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Autumn Stock Market Crashes / Second wave

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  • Hopefully better than last  :)
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    sebtomato said:
    As a second Covid-19 wave in the Autumn/Winter looks very likely, 
    Second wave? The first wave never went away. Has simply been managed. 
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    DiggerUK said:

    The knee jerk nonsense of shutting down most of the economy is the gorilla in the room. 
    Brazil has no lockdown if you fancy joining the party. 
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 21 August 2020 at 1:46PM
    eskbanker said:
    sebtomato said:
    As a second Covid-19 wave in the Autumn/Winter looks very likely, I guess we can brace ourselves for another stock market crash.
    Foreseeable events that are 'very likely' to happen would typically already be priced in by markets, it's generally surprises that tend to cause turbulence....
    Much of the global economy looks pretty grim. Doesn't appear to be stopping retail investors piling into passsive investments. 
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
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    DiggerUK said:

    The knee jerk nonsense of shutting down most of the economy is the gorilla in the room. 
    Brazil has no lockdown if you fancy joining the party. 
    Random contrarian points have a time and a  place. But not now. 
    The U.K. had no lockdown in 1968/9 during "Hong Kong/ Mao Flu" and until it was reported on recently in the media I had not realised I lived through it in my late adolescence/early adulthood. Over 70,000 died and everybody got on with a normal life.

    Sweden has had  no shutdown and is not in such a precarious health or economic crisis as the UK. 
    Neither are there any reports from Brazil or Sweden that the figures for Covid deaths and patient numbers admitted to hospital with  Covid being exaggerated and made up as they have been here.

    The economic crisis has nothing to do with Covid, this GFC2 is nothing more nor less than the unresolved problems from GFC1. The OP starts from a bizarre comparison, when what we should be doing this Autmn is facing up to a longer recession that just might become a depression..._
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    DiggerUK said:
    DiggerUK said:

    The knee jerk nonsense of shutting down most of the economy is the gorilla in the room. 
    Brazil has no lockdown if you fancy joining the party. 

    Sweden has had  no shutdown and is not in such a precarious health or economic crisis as the UK. 

    Sweden needs to be compared to other Nordic countries not the UK.  
  • People ask all the time how you would feel/ what you would do in the event of a 50% crash. Less talked about is the opportunity cost of sitting out a rising market. But the consequences are just as real.
  • Sailtheworld
    Sailtheworld Posts: 1,551 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    eskbanker said:
    sebtomato said:
    As a second Covid-19 wave in the Autumn/Winter looks very likely, I guess we can brace ourselves for another stock market crash.
    Foreseeable events that are 'very likely' to happen would typically already be priced in by markets, it's generally surprises that tend to cause turbulence....
    Much of the global economy looks pretty grim. Doesn't appear to be stopping retail investors piling into passsive investments. 
    It was looking pretty grim in March as well....

    Perhaps some people have learnt a valuable lesson about their investment skills in the intervening few months? Some definitely haven't and are probably still coming up with nonsense about bouncing cats to explain their wrongness.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 21 August 2020 at 4:09PM
    eskbanker said:
    sebtomato said:
    As a second Covid-19 wave in the Autumn/Winter looks very likely, I guess we can brace ourselves for another stock market crash.
    Foreseeable events that are 'very likely' to happen would typically already be priced in by markets, it's generally surprises that tend to cause turbulence....
    Much of the global economy looks pretty grim. Doesn't appear to be stopping retail investors piling into passsive investments. 
    It was looking pretty grim in March as well....

    Perhaps some people have learnt a valuable lesson about their investment skills in the intervening few months? Some definitely haven't and are probably still coming up with nonsense about bouncing cats to explain their wrongness.
    Hindsight is what trips many investors up. Best to look where you are going. Otherwise there's danger that you'll fall into a hole. 
  • Sailtheworld
    Sailtheworld Posts: 1,551 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    eskbanker said:
    sebtomato said:
    As a second Covid-19 wave in the Autumn/Winter looks very likely, I guess we can brace ourselves for another stock market crash.
    Foreseeable events that are 'very likely' to happen would typically already be priced in by markets, it's generally surprises that tend to cause turbulence....
    Much of the global economy looks pretty grim. Doesn't appear to be stopping retail investors piling into passsive investments. 
    It was looking pretty grim in March as well....

    Perhaps some people have learnt a valuable lesson about their investment skills in the intervening few months? Some definitely haven't and are probably still coming up with nonsense about bouncing cats to explain their wrongness.
    Hindsight is what trips many investors up. 
    Calling 365 of the last 1 crashes seems to trip a few up too.
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