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08-25-2015 08:06 PM
Sure is a sign of things to come.
Off to check my pantry.
08-25-2015 08:10 PM
@Snowpuppy wrote:Sure is a sign of things to come.
Off to check my pantry.
***
Nothing like those bad years of 2007-08.
08-25-2015 09:00 PM
Also with the DOW going down 1,000 points within the first hour of the market being open had the smell of automated computer selling to it.
08-25-2015 09:11 PM
China has been slowing down...it is a surprise that they devalued their currency? Not really. Every other country in the world has been playing this game. First the US, then Japan, then Europe, and now China. It's a race to the bottom. One important note regarding the US: We are raising our rates such that our currency is now going to be in demand globally, and we don't get to play the currency devaluation game anymor, for the time being. The currency devaluations are only part of the story though.
08-26-2015 03:31 PM
The DOW is up
08-26-2015 03:35 PM
Bump. - for the poster who was looking for this thread
08-26-2015 03:37 PM - edited 08-26-2015 06:24 PM
There have been warnings along the way that troubles was brewing. Oil and commodity prices have been collapsing. This has historically signaled a global slowdown, especially with the industrial commodity like copper collapsing in price.
08-26-2015 03:42 PM
When we have a major drop it is a time to buy.
08-26-2015 04:00 PM
Close: OVER SIX HUNDRED points
08-26-2015 04:05 PM - edited 08-26-2015 04:12 PM
China's GDP -1 percent. They are liquidating US treasuries alarming rates. 100 billion $ since the first of the year.
If others decide to dump us also, were in big trouble.
hope you don't own bonds...
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