US Stock Market Officially Crashes


Walter
#571
Quote: Originally Posted by pgs View Post

Did you avail yourself the opportunity?

Prahley not.
 
Walter
#572
US stock markets close at record highs. MAGA
 
Hoid
-1
#573
Us in record debt - record trade deficits with everyone including Canada.

Wall Street now rallying on the possibility that the Fed will cut rates in order to further enable this sputtering mess of an economy
 
pgs
Free Thinker
+1
#574
Quote: Originally Posted by Hoid View Post

Us in record debt - record trade deficits with everyone including Canada.

Wall Street now rallying on the possibility that the Fed will cut rates in order to further enable this sputtering mess of an economy

Yet Canada’s staggering debt is of no concern .
 
Danbones
Free Thinker
#575
Best go for something certain

shortsell the TSX and Canadian real estate.

It's what Trudie's masters, the bankers and minions like George Soros are doing.
 
Hoid
#576
Lol short sell Canadian real estate


Good luck
 
Danbones
Free Thinker
#577
I can see you are not really into "financials" at all.

INVESTING

Company News
Jun 3, 2019

Eisman's conviction on Canadian bank short a nine out of 10
https://www.bnnbloomberg.ca/eisman-s...f-10-1.1267973

U.S. short sellers betting on Canadian housing crash:
https://www.shuswaphomes.com/blog/u-...housing-crash/

I guess you are too young to member 2008.
 
Hoid
#578
You mean when the worlds financial markets went for a shit and Canadian real estate doubled in value?

How could I forget?
 
Walter
+2
#579
Dow above 27,000 for the first time ever
https://www.cnbc.com/2019/07/11/stoc...-rate-cut.html

Stoopid Trump policies. MAGA
 
JLM
No Party Affiliation
+1
#580
I see the D.J. is on its way back up this morning...………...no need to despair!
 
Hoid
#581
Take another look
 
Walter
#582
Quote: Originally Posted by JLM View Post

I see the D.J. is on its way back up this morning...………...no need to despair!

Progs love despair.
 
Hoid
#583
How that GE holdin up this morning?

Still paying that big one cent dividend?
 
JLM
No Party Affiliation
+1
#584
Quote: Originally Posted by Hoid View Post

Take another look


I did it's still climbing!
 
Hoid
+1
#585
Its almost back up to where it was 2 years ago!
 
JLM
No Party Affiliation
#586
Quote: Originally Posted by Hoid View Post

Its almost back up to where it was 2 years ago!


Can't you read a fcuking chart? It's exactly where it was June 10.
 
Hoid
#587
Also where it was january 2017, you old chart reader you
 
JLM
No Party Affiliation
#588
Quote: Originally Posted by Hoid View Post

Also where it was january 2017, you old chart reader you


I just brought up the 1 yr. chart.
 
Danbones
Free Thinker
#589
Madoff Whistleblower alleges that GE is a 'bigger fraud than Enron'

CNBC Television
Published on Aug 15, 2019
General Electric shares fell after Madoff whistleblower Harry Markopolos targets the conglomerate in a new report, calling it "a bigger fraud than Enron."

Markpolos released a 175-page report that claims General Electric has hidden the extent of its financial problems and will need to significantly raise insurance reserves. “My team has spent the past 7 months analyzing GE’s accounting and we believe the $38 Billion in fraud we’ve come across is merely the tip of the iceberg,” Markopolos says in the report.

A website has been set up to disseminate the report, www.GEfraud.com, where Markopolos calls it “a bigger fraud than Enron.” The financial investigator, who was probing GE for an unidentified hedge fund, writes that after more than a year of research he has discovered “an Enronesque business approach that has left GE on the verge of insolvency.”

Markopolos’s case centers around GE’s long-term care insurance unit, which the company had to boost reserves for by $15 billion last year. By examining the filings of GE’s counterparties in this business, he alleges that GE is hiding massive losses that will only increase as policy-holders grow older.

He claims that GE has filed false statements to regulators on the unit, or eight other insurance regulators have done so. Separately, he goes on to find issues with GE’s accounting on its oil and gas unit Baker Hughes.
https://www.youtube.com/watch?v=nL5FYLZoB7s
 
Curious Cdn
Conservative
#590
So THAT'S why Walter is so keen on GE. He has this thing about following Con artists.
 
Danbones
Free Thinker
#591
Yes well, My portfolio is the only one who listens to me.

I have tried to pass on thoughtful info for everyone's consideration in the past.

Like now might be a good time to consider gold and silver and HOLD the physical, and also consider cryptos. Also, consider our relative dollar value and realize they need credit to make and ship stuff world wide, and credit is going to be a real problem, while how do you buy stuff if your currency is trashed compared to all the others? Trudie sold ALL our gold, so our currency WILL be trash.

Likely the politicians will sell the country out to whoever has the current stash of global stealings and that will put all you whities out all "home on the range" doood.
 
Walter
#592
Quote: Originally Posted by Curious Cdn View Post

So THAT'S why Walter is so keen on GE. He has this thing about following Con artists.

Rent free.
 
Curious Cdn
Conservative
#593
Quote: Originally Posted by Walter View Post

Rent free.

Light switch is on.

No power.
 
MHz
#594
Quote: Originally Posted by Danbones View Post

Yes well, My portfolio is the only one who listens to me.

I have tried to pass on thoughtful info for everyone's consideration in the past.
.

The US goes through a financial disaster every 7 years, since 1913, like clockwork. When you spot that pattern in North America there should be another part of the globe that is doing better and when the US is at it's best some other areas have to get worse. At the present Iran and Syria and a few other places will be doing a lot of buying and spending and the most likely spot is North America.
Think of it as being the difference the last 70 years would have made for the UK if she had won both World Wars without the help of the US so all the wealth the US got should have all gone to just the UK. They are not happy with the Bankers that arranged that but that step down is better than the US will fare when we are blacklisted from the rest of the world like SNC is.
 
MHz
#595
Quote: Originally Posted by Curious Cdn View Post

Light switch is on.

No power.

Once you turn it on it never goes off again. You are still waiting for your light to come on, that is very clear by your confession, . I mean post of course.
 
JLM
No Party Affiliation
#596
Quote: Originally Posted by Hoid View Post

Take another look


The D.J. continues to accelerate on the way up.
 
Hoid
+1 / -1
#597
Quote: Originally Posted by JLM View Post

I just brought up the 1 yr. chart.

to check on what happened two years ago?

you really are an expert
 
Hoid
+1 / -1
#598
Quote: Originally Posted by JLM View Post

The D.J. continues to accelerate on the way up.

the way sideways
 
JLM
No Party Affiliation
#599
Quote: Originally Posted by Hoid View Post

to check on what happened two years ago?

you really are an expert


You really are an idiot. I'm not at all interested in what happened two years ago. What can we do about it? What was significant on Aug. 15, 2017?
 
Hoid
+1 / -1
#600
In january 2017 the DJIA was the same as it is today.

I won't give you the answer but if you had to guess what do you think it means?
 

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