Economy crash =/= stock market crash?

DoublePolaroid

If the dude throws out enough numbers, one is bound to eventually be correct, sufficient to "claim victory" which is basically what this entire thread is about.

Apropos of nothing, my 5 year old demonstrates the same approach to solving basic multiplication problems.

Type_45

FTSE 100 down 2% right now. 

quirkydeptless

"Drax powered ahead after JPMorgan Cazenove put the shares on "positive catalyst watch" and said it expects the company to upgrade guidance at its interim results"

FTSE 250 - Risers

Drax Group (DRX) 660.00p 1.93%

https://www.youtube.com/watch?v=anIOV6HmuBs

"He seems to have an eye for a good investment"

billy2shots

Here's a little food for thought for those of us who might think we are somewhere near a bottom (those that think we haven't started yet should stop reading on). 


The S&P 500 has been used as a reference point so I was reminding myself of past performance (yeah, I know the saying as well as you do). 

The historic return of the S&P 500 is - 10.7%

Over the past 5 years (before this recent drop) the Average return was - 15.3% per year. Almost 50% above 'average'. 

As of this minute, taking into account the YTD down turn the last 5 years average return is now - 10.97%



The general consensus is we have had a great run recently and everyone made easy money. Well this correction/crash has reverted this past 5 years back to the historical average. 

Of course this doesn't mean we won't still go lower but we could be closer to a bottom than many think. 

masonic

InvesterJones said:

masonic said:

The US dollar index shows the value of the dollar relative to a basket of other currencies. It does not mean that the dollar is increasing in intrinsic value.

It shows it's value compared to other currencies, which is the applicable measure when one is talking about which currencies are being held globally as a reserve.

I agree with you on that point, the dollar is being voted the reserve currency. But it is not worth as much as it was in the past, so not becoming more valuable or increasing in value. It is devaluing slower than average of those currencies in the basket.

Type_45

FTSE 100 finished down -2.94%.

Swipe

Type_45 said:

FTSE 100 finished down -2.94%.

WTi Oil down 10%, Brent down 9%

renegade1

Type_45 said:

FTSE 100 finished down -2.94%.

It'll auto correct no big deal

Type_45

Swipe said:

Type_45 said:

FTSE 100 finished down -2.94%.

WTi Oil down 10%, Brent down 9%

Recession is here.

Prism

Type_45 said:

Swipe said:

Type_45 said:

FTSE 100 finished down -2.94%.

WTi Oil down 10%, Brent down 9%

Recession is here.

Which country?