#106
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So how about that stock market?
Good time to pull funds out? |
#107
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It might go up some more tomorrow. (or it might go down)
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#108
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Less SRAM in the pro peloton is better for the market.
You read it here first. |
#109
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fuzzalow wrote: "State run capitalism like practiced by the Central Committee of The People's Republic of China is pretty imposing. And their adaptations aren't done yet so if they figure out how to unleash creativity effectively to function inside the cauldron of state run capitalism, that will be formidable. Of course I am cheering for creativity (and all of its associated adjuncts such as free speech & expression) as a necessary and vital aspect of Chinese society to eventual be the irrepressible force that fosters democracy to the PRC and diminishes or supplants the function of their central government. One can hope."
Instinct suggests hope is futile. China's government has piled up malinvestment and corruption on the back of a temporary surplus of cheap labor under the constant fear of unrest if the "story" does not live up to expectations. Yes, lots of people getting rich has sparked huge GDP gains, to my earlier point, much of it unfettered by regulations we would view as necessary. To steer this ship to quiet waters is an experiment greater than any ever attempted on earth, and it would have to be accomplished by a sequence of politicians coordinating their actions across a giant population regardless of outside forces. The paranoia of politicians about their ability to achieve this is already evident in their stock market machinations. When belief in the government is broken, look out. |
#110
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It will be interesting to see how long this takes. (We don't know for sure that it will happen, but the chances are not teeny.)
I think it comes down to how hard the Communist Party will try to hang on to power. |
#111
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A word of caution on dividend stocks, in anticipation of rising rates, which we could very well be facing in the coming years, dividend stocks such as utilities are generally not a good investment. That is, unless the corporation is growing earnings. A capital loss could wipe out your return from a dividend.
Last edited by Steelman; 07-15-2015 at 03:10 AM. |
#112
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From my experience, financial markets are interesting just before they get scary.
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#113
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I thought for sure that this thread would have been resurrected this week.
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#114
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Getting bad as of late. My IRA has lost thousands. Should I get me old job back?
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#115
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With a shaky Chinese market and the Fed that is forecasting a softer global growth outlook, the US stock market will indeed correct a little bit.
If it hits a 10% drop I'll start looking to buy. |
#116
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it started tanking the moment that hydraulic parts group was leaked.
.....no pun intended..... |
#117
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^ I posted this on the 14th of july. Probably best to pull out whatever's left as to minimize/eliminate any further losses.
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#118
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+1.
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#119
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10% drop relative to when?
And why 10%? Why not 12% or 15%? Or 50%. |
#120
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He still has 10 speed.
Those with 11 are waiting for an 11% correction. Those with single speeds have already lost. |
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