Down
Down
Down
Sell
Sell
Sell
No need to post anything else
Printable View
Down
Down
Down
Sell
Sell
Sell
No need to post anything else
Some guy on CNBC raving on this feels like a 50% bear …..in other words S&P500 about 2400
Jeez another 40% from here
Prob means quite a few NZX50 stocks got 30% to 40% fall to come
FPH at $10 / $13 would be good
Did u note ...Friday night Nasdaq down almost 4 % ...while RMD ...peer of FPH ..was flat ...it didnt participate in the fall ...as its considered to be defensive stock with pricing power and healthcare tag ...So IMO FPH will be able to wither this storm better then WHS / HGH / TRA ....but one is always ready for surprises eh
Would love a sharp sharp crash and oversold bargains but we should remember there are a lot of worried people out there undergoing financial trauma...retirees drawing on their battered kiwisaver, panic selling by folks who wont buy in later at lower prices and miss the eventual rebound, etc. nice if you are in the position to ride out the storm as an interested observer and participate in a future rally, but a lot of people aren't.
FM, agree 100% with your comment & concerns.
We are but little minnows in the over all
Scheme of things when it comes to stock markets.
It is not within our power to influence the direction of the market but it is entirely within our power to influence how and what we do in reaction to the direction of the market.
Yes but they will be what they will be, so whatever they are - the cheaper you get them for in the present the better.
Generally, more goods and services will be produced in the future more efficiently and I want to buy them today for less, so the more red I see the more wealthy I will become, even if fully invested now.
When there is far too much debt relative to productive capacity then real rates will have to stay negative and or debt defaults (which are the same thing anyway) anything else is impossible mathematically. If you cannot produce enough to pay the interest on the debt then rates have to lower or defaults have to occur.