The FTSE

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flook said:
Thats just a utopian pipe dream though isn't it? The closest we ever had to this was DB pensions, which it turned out the country couldn't afford.

The stock market works, sure it ebbs and flows, and most people are relatively comfortable with that. It works that is until some moron backed by a nation of ignorant idiots interferes so badly that it suddenly doesn't.

Covid caused a dip, quite a serious one, but it was clear and obvious that it had a limited life, and that recovery would follow. With this idiot and his scattergun weaponised tariffs, there isn't a shelf life, it goes on until it doesn't, and even when it doesn't whilst shitgibbon and his supporters are in charge, it might come back again.

It's this uncertainty that has people panicking, not the fact that the FTSE or the Nikkei or whatever has dropped a few points (ok quite a lot of points), the issue is there is no end in sight
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I wouldn't call the USA a nation of ignorant fools. That's arrogance on your part.
Germany likes to have a stable financial system. (Or did)
Traditional interest rates were about ~4% with low inflation. Certainly i can remember interst rates always being higher than the inflation rate when i was much younger. It paid to save. The stock shills might like parabolic growth curves but they are disaster for everyone else.
 
The S&P 500 tracks 500 of the biggest firms in the US, making it one of the widest measures of the US stock market.

It has dropped again at the opening, suggesting a fall of roughly 13% since Trump announced his tariffs.

If the drop holds at the end of the day, that would put it down roughly 20% since its most recent high in February - a milestone officially known as a bear market.

  • What's a bear market? A description of a market that appears to be more likely to go down than go up
The Nasdaq index, where many tech firms are listed, plunged into a bear market last week. And the Dow Jones Industrial Average, the other major index in the US, is close.

Recessions often, though not always, follow bear markets.
 
flook said:
Thats just a utopian pipe dream though isn't it? The closest we ever had to this was DB pensions, which it turned out the country couldn't afford.

The stock market works, sure it ebbs and flows, and most people are relatively comfortable with that. It works that is until some moron backed by a nation of ignorant idiots interferes so badly that it suddenly doesn't.

Covid caused a dip, quite a serious one, but it was clear and obvious that it had a limited life, and that recovery would follow. With this idiot and his scattergun weaponised tariffs, there isn't a shelf life, it goes on until it doesn't, and even when it doesn't whilst shitgibbon and his supporters are in charge, it might come back again.

It's this uncertainty that has people panicking, not the fact that the FTSE or the Nikkei or whatever has dropped a few points (ok quite a lot of points), the issue is there is no end in sight
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Correct.
Normally the occasional dip or correction can be welcome because it usually provides buying opportunities. I took advantage in 2008 and 2020 and did reasonably well.

This time round we’ve got a lunatic making up policies on the hoof and changing his mind more often than he changes his rancid underpants. This makes it impossible to predict a sustained recovery while he’s fucking about with the world’s economy based on whims and imaginary economists. The fact he’s surrounded himself with loyalists (aka deluded sycophants) makes the situation even worse.

The only way forward is for the rest of the world to assume the worst and make more deals with each other thereby making the US less integral to the world’s economy in the same way that military allies need to adjust their planning to assume the US won’t be there if needed. It will take years and will be painful but there’s no other way.

All empires come to an end. The 19th century was ours, the 20th was the USA’s. The 21st will most likely be China’s but Europe needs to get its shit together to provide a counter to Chinese hegemony. The Americans will be consigned to history.
 
Mr Grumpy said:
I wouldn't call the USA a nation of ignorant fools. That's arrogance on your part.
Germany likes to have a stable financial system. (Or did)
Traditional interest rates were about ~4% with low inflation. Certainly i can remember interst rates always being higher than the inflation rate when i was much younger. It paid to save. The stock shills might like parabolic growth curves but they are disaster for everyone else.
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Interest rates (in my adult lifetime) have only ever been higher than inflation to combat inflation going out of control, once inflation falls, interest rates fall too, ultimately dipping below inflation rates, its a tried and tested monetary tool. FWIW BoE interest rates are currently near 2% above inflation, try getting that from a normal savings bank though

I accept I may have over-generalised about the American people, I'll change that the the majority of voting americans are ignorant idiots, is that better?
 
Get ready for another FTSE plung.


Trump threatens China with further tariffs​

​

published at 16:33​

16:33 Breaking​


US President Donald Trump says he will impose additional tariffs on China, from tomorrow, if Beijing does not withdraw its 34% retaliatory tariffs on the US.

The additional tariffs on Beijing would be of 50%, Trump says.
 
west didsblue said:
All empires come to an end. The 19th century was ours, the 20th was the USA’s. The 21st will most likely be China’s but Europe needs to get its shit together to provide a counter to Chinese hegemony. The Americans will be consigned to history.
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Congrats on getting it.
 
west didsblue said:
Not what you said though and not relevant to the utter shit you’ve been posting
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It absolutely is relevant Mr Angry.

It's exactly the reason why I've made the argument this isn't necessarily just about Trump.

You've read the word Trump and gone gaga whilst going full circle and then confirming my observation.

Well done.
 
Mr Grumpy said:
It absolutely is relevant Mr Angry.

It's exactly the reason why I've made the argument this isn't necessarily just about Trump.

You've read the word Trump and gone gaga whilst going full circle and then confirming my observation.

Well done.
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You do realise the reason why American leadership in the world is coming to an end?

Obviously not from that nonsense.
 
west didsblue said:
You do realise the reason why American leadership in the world is coming to an end?

Obviously not from that nonsense.
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I'd happily debate the US involvement in world politics but this is not the thread for it and you are not rational or calm enough to make it worthwhile tbh.
Why not take a breath, go let your TDS ease off and then we can get back on topic without you constantly windmilling in it?

I care not.
 
Mr Grumpy said:
I'd happily debate the US involvement in world politics but this is not the thread for it and you are not rational or calm enough to make it worthwhile tbh.
Why not take a breath, go let your TDS ease off and then we can get back on topic without you constantly windmilling in it?

I care not.
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Stock markets around the world, including the FTSE, have tumbled by 10%-20% in the last week following Trump’s deranged tariff announcements. This absolutely is the right thread to discuss the reasons for the falls. The fact that you’re in denial about why isn’t my problem and persisting with your bizarre assertions that it’s not just about Trump just makes you look ridiculous.

The fact that you joined the forum on Trump’s inauguration day and use childish terms invented by him like TDS strongly suggests you are a supporter, which means you’re an idiot.

Now jog on and bother someone else.
 
west didsblue said:
Stock markets around the world, including the FTSE, have tumbled by 10%-20% in the last week following Trump’s deranged tariff announcements. This absolutely is the right thread to discuss the reasons for the falls. The fact that you’re in denial about why isn’t my problem and persisting with your bizarre assertions that it’s not just about Trump just makes you look ridiculous.

The fact that you joined the forum on Trump’s inauguration day and use use terms invented by him like TDS strongly suggests you are a supporter, which means you’re an idiot.

Now jog on and bother someone else.
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You seem a bit obsessed tbh.

Anyway. Now that you've admitted that the US is up shit creak because of events outside of the current incumbents control or input, are you suggesting that The US just continue to sit by and do nothing?
Or would that too, be a fuck up of the shit gibbon as you so elequently say?

What do you think the US should be doing right now to stop it's empire from crumbling?

Go play golf and wait for the next democratic president to turn up?

This is just the start imho.
We're entering a new phase of US politics and economic policy regardless of who's sat in the chair.
 
Mr Grumpy said:
You seem a bit obsessed tbh.

Anyway. Now that you've admitted that the US is up shit creak because of events outside of the current incumbents control or input, are you suggesting that The US just continue to sit by and do nothing?
Or would that too, be a fuck up of the shit gibbon as you so elequently say?

What do you think the US should be doing right now to stop it's empire from crumbling?

Go play golf and wait for the next democratic president to turn up?

This is just the start imho.
We're entering a new phase of US politics and economic policy regardless of who's sat in the chair.
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You’re not the brightest are you?

The US is up shit creek because of Trump full stop. And he’s the reason its empire will crumble.

The fact you don’t understand this is on you.

Now go away.
 
west didsblue said:
You’re not the brightest are you?

The US is up shit creek because of Trump full stop. And he’s the reason its empire will crumble.

The fact you don’t understand this is on you.

Now go away.
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The last 10 pages in a nutshell lol.
 
Well all I know is that since trump has been in power I have lost an awful lot of money. When will the forces that run America force him out?
 
jonmcity said:
Well all I know is that since trump has been in power I have lost an awful lot of money. When will the forces that run America force him out?
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Haven't we all.

And we'll keep on losing money until Trump stops this shit show once and for all.

Sadly there is no sign of that happening.
 
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