stock market was up today...

[Velo Vol]

And yet it's still way higher than when Biden took office. I think we need to start admitting it's not really the indicator people claim. I've heard it described as a measure of rich people's feelings and find that to be more accurate

I don't think we've had more than a 5% pullback since Biden was elected. Any small selloff and more people are there to buy. Market is up 20% this year . . .

 

[jvol1]

It's been more about the easing than the president since Obama was in office. I'd expect a (small) correction once the tapering starts.

 

[Orange_Vol1321]

 

[SpaceCoastVol]

Blood bath today..... ugh.

 

[85SugarVol]

Blood bath today..... ugh.

Gonna get nasty for sure. Hope everyone has a little dry powder.

 

[Ernest T. Vol]

The Evergrande variant making financials sick,

 

[Obsessed]

View attachment 395706

Black swan?

 

[SpaceCoastVol]

The Evergrande variant making financials sick,

I thought that was a pseudonym for general Chinese Flu douchebaggery. Damn....

 

[05_never_again]

Black swan?

Problems in the Chinese real estate market are about as predictable as the sun rising in the morning.

 

[lawgator1]

Problems in the Chinese real estate market are about as predictable as the sun rising in the morning.

Explain if you would please. I am unfamiliar but find it interesting that any property ownership/management group could fail these days.

 

[Obsessed]

Explain if you would please. I am unfamiliar but find it interesting that any property ownership/management group could fail these days.

300 billion in debt.

 

[05_never_again]

Explain if you would please. I am unfamiliar but find it interesting that any property ownership/management group could fail these days.

Under-occupied developments in China - Wikipedia

Some of the developments were actually successful (i.e., they eventually did fill in), but it is just a matter of time before that blows up if you operate that way indefinitely.

 

[hog88]

Explain if you would please. I am unfamiliar but find it interesting that any property ownership/management group could fail these days.

Trump must be managing them right?

 

[SpaceCoastVol]

Explain if you would please. I am unfamiliar but find it interesting that any property ownership/management group could fail these days.

Really?? Your beloved government has allowed thousands if not millions to basically squat without having to pay their rent. SOMEBODY has to pay the banks.

Did you really graduate law school?

 

[utvolpj]

Really?? Your beloved government has allowed thousands if not millions to basically squat without having to pay their rent. SOMEBODY has to pay the banks.

Did you really graduate law school?

LG is Chinese?

 

[Vol737]

China is going to backstop the hell out of their banks. They own them.

 

[05_never_again]

China is going to backstop the hell out of their banks. They own them.

It's essentially a closed system. People asking "if" they will bail out Evergrande (or anybody else impacted) is hilarious to me.

 

[85SugarVol]

Nasdaq down 400 pts. Ouch.

 

[Vol737]

It's essentially a closed system. People asking "if" they will bail out Evergrande (or anybody else impacted) is hilarious to me.

I’m thinking this is a little bit of a buying opportunity here (US Markets). Got a good bit of cash to deploy and just add to the stuff I already own and will hold for a good while. Got out of China a long time ago, won’t return.

 

[NorthDallas40]

Blood bath today..... ugh.

Due to the post right above yours.

 

[lawgator1]

Trump must be managing them right?

 

[lawgator1]

LG is Chinese?

 

[volinbham]

I don't think we've had more than a 5% pullback since Biden was elected. Any small selloff and more people are there to buy. Market is up 20% this year . . .

Not sure which market you are looking at but:

Dow up 11%, NASDAQ up 13.5%, S&P up 16%

 

[Velo Vol]

Not sure which market you are looking at but:

Dow up 11%, NASDAQ up 13.5%, S&P up 16%

 

[VolStrom]

Not sure which market you are looking at but:

Dow up 11%, NASDAQ up 13.5%, S&P up 16%

Nobody cares about the real market anymore, how much are the faux coins up this year?