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Old February 6th, 2018, 04:12 PM   #1
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Why did the US stock market crash on Monday?

'
Why did the US stock market crash on Monday?

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Crashes this big tend to happen when the market is massively overvalued.... In particular, the ratio of stock prices to corporate earnings is almost higher than it has ever been.

And the market remains seriously overvalued: even if shares fell by 50 percent from today’s level, they’d still be twice as expensive as they have been, on average, for the last 140 years.
.
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Old February 7th, 2018, 05:00 AM   #2
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good post- very interesting article
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Old February 7th, 2018, 05:19 AM   #3
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LOL! The market dropped back LESS than 1/4 from the gain over Trump's FANTASTIC 1st year!!!

4 steps up and 1 step back is pretty darn good!!!

Quote | Fox Business

My investment and 401K account made far more over the last year, than I EVER did working!

Last edited by Ralph47; February 7th, 2018 at 05:26 AM.
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Old February 7th, 2018, 08:34 AM   #4
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Market up almost 300 today so far.

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Old February 7th, 2018, 08:46 AM   #5
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it was humorous after Monday watching the leftist hordes on twitter celebrating with glee the potential crash while blaming Trump.

...then it bounced back and now they're sad again.
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Old February 7th, 2018, 08:50 AM   #6
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Yeah that's right-Trump is responsible for the market gains but Obama is responsible for the big sell off according to Hanity. Wrong on both accounts. Anyone who thinks a President at any particular time is responsible for stock market moves needs to go back and break out the introduction to economics text. For all of you that think the Mango Haired Monster should be given credit for the Dow-how come almost all of the foreign markets outperformed the US market in 2017? Is trump that influential that he made all the economies recover this year? or maybe it was positive growth in all markets around the globe for the first time in a many years. I think I will go with the later.
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Old February 7th, 2018, 08:54 AM   #7
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Quote:
Originally Posted by arcturus88 View Post
it was humorous after Monday watching the leftist hordes on twitter celebrating with glee the potential crash while blaming Trump.

...then it bounced back and now they're sad again.
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Old February 7th, 2018, 08:57 AM   #8
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Originally Posted by rgf View Post
Yeah that's right-Trump is responsible for the market gains but Obama is responsible for the big sell off according to Hanity. Wrong on both accounts. Anyone who thinks a President at any particular time is responsible for stock market moves needs to go back and break out the introduction to economics text. For all of you that think the Mango Haired Monster should be given credit for the Dow-how come almost all of the foreign markets outperformed the US market in 2017? Is trump that influential that he made all the economies recover this year? or maybe it was positive growth in all markets around the globe for the first time in a many years. I think I will go with the later.
If investors are pleased and confident with a President's economy friendly policies, they BUY and stocks go up.

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Old February 8th, 2018, 09:29 AM   #9
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I think the Monday stock massacre had a lot to do with programed trading. The big boys on the street have some of the most powerful computers in private hands programed to make trades in fractions of a second. If they all managed to get together they could take the Dow to the bottom (within trading limits) or make it hit the roof.
Sea Story:Back in the day I worked at a design firm in NYC working on nuclear power plants-we couldn't run any stress analysis after 3PM as the company had leased the computer space to the wall street firms for their money float transactions and their overseas trading. My company made more $$$ doing that then doing engineering work. If that was 30 years ago can you imagine what they can do today? Can you imagine if the Ruusskis hacked those machines?
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Old February 8th, 2018, 09:59 AM   #10
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rgf,

where-abouts do you live in NC?
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Old February 8th, 2018, 10:45 AM   #11
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I live on the western side of the state.
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Old February 8th, 2018, 10:45 AM   #12
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I think I scared him off?
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Old February 8th, 2018, 12:18 PM   #13
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https://www.express.co.uk/news/world...ash-2009-crash


Quote:
The philanthropist turned up the dial of his terrifying statements by claiming that eventually, markets are going to become direr than the 2009 and 1929 crashes that both plunged the world into extreme economic hardship. He explained: "Eventually, there's going to be a bigger problem than 2009 and 1929, eventually."A major storm is coming, could be five years, could be five months.
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Old February 8th, 2018, 12:30 PM   #14
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I think I scared him off?
I don't think he visits the site very much.

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Old February 9th, 2018, 06:07 AM   #15
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I think I scared him off?
you bully....
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Old February 9th, 2018, 03:15 PM   #16
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'
Down, down, down....

No more hebephrenic celebration of the stock market, Ralphie?
.
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Old February 9th, 2018, 03:42 PM   #17
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Quote:
Originally Posted by numan View Post
'
Down, down, down....

No more hebephrenic celebration of the stock market, Ralphie?
.
Up BIG today, and yes indeed I celebrate!!!


Last edited by Ralph47; February 9th, 2018 at 03:46 PM.
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Old February 9th, 2018, 03:52 PM   #18
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Up BIG today, and yes indeed I celebrate!!!

Just not nephronically!!!
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Old February 11th, 2018, 03:43 PM   #19
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it was humorous after Monday watching the leftist hordes on twitter celebrating with glee the potential crash while blaming Trump.

...then it bounced back and now they're sad again.
If he can own the gains, he can own the crash. And it was Fox breaking in mid brag to report that the crash had happened that had the left so gleeful.
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Old February 11th, 2018, 04:10 PM   #20
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If he can own the gains, he can own the crash. And it was Fox breaking in mid brag to report that the crash had happened that had the left so gleeful.
WHAT crash? Market still up 2,000 points from one year ago.

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