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Sunday, August 23, 2015

Tumbles ahead ...



So on Friday Wall St, had a bit of a tumble.
Well 530 points of tumbling.
Even though Monday may bring a rally, of sorts.
The coming months.
Are going to bring many more Friday's.

23 comments:

Anonymous said...

I earned ten pennies worth of interest on my account at the bank last month. I will gladly give all of it to the investors who lost money on their stocks last week. One must help ones fellow man or woman.

T. W. said...

Not surprised.

Anonymous said...

I agree TW, companies and house prices next over inflation and greed. The bailout did not trach them and there won't be one this time.

Anonymous said...

Forgot to add CD thanks for reporting the markets and house prices sky rocketed but slashing wages of regular people.

T. W. said...

You are a very kind person. God bless you.

NicQuerica said...

So we're headed towards another stock market crash, then? Economic crisis? How bad will it get?

Anonymous said...

The house prices and overpaying for buying out companies of little value where strong indicators. I hope it doesn't hit too hard, retirement and pensions no longer exist as an option.

Tony said...

Hi CD. Here in the UK are we also heading for another crash? The interest rate is still 0.5%. Can you see that still being that low for a while yet? Many thanks Tony

Anonymous said...

So this us worldwide Greece was the warning. Credit and banks are part of the problem. Looking good on paper to your bosses never pays off in the long term.

Anonymous said...

Maybe this is a good thing to get prices back down so that more people can live better. What do you see CD?

Anonymous said...

What about Jennifer Lawrence in bed with Kris Jenner, another PR stunt. At least Obama and security detail wouldn't let Kim K near him. So maybe J Lawrence is bi too.

Anonymous said...

0.5% is the interest rate! They can't risk the bubble bursting in the housing market but at the same time the prices have to decrease. People can't afford the mortgage and the maintenance of the home, this should not have happened so soon. I hope this does not hit hard, when is this going to get better. Times were once good and money was real to many dirty games being played by newcomers.

T. W. said...

The elite want this to happen so they can have another reason to set up their one world government.

Anonymous said...

Hopefully that won't happen TW, this situation destroys countries rather than making them rich. Most of the rich and famous don't even have the wealth it's all exaggerated for the press. They have money but not as much as quoted, real wealth doesn't even get mentioned so they can have privacy and enjoy the good life.

T. W. said...

Yes. They want to destroy countries so they can have a one world system that shares resources and religion. Wars are started over resources and religion. And you are right. There will come a time when all money is worthless. Let us hope and pray it is not soon.

Anonymous said...

You are spot on but now countries can't afford wars except the oil rich ones. There is something karmic going. China bailed them out and they have done it again like kids in a candy store, but lets hope good comes from this as money is worthless now. How much can you print? The debt is still there.

It's amazing how all certain celebs want their privacy but keep posting provocative images of themselves.

T. W. said...

You are spot on too. Don't forget, China and other countries have gold reserves. One day that will be worthless too.

Anonymous said...

I hope my new job starts now and the new company is not affected by any of this.

What is outcome of all of this Christian?

Anonymous said...

The protests going on in Lebanon and Syria are all about the level of corruption. Not doing nothing for the people and taxing them with no incentives. I want to live off the grid, too much greed, they get elected but nothing changes.

Anonymous said...

They have to slash/ cut prices, but greed will make it difficult at first.

Anonymous said...

Prices will drop but only on things you can't eat, or put in your gas tank, or use to power your home. Junk like TVS, phones, mass production clothing and goods, etc, will go down. Crude oil is heading down, but the pump prices aren't going down. Necessities will not go down.

Anonymous said...

House prices and cars but at some point prices have to decrease and salaries starting from the fat cats first.

T. W. said...

You are right.