WHY THE FUCK DO YOU STILL HAVE INVESTMENTS? WE ARE IN THE START OF THE SECOND GREAT DEPRESSION
WHAT GOT US OUT OF THE DEPRESSION? WW2
BUY AMMO, FOOD, WATER, GASOLINE
WE WILL NOT RECOVER FROM THIS
IT BEGINS TOMORROW
I WARNED YOU
I always find it amazing how banks with thousands of employees aren't able to predict recessions and lose billions in the process, yet autistic NEETs always claim they can.
Put your money where your mouth is, and short $SPY and $SPXL if you think the market will go down.
I always wondered why /biz/ is so against /pol/ but I understand now.
Pic related, it's /biz/
> WHY THE FUCK DO YOU STILL HAVE INVESTMENTS?
Stay poor /pol/. It's entirely possible to make money during serious stock declines or even crashes. Also you won't need to stock up on canned goods and water due to falling stock prices. Honestly I fucking hate you happening retards, you ruin what is otherwise an interesting economic event with your shemitah bullshit.
Do those particular guys predict all events with accuracy or are they just doomsayers who literally "predict" nothing but crashes every day and they're bound to get it right sometimes?
Senor Merchant plz no. My father is an architect and went from making a fortune to being jobless starting from 2008.
Another crisis and we'll end up living under a bridge (not to count that his pension will be shit)...
>get a job you fucking neet
I'm still finishing university. Part time job won't do shit when you're already in debts.
OH SHIT, WE'RE ALL GOING DOWN IN A BLAZE OF GLORY!
You know what would be a good similar graph like this? A graph that's a strict timeline of the last 50 or so years that points out each time one of those right wingding doomsayers says that the world is going to end. To see "The bible predicts that the world will end on january 15 1964" will look so fearful and compelling on the same graph as "Nostrodomus predicts world will end on october 16th 2014".
It's not that everybody is wrong; it is that nobody (as somebody pointed out earlier, even scores of investment bank pros and hedge fund managers making millions per year) can properly predict market downturns!
Congress will get very butthurt, but ultimately the Treasury will pay them, $1.2 Trillion isn't much when the Social Security Administration will pick up all the slack.
But dumping T-bonds is not something China will do, assuming they're sane. The US isn't harmed, but it will straight up make Congress do something stupid like end free trade with China, especially as the situation in the South China Sea heats up. No trade with the world's largest economy means that China enters a permanent depression. Which means that whatever cash the PRC is able to get, they'll burn through and then be left with nothing while being surrounded by a very angry US military (and other south pacific countries).
This is a problem, because we're already in the middle of a trade war but with oil. Should protectionism make a resurgence, it's a death spiral for the world economy as countries lock their economies down.
BUT, all this assumes the chinks are that stupid. I don't think they are.
i just started buying more, ill buyy every 5-10% dip. prolly next week more
Fair points... But I wasn't implying that China dump the T Bonds(as doing so would shock the value of their holdings because the market can't absorb that much in a short period of time).
I'm implying a gradual sell off, which would also increase the rates here in the US as price drops. Compounded by the effect that they're no longer provide the US with cheap money
Sure. But even that would probably annoy Congress enough into action. That paired with some stupid squabble in the SCS means sanctions especially if we get an aggressively nationalist/teafag government in a year.
Can this shit full on crash already? I'm waiting here with my money, itching to buy the fuck out of everything.
I don't short or work with leverage. I'm trying to invest here nigga, not go bankrupt.
They believe the market is fucked and predict it will crash soon.
But while the market IS fucked, its being propped up by billions in central bank injections. All those faggots just underestimated the central banks ability and shalmelesness.
Picrelated only shows data until 2015, in 2015 QE ended, and as result the stock market has not grown at all in 2015.
That's the point. I'm not arrogant enough to assume that I KNOW it will drop and when it will bottom. I know that I can make some solid gains buying low, I'll leave the speculating to retards thinking they can outsmart the market.
It was actually closer to 40%, sent unemployment sky high, created Hoovervilles, took a World War (and its not only massive spending but a large drop in population as well) and it STILL took over a decade to recover.
Your 15% gain over 10 years doesnt mean much when you became homeless 8 years ago
If you would have shorted the S&P for the last 3 days, for just the first hour the markets were open, you would be up right around 10%
Ill help you out. Short the S&P tomorrow morning for 2 hours. Stay out on Monday
they became homeless because they sold their stocks as the price dropped and didn't have reserves of cash set aside, i.e. they were fully invested in volatile stocks without a diverse portfolio.
If you are diversified with reserves of cash no amount of stock market tremors will affect you. All this crying about the end happening is what happens when you dump all your cash into quick schemes or listening to biz spout nonsense like 100 or 1000% gain strategies.
altucher has pretty good grasp. was a succesfull hedge fund manager for a long time
OMG shut up. I'm already back up today. Holy fuck you doomsayers are annoying.
First, nothing is gonna happen. There is no evidence backing an actual crash. Second, this is good. The United States currency is a "comfort currency" meaning when foreign investors get scared that there currency is going to drop, they invest in a stable currency like the US dollar. With an influx of chinese citizens investing in the US dollar, the value of our dollar will raise. This means we can sell US dollars for more money. This is a profit margin that will last until the fed increases the amount of US money in circulation.
I read his book a while back, but alot of his blog posts tend to be a repeat of what I read about starting your own business. It works in theory, but boots-on-the-ground in my industry teaches us that going your own way can sometimes be disastrous.
It's funny that this is actually a very real possibility. Think of this scenario:
>Russia keeps diving even deeper into recession due to low oil prices and sanctions (already happening)
>the people there are revanchist and radicalized (the fall of the Soviet Union, combined with the recent nationalist fervor led to this)
>Russian state budget runs out due to low oil prices and its involvement in Syria and Ukraine, as well as its annexation of Crimea (they're losing massively as they basically have to rebuild all the infrastructure, plus, they have to pay higher pensions and such than the Ukrainian ones)
>current huge economic bubble bursts (and it will, the industry P/E ratios are enormous)
>the situation in Russia gets very bad
>nationalist upheaval as the government loses the ability to enforce order with its iron fist; Putin either gets assassinated or Russia plunges in a big insurgency (the second one being more likely)
>radicals come to power, nationalize strategic and high-profit sectors of the economy
>use this to create jobs, and build up an even stronger military might (basically, the Nazi economic policy)
>gradually invade Ukraine under the pretext of defending ethnic Russians
>other old Soviet republics are then invaded
>alliance is made with North Korea, China, Vietnam
>Japan is taken over by the Chinese, North Korean, and some Russian forces
>no one dares to do shit because nukes
It's up to you to guess what happens next. History often repeats itself. All the conditions which preceded WW2 are met, with Russia being in Germany's place.
>I don't short or work with leverage
You do realize there are inverse funds like SDS and YANG that moves the opposit of the market right? You can get theses without actually shorting or using leverage.
Hey /biz/ question here,
I set a limit for $UVXY at $32.00 the other day and it didn't go though because it jumped to like 35 in first minute.
Should I cancel the order and put in a market order for $UVXY, or do you think that the ride is over?
However the crash is a certainty, matter of when.. And when it is, it might very well be this year or the next, certainly within 5 years.
Personally, I'd gamble on this year or perhaps around christmas.
Easy to say.
Sorry for having attached 2 graphs and they're also in low quality, but the unique thing you need to notice is the trend of the graphs.
The first graph goes up to 2012.
The second one goes from 12/2013 to 09/2015.
Both graphs refer to house prices in the country where I live [europe].
And desu the price drops in the city where I live are way deeper.
Nobody wants to build anything anymore, let alone big buildings (which is where you make the real money). It's simply not profitable. Salaries and material costs are the same as before, but the selling price is low and even if this price is low it's also hard to find buyers.
Roads market still goes quite well but it's really hard to get the assignment to project a road (motorways, bridges, etc).