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The next market down turn!

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Comments

  • srcandas
    srcandas Posts: 1,241 Forumite
    Ninth Anniversary 1,000 Posts Combo Breaker
    edited 3 April 2013 at 3:13PM
    Pick any year at random from the last century, and if you look at the headlines from back then you'll find plenty of "OMG the world's going to end" scare stories.

    The markets don't react because they've seen it all before.

    I don't think it is world ending but it will create quite a stir. And I don't think we have seen it before.

    We have a kid who has been raised in a zoo with legions of brainwashed idiots and a host of nuclear weapons. And he has no future and even his tiny brain may be starting to realise it.

    I remember my grandad being in Pompei when the people scoft "city buried by volcano!! They say that every year" ;)
    I believe past performance is a good guide to future performance :beer:
  • merlingrey
    merlingrey Posts: 398 Forumite
    The threat has always existed since the end of WW2, it's one of them things which goes into the background like the risk of a planet destroying asteroid, alien invasion, flu pandemic, cern hadron collider sucking us in a black hole, any number of killer virus mutating, the sun blowing up, climate change, Y2K (or some computer failure) yellowstone park supervolcanoes, EMP from the sun/solar storms killing electric grid. Dirty bombs from terrorists, biological or conventional attack...................probably loads others add to list yourself.
  • brasso
    brasso Posts: 797 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    This will never impact on the Market.

    Military conflict in SE Asia would certainly have an impact on the markets, but no one can say just how much of an impact unless we know what sort of conflict it is.

    As it happens, it seems as if Kim Jong-un talks the talk but is unable to walk the walk, so I'm doubtful that this could develop into full-scale nuclear war.
    "I don't mind if a chap talks rot. But I really must draw the line at utter rot." - PG Wodehouse
  • Jegersmart
    Jegersmart Posts: 1,158 Forumite
    Well, from a TA point of view, the Asia-Pacific equity universe is kind of in a "sell the rallies" pattern for now - although I suspect that will change over the summer perhaps.

    On the subject of North Korea, I think it is appalling that the population has to starve so that the money can be spent on military strength - however the US does have a bad reputation for invading countries if they have a reason to? Do they have a reason to?

    J
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