Broadly speaking the US economy is quite healthy and people were expecting a correction in the stock market for some time. Within tech, it will have some negative impact on the plans of some companies as it will be harder to get lofty valuations based on 'fluff'... during such times investors want to see hard facts and real results to back-up value--but that's a broader trend thats been slowly developing for some tim…
Stocks Off Sharply as Market Upheaval Grows
141–150 of 433 posts
Re: Stocks Off Sharply as Market Upheaval Grows
#142Earlier quoted context omitted.
Because it's ignorant. There are cool down systems in place if the stock market swings too wildly in a short period of time.
And downvoting instead of pointing out that there are cool down systems does nothing to reduce the ignorance. If you've really got a problem with ignorance, do the grown-up thing and attack the ignorance rather than the person.
A wildly ignorant comment (that could be remedied by a simple reading of the comments on this story) probably deserves downvotes as it doesn't add to the discussion at hand at all.
That said, this whole comment section probably deserves a big downvote as it is largely not very good from top to bottom.
Re: Stocks Off Sharply as Market Upheaval Grows
#143Broadly speaking the US economy is quite healthy and people were expecting a correction in the stock market for some time. Within tech, it will have some negative impact on the plans of some companies as it will be harder to get lofty valuations based on 'fluff'... during such times investors want to see hard facts and real results to back-up value--but that's a broader trend thats been slowly developing for some tim…
Regardless of your ideological background, you cannot possibly assert the U.S economy is healthy. 0% interest rate for several years is not healthy. QE is not healthy. 100+ % debt:GDP ration is not healthy. Inflating assets is not healthy. A vanishing middle-class is not healthy.
Re: Stocks Off Sharply as Market Upheaval Grows
#144Re: Stocks Off Sharply as Market Upheaval Grows
#145Earlier quoted context omitted.
"In the US, for starters, there's a huge bubble in stocks" The median PE ratio of S&P 500 stocks at the moment is $14. That's certainly not "bubble" territory. The current market correction is surprising nobody, but I don't think many people consider this a bubble (at least for the US markets). Now there are certainly subsectors within the US that could be in bubble territory and could get hit really hard... unrealis…
I assume you meant 14, not $14. Anyway, it is false. S&P 500 P/E ratio was (until last week) around 19. The more accurate Shiller P/E was closer to 27. Way above the historical median. http://www.bloomberg.com/news/articles/2015-06-26/the-s-p-50...
Re: Stocks Off Sharply as Market Upheaval Grows
#146Broadly speaking the US economy is quite healthy and people were expecting a correction in the stock market for some time. Within tech, it will have some negative impact on the plans of some companies as it will be harder to get lofty valuations based on 'fluff'... during such times investors want to see hard facts and real results to back-up value--but that's a broader trend thats been slowly developing for some tim…
Regardless of your ideological background, you cannot possibly assert the U.S economy is healthy. 0% interest rate for several years is not healthy. QE is not healthy. 100+ % debt:GDP ration is not healthy. Inflating assets is not healthy. A vanishing middle-class is not healthy.
Re: Stocks Off Sharply as Market Upheaval Grows
#147Earlier quoted context omitted.
Regardless of your ideological background, you cannot possibly assert the U.S economy is healthy. 0% interest rate for several years is not healthy. QE is not healthy. 100+ % debt:GDP ration is not healthy. Inflating assets is not healthy. A vanishing middle-class is not healthy.
I keep trying to tell people, but they've drank the koolaid from the mainstream media, unfortunately... the facts as you have listed them are there for anyone to think about, but the rabid "EVERYTHING IS FINE, SHUT UP AND BUY MORE" crowd won't have the thought of weak fundamentals in their head. Many of the problems are "easy" to fix with government action, but the consequences of the easy fixes are problematic.
> the rabid ... crowd won't have the thought of weak fundamentals
If you've been telling people using the same level of rhetoric and the same amount of facts as in this comment, I wouldn't be surprised if they don't listen to you, regardless of whether you're actually right or not.
Re: Stocks Off Sharply as Market Upheaval Grows
#148Broadly speaking the US economy is quite healthy and people were expecting a correction in the stock market for some time. Within tech, it will have some negative impact on the plans of some companies as it will be harder to get lofty valuations based on 'fluff'... during such times investors want to see hard facts and real results to back-up value--but that's a broader trend thats been slowly developing for some tim…
> people were expecting a correction in the stock market for some time "People" are expecting a correction 100% of the time, so the forecast is pretty much useless. If it was truly anticipated, it wouldn't happen. Action, like that which occurred at opening this morning, is sheer panic.
Re: Stocks Off Sharply as Market Upheaval Grows
#149Broadly speaking the US economy is quite healthy and people were expecting a correction in the stock market for some time. Within tech, it will have some negative impact on the plans of some companies as it will be harder to get lofty valuations based on 'fluff'... during such times investors want to see hard facts and real results to back-up value--but that's a broader trend thats been slowly developing for some tim…
> people were expecting a correction in the stock market for some time "People" are expecting a correction 100% of the time, so the forecast is pretty much useless. If it was truly anticipated, it wouldn't happen. Action, like that which occurred at opening this morning, is sheer panic.
Thoughts on who's doing all this downward trading?
Re: Stocks Off Sharply as Market Upheaval Grows
#150Earlier quoted context omitted.
Because it's ignorant. There are cool down systems in place if the stock market swings too wildly in a short period of time.
And downvoting instead of pointing out that there are cool down systems does nothing to reduce the ignorance. If you've really got a problem with ignorance, do the grown-up thing and attack the ignorance rather than the person.
It reduces the ignorance in those who read the comments and draw conclusions from what is upvoted and what is downvoted (even though most people won't admit that they do it even to themselves).