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More investors will realise the US market is overvalued and economy is weakening
If I have any s&p500 etf I will sell even if I had intended for long term.investments
I have shorted US indices in my trading account
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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Dow dropped 410 points ...you are corrected no worry market up down is common lah...
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Wah this round ahbutt will hv something to show, not just claims only
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(06-09-2024, 08:00 PM)sgbuffett Wrote: Critical jobs data.
If the report is bad ....Nasdaq and Dow will PLUNGE.
If good it will rise but nit that much.
Given how optimistic US stock investors are my view is this hs the potential to go badly.
The track record of FED not pushing economy into recession after a rate hike cycle is pretty bad. ...most of the time due to lagging effects lf rate changes, the Fed tends to over tighten and push the economy into recession.
830pm ....the US indices will move down sharply.
Employment data based on 3rd party data and company projections ...many companies like Intel are retrenching heavily.
Unemployment data will turn bad very rapidly.
Note that I have already shorted S&P500 and Nasdaq several weeks ago.
So, you better admit US is collapsing.
Don't everyday use fake data and reports to say China is collapsing.
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Broken clock can still be correct twice every day.
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(07-09-2024, 09:08 AM)webinarian Wrote:
So, you better admit US is collapsing.
Don't everyday use fake data and reports to say China is collapsing.
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China economy is in very bad shape with slowdown and housing crisis.
If the govt does notvyake concrete action things will worsen.
Due to your bias pro china mindset you fail to appreciate the trouble China economy is in.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(This post was last modified: 07-09-2024, 10:12 AM by
sgbuffett.)
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(07-09-2024, 10:11 AM)sgbuffett Wrote: China economy is in very bad shape with slowdown and housing crisis.
If the govt does notvyake concrete action things will worsen.
Due to your bias pro china mindset you fail to appreciate the trouble China economy is in.
Nobody believes an unemployed bum like you least off all regarding economics.
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They say market has this cycle of brief and loss. At the beginning is the shock and denial.
Trading Economics: In China, employed persons refer to who performed some work for one hour during the reference period.
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Nice titties
Wherever you go, no matter what the weather, always bring your own sunshine
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(07-09-2024, 10:11 AM)sgbuffett Wrote: China economy is in very bad shape with slowdown and housing crisis.
If the govt does notvyake concrete action things will worsen.
Due to your bias pro china mindset you fail to appreciate the trouble China economy is in.
I will see how u flip prata for your Hsi long lol
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