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Economy crash =/= stock market crash?

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  • Type_45
    Type_45 Posts: 1,723 Forumite
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    edited 22 June 2022 at 8:37AM
    UK inflation hits 9.1%.  And the markets are a bloodbath.

    Good morning.
  • Alistair31
    Alistair31 Posts: 981 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    Oil dropping 
  • lozzy1965
    lozzy1965 Posts: 549 Forumite
    Tenth Anniversary 500 Posts Name Dropper Photogenic
    Type_45 said:
    UK inflation hits 9.1%.  And the markets are a bloodbath.

    Good morning.
    Thank you for that in depth financial analysis. FYI they were up a bit yesterday they are down a bit today.
  • lozzy1965 said:
    Type_45 said:
    UK inflation hits 9.1%.  And the markets are a bloodbath.

    Good morning.
    Thank you for that in depth financial analysis. FYI they were up a bit yesterday they are down a bit today.
    We all know Type_45 doesn't look at the markets on green days. Hence no post yesterday that S and P up >2%

    If drops 2% today - we will be treated to an 'S and P is a bloodbath' post. Hence, despite how transparent what they are doing it, Type_45 can convince themselves their prediction is coming to pass and they are an economic guru. 


  • lozzy1965
    lozzy1965 Posts: 549 Forumite
    Tenth Anniversary 500 Posts Name Dropper Photogenic
    lozzy1965 said:
    Type_45 said:
    UK inflation hits 9.1%.  And the markets are a bloodbath.

    Good morning.
    Thank you for that in depth financial analysis. FYI they were up a bit yesterday they are down a bit today.
    We all know Type_45 doesn't look at the markets on green days. Hence no post yesterday that S and P up >2%

    If drops 2% today - we will be treated to an 'S and P is a bloodbath' post. Hence, despite how transparent what they are doing it, Type_45 can convince themselves their prediction is coming to pass and they are an economic guru. 


    Ahhhhh, I've just worked it out and I think Type_45 is correct after all!  The 80% drop prediction is the sum of all the 'drops'!  So 1.8 here, 2 there and before long we have got to 80.  The index is at +10% by then but hey, there was, in a sense, a sort of 80% drop!
  • Swipe
    Swipe Posts: 5,720 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Type_45 said:
    UK inflation hits 9.1%.  And the markets are a bloodbath.

    Good morning.
    Almost recovered from the 8am drop
  • Zola.
    Zola. Posts: 2,204 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 22 June 2022 at 12:18PM
    Is this thread going to go on forever every up and every down as it fits the bull and bear narrative?   :|

    I thought the bitcoin thread was getting boring...
  • Type_45
    Type_45 Posts: 1,723 Forumite
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    It's not "up and down" though. The trend is down. 
  • Zola.
    Zola. Posts: 2,204 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Thats good for us younger folk in the wealth building phase. 
  • Swipe
    Swipe Posts: 5,720 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Zola. said:
    Thats good for us younger folk in the wealth building phase. 
    But not good for us retirees.
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