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    All Forums | Investments

    Market crash

    «First Previous 234 ... 678 Next Last»
    Midnight1
    fubah2
    cdog8043
    Jarrett75
    wallstreetcappers
    ...
    Participants:
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    «First Previous 234 ... 678 Next Last»
     
    Midnight1
    Midnight1
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    Posted: Aug. 5, 2024 - 4:06 PM ET #26

    Just stating the facts. No alternative facts here.

    I didn't even mentioned how the DOW soared when the Democratic leadership took over.

    Regarding me calling your boy a POS, I want to make sure everyone know of who I speak.

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    Just stating the facts. No alternative facts here.

    I didn't even mentioned how the DOW soared when the Democratic leadership took over.

    Regarding me calling your boy a POS, I want to make sure everyone know of who I speak.

     
    fubah2
    fubah2
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    Posted: Aug. 5, 2024 - 4:07 PM ET #27

    2024 Presidential Greatness Project Expert Survey

     

    an_lightAs ranked by  MODERATES

         *Only the recent 10 Presidents in our lifetime shown


     9    Barack Obama an_clap
    11   Ronald Reagan
    12   Bill Clinton
    16   George H.W. Bush
    20  Joe Biden  <-------- an_2drinks

    Median of 45

    26   Jimmy Carter
    27   Gerald Ford
    30   George W. Bush
    35   Richard Nixon

     

       ~ big gap ~

     

    45   an_laugh Trump <--- LAST! thejester

     

    **trump presided over the worst market crash since Bush!

     

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    2024 Presidential Greatness Project Expert Survey

     

    an_lightAs ranked by  MODERATES

         *Only the recent 10 Presidents in our lifetime shown


     9    Barack Obama an_clap
    11   Ronald Reagan
    12   Bill Clinton
    16   George H.W. Bush
    20  Joe Biden  <-------- an_2drinks

    Median of 45

    26   Jimmy Carter
    27   Gerald Ford
    30   George W. Bush
    35   Richard Nixon

     

       ~ big gap ~

     

    45   an_laugh Trump <--- LAST! thejester

     

    **trump presided over the worst market crash since Bush!

     

     
    cdog8043
    cdog8043
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    Posted: Aug. 5, 2024 - 4:10 PM ET #28

    @Midnight1

     CURRENT EVENTS -

    Dow Jones Industrial Average Index  (-1,033.99) (-2.60%) today

    No Bold Letters, No Underlined Bold Color Letters - FACT

    I can only imagine when that day will come
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    @Midnight1

     CURRENT EVENTS -

    Dow Jones Industrial Average Index  (-1,033.99) (-2.60%) today

    No Bold Letters, No Underlined Bold Color Letters - FACT

     
    Jarrett75
    Jarrett75
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    Posted: Aug. 5, 2024 - 4:19 PM ET #29

    Quote Originally Posted by wallstreetcappers:

    @Jarrett75  Might I suggest going to a non-political investment based website for that information. Even good ole partisan hack ZH has some coverage about what caused/is causing this. My comment was because you played a bait and bait with that other member, he replied with a serve and volley then you actually took offense that he insulted Trump, I mean it cant be more comical than YOU of all people taking fake insult that someone made a sharp comment about Trump. You dish out more partisan attacks than most and you send in user reports just tit for tat complaining and then YOU cry foul over his response about Trump. That is the crying I am referencing. You dishing it out as a narrative need to have a thicker skin than to play that game and to send in reports that are meaningless and retaliatory as you do. It is humorous...just cant make this stuff up.

    Here gonna use some French for you, Au contraire mon frère. I wasn't offended he insulted Trump. I was offended he thought that response was valid, like people aren't smart enough to decipher. He's not talking to the non informed Democrats who are only voting for Harris because she's "black" or cause Taylor Swift or Megan Thee Stallion said we should. We have common sense to know that was 10000% a partisan reply and you think I got mad because it insulted Trump?!?! an_roll_laughAnd again you say I need thicker skin Mr. Box someone for putting a video of the pot calling the kettle black. Someones skin is paper thin! 

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    Quote Originally Posted by wallstreetcappers:

    @Jarrett75  Might I suggest going to a non-political investment based website for that information. Even good ole partisan hack ZH has some coverage about what caused/is causing this. My comment was because you played a bait and bait with that other member, he replied with a serve and volley then you actually took offense that he insulted Trump, I mean it cant be more comical than YOU of all people taking fake insult that someone made a sharp comment about Trump. You dish out more partisan attacks than most and you send in user reports just tit for tat complaining and then YOU cry foul over his response about Trump. That is the crying I am referencing. You dishing it out as a narrative need to have a thicker skin than to play that game and to send in reports that are meaningless and retaliatory as you do. It is humorous...just cant make this stuff up.

    Here gonna use some French for you, Au contraire mon frère. I wasn't offended he insulted Trump. I was offended he thought that response was valid, like people aren't smart enough to decipher. He's not talking to the non informed Democrats who are only voting for Harris because she's "black" or cause Taylor Swift or Megan Thee Stallion said we should. We have common sense to know that was 10000% a partisan reply and you think I got mad because it insulted Trump?!?! an_roll_laughAnd again you say I need thicker skin Mr. Box someone for putting a video of the pot calling the kettle black. Someones skin is paper thin! 

     
    Jarrett75
    Jarrett75
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    Posted: Aug. 5, 2024 - 4:20 PM ET #30

    Quote Originally Posted by fubah2:

    2024 Presidential Greatness Project Expert Survey   As ranked by  MODERATES      *Only the recent 10 Presidents in our lifetime shown  9    Barack Obama 11   Ronald Reagan12   Bill Clinton16   George H.W. Bush20  Joe Biden  <-------- Median of 45 26   Jimmy Carter27   Gerald Ford30   George W. Bush35   Richard Nixon      ~ big gap ~   45   Trump <--- LAST!   **trump presided over the worst market crash since Bush!

     

    how much do you get paid to constantly post the same drivel? I mean this has to be the 100th time. Isn't this spam Mr. Skin? Posting the same thing over and over?

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    Quote Originally Posted by fubah2:

    2024 Presidential Greatness Project Expert Survey   As ranked by  MODERATES      *Only the recent 10 Presidents in our lifetime shown  9    Barack Obama 11   Ronald Reagan12   Bill Clinton16   George H.W. Bush20  Joe Biden  <-------- Median of 45 26   Jimmy Carter27   Gerald Ford30   George W. Bush35   Richard Nixon      ~ big gap ~   45   Trump <--- LAST!   **trump presided over the worst market crash since Bush!

     

    how much do you get paid to constantly post the same drivel? I mean this has to be the 100th time. Isn't this spam Mr. Skin? Posting the same thing over and over?

     
    Midnight1
    Midnight1
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    Posted: Aug. 5, 2024 - 4:26 PM ET #31

    Quote Originally Posted by cdog8043:

    @Midnight1  CURRENT EVENTS - Dow Jones Industrial Average Index  (-1,033.99) (-2.60%) today No Bold Letters, No Underlined Bold Color Letters - FACT

    Cherry pick much?

    confused

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    Quote Originally Posted by cdog8043:

    @Midnight1  CURRENT EVENTS - Dow Jones Industrial Average Index  (-1,033.99) (-2.60%) today No Bold Letters, No Underlined Bold Color Letters - FACT

    Cherry pick much?

    confused

     
    Jarrett75
    Jarrett75
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    Posted: Aug. 5, 2024 - 4:26 PM ET #32

    Quote Originally Posted by Midnight1:

    Just stating the facts. No alternative facts here. I didn't even mentioned how the DOW soared when the Democratic leadership took over. Regarding me calling your boy a POS, I want to make sure everyone know of who I speak.

    Your post was 100% factual, you just buried the lede. Kind of like how CNN said Trump fell when he was nearly assassinated. You left out Covid, they left out the bullet whizzing through his ear. 

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    Quote Originally Posted by Midnight1:

    Just stating the facts. No alternative facts here. I didn't even mentioned how the DOW soared when the Democratic leadership took over. Regarding me calling your boy a POS, I want to make sure everyone know of who I speak.

    Your post was 100% factual, you just buried the lede. Kind of like how CNN said Trump fell when he was nearly assassinated. You left out Covid, they left out the bullet whizzing through his ear. 

     
    Jarrett75
    Jarrett75
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    Posted: Aug. 5, 2024 - 4:28 PM ET #33

    Quote Originally Posted by Midnight1:

    Quote Originally Posted by cdog8043: @Midnight1  CURRENT EVENTS - Dow Jones Industrial Average Index  (-1,033.99) (-2.60%) today No Bold Letters, No Underlined Bold Color Letters - FACT Cherry pick much?

    like posting only Trump's and not Biden's on your other post? I would say something about a pot and etc, but that got me boxed by a thin skinned individual. 

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    Quote Originally Posted by Midnight1:

    Quote Originally Posted by cdog8043: @Midnight1  CURRENT EVENTS - Dow Jones Industrial Average Index  (-1,033.99) (-2.60%) today No Bold Letters, No Underlined Bold Color Letters - FACT Cherry pick much?

    like posting only Trump's and not Biden's on your other post? I would say something about a pot and etc, but that got me boxed by a thin skinned individual. 

     
    wallstreetcappers
    wallstreetcappers
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    Posted: Aug. 5, 2024 - 4:29 PM ET #34

    @Jarrett75

     

    just like I asked your friend today, please when replying to other members do not use insulting abusive terms, if you are replying to someone use their username or just nothing but the sarcastic and rude way you reply to others we do not allow here. So consider that another opportunity to be given respect in asking you to not reply like that.

    His stats were legit, you just didnt like that it lacked context of Covid..kind of like how your original thread topic lacked total context and non-partisan content. The markets have been doing great, better than even I expected with rates being up here, it is shocking they have done so well. Your original message was way off the mark, it was partisan and when you make combative threads do not be surprised when the other side replies to correct your faulty narrative. If you make more insulting name calling replies I will box you as well and continue to box until the decision will be to ban.

    att_please

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    @Jarrett75

     

    just like I asked your friend today, please when replying to other members do not use insulting abusive terms, if you are replying to someone use their username or just nothing but the sarcastic and rude way you reply to others we do not allow here. So consider that another opportunity to be given respect in asking you to not reply like that.

    His stats were legit, you just didnt like that it lacked context of Covid..kind of like how your original thread topic lacked total context and non-partisan content. The markets have been doing great, better than even I expected with rates being up here, it is shocking they have done so well. Your original message was way off the mark, it was partisan and when you make combative threads do not be surprised when the other side replies to correct your faulty narrative. If you make more insulting name calling replies I will box you as well and continue to box until the decision will be to ban.

    att_please

     
    Jarrett75
    Jarrett75
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    Posted: Aug. 5, 2024 - 4:37 PM ET #35

    Quote Originally Posted by wallstreetcappers:

    @Jarrett75   just like I asked your friend today, please when replying to other members do not use insulting abusive terms, if you are replying to someone use their username or just nothing but the sarcastic and rude way you reply to others we do not allow here. So consider that another opportunity to be given respect in asking you to not reply like that. His stats were legit, you just didnt like that it lacked context of Covid..kind of like how your original thread topic lacked total context and non-partisan content. The markets have been doing great, better than even I expected with rates being up here, it is shocking they have done so well. Your original message was way off the mark, it was partisan and when you make combative threads do not be surprised when the other side replies to correct your faulty narrative. If you make more insulting name calling replies I will box you as well and continue to box until the decision will be to ban.

    well you called me thin skin, shouldn't you be boxed? I didn't appreciate that insult. I am refraining from using someones name as to name the directly. You can't have it both ways. If I say someones name directly, I get boxed, if I say something referring to someone without directly, you are threatening to box me. I'm still waiting on the cause of the drop the last 2 weeks. 

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    Quote Originally Posted by wallstreetcappers:

    @Jarrett75   just like I asked your friend today, please when replying to other members do not use insulting abusive terms, if you are replying to someone use their username or just nothing but the sarcastic and rude way you reply to others we do not allow here. So consider that another opportunity to be given respect in asking you to not reply like that. His stats were legit, you just didnt like that it lacked context of Covid..kind of like how your original thread topic lacked total context and non-partisan content. The markets have been doing great, better than even I expected with rates being up here, it is shocking they have done so well. Your original message was way off the mark, it was partisan and when you make combative threads do not be surprised when the other side replies to correct your faulty narrative. If you make more insulting name calling replies I will box you as well and continue to box until the decision will be to ban.

    well you called me thin skin, shouldn't you be boxed? I didn't appreciate that insult. I am refraining from using someones name as to name the directly. You can't have it both ways. If I say someones name directly, I get boxed, if I say something referring to someone without directly, you are threatening to box me. I'm still waiting on the cause of the drop the last 2 weeks. 

     
    Jarrett75
    Jarrett75
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    Posted: Aug. 5, 2024 - 4:40 PM ET #36

    And what insulting, abusive term did I use? confused

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    And what insulting, abusive term did I use? confused

     
    Jarrett75
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    Posted: Aug. 5, 2024 - 4:58 PM ET #37

    Every where was down, but the fact is as the world's largest super power, largest economy, we set the tone of everything in the world. 

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    Every where was down, but the fact is as the world's largest super power, largest economy, we set the tone of everything in the world. 

     
    wallstreetcappers
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    Posted: Aug. 5, 2024 - 5:51 PM ET #38

    Thin skinned is not an insulting spin on your username as a means to put you down, thin skinned is a term for someone who can dish it but cannot take it. If you are insulted by that then my thesis is correct, you can dish it all day long but when someone reports facts you do not like you turn combative and cannot take it. You made a thread which was false, misleading, inaccurate, partisan and narrow minded. Another member added information to your partisan thread and you get testy about it. If you want context then GIVE CONTEXT, do not play sour grapes about his posting that on Trump's dime the markets have experienced some of the worst days in history and not include Covid when you make a thread which has ZERO context, ZERO accuracy and is partisan in addition to being flawed. The US markets were down because of a different event not connected to a political party or really even the US itself. Did you find out what that is yet?

    When you guys spin other members names as an insult and a put down that is breaking the rules, like what you did towards me. Calling you thin skinned is based on your posts, your threads, your replies, your reaction to other members responses it has ZERO to do with a spin in your name or attacking you in your real life. I dont know about your real life nor do I want to and vice versa so it cannot be that I am slandering you and your real life name or your real life job or your family or how tall or your weight or making a different name for you that is insulting.

     

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    Thin skinned is not an insulting spin on your username as a means to put you down, thin skinned is a term for someone who can dish it but cannot take it. If you are insulted by that then my thesis is correct, you can dish it all day long but when someone reports facts you do not like you turn combative and cannot take it. You made a thread which was false, misleading, inaccurate, partisan and narrow minded. Another member added information to your partisan thread and you get testy about it. If you want context then GIVE CONTEXT, do not play sour grapes about his posting that on Trump's dime the markets have experienced some of the worst days in history and not include Covid when you make a thread which has ZERO context, ZERO accuracy and is partisan in addition to being flawed. The US markets were down because of a different event not connected to a political party or really even the US itself. Did you find out what that is yet?

    When you guys spin other members names as an insult and a put down that is breaking the rules, like what you did towards me. Calling you thin skinned is based on your posts, your threads, your replies, your reaction to other members responses it has ZERO to do with a spin in your name or attacking you in your real life. I dont know about your real life nor do I want to and vice versa so it cannot be that I am slandering you and your real life name or your real life job or your family or how tall or your weight or making a different name for you that is insulting.

     

     
    Midnight1
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    Posted: Aug. 5, 2024 - 6:21 PM ET #39

    The POS had more 2,000 day loses than than Joe's 500 day losses.

    That's a fact.

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    The POS had more 2,000 day loses than than Joe's 500 day losses.

    That's a fact.

     
    Jarrett75
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    Posted: Aug. 5, 2024 - 6:37 PM ET #40

    Quote Originally Posted by wallstreetcappers:

    Thin skinned is not an insulting spin on your username as a means to put you down, thin skinned is a term for someone who can dish it but cannot take it. If you are insulted by that then my thesis is correct, you can dish it all day long but when someone reports facts you do not like you turn combative and cannot take it. You made a thread which was false, misleading, inaccurate, partisan and narrow minded. Another member added information to your partisan thread and you get testy about it. If you want context then GIVE CONTEXT, do not play sour grapes about his posting that on Trump's dime the markets have experienced some of the worst days in history and not include Covid when you make a thread which has ZERO context, ZERO accuracy and is partisan in addition to being flawed. The US markets were down because of a different event not connected to a political party or really even the US itself. Did you find out what that is yet? When you guys spin other members names as an insult and a put down that is breaking the rules, like what you did towards me. Calling you thin skinned is based on your posts, your threads, your replies, your reaction to other members responses it has ZERO to do with a spin in your name or attacking you in your real life. I dont know about your real life nor do I want to and vice versa so it cannot be that I am slandering you and your real life name or your real life job or your family or how tall or your weight or making a different name for you that is insulting.

    ok first thing, you boxed me because I posted a video when you clearly contradicted yourself. That is you being thin skinned. You said I was being thin skinned because Midnight posted what he did and I was far from crying, he knew exactly what he was doing. I have been boxed twice in the last month for implying a person who said he charged people more when working in their house was a plumber and for pointing out that you contradicted yourself and did nothing more than post a youtube short clip defining the pot calling the kettle black. YOU ARE THIN SKINNED. And yes I have reported many things on here, because Midnight calling Trump a POS every time is inflammatory language. Many of your buddies calling conservatives that post on here cult members is inflammatory. But you have allowed this forum to become a cesspool because you and all of them have TDS. You just live in a fairy tale world like the rest of them thinking you are fair and impartial. But you aren't. I'm done, I've had enough lunacy for today. an_getaway 

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    Quote Originally Posted by wallstreetcappers:

    Thin skinned is not an insulting spin on your username as a means to put you down, thin skinned is a term for someone who can dish it but cannot take it. If you are insulted by that then my thesis is correct, you can dish it all day long but when someone reports facts you do not like you turn combative and cannot take it. You made a thread which was false, misleading, inaccurate, partisan and narrow minded. Another member added information to your partisan thread and you get testy about it. If you want context then GIVE CONTEXT, do not play sour grapes about his posting that on Trump's dime the markets have experienced some of the worst days in history and not include Covid when you make a thread which has ZERO context, ZERO accuracy and is partisan in addition to being flawed. The US markets were down because of a different event not connected to a political party or really even the US itself. Did you find out what that is yet? When you guys spin other members names as an insult and a put down that is breaking the rules, like what you did towards me. Calling you thin skinned is based on your posts, your threads, your replies, your reaction to other members responses it has ZERO to do with a spin in your name or attacking you in your real life. I dont know about your real life nor do I want to and vice versa so it cannot be that I am slandering you and your real life name or your real life job or your family or how tall or your weight or making a different name for you that is insulting.

    ok first thing, you boxed me because I posted a video when you clearly contradicted yourself. That is you being thin skinned. You said I was being thin skinned because Midnight posted what he did and I was far from crying, he knew exactly what he was doing. I have been boxed twice in the last month for implying a person who said he charged people more when working in their house was a plumber and for pointing out that you contradicted yourself and did nothing more than post a youtube short clip defining the pot calling the kettle black. YOU ARE THIN SKINNED. And yes I have reported many things on here, because Midnight calling Trump a POS every time is inflammatory language. Many of your buddies calling conservatives that post on here cult members is inflammatory. But you have allowed this forum to become a cesspool because you and all of them have TDS. You just live in a fairy tale world like the rest of them thinking you are fair and impartial. But you aren't. I'm done, I've had enough lunacy for today. an_getaway 

     
    ABooksNightmare
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    Posted: Aug. 5, 2024 - 6:48 PM ET #41

    The whole trade issue with China that brought on the tariffs

    &

    the whole we are the world with North Korea

    &

    the pandemic didn't help which lead to major borrowing everywhere, but I recall these two major factors

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    The whole trade issue with China that brought on the tariffs

    &

    the whole we are the world with North Korea

    &

    the pandemic didn't help which lead to major borrowing everywhere, but I recall these two major factors

     
    wallstreetcappers
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    Posted: Aug. 5, 2024 - 7:02 PM ET #42

    @Jarrett75

     You mix issues to form a flabby narrative and it wont ever work with me here so separate issues and keep things easy to understand. You have ZERO reason to insert your sarcastic negative comments and yet you do it all the time and when you have been boxed you have been brutal in your comments. It is interesting though that when certain people get reprimanded they lash out in very telling, petty, childish ways when they are boxed..its usually the same group who submits reports that are NOT offensive, are NOT breaking the rules but are meant as retaliation, the same people who regularly insert their off topic sarcastic, unnecessary comments just to tick members off, the same group who flips usernames around to INSULT and put down as a means of again petty childish responses. The same who have gone into the main forums and trailed those they disagree with and get in trouble for it, the same who take as many opportunities to make a swipe on others even when they are breaking the rules and then whine about it when they are put in the box or banned.

    Your swipes at me were breaking the rules, you have ZERO purpose to interject when you are not part of the conversation, that is only meant to antagonize and provoke, thus you have been in trouble SEVERAL times for doing that. You insulted another member and their profession in a very tacky underhanded way, it served ZERO purpose and it shows how classless you are. 

    For all the complaints, reports, retaliation and combative garbage you shovel out, notice that the side you are attacking does NOT do the same to you, they merely dislike Trump and classify the TNC in a way you dislike, they do NOT ATTACK YOU personally like you do them...that is the difference between your group and theirs and as per the rules of the site we do not allow your schemes and attacks and offensive personal comments. THIS is why your pals get boxed and it is for breaking the site rules and guidelines. Keep it straight and quit forming really weak crappy narratives to try and rationalize your rule breaking.

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    @Jarrett75

     You mix issues to form a flabby narrative and it wont ever work with me here so separate issues and keep things easy to understand. You have ZERO reason to insert your sarcastic negative comments and yet you do it all the time and when you have been boxed you have been brutal in your comments. It is interesting though that when certain people get reprimanded they lash out in very telling, petty, childish ways when they are boxed..its usually the same group who submits reports that are NOT offensive, are NOT breaking the rules but are meant as retaliation, the same people who regularly insert their off topic sarcastic, unnecessary comments just to tick members off, the same group who flips usernames around to INSULT and put down as a means of again petty childish responses. The same who have gone into the main forums and trailed those they disagree with and get in trouble for it, the same who take as many opportunities to make a swipe on others even when they are breaking the rules and then whine about it when they are put in the box or banned.

    Your swipes at me were breaking the rules, you have ZERO purpose to interject when you are not part of the conversation, that is only meant to antagonize and provoke, thus you have been in trouble SEVERAL times for doing that. You insulted another member and their profession in a very tacky underhanded way, it served ZERO purpose and it shows how classless you are. 

    For all the complaints, reports, retaliation and combative garbage you shovel out, notice that the side you are attacking does NOT do the same to you, they merely dislike Trump and classify the TNC in a way you dislike, they do NOT ATTACK YOU personally like you do them...that is the difference between your group and theirs and as per the rules of the site we do not allow your schemes and attacks and offensive personal comments. THIS is why your pals get boxed and it is for breaking the site rules and guidelines. Keep it straight and quit forming really weak crappy narratives to try and rationalize your rule breaking.

     
    ABooksNightmare
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    Posted: Aug. 5, 2024 - 7:24 PM ET #43

    According to the New York Intelligencer...

     

    The fall was directly connected to Japan’s biggest market crash since Black Monday in 1987. Warren Buffett revealed that he has cut his share in Apple by about half and sold off more shares of Bank of America, one of the largest Too Big to Fail banks. The intricate global financial latticework of cheap foreign money and strong domestic companies that has propped up a world facing pivotal wars and elections has, it appears, started to show some cracks.

     

    Say it isn't so Warrensurprised

     

    Wall Street thinks the Federal Reserve screwed up again...Last week, at at its most recent monthly meeting, the Fed opted to keep interest rates steady, at about 5.3 percent, where they have been for a year. The decision was expected and left investors generally convinced that the central bank would start cutting interest rates in September — marking a key signal from the Fed that its fight against inflation is just about over. (Lower rates tend to stimulate the economy and investment.)

    But keeping rates at their current, relatively high levels caused some alarm as well, as it has become clearer that the economy is weakening far faster than anticipated. To give you an idea of how rapidly the economy is weakening, I wrote exactly one month ago that if Fed chair Jerome Powell were to cut rates in September, there would be a slight risk that he would be moving too early. Now, Wall Street is convinced that would be far too late.

    In isolation, the Fed’s decision not to cut wouldn’t have caused so much worry. But in combination with the bad unemployment report, which dropped two days later, it left markets spooked.

    Then there was some surprising news from the Bank of Japan.

     

    Japan no longer wants to be the world's source of cheap money...Most of the world’s major central banks are in the process of lowering, or preparing to lower, their interest rates, which they have held higher to stave off inflation. Not so with Japan. Last week, the Bank of Japan increased its benchmark rate by 0.25 percent and indicated that it would keep doing so in order to fight its own problems with inflation.

    Japan has had seemingly intractable problems with its economy since the 1990s, including years of deflation that scared off investment. Most recently, its problem has been its currency, the yen.

    One well-known feature of the global economy is that it is possible to borrow large sums of money cheaply — that is, at very low interest rates — in the Japanese currency. This allows a trader to take yen and then invest it somewhere else in the world (say, in U.S. markets) with a higher expected return. As long as there’s a significant difference between the lower-interest-rate yen and the higher returns of the investment, it is as close to free money as you can get.

    This is called the carry trade, and last week — after many years — the Bank of Japan essentially blew it up. The yen fell from 160 to 143 per U.S. dollar, an extremely violent shift for a market that tends to move in fractions of a cent. As such, traders started to sell off assets they had purchased with those borrowed yen, sparking a global fire sale. “You can’t unwind the biggest carry trade the world has ever seen without breaking a few heads."

    COVERS allows u to tell someone they are sexually frustrated so long as ur hands are clean
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    According to the New York Intelligencer...

     

    The fall was directly connected to Japan’s biggest market crash since Black Monday in 1987. Warren Buffett revealed that he has cut his share in Apple by about half and sold off more shares of Bank of America, one of the largest Too Big to Fail banks. The intricate global financial latticework of cheap foreign money and strong domestic companies that has propped up a world facing pivotal wars and elections has, it appears, started to show some cracks.

     

    Say it isn't so Warrensurprised

     

    Wall Street thinks the Federal Reserve screwed up again...Last week, at at its most recent monthly meeting, the Fed opted to keep interest rates steady, at about 5.3 percent, where they have been for a year. The decision was expected and left investors generally convinced that the central bank would start cutting interest rates in September — marking a key signal from the Fed that its fight against inflation is just about over. (Lower rates tend to stimulate the economy and investment.)

    But keeping rates at their current, relatively high levels caused some alarm as well, as it has become clearer that the economy is weakening far faster than anticipated. To give you an idea of how rapidly the economy is weakening, I wrote exactly one month ago that if Fed chair Jerome Powell were to cut rates in September, there would be a slight risk that he would be moving too early. Now, Wall Street is convinced that would be far too late.

    In isolation, the Fed’s decision not to cut wouldn’t have caused so much worry. But in combination with the bad unemployment report, which dropped two days later, it left markets spooked.

    Then there was some surprising news from the Bank of Japan.

     

    Japan no longer wants to be the world's source of cheap money...Most of the world’s major central banks are in the process of lowering, or preparing to lower, their interest rates, which they have held higher to stave off inflation. Not so with Japan. Last week, the Bank of Japan increased its benchmark rate by 0.25 percent and indicated that it would keep doing so in order to fight its own problems with inflation.

    Japan has had seemingly intractable problems with its economy since the 1990s, including years of deflation that scared off investment. Most recently, its problem has been its currency, the yen.

    One well-known feature of the global economy is that it is possible to borrow large sums of money cheaply — that is, at very low interest rates — in the Japanese currency. This allows a trader to take yen and then invest it somewhere else in the world (say, in U.S. markets) with a higher expected return. As long as there’s a significant difference between the lower-interest-rate yen and the higher returns of the investment, it is as close to free money as you can get.

    This is called the carry trade, and last week — after many years — the Bank of Japan essentially blew it up. The yen fell from 160 to 143 per U.S. dollar, an extremely violent shift for a market that tends to move in fractions of a cent. As such, traders started to sell off assets they had purchased with those borrowed yen, sparking a global fire sale. “You can’t unwind the biggest carry trade the world has ever seen without breaking a few heads."

     
    wallstreetcappers
    wallstreetcappers
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    Posted: Aug. 5, 2024 - 7:59 PM ET #44

    So it wasnt China it wasnt Biden it wasnt Harris it wasnt the LIBERALS...

    What a shock

    an_popcorn

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    So it wasnt China it wasnt Biden it wasnt Harris it wasnt the LIBERALS...

    What a shock

    an_popcorn

     
    ABooksNightmare
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    Posted: Aug. 5, 2024 - 8:26 PM ET #45

    Quote Originally Posted by wallstreetcappers:

    So it wasnt China it wasnt Biden it wasnt Harris it wasnt the LIBERALS... What a shock
    You may have missed the bigger picture here...Warren Buffet cut his Apple stock in half....time to get rid of your iphone...what does he know that we all don't knowan_roll_laugh

    COVERS allows u to tell someone they are sexually frustrated so long as ur hands are clean
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    Quote Originally Posted by wallstreetcappers:

    So it wasnt China it wasnt Biden it wasnt Harris it wasnt the LIBERALS... What a shock
    You may have missed the bigger picture here...Warren Buffet cut his Apple stock in half....time to get rid of your iphone...what does he know that we all don't knowan_roll_laugh

     
    Midnight1
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    Posted: Aug. 5, 2024 - 8:48 PM ET #46

    Quote Originally Posted by Jarrett75:

    Quote Originally Posted by wallstreetcappers: Thin skinned is not an insulting spin on your username as a means to put you down, thin skinned is a term for someone who can dish it but cannot take it. If you are insulted by that then my thesis is correct, you can dish it all day long but when someone reports facts you do not like you turn combative and cannot take it. You made a thread which was false, misleading, inaccurate, partisan and narrow minded. Another member added information to your partisan thread and you get testy about it. If you want context then GIVE CONTEXT, do not play sour grapes about his posting that on Trump's dime the markets have experienced some of the worst days in history and not include Covid when you make a thread which has ZERO context, ZERO accuracy and is partisan in addition to being flawed. The US markets were down because of a different event not connected to a political party or really even the US itself. Did you find out what that is yet? When you guys spin other members names as an insult and a put down that is breaking the rules, like what you did towards me. Calling you thin skinned is based on your posts, your threads, your replies, your reaction to other members responses it has ZERO to do with a spin in your name or attacking you in your real life. I dont know about your real life nor do I want to and vice versa so it cannot be that I am slandering you and your real life name or your real life job or your family or how tall or your weight or making a different name for you that is insulting. ok first thing, you boxed me because I posted a video when you clearly contradicted yourself. That is you being thin skinned. You said I was being thin skinned because Midnight posted what he did and I was far from crying, he knew exactly what he was doing. I have been boxed twice in the last month for implying a person who said he charged people more when working in their house was a plumber and for pointing out that you contradicted yourself and did nothing more than post a youtube short clip defining the pot calling the kettle black. YOU ARE THIN SKINNED. And yes I have reported many things on here, because Midnight calling Trump a POS every time is inflammatory language. Many of your buddies calling conservatives that post on here cult members is inflammatory. But you have allowed this forum to become a cesspool because you and all of them have TDS. You just live in a fairy tale world like the rest of them thinking you are fair and impartial. But you aren't. I'm done, I've had enough lunacy for today.

    You should be happy.

    People remember from the past when I called him PIG!

    I was asked nicely to stop & I did.

    Ask me nicely.

     

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    Quote Originally Posted by Jarrett75:

    Quote Originally Posted by wallstreetcappers: Thin skinned is not an insulting spin on your username as a means to put you down, thin skinned is a term for someone who can dish it but cannot take it. If you are insulted by that then my thesis is correct, you can dish it all day long but when someone reports facts you do not like you turn combative and cannot take it. You made a thread which was false, misleading, inaccurate, partisan and narrow minded. Another member added information to your partisan thread and you get testy about it. If you want context then GIVE CONTEXT, do not play sour grapes about his posting that on Trump's dime the markets have experienced some of the worst days in history and not include Covid when you make a thread which has ZERO context, ZERO accuracy and is partisan in addition to being flawed. The US markets were down because of a different event not connected to a political party or really even the US itself. Did you find out what that is yet? When you guys spin other members names as an insult and a put down that is breaking the rules, like what you did towards me. Calling you thin skinned is based on your posts, your threads, your replies, your reaction to other members responses it has ZERO to do with a spin in your name or attacking you in your real life. I dont know about your real life nor do I want to and vice versa so it cannot be that I am slandering you and your real life name or your real life job or your family or how tall or your weight or making a different name for you that is insulting. ok first thing, you boxed me because I posted a video when you clearly contradicted yourself. That is you being thin skinned. You said I was being thin skinned because Midnight posted what he did and I was far from crying, he knew exactly what he was doing. I have been boxed twice in the last month for implying a person who said he charged people more when working in their house was a plumber and for pointing out that you contradicted yourself and did nothing more than post a youtube short clip defining the pot calling the kettle black. YOU ARE THIN SKINNED. And yes I have reported many things on here, because Midnight calling Trump a POS every time is inflammatory language. Many of your buddies calling conservatives that post on here cult members is inflammatory. But you have allowed this forum to become a cesspool because you and all of them have TDS. You just live in a fairy tale world like the rest of them thinking you are fair and impartial. But you aren't. I'm done, I've had enough lunacy for today.

    You should be happy.

    People remember from the past when I called him PIG!

    I was asked nicely to stop & I did.

    Ask me nicely.

     

     
    cd329
    cd329
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    Posted: Aug. 5, 2024 - 9:02 PM ET #47

    Man wouldnt it be great if more people in right wing media stood up to trump and pushed back on his bullshit and lies.  When are trump supporters gonna wake up and realize trump does not give a shit about any of you.  He only cares about your votes and you having to like him.

    https://www.yahoo.com/finance/news/fox-news-host-neil-cavuto-001600320.html

    Cavuto punk slapped trump just like the punk trump is.  Am sure trump will be crying to fox news to fire cavuto now,lollll

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    Man wouldnt it be great if more people in right wing media stood up to trump and pushed back on his bullshit and lies.  When are trump supporters gonna wake up and realize trump does not give a shit about any of you.  He only cares about your votes and you having to like him.

    https://www.yahoo.com/finance/news/fox-news-host-neil-cavuto-001600320.html

    Cavuto punk slapped trump just like the punk trump is.  Am sure trump will be crying to fox news to fire cavuto now,lollll

     
    cd329
    cd329
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    Posted: Aug. 5, 2024 - 9:07 PM ET #48

    Quote Originally Posted by wallstreetcappers:

    So it wasnt China it wasnt Biden it wasnt Harris it wasnt the LIBERALS... What a shock

    dont forgot it might be hillarys fault or that damn hunter laptop that caused the drop.  Its a shame some dont realize the market goes up and the market goes down. Majority of population will never understand why that happens.

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    Quote Originally Posted by wallstreetcappers:

    So it wasnt China it wasnt Biden it wasnt Harris it wasnt the LIBERALS... What a shock

    dont forgot it might be hillarys fault or that damn hunter laptop that caused the drop.  Its a shame some dont realize the market goes up and the market goes down. Majority of population will never understand why that happens.

     
    wallstreetcappers
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    Posted: Aug. 5, 2024 - 9:13 PM ET #49

    @ABooksNightmare

     Beets and I were talking about this in GD yesterday afternoon, Uncle Handout does not like tech and while he is right at these levels he has been wrong for a while and missed out on lots of tech run. He is being smart thinking that these TRILLION dollar market caps are not long term reality but that isnt what caused the issue today, its Japan for sure and their central bank losing its grip.

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    @ABooksNightmare

     Beets and I were talking about this in GD yesterday afternoon, Uncle Handout does not like tech and while he is right at these levels he has been wrong for a while and missed out on lots of tech run. He is being smart thinking that these TRILLION dollar market caps are not long term reality but that isnt what caused the issue today, its Japan for sure and their central bank losing its grip.

     
     
    Zeus4par
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    Posted: Aug. 5, 2024 - 9:14 PM ET #50

    Quote Originally Posted by cd329:

    Man wouldnt it be great if more people in right wing media stood up to trump and pushed back on his bullshit and lies.  When are trump supporters gonna wake up and realize trump does not give a shit about any of you.  He only cares about your votes and you having to like him. https://www.yahoo.com/finance/news/fox-news-host-neil-cavuto-001600320.html Cavuto punk slapped trump just like the punk trump is.  Am sure trump will be crying to fox news to fire cavuto now,lollll

    an_cheers

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    Quote Originally Posted by cd329:

    Man wouldnt it be great if more people in right wing media stood up to trump and pushed back on his bullshit and lies.  When are trump supporters gonna wake up and realize trump does not give a shit about any of you.  He only cares about your votes and you having to like him. https://www.yahoo.com/finance/news/fox-news-host-neil-cavuto-001600320.html Cavuto punk slapped trump just like the punk trump is.  Am sure trump will be crying to fox news to fire cavuto now,lollll

    an_cheers

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