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Feb 7: S&P 500 closes lower in biggest reversal since February 2016 -- Dow lower in its biggest reversal since August 2015
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Japan's Nikkei stock index falls more than 1,200 points — about 5 percent

Japan's benchmark Nikkei 225 index fell more than 1,200 points early on Tuesday, tracking steep losses seen overnight on Wall Street.

https://www.cnbc.com/2018/02/0...market-sell-off.html
 
Posts: 61 | Registered: August 28, 2017Reply With QuoteReport This Post
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Trump's biggest victory — tax cuts — could lead to the demise of his beloved bull market

President Donald Trump's tax cuts may lead to inflationary conditions and the end of the nine-year bull market for stocks.

Billionaire hedge fund manager Dan Loeb specifically called out the risk of inflation to the market rally last month.

https://www.cnbc.com/2018/02/0...ved-bull-market.html

Some are concerned adding fiscal stimulus at this late stage of the economy cycle with a jobs markets at or near full employment will spur a rise in inflation.

Former Federal Reserve chairman Alan Greenspan predicted both inflation and interest rates will surge higher as a result of the country's growing national debt and budget deficit.

"We are dealing with a fiscally unstable long-term outlook in which inflation will take hold," Greenspan said in an interview on Bloomberg Television Wednesday. "I think we're getting to the point now where the breakout is going to be on the inflation upside. The only question is when."

The rates breakout may have started last week.
 
Posts: 61 | Registered: August 28, 2017Reply With QuoteReport This Post
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Global sell-off continues into Asia with Japan and Hong Kong plunging

https://www.cnbc.com/2018/02/0...-rates-decision.html

Japan's Nikkei 225 was down 5.26 percent, or 1,194.21 points, as stocks across sectors pulled back. Automakers, financials and technology names were lower in the morning, with Toyota down 3.47 percent.

Among other blue chips, SoftBank Group tumbled 5.14 percent and Fanuc Manufacturing lost 6.29 percent. Fast Retailing sank 6.1 percent.

Across the Korean Strait, the Kospi declined 2.98 percent. Blue chip technology names were lower, with Samsung Electronics and SK Hynix down 1.88 percent and 1.99 percent early in the session. Among automakers, Hyundai Motor traded briefly in positive territory, but later slipped 2.83 percent.

Down Under, the S&P/ASX 200 declined 2.98 percent on broad-based selling across sectors. The energy sub-index was among the worst-performing in the morning, falling 4.03 percent as energy-related stocks declined following oil prices' move lower. Santos fell 4.05 percent and Oil Search lost 2.93 percent.

The heavily weighted financials sector was also sharply lower, with Australia's "Big Four" banks trading in negative territory on the day. ANZ was down 3.72 percent and Westpac tumbled 3.48 percent.

The Hang Seng Index was down 4.3 percent as stocks sold off across sectors. Among financials, heavyweight HSBC fell 3.38 percent and China Construction Bank lost 5.33 percent. Tech giant Tencent tumbled 5.4 percent. Energy-related stocks also extended declines on Tuesday, with CNOOC tumbling 6.46 percent.

Mainland stocks, which had risen in the last session, followed the region lower on Tuesday. The Shanghai composite slid 2.13 percent and the Shenzhen composite lost 2.68 percent.

Other market indexes in the region also took a beating on Tuesday: Taiwan's Taiex lost 4.54 percent, Vietnam's benchmark VN Index fell 6.17 percent and Malaysia's KLCI tumbled 2.77 percent in the morning.
 
Posts: 61 | Registered: August 28, 2017Reply With QuoteReport This Post
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What goes up must come down. Isaac Newton
Read more at: https://www.brainyquote.com/qu.../isaac_newton_690207
 
Posts: 899 | Location:  | Registered: April 23, 2015Reply With QuoteReport This Post
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Dow futures point to a more than 1,200-point fall at the open

https://www.cnbc.com/2018/02/0...cent-on-the-day.html
 
Posts: 61 | Registered: August 28, 2017Reply With QuoteReport This Post
five nipple points
Picture of itsme
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quote:
Originally posted by Charlie:
quote:
You sound like DO. You can't eat 10's and 20's either but you have those don't you? Yup.And you know that PM's are for daily tits and ass right now, but IF it ever REALLY comes down, it'll be good to have some, not all, but some.Stashed right next to your beans, bullets and band-aids.


Well....Lard Ass has no gold, no silver and likely no 10's and 20's around. I use the spread it around method. The final back up is tangible goods and lead. Lead is very valuable especially when stored in a brass container with some other ingredients that make it move quickly.


Thumbs Up


.=.=.=.=.=.=.=.=.=.=.=.=.=.=.=.=.

Do you like my boobies?

Please, please no picture's.

Repeal the 19th.
 
Posts: 1215 | Location: In your mother. | Registered: August 15, 2014Reply With QuoteReport This Post
Picture of Uncle Dow
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S&P 500 closes lower in biggest reversal since February 2016

The S&P 500 pulled back 0.5 percent after rising as much as 1.2 percent. The Dow logged its biggest reversal since August 2015.

https://www.cnbc.com/2018/02/0...s-on-the-agenda.html
 
Posts: 61 | Registered: August 28, 2017Reply With QuoteReport This Post
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Well it’s bitcoin for me from now on
 
Posts: 899 | Location:  | Registered: April 23, 2015Reply With QuoteReport This Post
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