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Global growth worries - stock market crash possible?

Discussion in 'BlackHat Lounge' started by Savvy, Oct 8, 2014.

  1. Savvy

    Savvy Newbie

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    So, some people started panicking over IMF report and... stock market doesn't love October as we know.

    s&p, nasdaq, dow all down over 1% since report.

    In Australia, over $20B has been wiped off the market at the open! Some stocks are climbing back, but it doesn't look good.

    Do you think crash is coming?

    Discuss.
     
    Last edited: Oct 8, 2014
  2. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Premium Member

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  3. GreyKnight

    GreyKnight Regular Member

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    Small crash? Probably. A big one? I think not.
    This is also happening in Europe, because of bad numbers on German manufacturing index.
    On the other hand, USD are predicted to rise as The Fed will increase the rate again, these will create more furor in Asian countries than in US.

    I think Ebola scare and Ukraine/ISIS crisis is also contributing to the downward trend of the market these days.
     
  4. JoeMongan

    JoeMongan Jr. VIP Jr. VIP Premium Member

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  5. Techxan

    Techxan Elite Member

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    Crash? no. Adjustment? always.
     
  6. Savvy

    Savvy Newbie

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    Market is volatile again. Economic fears are growing.
     
  7. Savvy

    Savvy Newbie

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    Jeez. Now it's oil price collapse right.. Ha. Shares market is volatile yet again. AUD and CDN plumbed depths not seen in what 5 maybe 6 years.
     
  8. Savvy

    Savvy Newbie

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    lool.. another $20b loss day.

    Also: 10 year US treasury bond yield fell by 1.9%. The largest fall since 2009.

    shit looks bad. investors are thinking it's 2008 all over again. Fear is back.. enjoy.
     
  9. Katalyst45

    Katalyst45 Newbie

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    Grandparents got hit hard. Gas prices are lower which makes me happy. Personally, I think the next thing that will hit a bubble and collapse is higher education. Look at these student loans they are getting out of control, with their original intention to just be ways to help "aid" students to make ends meet. Now it's a big money maker, and they have interest rates at 7% plus, I mean come on that's edging close to credit cards.
     
  10. Savvy

    Savvy Newbie

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    £46bn has been wiped off uk shares last night.
     
  11. fredfred547

    fredfred547 Power Member

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    It rises and falls with time. I own tons of stocks, some that do well when the market crashes and others that do well when the market is stable. I still make money from almost all of them. If an economic collapse is coming, there will be more important things to worry about other than paper money.