We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

BREAKING US markets tanking - S&P 500 & Nasdaq down >7%

2456789

Comments

  • tomterm8
    tomterm8 Posts: 5,892 Forumite
    Part of the Furniture Combo Breaker
    Yeah, well the Panic of 1870 beat that one hands down, didn't it. And they had real problems in the Crash of 1816 - there wasn't even food for sale!
    “The ideas of debtor and creditor as to what constitutes a good time never coincide.”
    ― P.G. Wodehouse, Love Among the Chickens
  • Exocet
    Exocet Posts: 744 Forumite
    Cleaver wrote: »
    Dow is now up 4.5% in the last 12 minutes. It's a bull market, get stuck in. ;)
    Not on BBC it's not, I am currently balancing on a chair trying to fashion a rope out of some curly guitar cable. Let's hope it updates before I topple over and land on the cat.
  • carolt
    carolt Posts: 8,531 Forumite
    Well it has to come, doesn't it, sooner or later - commonsense dictates the rest of the unwinding has to happen sooner or later...

    Obviously, the markets have done a pretty good job at staying rational longer than etc... but eventually, even they need to reflect the reality.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    where can I see this for myself...and send a link?
  • 1984ReturnsForReal_2
    1984ReturnsForReal_2 Posts: 15,431 Forumite
    It could be blue friday for the FTSE tomorrow...

    Or even yellow friday..

    Or Red...
    Not Again
  • amcluesent
    amcluesent Posts: 9,425 Forumite
    The Long Emergency starts today. In the Great Depression, the market bottom was found after 90% decline and 5 bear rallies which bankrupted millions.

    Good luck everyone
  • tomterm8
    tomterm8 Posts: 5,892 Forumite
    Part of the Furniture Combo Breaker
    These days with crashes there's not even enough time to throw yourself out of the window, before the recovery takes place.

    Not like the good ol' days.
    “The ideas of debtor and creditor as to what constitutes a good time never coincide.”
    ― P.G. Wodehouse, Love Among the Chickens
  • Exocet
    Exocet Posts: 744 Forumite
    amcluesent wrote: »
    The Long Emergency starts today. In the Great Depression, the market bottom was found after 90% decline and 5 bear rallies which bankrupted millions.

    Good luck everyone
    Thanks for that.
  • carolt
    carolt Posts: 8,531 Forumite
    He is a cheery soul, isn't he.
  • System
    System Posts: 178,433 Community Admin
    10,000 Posts Photogenic Name Dropper
    Looks like panic over.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.5K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.4K Work, Benefits & Business
  • 604.2K Mortgages, Homes & Bills
  • 178.5K Life & Family
  • 261.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture