How much longer will this bear market go on for?

Millyonare

Interesting to see clear warnings today, from US and UK intelligence services, that Russia may well be inching closer to deploying tactical (local) nuclear bombs in Eastern or Central Ukraine, plus further clear warnings that undersea gas or Internet cables in the North Sea or Atlantic could well get cut by Russian mini-subs.

Type-45 may well get to see his -80% market crash!

Dyor, etc.

masonic

Type_45 said:

A recession of retail investors' portfolios is a necessary evil too.

Those invested in assets strongly linked to the UK economy, perhaps, but such assets are already heavily discounted. FTSE250 down nearly 30% YTD and that's in a rapidly devaluing currency - more like 50% in terms of real value. The rest of the world is looking on in bemusement.

Type_45

masonic said:

Type_45 said:

A recession of retail investors' portfolios is a necessary evil too.

Those invested in assets strongly linked to the UK economy, perhaps, but such assets are already heavily discounted. FTSE250 down nearly 30% YTD and that's in a rapidly devaluing currency - more like 50% in terms of real value. The rest of the world is looking on in bemusement.

The US, China and Europe are all entering recessions. It's not just the UK. And it's not the BoE who are "inducing a recession" as someone stated above. No inducement is necessary. A global bust is on the way. And these rate hikes will be slamming into the collapsing economies causing misery down the line. 

There is nowhere to hide your portfolio. There are no safe havens. 

Good morning.

Type_45

Millyonare said:

Interesting to see clear warnings today, from US and UK intelligence services, that Russia may well be inching closer to deploying tactical (local) nuclear bombs in Eastern or Central Ukraine, plus further clear warnings that undersea gas or Internet cables in the North Sea or Atlantic could well get cut by Russian mini-subs.

Type-45 may well get to see his -80% market crash!

Dyor, etc.

Keen to know why you think Russia would damage a pipe which it has complete control over and which makes it money any time the Russians want it to.  The Russians can simply switch the supply of gas off.

Does that pass the smell test to an intelligent person? 

Millyonare

Type_45 said:

Millyonare said:

Interesting to see clear warnings today, from US and UK intelligence services, that Russia may well be inching closer to deploying tactical (local) nuclear bombs in Eastern or Central Ukraine, plus further clear warnings that undersea gas or Internet cables in the North Sea or Atlantic could well get cut by Russian mini-subs.

Type-45 may well get to see his -80% market crash!

Dyor, etc.

Keen to know why you think Russia would damage a pipe which it has complete control over and which makes it money any time the Russians want it to.  The Russians can simply switch the supply of gas off.

Does that pass the smell test to an intelligent person? 

Whether it is a CIA false flag that has snipped the Baltic pipelines, or Russian madness, or an obscure accident, reality rarely matters at the moment. Investors (for now) only care about perception. Russia's going to get blamed for it, regardless. Just like Truss's tiny tax cuts got the blame for the BoE's big September rate cut by expectation. And the US dollar is perceived as a safe haven in Biden's calm hands, despite record debt, record tax freebies, and near-record inflation. Optics (rightly or wrongly) matter more than reality.

Type_45

Millyonare said:

Type_45 said:

Millyonare said:

Interesting to see clear warnings today, from US and UK intelligence services, that Russia may well be inching closer to deploying tactical (local) nuclear bombs in Eastern or Central Ukraine, plus further clear warnings that undersea gas or Internet cables in the North Sea or Atlantic could well get cut by Russian mini-subs.

Type-45 may well get to see his -80% market crash!

Dyor, etc.

Keen to know why you think Russia would damage a pipe which it has complete control over and which makes it money any time the Russians want it to.  The Russians can simply switch the supply of gas off.

Does that pass the smell test to an intelligent person? 

Whether it is a CIA false flag that has snipped the Baltic pipelines, or Russian madness, or an obscure accident, reality rarely matters at the moment. Investors (for now) only care about perception. Russia's going to get blamed for it, regardless. Just like Truss's tiny tax cuts got the blame for the BoE's big September rate cut by expectation. And the US dollar is perceived as a safe haven in Biden's calm hands, despite record debt, record tax freebies, and near-record inflation. Optics (rightly or wrongly) matter more than reality.

This I agree with. 

Type_45

"Many of today's problems are a result of yesterday's solutions"

Thomas Sowell

newatc

Millyonare said:

Type_45 said:

Millyonare said:

Interesting to see clear warnings today, from US and UK intelligence services, that Russia may well be inching closer to deploying tactical (local) nuclear bombs in Eastern or Central Ukraine, plus further clear warnings that undersea gas or Internet cables in the North Sea or Atlantic could well get cut by Russian mini-subs.

Type-45 may well get to see his -80% market crash!

Dyor, etc.

Keen to know why you think Russia would damage a pipe which it has complete control over and which makes it money any time the Russians want it to.  The Russians can simply switch the supply of gas off.

Does that pass the smell test to an intelligent person? 

Whether it is a CIA false flag that has snipped the Baltic pipelines, or Russian madness, or an obscure accident, reality rarely matters at the moment. Investors (for now) only care about perception. Russia's going to get blamed for it, regardless. Just like Truss's tiny tax cuts got the blame for the BoE's big September rate cut by expectation. And the US dollar is perceived as a safe haven in Biden's calm hands, despite record debt, record tax freebies, and near-record inflation. Optics (rightly or wrongly) matter more than reality.

It's not the tiny cuts the markets are against, it is a spending spree without having a plan on how to pay for it. 

Alistair31

Type_45 said:

Millyonare said:

Interesting to see clear warnings today, from US and UK intelligence services, that Russia may well be inching closer to deploying tactical (local) nuclear bombs in Eastern or Central Ukraine, plus further clear warnings that undersea gas or Internet cables in the North Sea or Atlantic could well get cut by Russian mini-subs.

Type-45 may well get to see his -80% market crash!

Dyor, etc.

Keen to know why you think Russia would damage a pipe which it has complete control over and which makes it money any time the Russians want it to.  The Russians can simply switch the supply of gas off.

Does that pass the smell test to an intelligent person? 

One suggestion: Putler instructed it be damaged to reduce likelihood of someone overthrowing him in cohoots with ‘the West’  in return for gas taps being turned back on. 

Another: clear demonstration of capability and ability to hold at risk other infrastructure of Western nations. Not afraid to act etc

Another: ‘we don’t need you for your gas dollars’ 

Or CIA op to increase U.S. LNG sales…

jcuurthht

Just ask, who has the most to gain from the Nord Stream pipeline being damaged:

Obviously it was the Norwegians!