Stock Market

[trottigy]

I think we will get another bounce upward in the market when they cut interest rates.

[computerwiz]

1 minute ago, trottigy said:

I think we will get another bounce upward in the market when they cut interest rates.

 

Small bounce, yes.  But the amount they will cut will probably be too small to be meaningful.  They have to speed things up if they want to avoid a recession...

[Tortuga]

 

The cat was just pretending to be dead...

[computerwiz]

4 minutes ago, Tortuga said:

 

The cat was just pretending to be dead...

 

Patience my friend.  

 

[New World Explorer]

Temporary slip....? 🤣

[Tortuga]

19 minutes ago, New World Explorer said:

Temporary slip....? 🤣

Hey! leave my family out of this!

[hatcheckgirl]

I’ve been reading an analysis of the recent worldwide stock market drop a couple of weeks ago. It was titled “Global financial markets are back to near-record highs. Did we learn nothing from this month's mini-crash?”

https://www.abc.net.au/news/2024-08-20/financial-markets-meltdown-stock-price-economy-interest-rates/104242168?utm_source=abc_news_app&utm_medium=content_shared&utm_campaign=abc_news_app&utm_content=safari

“Three potentially lethal storms of doubt collided, convincing many that a new global financial crisis was upon us.

In short order, they were that the world was on the cusp of recession, stocks were horribly overvalued and, once again, an obscure trading strategy had suddenly come unstuck, threatening to unravel the cord binding currency, money and stock markets.

But it ended as quickly as it started and, in the nanosecond attention span of finance, now is but a distant memory.”

 

I know that many financially savvy brothers didn’t think much of this in the bigger scheme of investments over time. There is always going to be the ups and downs. But I can see it is tied in with “security” of the cry of “peace and security”. These market convulsions happen because of the instability and speculative nature of investments, and of course greed leading to panic. We will see the commercial system come to lament the fall of BtG - Rev 18:11-19. And even though the commercial system will still be in some way still operating, it will be limping because of this fall. They won’t recover.

 

The analysis continues: “Globally, stock markets are again sitting just below record highs. They are priced for a magical elimination of inflation, continued strong economic growth, and an outbreak of global diplomacy and world peace.

Not much margin for error.”

 

Even economic analysts don’t hold much hope, as of course the world is further from peace than ever before. So, in my mind anyway, how the stock market reacts is definitely linked to how peace and security is perceived. 

 

Edited August 19 by hatcheckgirl