04 16 07:47 am Link buy Jan 04 16 07:51 am Link 51 Imaging wrote: That is what I am thinking Jan 04 16 08:01 am Link The freight and shipping indexes look like 2007 all over again. "It is well enough that the people of this nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -Automaker Henry Ford, during the Great Depression https://www.youtube.com/watch?v=-DT7bX-B1Mg China Halts Stock Trading After 7% Rout Triggers Circuit Breaker http://www.bloomberg.com/news/articles/ … n-declines "Dow Jones starts 2.3% lower to the year, on track for worst start to a year since 1932" https://twitter.com/Schuldensuehner/sta … 89/photo/1 Bail-Ins Begin http://ellenbrown.com/2015/12/29/a-cris … ins-begin/ "under both the Dodd Frank Act and the 2005 Bankruptcy Act, derivative claims have super-priority over all other claims, secured and unsecured, insured and uninsured." "Under the old liquidation rules, an insolvent bank was actually “liquidated” – its assets were sold off to repay depositors and creditors. Under an “orderly resolution,” the accounts of depositors and creditors are emptied to keep the insolvent bank in business." Jan 04 16 09:53 am Link I just lost 1.8 billion, trillion, zillion, million peso. Jan 04 16 10:00 am Link Michael Bots wrote: Interesting link. Jan 04 16 10:25 am Link 51 Imaging wrote: Not yet. Jan 04 16 11:03 am Link For me the timing is good -- I only get paid once a year, and I expect that check any day now. I note that two of the stocks I hold had a terrible day today: Amazon & Netflix. Since I expect them to recover, I just might put a little cash into those stocks in the next couple of days. But that's just me. I don't know why difficulties in China would impact either of those two stocks. Jan 04 16 12:45 pm Link Exports? Revisions on those growth predictions? Atlanta Fed Just Slashed Q4 GDP Forecast To Barely Positive 0.7%, Down 1.2% In Ten Days http://www.zerohedge.com/news/2016-01-0 … 2-ten-days "The forecast for the contribution of net exports to fourth-quarter real GDP growth fell 0.1 percentage points to -0.4 percentage points on December 29 after the U.S. Census Bureau's advance report on international trade in goods" JPMorgan downgrades all but one emerging economy https://www.rt.com/business/327876-jpmo … downgrade/ Dow industrials haven’t started the year this horribly in 84 years http://www.marketwatch.com/story/dow-in … 2016-01-04 Here’s how the government miscalculated a decade’s worth of construction data http://www.marketwatch.com/story/heres- … 2016-01-04 "A multi-billion dollar revision stretching back 10 years could boost GDP" (renovate so that your kids can move back home or your parents can move in = growth) Jan 04 16 01:11 pm Link FlirtynFun Photography wrote: It is more CON than con fidence. Jan 04 16 03:06 pm Link FANG Amazon Netflx Google. dats the story. Jan 04 16 03:07 pm Link Looknsee Photography wrote: Has Bezos inc ever made a dime? Jan 04 16 03:08 pm Link |