Some of the ETFs crashed as much as 40%. Traders just gifted a windfall.
Don't think we will see anything like that again for awhile. My guess is they will invoke the 48 rule more often.
Those funds losing more than 40 percent of their value at one point included the First Trust Dow Jones Internet Index, First Trust Consumer Discretionary AlphaDEX, iShares Global Healthcare,PowerShares Global Water Portfolio and iShares Russell Mid-Cap Value.
http://www.cnbc.com/2015/08/24/anat...at-went-wrong.html?trknav=homestack:topnews:3
Only reason valuations so high right now cause u can't get shit on money in the bank
And any rumour that rates are about to rise will hammer stocks down, especially in exposed places like China
They're stuck between a rock and a hard place now, the QE Rock and the Interest rate rise Hard Place with nowhere to go unless there's a fundamental change in policy
Japan never came up with anything new and I would expect our own elites to be equally imaginative
And any rumour that rates are about to rise will hammer stocks down, especially in exposed places like China
They're stuck between a rock and a hard place now, the QE Rock and the Interest rate rise Hard Place with nowhere to go unless there's a fundamental change in policy
Japan never came up with anything new and I would expect our own elites to be equally imaginative
Nah bear is here finally... market was near term oversold... Rate cuts what they always do (if they can western world can't) when economy hits it's wall.. Doesn't stop it in most cases like we saw back in 2007-2008.. When Ben cut to zero as we tanked...
The fed was never raising rates any talk of such pure nonsense... Market would never allow it as we are seeing now... Our "recovery" is a complete facade created by financial engineering not a truely healthy economy...
they can qe all they want it won't fix anything and just create more problems long term.. Will see if they finally do the right thing and do nothing... Only pain and time will "fix" our economy...
they can qe all they want it won't fix anything and just create more problems long term.. Will see if they finally do the right thing and do nothing... Only pain and time will "fix" our economy...
hno:http://www.cmegroup.com/trading/interest-rates/fed-funds.html
Not so sure they don't finally raise. Market seems to be pricing in the raise, although it has been a decade since a raise now that I think psychologically it is just tough to price it in because it has become almost a novel concept for the street.
If she did announce I think we probably see a nice leg down.
Atleast this time the less fortunate not getting F'd on the fed bubble since they didn't even get to participate.
