Black Monday - Apparently

Graham_Devon

Fella wrote: »

I've been amazed by the lack of reporting on the china stock market falls. A drop of nearly 2000 points from 5200 to 3200 (ish) since June is incredible & yet barely makes mainstream news (until today perhaps....)

5live isn't even reporting the turmoil. Just read it out in the news bulletin that the FTSE was down. They also specifically stated the number of points it was down rather than a percentage.

Not sure if the TV has more on it.

carslet

Graham_Devon wrote: »

5live isn't even reporting the turmoil. Just read it out in the news bulletin that the FTSE was down. They also specifically stated the number of points it was down rather than a percentage.

Not sure if the TV has more on it.

No they are not, i can't quite believe that they would not be reporting all day about 5% down. it is bad day.

carslet

Over 7 % down now

Graham_Devon

6%........

carslet

Graham_Devon wrote: »

6%........

now 7% .....

Graham_Devon

Ohhh, we have a new record.

Biggest ever loss on opening on the DOW today. Though "Rule 48" seems to have worked. I want one of them.

Graham_Devon

carslet wrote: »

now 7% .....

Can't see 7 if I'm honest?

carslet

Graham_Devon wrote: »

Can't see 7 if I'm honest?

was just on the bbc

carslet

will be house prices next week

Crashy_Time

carslet wrote: »

will be house prices next week

Will be quite funny to watch when this sort of panic translates to house prices. Bloomberg commenting today that social media spreads panic much quicker than the days when the average punter just heard about market crashes on the tea time news. Interesting that the thread on HPC discussing this has about 300 people viewing it, this really is a backwater over here.