Not yer usual DOOM thread... Not yer usual DOOM thread...
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  1. #1

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    Default 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. #2

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    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.

  3. #3

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    Pah 13%, that's nothing. Wait until 50%.
    “We've always defined ourselves by the ability to overcome the impossible. And we count these moments. These moments when we dare to aim higher, to break barriers, to reach for the stars, to make the unknown known. We count these moments as our proudest achievements. But we lost all that. Or perhaps we've just forgotten that we are still pioneers. And we've barely begun. And that our greatest accomplishments cannot be behind us, because our destiny lies above us.”

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    Profit taking after the trump bounce.

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    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.
    “We've always defined ourselves by the ability to overcome the impossible. And we count these moments. These moments when we dare to aim higher, to break barriers, to reach for the stars, to make the unknown known. We count these moments as our proudest achievements. But we lost all that. Or perhaps we've just forgotten that we are still pioneers. And we've barely begun. And that our greatest accomplishments cannot be behind us, because our destiny lies above us.”

  6. #6

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    Quote 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.

  7. #7

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

    That's a 25% return in 2 years.

  8. #8

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    Quote 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.
    Quote Originally Posted by Bean
    I admit that I'm a lazy lying cretin, but so what?
    25 June 2018

  9. #9

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    Quote 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....?

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

  10. #10

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    Quote 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?
    Quote Originally Posted by Bean
    I admit that I'm a lazy lying cretin, but so what?
    25 June 2018

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