I've been in the market as an 'investor' since 1977, so 'I've been there, seen everything' concerning the stock market. While some in the market mke money on short calls and puts, I am a Warren Buffet type who buys and holds for the long term. This is a temporary market correction- period! The market will bounce back in time, months or a few years at most, but it is inevitable not only from a market perspective, but from the pragmetic point that China is the manufacturing engine of the world and it currently has no immediate or projected manufacturing dynamo replacement- period! China is like a race car that has been goinf non-stop since the 1990s and like all race cars, it requires a temporary tune up and parts replacement- no big worry. We may be entering a slight bear market or just a market correction, tyet the US consuming economy is sound and we are China's largest trading partner. Chnia will not be melting down, merely readjsuting its cowboy stock market and curency issues. It is hard to believe that the traders on Wall Street have the nevers of a frightened mouse and not the constiitution of the steady and stalwart lion.
It was all 'funny money', a artificial value that the market proceed up and down drags down. The stock will go up and Apple will be introducing new products in the next few years. Also, China is not going to suddenlt disappear and stop making most of the goods that the world uses. Let's get real Wall Street- I hate to go to war with any of these yellow-belly traders, they would be the first to turn tail and run on hearing enemy fire! What a bunch of weenies, no wonder a lot of war veternas laught at these white collar fools and the things of their concern- try going to war and then tel me how seriously you think this temporary downturn is.
No the 'entire system' is not going to collapse! Use your words with greater care please. We MAY be entering a correction or a short bear market, however, none of the leading economic ondicators is in serious financial danger to include housing, transportation, manufactiuring or finance. Oil is a concern, however, please remember that given the past chart of oil for the past 20 years, it is $50 and above oil that has been an anomaly and not the recent past price of $60, $70 or $100 a barrel oil. Greece is concern, yet it is a small country concerning its GDPto the EUC, however, the potentail loss of Greece out of the EUC is more of a political issue than it is economic. In all reality there should have been engineered a system or procedure for both the temporary or permanent exit of a gven country from the EUC, however, this option was again never given any serious consideration or conteplatation.
You are correct that the QE by the Fed was to rapidly and enormously inject money into the US economic system to stimulate the economy and it has worked to a good extent, however, I do not agree that it was done with great finess or flexibility and that there remains a fault in the Big Banks and Big Brokerage Houses in having an undue influence on the overall economy. Let us remember that the Fed also tried to inject money into the US economy during the 1930s Great Depression and with very mixed results- it was actually WWII that led the US out of the Great Depression and the fact that the USA alone emereged as the one great economic SuperPower post WWII with 78% of all world GDP in the 1940s and 1950s/
...the QE by the Fed was to rapidly and enormously inject money into the US economic system to stimulate the economy and it has worked to a good extent...
It’s nothing to do with Apple. The entire system is going to collapse. Keep that in mind.
Pretty much true. The economy is only "afloat" because it is propped up by huge injections by the Fed into the banking sector and banks have mostly used that "free money" to buy property and expand their unneeded services. I'm not completely surprised that nearly no media covers this economically destructive cycle of stupidity.
Another one of our resident doomsayers, who'se been consistently wrong on this front for longer longer than I care to recall.
Just quit it with your useless, silly, pointless, stream-of-consciousness economic forecasts, guys. Or, put your money where your mouth is, buy a log cabin in the Montana woods, and stay there.
Apple might sell a lot of stuff in China but, in general, the US is a net importer from China isn't it? All those products in Walmart?
So I don't think a recession in China need cause a big worry for the US. It will cause a worry for Canada and Australia and other countries that sell a lot of iron, gold and other resources to China. I was watching a documentary yesterday about the Bordeaux region in France that sells nearly all their wine to China now. Wouldn't want to be them. Also New Zealand sells a lot of dairy products to China, high quality milk, meat and cheese. They might be in for a recession.
It’s nothing to do with Apple. The entire system is going to collapse. Keep that in mind.
How does it feel to be delusional? The entire system? They will shut down the market far earlier than that. They have ranges upon which the market will go into a free fall. This isn't 1928 and Rockefeller, Vanderbilt, Rothschild and Morgan colluding together to crash the globe and buy it back pennies on the dollar.
We've been in the third longest run in stock market history. The only two longer ones were the dot com bubble and just before the crash of 1929. This was bound to happen, and I suspect we haven't seen the end of this yet.
What is worst this recent run up of the stock market was built on a shaky foundation. Further there are other more troublesome economies out there. It isnt simply china it is a worldwide condition.
The funny thing us that i pointed this out a couple of weeks ago and all i got was negative comments. There is a very very real possibility of a world wide depression within a year.
Comments
ALL:
I've been in the market as an 'investor' since 1977, so 'I've been there, seen everything' concerning the stock market. While some in the market mke money on short calls and puts, I am a Warren Buffet type who buys and holds for the long term. This is a temporary market correction- period! The market will bounce back in time, months or a few years at most, but it is inevitable not only from a market perspective, but from the pragmetic point that China is the manufacturing engine of the world and it currently has no immediate or projected manufacturing dynamo replacement- period! China is like a race car that has been goinf non-stop since the 1990s and like all race cars, it requires a temporary tune up and parts replacement- no big worry. We may be entering a slight bear market or just a market correction, tyet the US consuming economy is sound and we are China's largest trading partner. Chnia will not be melting down, merely readjsuting its cowboy stock market and curency issues. It is hard to believe that the traders on Wall Street have the nevers of a frightened mouse and not the constiitution of the steady and stalwart lion.
True, from what I have seen, all stocks are in 'bear' territory, including Google.
It was all 'funny money', a artificial value that the market proceed up and down drags down. The stock will go up and Apple will be introducing new products in the next few years. Also, China is not going to suddenlt disappear and stop making most of the goods that the world uses. Let's get real Wall Street- I hate to go to war with any of these yellow-belly traders, they would be the first to turn tail and run on hearing enemy fire! What a bunch of weenies, no wonder a lot of war veternas laught at these white collar fools and the things of their concern- try going to war and then tel me how seriously you think this temporary downturn is.
No the 'entire system' is not going to collapse! Use your words with greater care please. We MAY be entering a correction or a short bear market, however, none of the leading economic ondicators is in serious financial danger to include housing, transportation, manufactiuring or finance. Oil is a concern, however, please remember that given the past chart of oil for the past 20 years, it is $50 and above oil that has been an anomaly and not the recent past price of $60, $70 or $100 a barrel oil. Greece is concern, yet it is a small country concerning its GDPto the EUC, however, the potentail loss of Greece out of the EUC is more of a political issue than it is economic. In all reality there should have been engineered a system or procedure for both the temporary or permanent exit of a gven country from the EUC, however, this option was again never given any serious consideration or conteplatation.
It’s nothing to do with Apple. The entire system is going to collapse. Keep that in mind.
What system? Public trading of companies?
You are correct that the QE by the Fed was to rapidly and enormously inject money into the US economic system to stimulate the economy and it has worked to a good extent, however, I do not agree that it was done with great finess or flexibility and that there remains a fault in the Big Banks and Big Brokerage Houses in having an undue influence on the overall economy. Let us remember that the Fed also tried to inject money into the US economy during the 1930s Great Depression and with very mixed results- it was actually WWII that led the US out of the Great Depression and the fact that the USA alone emereged as the one great economic SuperPower post WWII with 78% of all world GDP in the 1940s and 1950s/
WORKED?!
Hopefully the entire financial system itself.
Hopefully the entire financial system itself.
You just have a bad attitude
Hopefully the entire financial system itself.
If that happens my bitcoins will be worth more than the Apple stock I lose, not a problem. 8-)
Oh, stop. You've been on this forever.
You're confusing your hope with your expectation.
Another one of our resident doomsayers, who'se been consistently wrong on this front for longer longer than I care to recall.
Just quit it with your useless, silly, pointless, stream-of-consciousness economic forecasts, guys. Or, put your money where your mouth is, buy a log cabin in the Montana woods, and stay there.
He has no money.
WORKED?!
Hopefully the entire financial system itself.
A person with no money.
Apple might sell a lot of stuff in China but, in general, the US is a net importer from China isn't it? All those products in Walmart?
So I don't think a recession in China need cause a big worry for the US. It will cause a worry for Canada and Australia and other countries that sell a lot of iron, gold and other resources to China. I was watching a documentary yesterday about the Bordeaux region in France that sells nearly all their wine to China now. Wouldn't want to be them. Also New Zealand sells a lot of dairy products to China, high quality milk, meat and cheese. They might be in for a recession.
People who worry like this on a daily basis shouldn't be investors in the stock market. They are in it for the "highs" and never think anything else.
Right because no one else bet big on China and everyone thought it was dumb of Apple to bet big on China.
How does it feel to be delusional? The entire system? They will shut down the market far earlier than that. They have ranges upon which the market will go into a free fall. This isn't 1928 and Rockefeller, Vanderbilt, Rothschild and Morgan colluding together to crash the globe and buy it back pennies on the dollar.
Apple still has billions of actual money which means they can ride out anything that comes their way. Apple doesn't need the stock market at all
What is worst this recent run up of the stock market was built on a shaky foundation. Further there are other more troublesome economies out there. It isnt simply china it is a worldwide condition.
The funny thing us that i pointed this out a couple of weeks ago and all i got was negative comments. There is a very very real possibility of a world wide depression within a year.
So true! This correction could rival the Great Depression, more than rival really turn very very ugly. The coming World War won't be pretty either.