it's the economy

[Ann]

Japan raises rates one bip, the weird Yen US dollar thing blows up, and the market is down. 

Hubby woke me up, "Got anything you want to buy?"

My problem is I buy "safe," and that is what others are purchasing at the moment. 

[Nouseforaname]

 

[Nouseforaname]

Just now, Ann said:

Japan raises rates one bip, the weird Yen US dollar thing blows up, and the market is down. 

Hubby woke me up, "Got anything you want to buy?"

My problem is I buy "safe," and that is what others are purchasing at the moment. 

If I had any cash probably some s&p. 

[Ann]

1 minute ago, Nouseforaname said:

 

As to her #1... he's got $277B in cash right now as he's been liquidating for a while.  

#7... 

[Nouseforaname]

7 minutes ago, Ann said:

As to her #1... he's got $277B in cash right now as he's been liquidating for a while.  

#7... 

 

Buffet has an army of analysts, one would expect that he would be trying to time the market and find value or else he’s just an old man holding on to a retirement portfolio.

 

His holdings of apple were huge so I’m not surprised that he is selling off to reduce specific risk and jump back in the market when the crazy has worn off.  

[IDBillzFan]

 

[IDBillzFan]

Feature or bug? 

 

 

[Deranged Rhino]

 

[bdutton]

3 minutes ago, IDBillzFan said:

Feature or bug? 

 

 

Fidelity experienced the second largest market open volume in it's history this morning.

[Deranged Rhino]

 

[Nouseforaname]

3 minutes ago, Deranged Rhino said:

 

The market crashes under every president and grows under every president.  The stock market is not the economy. 
 

… and I’m aware you know this, it’s just frustrating.

[bdutton]

 

[Nouseforaname]

 

[bdutton]

 

[Nouseforaname]

In other news the Toronto stock exchange is down 2.5% today.  Why? Because the s&p is down.  Canada sucks so bad that we just follow the Americans. 

[Deranged Rhino]

 

[Deranged Rhino]

[Deranged Rhino]

21 minutes ago, Nouseforaname said:

 

 

X today: 

[Deranged Rhino]

 

[Crap Throwing Clavin]

"Black Monday" is trending on Twitter.

 

Market's up 100 points from the open.  

 

Just in case you were wondering if people are stupid.