Re:Stocks Off Sharply as Market Upheaval Grows
by joeyspn on Monday August 24, 2015 @10:20AM
(#10109906)
> It's hard for me to tell whether this is just a "correction" or an actual meltdown.
You can't really anticipate the exact timing of plunges, but feels like the start of the financial crash that many people has been expecting for this September. This has been talked during months in non-mainstream financial websites like ZH. So it shouldn't really come as a surprise to anyone that follows the markets closely...
> How is it fair that the markets get put on pause if they're failing? I really don't understand.
Deutsche Bank said this morning:
"The fragility of this artificially manipulated financial system was exposed over the last couple of days of last week. It all ended with the S&P 500 falling -3.19% on Friday - its worst day since November 9th 2011."
You can't really anticipate the exact timing of plunges, but feels like the start of the financial crash that many people has been expecting for this September. This has been talked during months in non-mainstream financial websites like ZH. So it shouldn't really come as a surprise to anyone that follows the markets closely...
> How is it fair that the markets get put on pause if they're failing? I really don't understand.
Deutsche Bank said this morning:
"The fragility of this artificially manipulated financial system was exposed over the last couple of days of last week. It all ended with the S&P 500 falling -3.19% on Friday - its worst day since November 9th 2011."