But hey, the Shanghai market rose like 2% yesterday (today, here) and will probably rise again today (tomorrow, there).
Yeah, not so much.
But hey, the Shanghai market rose like 2% yesterday (today, here) and will probably rise again today (tomorrow, there).
Yeah, not so much.
Anything can happen so it's always best to prepare for the worst - w/in reason of course. But I think the US economy is in much better shape than China. It's just that as the second largest economy, anything that affects China ends up affecting everyone. But I think the Eurozone does a lot more business with China than the US.I am not a market bro but a buddy of mine is freaking out. He is telling me to get ready for the biggest great depression of them all. Ive been reading but I am far from informed enough to really know. I do trust this guy and now he has me super nervous about starting my own company with the market possible going to crap. Anyone else have some thoughts on the matter?
I don't think Chpotle will go anywhere until they have identified the cause of the recent outbreaks and institute measures to prevent another one. But to really do that effectively, you need to test all of your ingredients. If they use a lot of locally sourced produce, that's going to be hard to do.Anyone think Chipotle looks kinda juicy? They just keep falling. Looks like their value has been cut in half over the last few months due to the e--coli outbreak and now they were subpoenaed.
All the bad publicity aside, I still think they will easily float back to the top. Hell, I hear all this bad news and I still want to avoid cooking and get a damn burrito bowl from them
Anyone think Chipotle looks kinda juicy? They just keep falling. Looks like their value has been cut in half over the last few months due to the e--coli outbreak and now they were subpoenaed.
All the bad publicity aside, I still think they will easily float back to the top. Hell, I hear all this bad news and I still want to avoid cooking and get a damn burrito bowl from them
Anything can happen so it's always best to prepare for the worst - w/in reason of course. But I think the US economy is in much better shape than China. It's just that as the second largest economy, anything that affects China ends up affecting everyone. But I think the Eurozone does a lot more business with China than the US.
RUH ROH .... DOW -500 today???
3 days of big drops. I'm curious if we haven't seen the big drop yet that is coming.... But I want to make my IRA contributionsAt least, China is down huge, premarket is down bigger than I've seen in a long time, every other market is tanking. You know how in august last year it bounced back, I'm not sure I see that same thing happening.
My take on China is essentially all your stuff plus...
What's happening in China is a symptom of the weakness in the rest of the world economy. A lot of the stuff people buy is made in China. If they're weak, they're not buying from China. If they're not buying from China, China isn't producing, and Chinese are not paid/employed. Even worse, if China isn't producing, China isn't buying resources from other countries (e.g. Canada), and people in those countries have less money to buy from China.
And while the regular Chinese resident may be growing in wealth, their wealth distribution is... shocking. A significant number of people living off a few dollars a day shocking. How many can afford the crap that first-world countries order from them?
China also, allegedly, has at least one bubble going like their housing market. How can you build entire empty cities and not be a bubble? Throw in questionable economic numbers and a bunch of other stuff... and here we are.
Last year, I stopped investing in anything except dividend stocks with reasonable long term perspective.
You got the first part right (getting out of stocks), but will you get back into the stocks at the right time?dec 31 of last year moved 10% from stocks to bonds, mainly because I was overweight in equities and needed to rebalance.
20% swing into safety
this 3day -1000 point drop in the dow makes me feel better about my decision
Anyone have the balls to buy now?
I'm tempted to add to my IRA today.
Anyone think Chipotle looks kinda juicy? They just keep falling. Looks like their value has been cut in half over the last few months due to the e--coli outbreak and now they were subpoenaed.
All the bad publicity aside, I still think they will easily float back to the top. Hell, I hear all this bad news and I still want to avoid cooking and get a damn burrito bowl from them
I opened up my portfolio, laughed, then closed it.
Really all you can do some times.
Quick question, the august 2015 correction happened in one day or over the course of a week? If the latter then this just looks like another correction.
Great time to buy stock for those watching! I lost 10% value of my tech stocks this week, but I'm a long term investor. if this is just a correction I'm confident they'll get back up by next month. There's no point in selling & joining the madness. Just have to sit and watch & hope by next week the panic will end.
Great time to buy solid stocks like Nvidia, Activision, and amazon. Those stocks will SURELY go back up, ure getting a 5-10% discount on them.