The next stock market correction

gadgetmind

AlwaysLearnin wrote: »

I like to think that was a deliberate selection of word

I spotted the typo as I typed it but decided that it deserved to live, thrive and survive!

N1AK

ffacoffipawb wrote: »

I'd rather a Con-UKIP Coalition.

The risk of this is one of the reasons why were unlikely to see a conservative majority government after the next election. Given the way the conservatives have been going the odds of me voting for them are slim, add on the risk that they'll do a deal with the devil and I'd vote Labour to stop it

UKIP has taken voters from both the Tories and Labour, but you can bet the voters they've taken from Labour won't be keen on voting UKIP if that makes another conservative government likely...

gadgetmind

N1AK wrote: »

add on the risk that they'll do a deal with the devil and I'd vote Labour to stop it

I suggest you have a long lie down, in a shallow grave, and please never have those thoughts again.

I've lived through "tax and spend" and the hangover is massive, every single time.

N1AK

jabba42 wrote: »

You all know it is coming :eek:

So did you a year ago

I wish I could accurately predict crashes but I'm dubious anyone really can. Yes stock markets are inflated by money printing and low interest rates. Yes values are high against profits. However the FTSE100 is only at the same value as it was 15 years ago even though our GDP has gone up by a third (adjusted for inflation).

N1AK

gadgetmind wrote: »

I suggest you have a long lie down, in a shallow grave, and please never have those thoughts again.

I've lived through "tax and spend" and the hangover is massive, every single time.

Fortunately you're likely far closer to the grave than me :beer: and I take suggestions from people who can make a considered case not parrot puerile clich!.

You'd think that having seen it before you'd know what happens when the right wing goes the way it's going now. Likely you're too absorb in wishing the world was the way you think it should be through tears and rose-tinted glasses.

If the choice I have is between voting for a party that chases the votes of homophobes and racists or progressives who couldn't spell economy let alone run one then I'll take the progressives.

Porcupine

I predict the market correction will happen next week. Pennies will be wiped off the value of stocks as the market crashes 0.01% before recovering slightly. Stock exchange networks will grind to a crawl as traders browse Facebook in their lunch hour. Someone will lose their sandwich.

gadgetmind

[QUOTE=N1AK;65780774I'll_take_the_progressives.[/QUOTE]

Splendid.

With the racists and homophobe parties off the table, and "tax and spend" clearly never having worked (but France still having an ongoing attempt, watch and learn), I guess that's what we're left with.

As for right/left wing, I have little time for "football team" politics, and instead I just focus on what works and what very, very much doesn't.

Tax and spend doesn't, never has, never will, so please let's start voting it down whenever it raise its ugly head.

Glen_Clark

N1AK wrote: »

However the FTSE100 is only at the same value as it was 15 years ago even though our GDP has gone up by a third (adjusted for inflation).

True. But using the dot com lunacy of 15 years ago as a yardstick is probably as reliable as the official inflation statistics .........
PS: how much of that increased GDP is rising asset prices and does it take into account the increasing poipulation......

gadgetmind

Glen_Clark wrote: »

using the dot com lunacy of 15 years ago as a yardstick

I remember when people only looked back 5 years to 1999. Then 10 years, now 15, soon 17. They only seem interested in the period that makes investing look as bad as they can, and even then only ignoring dividends.

Of course, fairly soon we'll make a new high (which we'll bounce either side of for quite some time) so what will people do then to extract the worst possible story they can?

bigadaj

gadgetmind wrote: »

I remember when people only looked back 5 years to 1999. Then 10 years, now 15, soon 17. They only seem interested in the period that makes investing look as bad as they can, and even then only ignoring dividends.

Of course, fairly soon we'll make a new high (which we'll bounce either side of for quite some time) so what will people do then to extract the worst possible story they can?

I'm sure there will be plenty of analysts to comment and discuss, obviously not punting their own money on their conclusions.