Global economy woes spark share falls

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Jan 27, 2013
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#1
Global economy woes spark share falls - BBC News

Shares and oil prices around the world have seen further falls, sparked by renewed fears over the health of the global economy.

In China, the authorities intervened again on the stock market to little effect. Shares in Shanghai fell 3.4%.
And expectations of a US interest rate rise dimmed after the Federal Reserve said the economy was not ready yet.
On Wall Street, the Dow Jones index opened 1% lower, while markets in Paris and Frankfurt fell more than 2%.
London's benchmark FTSE 100 index shed 0.56%, while the price of Brent crudeoil was down 0.4% at $46.97 a barrel, although US crude recovered from earlier falls to stand 0.6% higher at $41.35
 
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Viligant_Warrior

Guest
#2
I see the Dow Industrials were down more than 290 points earlier, and at 2:41 p.m CDT is down -286 with 19 minutes left in trading. If this keeps up tomorrow, it will go below 17K. The Shanghai Composite fell 3.4% today, closing down -129. Europe was universally down as well.

The Chinese economy is on the verge of collapse. This doesn't bode well at all, for anyone.
 

notuptome

Senior Member
May 17, 2013
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#3
It's Bush's fault.

For the cause of Christ
Roger
 
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Viligant_Warrior

Guest
#7
I see the Dow Industrials were down more than 290 points earlier, and at 2:41 p.m CDT is down -286 with 19 minutes left in trading. If this keeps up tomorrow, it will go below 17K. The Shanghai Composite fell 3.4% today, closing down -129. Europe was universally down as well.

The Chinese economy is on the verge of collapse. This doesn't bode well at all, for anyone.
Didn't have to wait for it to "Keep up tomorrow" -- it closed down 358 points today, at 16,990.69.

Thirty days ago, it was just under 18K. Ninety day ago, it was at 18,400.
That's a seven-and-a-half percent loss since the end of May.

Better keep an eye on your portfolio tomorrow. You might want to consider a move into gold, silver, and bonds by midday.
 
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Jan 27, 2013
4,769
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#8
Didn't have to wait for it to "Keep up tomorrow" -- it closed down 358 points today, at 16,990.69. Better keep an eye on your portfolio tomorrow. You might want to consider a move into gold, silver, and bonds by midday.
i know ware a train is. lol

not to mention the bankers, make money either way, and could not care less, if there is an other crash.
we have just saw, who will pay, if there is an other crash, the tax payers etc.
 
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Viligant_Warrior

Guest
#9
Wowser!

Where's the Dow today?

Dow Jones Industrial Average 2 Minute
Dow Jones Indices: .DJI - Aug 21 12:56 PM ET
16,659.09 -331.60 (1.83%)
Guess we're gonna find out where the bottom is, huh?
 
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Viligant_Warrior

Guest
#12
Hey, we picked up a little... down 1.71%
Uh oh 1.88% within the 5 min CC allowance.
Yesterday the Dow fell 100 points in the last 20 minutes. If we get anywhere to the 16,480 correction threshold today, there will be an all-out panic sell-off.
 

PennEd

Senior Member
Apr 22, 2013
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#14
In the summer of 2008 oil was going up daily and reached around $120 a barrel, gas was over $4.00 a gallon and stocks were rising. It was 7 yrs since 9/11. The national debt clock hasn't moved in many months, being stuck on about $18.5 TRILLION. China is clearly imploding economically. Oil is BELOW $40 a Barrel today, gas under $2.50. While one commodity is rising. Gold is up $30 over the past day.
I don't know if there is anything to this 7 yr. warning judgement, 4th blood moon, shemitah, Harbinger stuff, but 1 thing is becoming clearer as the pope makes plans to come to the city of brotherly love, SOMETHING is afoot THIS September.
 
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Viligant_Warrior

Guest
#15
I read the Google disclaimer on "Where is the Dow Today"..."if any one jumps out the window due to..." :p
Yeah. Watching it fall 75 points in the last 12 minutes could otherwise make them responsible for a lot of irresponsible acts. But suing them would be shooting the messenger, right?
 

crossnote

Senior Member
Nov 24, 2012
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#16
Yeah. Watching it fall 75 points in the last 12 minutes could otherwise make them responsible for a lot of irresponsible acts. But suing them would be shooting the messenger, right?
-3.12% eeeks!
 

Billyd

Senior Member
May 8, 2014
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#18
Don't worry, it'll open up Monday. The weekend news shows should be interesting though.