• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Not yer usual DOOM thread...

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Not yer usual DOOM thread...

    Global Armageddon for investors after near £4.8 trillion wiped off world stocks in markets bloodbath

    Investors have suffered a year of *Armageddon in a global assets slump that has left no corner of the market untouched.

    Just under $6 trillion (£4.8 trillion) has been wiped off the value of world stocks in a *markets bloodbath that threatens to end the longest ever bull run. The rout has knocked 13pc off the FTSE 100 in 2018, the index’s worst yearly drop since the financial crisis.

    A record 93pc of a wide-ranging *basket of assets – including stocks, bonds, commodities and credit – have lost value in dollar terms during a nightmare year for investors, Deutsche Bank analysts have revealed.

    Reports have suggested that President Donald Trump is considering sacking US Federal Reserve chairman Jerome...

    Global Armageddon for investors after near GBP4.8 trillion wiped off world stocks in markets bloodbath

    Not even AMD shares holding up!

    #2
    Gosh, the first thing I thought when they announced the nth round of QE was this should unwind seamlessly. The unofficial Fed minutes that month were hold my beer and watch this.

    Still, it’s not like they invested it all in tulipcoins and Jackson Pollocks, so they’ve got some firepower in reserve.

    Comment


      #3
      Pah 13%, that's nothing. Wait until 50%.
      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

      Comment


        #4
        Profit taking after the trump bounce.

        Comment


          #5
          Well worth a read


          The lost decade - BBC News

          This was “quantitative easing” - the Bank creating billions of pounds worth of “new money” (not literally printing it - this was done digitally)
          And they say Bitcoin is a fraud.
          "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

          Comment


            #6
            Originally posted by scooterscot View Post
            Well worth a read


            The lost decade - BBC News


            And they say Bitcoin is a fraud.
            Worth a read

            A Monetary History of the United States - Wikipedia

            It got a Friedman a Nobel prize.

            Comment


              #7
              Dow was 17,900 when trump won the election, it's 22,500 now.

              That's a 25% return in 2 years.

              Comment


                #8
                Originally posted by AtW View Post
                Global Armageddon for investors after near £4.8 trillion wiped off world stocks in markets bloodbath

                Investors have suffered a year of *Armageddon in a global assets slump that has left no corner of the market untouched.

                Just under $6 trillion (£4.8 trillion) has been wiped off the value of world stocks in a *markets bloodbath that threatens to end the longest ever bull run. The rout has knocked 13pc off the FTSE 100 in 2018, the index’s worst yearly drop since the financial crisis.

                A record 93pc of a wide-ranging *basket of assets – including stocks, bonds, commodities and credit – have lost value in dollar terms during a nightmare year for investors, Deutsche Bank analysts have revealed.

                Reports have suggested that President Donald Trump is considering sacking US Federal Reserve chairman Jerome...

                Global Armageddon for investors after near GBP4.8 trillion wiped off world stocks in markets bloodbath

                Not even AMD shares holding up!
                In positive news, their value has soared in BTC terms.

                Comment


                  #9
                  Originally posted by minestrone View Post
                  Dow was 17,900 when trump won the election, it's 22,500 now.

                  That's a 25% return in 2 years.
                  25% in 2 years, you say....?

                  Originally posted by scooterscot View Post
                  Originally posted by MarillionFan View Post
                  How’s that Bitcoin thing going Scooter?
                  Not bad, up 25% in the last 7 days.

                  Comment


                    #10
                    Originally posted by minestrone View Post
                    Dow was 17,900 when trump won the election, it's 22,500 now.

                    That's a 25% return in 2 years.
                    17,900? Is that right?

                    Comment

                    Working...
                    X