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Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Mon 06 May 2019, 13:58:29
by Yoshua
marmico wrote:
The U S is basically net energy depleted and can't produce the goods it needs.


Ha! Ha! Yoshua is one of the last of the ETP Bozo's Side Car Clowns.

Image
https://www.eia.gov/todayinenergy/detail.php?id=38152


The U.S current account deficit (total energy) has improved somewhat...but is still negative.

You want to have look you monkey?

https://d3fy651gv2fhd3.cloudfront.net/c ... 2=20191231

Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Mon 06 May 2019, 15:04:25
by Yoshua
Europe needs dollars to pay for energy and commodity imports. Europe has a current account deficit with the U.S.

So when the trade with the rest of the world goes minus too, the ECB has to beg for dollars from the Fed. They call it a swap (euros for dollars).

Now if only the world would accept euros. Then we wouldn't have this problem.

Iran has lately said that they will accept euros for their oil. But so again...so did Iraq and Libya and it didn't turn out so well for them...

Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Tue 07 May 2019, 05:33:54
by Yoshua
The world stock market has broken down from its rising wedge...as the global economy slows down with USD 230 Trillion in debt.

As we also at peak oil?

https://pbs.twimg.com/media/D59HqD4WwAA ... name=large

Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Tue 07 May 2019, 11:15:38
by asg70
Yoshua wrote:As we also at peak oil?


Nope.

Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Tue 07 May 2019, 12:25:18
by Armageddon
Central banks purchased the most #gold in six years to reduce their dependence on the U.S. dollar $PHYS $CEF bloomberg.com/news/articles/…

Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Tue 07 May 2019, 13:18:41
by Outcast_Searcher
Armageddon wrote:Central banks purchased the most #gold in six years to reduce their dependence on the U.S. dollar $PHYS $CEF bloomberg.com/news/articles/…

So you don't know how to post a working link?

If the dollar is such a problem, why is the DXY so solid in recent months? Why is it up in the past year, and up a lot in the past 5 years?

https://www.tradingview.com/symbols/TVC-DXY/

I do know how to post a working link. You just copy and paste the link. :roll:

Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Tue 07 May 2019, 13:25:09
by Outcast_Searcher
Yoshua wrote:The world stock market has broken down from its rising wedge...as the global economy slows down with USD 230 Trillion in debt.

As we also at peak oil?

https://pbs.twimg.com/media/D59HqD4WwAA ... name=large

If you post enough "rising wedge" nonsense, do you suppose you'll get one right once in a while?

Meanwhile, in the real world, fundamentals matter.

Of course, your posts show you know nothing about economic fundamentals, so never mind.

Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Tue 07 May 2019, 13:40:10
by Outcast_Searcher
Yoshua wrote:China can't print dollars. No one accepts yuan. China can't create a USD 18 Trillion external debt like the U.S. China is just the one bowl of rice workforce.

Your economic "analysis" is so pitiful, it's amazing you still bother. Oh yes. Fast crash doomer. Never mind. :roll:

China has a gigantic pool of foreign currency reserves. The FOREX markets exist and are highly liquid. Pretending like China can't have PLENTY of dollar holdings if that what it wants is TOTAL nonsense, but thanks for playing.

https://en.wikipedia.org/wiki/Foreign-e ... s_of_China

Note that their foreign currency reserves are the largest of ANY nation, BTW.

Also, China is in the process of growing its economy beyond that of the US. It has already far passed the US in things like passenger autos. Calling China "one bowl of rice" is ignorant and racist.

China also is gaining a respectable amount of income per capita of well over $7000, with that nearly doubling over the past decade.

https://tradingeconomics.com/china/gdp-per-capita

Do you EVER attempt to have a GLIMMER of what you're talking about re economics before posting, or do you imagine that ANY all doom, all the time post is somehow "contributing" to the site?

It's not like I had to do more than a couple of 15 second searches, and cite them to document my points with credible links, BTW. (That's how adults tend to verify that they are correct in their ideas, when discussing objective issues).

Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Tue 07 May 2019, 17:52:49
by Cog
Doomers typically skim by some doomerish article on zerohedge or some other doomer site. Then they don't even read the underlying article, just copy and paste the scary headline. Rinse and repeat daily.

Stock Market Crash! (merged) Pt. 6

Unread postPosted: Tue 07 May 2019, 20:23:26
by Armageddon
Cog wrote:Doomers typically skim by some doomerish article on zerohedge or some other doomer site. Then they don't even read the underlying article, just copy and paste the scary headline. Rinse and repeat daily.



And cornies never read it. There only know what is happening in the world from what FOX news tells them.

Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Wed 08 May 2019, 04:22:39
by Yoshua
The credit default swap index on investment grade bonds has broken out. Another credit event is coming? Last one was when the markets started to crash in November - December 2018.

Mnuchin is on the phone again?

https://pbs.twimg.com/media/D6ANly4WAAE ... me=900x900

Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Wed 08 May 2019, 04:50:24
by Cog
You do understand the market did nothing but go up since December 2018? But who am I to stand in the way of more doom with actual facts?

Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Wed 08 May 2019, 10:31:07
by Yoshua
Oki, I see my mistake in wording.

The markets crashed in November - December...and then turned up again after Christmas.

Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Wed 08 May 2019, 10:55:05
by Yoshua
Well...the FACT is that the markets are down since the beginning of May though.

Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Wed 08 May 2019, 11:42:48
by Yoshua
"SENIOR WHITE HOUSE OFFICIAL WARNS EUROPEAN BANKS, INVESTORS, BUSINESSES AGAINST INVOLVEMENT WITH NON-DOLLAR PAYMENT SYSTEM FOR TRADE WITH IRAN"

The diplomats have taken over the Whitehouse in coup d'etat?

Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Wed 08 May 2019, 13:45:23
by rockdoc123
Well...the FACT is that the markets are down since the beginning of May though.


and the other fact is that is 5 trading days....oh, my gosh, sell everything!! :roll:

S&P was 2945 on May 3 and is currently at 2884 a fall of 2% but it was at 2351 on December 24th which means it is still 18% above the late 2018 correction low. Hard to make a disaster story out of those facts.

Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Thu 09 May 2019, 00:59:59
by Yoshua
Industry and semiconductor recession.

The stock markets have moved in the opposite direction.

https://pbs.twimg.com/media/D18cxo0WoAA ... name=small

Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Thu 09 May 2019, 01:16:03
by Outcast_Searcher
Armageddon wrote:
Cog wrote:Doomers typically skim by some doomerish article on zerohedge or some other doomer site. Then they don't even read the underlying article, just copy and paste the scary headline. Rinse and repeat daily.



And cornies never read it. There only know what is happening in the world from what FOX news tells them.

So in your mind cornies are all right wingers? That's about as credible as your end of the economic world any time now claims, along with various revisions, of course.

Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Thu 09 May 2019, 01:18:48
by Outcast_Searcher
Yoshua wrote:Well...the FACT is that the markets are down since the beginning of May though.

You do know that the recent downturn is worries about trade wars, not a problem with the economy, right?

Re: Stock Market Crash! (merged) Pt. 6

Unread postPosted: Thu 09 May 2019, 06:39:14
by Yoshua
There is a real economic slowdown in Asia and Europe. The U.S economy has done better. The slowdown will have some effect on the U.S economy though.

The U.S stock market will need a correction. But the real bubbles are in China and Europe. The next crisis will hit the European core: Germany

https://pbs.twimg.com/media/D6E8ceyUUAA ... name=small