Stock markets doom !

[ghi]

 Wall Street and TSX here in panic mode after China ;   Are we heading for another recession?! ,  they call it "correction" ;Dow Jones index this morning; but after a couple of hours was back up to -100 points , now... goes back down;




...and right now   -654points  3.97%; http://www.marketwatch.com/

 http://www.investing.com/indices/indices-futures

China , down 8.49% http://www.bloomberg.com/quote/SHCOMP:IND


      

[zack1234]

 


Its the North Koreans

Come on lets here the gibberish from the colonials.

should i get some more beans in and did a fall out shelter?

[ghi]

Its the North Koreans

Come on lets here the gibberish from the colonials.

should i get some more beans in and did a fall out shelter?

yee,  beans now!  or eat the SUN !

[zack1234]

Eat the SUN are you insane!

[Zoney]

Its the North Koreans

Come on lets here the gibberish from the colonials.

should i get some more beans in and did a fall out shelter?

Exactly where are these colony's that the colonials reside within now?

And what you "did" in your fallout shelter involving beans is no one's business.

[morfiend]

Eat the SUN are you insane!

   Nope but then my money is in safe banks,what could go wrong???


   I like when these events happen,I find them to be get buying opportunities!  The man said buy low,sell high!


   But ya Zach I'm a colonial,just north of the 1 you usually refer to!


     

[Scherf]

Chinese market still 40% higher than it was 12 months ago - economic growth 7% max. So...

[Brooke]

Its the North Koreans

Come on lets here the gibberish from the colonials.

should i get some more beans in and did a fall out shelter?

If you get enough beans, you can self-power your own fallout shelter with methane. 

[ink]

If you get enough beans, you can self-power your own fallout shelter with methane. 

 

that would be a crappy situation!!

[jeep00]

Aaaaaaaaaaaaaaaaaaaaaaaaaaaaa aaaaaaaaaaaaaa!
.....
Oh wait, this is stocks right? The thinguates tegular that fluctuates regularly? Never mind...

[Brooke]

I think that the US might already be in recession.  We might see that when GDP and other stats are revised in the future.

My view is that the state of finances in the US and the rest of the world is crazy.  There is an absurd amount of debt, absurd evaluations, and trillions of dollars have been completely wasted on useless (or worse, on economically ruinous) activities in the US, Europe, China, Japan, and emerging markets.

I believe that the world's foolish experiment with megaKeynsianism will work out badly.

If so, look for Paul Krugman to tell us that we failed by not pouring enough Keynsian gasoline on the raging debt fire.

[Nefarious]

I think that the US might already be in recession.  We might see that when GDP and other stats are revised in the future.

My view is that the state of finances in the US and the rest of the world is crazy.  There is an absurd amount of debt, absurd evaluations, and trillions of dollars have been completely wasted on useless (or worse, on economically ruinous) activities in the US, Europe, China, Japan, and emerging markets.

I believe that the world's foolish experiment with megaKeynsianism will work out badly.

If so, look for Paul Krugman to tell us that we failed by not pouring enough Keynsian gasoline on the raging debt fire.

Yep. +1

[DmonSlyr]

Sit back, hold tight, buy some cheap shares of the company you've been eyeing for the past 8 months. Profit. This was a nasty correction but it needed to happen.

[ghi]

I didn't know they have this safety valve, in normal  days kicks in aprox. a dozen of times and stops panic trading ,...but today   
 "Trading was halted 1,200 times   Monday
............................. ...........
Installed after the May 2010 flash crash, the so-called circuit breakers are designed to slow down dramatic selling or buying. They are typically triggered when stocks dive or spike by a certain amount in a matter of minutes. Think of it as a time out. Trading is halted for five minutes, giving investors a chance to calm down and allowing cooler heads to step into the market."

more on CNN     http://money.cnn.com/2015/08/24/investing/stocks-markets-selloff-circuit-breakers-1200-times/index.html

[Ripsnort]

Sit back, hold tight, buy some cheap shares of the company you've been eyeing for the past 8 months. Profit. This was a nasty correction but it needed to happen.

And like in '08-'09, there will be those who are foolish to sell off everything.
Ebb and flow, that's the market. It's not for the faint of heart either. So if you do sell off, remember I'll be there buying it when it is near the bottom, just like I did in 09.