📨 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!

Markets Slammin'

Options
2»

Comments

  • Seems all the recent gains have been wiped out.

    Is this all down to (foreign) interest rate rises?
  • ChesterDog
    ChesterDog Posts: 1,145 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Federal Reserve meeting today - worries about emerging markets and related devaluation of currencies after Argentina.
    I am one of the Dogs of the Index.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    edited 29 January 2014 at 4:43PM
    Seems all the recent gains have been wiped out.

    Is this all down to (foreign) interest rate rises?

    Share prices have been raised by money printing, particularly American money printing because they have been printing the most. All the printed money has to go somewhere so it tends to fly round in circles blowing up asset prices including share prices.
    What is unsettling at the moment is that the Americans are due to make a decision in the next few hours about how much more money printing they are going to do.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    Glen_Clark wrote: »
    What is unsettling at the moment is that the Americans are due to make a decision in the next few hours about how much more money printing they are going to do.

    And they have decided to slow down the printing presses by $10bn a month so US shares are staying lower
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
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
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K 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.