Where does it end?

freddykrueger

I was just thinking the above today - the whole financial crisis, credit crunch, housing price falls etc.....where does this all end? When will the markets regain confidence - everyday at the moment seems a bad news day and quite frankly it's !!!!ing me off :cool:

Something will need to be a catalyst to get the markets out of the doldrums but I can't see anything on the horizon. I think I will invest in wine :beer:

benood

freddykrueger wrote: »

I was just thinking the above today - the whole financial crisis, credit crunch, housing price falls etc.....where does this all end?

When we all get bored with discussing it?

dunstonh

where does this all end? When will the markets regain confidence - everyday at the moment seems a bad news day and quite frankly it's !!!!ing me off :cool:

How did you react in the last crash? That was bigger than this one. Yet didnt get anywhere near the same level of media coverage.

Lokolo

dunstonh wrote: »

How did you react in the last crash?

I was going crazy in my mummys tummy

dunstonh

Lokolo wrote: »

I was going crazy in my mummys tummy

In 2000-2002? That was the last stockmarket decline and that was worse than this one (so far). You type so well for a young-un.

moanymoany

On Bloomberg yesterday morning, one pundit said that it could have only two ways to go.

A recovery and slow rise.

A major organisation would have a spectacular crash. (he didn't go on to say what would happen then - too awful to contemplate)

When asked which he thought it would be he said it was anybody's call!

So far no rise! The last bulletin I saw on Bloomberg said it was as bad as the 1987 stockmarket crash - and getting worse.

Stocks Fall the Most Since 1987, Led by Banks; HBOS, Lloyds TSB, RBS Drop U.K. stocks plummeted, in the biggest decline since Oct. 20, 1987, led by banks and mining companies on concern the credit crisis is deepening and as metals plunged. HBOS Plc and Antofagasta Plc fell.

RBS's Credit Rating Reduced by Standard & Poor's for First Time Since 1998 Royal Bank of Scotland Group Plc, the U.K.'s second-biggest bank, had its credit rating cut for the first time in almost a decade by Standard & Poor's because the company's ``financial profile'' is deteriorating.

Money-Market Rates Climb as Banks Hoard Cash; Euribor Rises to Record High Money-market rates climbed worldwide as banks hoarded cash on speculation the seizure in credit markets is deepening and may prompt more financial institutions to collapse.

This is from http://www.bloomberg.com/news/regions/uk.html

Lokolo

dunstonh wrote: »

In 2000-2002? That was the last stockmarket decline and that was worse than this one (so far). You type so well for a young-un.

Hehe awww I thought you meant the one in the 80s :rolleyes:

StevieJ

dunstonh wrote: »

How did you react in the last crash? That was bigger than this one. Yet didnt get anywhere near the same level of media coverage.

This feels like more like a heart attack, i.e. the restriction of liquidity (blood) by the banks (the heart). It feels worse, although I still hold out for a bottom today especially if the Dow can continue recovery into the close.

dunstonh

Lokolo wrote: »

Hehe awww I thought you meant the one in the 80s :rolleyes:

No. The last one at the start of the millennium was worse than this with the FTSE dropping 43.5%. It was a combination of events over a long period and also the markets were in a bubble at the time.

Lokolo

dunstonh wrote: »

No. The last one at the start of the millennium was worse than this with the FTSE dropping 43.5%. It was a combination of events over a long period and also the markets were in a bubble at the time.

Wow, I was so young then, only 10/11 in 3 hours. Hm so much to learn!!

purch

Where does it end?

When all the cr*p has been sqeezed out of the market.....

There will still be volatilty....lot's of false dawns, lot's of days when it feels like everything is rosy again, and just as many days when it feels like the end of the world.

We are in a long term bear market, and will be for a long time.

The Governments/Central Banks will probably try to inflate/reflate the world out of the doldrums and it'll work for periods of time, but overall they will lose the battle.

The cult of Equity has lasted for 30 years, but now it's over !!!