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!

Black Monday - Apparently

1…68101112

Comments

  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Just had bloomberg on for a second. More drops to go, as apparently people are buying adult colouring books for relaxation. Apparently, you don't expect to see that when markets at at "calm tops".

    Some of the stuff they come out with!
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Graham_Devon wrote: »
    Just had bloomberg on for a second. More drops to go, as apparently people are buying adult colouring books for relaxation. Apparently, you don't expect to see that when markets at at "calm tops".

    Some of the stuff they come out with!

    I love Bloomberg. It's one step up from reading tea leaves.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    wotsthat wrote: »
    I love Bloomberg. It's one step up from reading tea leaves.

    Define 'up' in this context. :D
  • DTDfanBoy
    DTDfanBoy Posts: 1,704 Forumite
    wotsthat wrote: »
    Gordon Brown's former special adviser seems to have lost the plot.

    If he was an advisor to Gordon Brown did he actually have a plot left to lose :think:
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Graham_Devon wrote: »
    ........So what do you think? Temporary blip again? Or something more........

    China is a serious "blip", it will cause waves here and there.......but it is not the weakest link in the chain.
    Only if the chain breaks in other places will we have a black swan. Nothing more for now..........but gold is still very cheap.
    ..._
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    mystic_trev wrote: »
    IG FTSE Futures say opening -90 tomorrow

    Now saying opening +60
  • Mistermeaner
    Mistermeaner Posts: 3,024 Forumite
    Part of the Furniture 1,000 Posts
    I'm on holiday

    It's lovely
    Left is never right but I always am.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    ASX was up a couple of percent despite the very obvious and large exposure to China.
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Part of the Furniture 1,000 Posts Name Dropper
    FTSE up 2.4% at time of writing....... or is this a 'dead cat bounce'.?

    WR
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 25 August 2015 at 11:15AM
    Wild_Rover wrote: »
    FTSE up 2.4% at time of writing....... or is this a 'dead cat bounce'.?

    WR

    It might well turn out to be the calm before the storm, but I invested a little yesterday (in the middle of the turmoil) because I thought:

    1. This might delay rates rising (USA and here).
    2. The SSE Composite is only where it was yesterday, about where it was in January and the FTSE was in the mid 6,000's then.
    3. The SSE seemed to be way overpriced anyway, much more than you could argue the same for the FTSE 100 and the S&P 500.
    4. I'm happy with the price that I was buying in at.
    5. Now pension funds can invest in the SSE Composite, which may help bring some stability in the mid to long term.

    But I've been wrong before, and it won't be the last time.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
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
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K 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.
Update Your Picture