Stock markets Up Up Up. Why?

davidb881

Can someone explain why the DOW and FTSE are going up? I have read that it’s because of huge amounts of toxic debt being removed and the QE. Can someone explain why these things are good and people see fit to invest in stocks? Surely it’s like burying nuclear waste, it gets rid of it, but it will ultimately contaminate the soil and nothing will be able to grow and QE will lead to inflation. Is it investors trying to make a quick buck?

mewbie_2

It's because Obama made an announcement. If he breaks wind it'll be another hundred points higher.

m_c_s

mewbie wrote: »

If he breaks wind it'll be another hundred points higher.

A one trillion dollar wind!

Dan:_4

It's because of a rise in US house sales. Another sign of things starting to slowly recover.

http://business.timesonline.co.uk/tol/business/economics/article5961045.ece

Really2

davidb881 wrote: »

Surely it’s like burying nuclear waste, it gets rid of it, but it will ultimately contaminate the soil and nothing will be able to grow and QE will lead to inflation. Is it investors trying to make a quick buck?

Not really.

I think it is more like putting a plug in the bath.
Trillions of $,£ etc have already gone down the plug hole stoping more going down as been the first concern.

will it lead to high inflation . No one knows.

davidb881

Dan: wrote: »

It's because of a rise in US house sales. Another sign of things starting to slowly recover.

http://business.timesonline.co.uk/tol/business/economics/article5961045.ece

So, the UK will follow suit? We normally do when it comes to the US.

mewbie_2

Dan: wrote: »

It's because of a rise in US house sales. Another sign of things starting to slowly recover.

http://business.timesonline.co.uk/tol/business/economics/article5961045.ece

The bottom has been reached. er. Again. Maybe we'll reach it again in another few months.

davidb881

mewbie wrote: »

The bottom has been reached. er. Again. Maybe we'll reach it again in another few months.

Is it possible to know where the bottom is? Surely only hindsight well determine when we reached the bottom? What makes you so sure it’s not the bottom?

Dan:_4

mewbie wrote: »

The bottom has been reached. er. Again. Maybe we'll reach it again in another few months.

Sorry mate, I know you can't wait for this country to go down the sh!ter.

Dan:_4

davidb881 wrote: »

So, the UK will follow suit? We normally do when it comes to the US.

UK normally lags 6 - 12 months behind the US.

The US dragged the world into this mess, and they will lead us out.

mewbie_2

Dan: wrote: »

Sorry mate, I know you can't wait for this country to go down the sh!ter.

Now now that's not true. I am talking about share prices here, they go up and they go down. Personally I hope they go up. And unemployment falls. And we have a recovery. And we all keep our jobs.