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Started By
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Today's Yahoo Finance Headlines read like Paul Simon's 7 O'clock News / Silent Night
Posted on 8/5/24 at 5:07 am
Posted on 8/5/24 at 5:07 am
Today's News is nasty
• Global stock sell-off looks set to continue
• Apple stock slumps as Berkshire cuts stake
• Oil prices drop as US recession fears spark broader selloff
• SoftBank Group shares plunge most since going public in 1998
• European tech stocks gripped by US recession fears
• Bitcoin plunges, Ether hits 2021 lows in crypto rout
• Treasurys surge as traders bet on emergency Fed rate cut
• Japan's Nikkei sees biggest rout since 1987 Black Monday
• European Stocks Drop Most in Two Years as Global Rout Deepens
• Emerging Stocks Hit Worst Losses Since 2022 in Global Rout
• Global stock sell-off looks set to continue
• Apple stock slumps as Berkshire cuts stake
• Oil prices drop as US recession fears spark broader selloff
• SoftBank Group shares plunge most since going public in 1998
• European tech stocks gripped by US recession fears
• Bitcoin plunges, Ether hits 2021 lows in crypto rout
• Treasurys surge as traders bet on emergency Fed rate cut
• Japan's Nikkei sees biggest rout since 1987 Black Monday
• European Stocks Drop Most in Two Years as Global Rout Deepens
• Emerging Stocks Hit Worst Losses Since 2022 in Global Rout
2
Posted on 8/5/24 at 6:21 am to NC_Tigah
Reads like a primer to a Great Recession. Would be very cautious buying right now.
Posted on 8/5/24 at 6:34 am to Hookah
quote:I've been thru 4 stock crashes, and come out better off 3 of the 4. The only time I didn't come out smelling rosy was because I didn't buy.
Would be very cautious buying right now.
Posted on 8/5/24 at 6:45 am to Asharad
Well same here but I usually wait for the carnage to finish. I’d rather catch a rebound vs a falling knife
Posted on 8/5/24 at 6:49 am to Hookah
quote:
Well same here but I usually wait for the carnage to finish.
Let us know when that is, would ya?
Posted on 8/5/24 at 7:39 am to Hookah
quote:
Would be very cautious buying right now.
Insert most famous buffet quote here
Posted on 8/5/24 at 7:48 am to Hookah
quote:
Reads like a primer to a Great Recession
When does a recession turn into a depression
Posted on 8/5/24 at 8:23 am to Pikes Peak Tiger
quote:
When does a recession turn into a depression
A recession is when your neighbor doesn't have a job. A depression is when you don't have a job.
Posted on 8/5/24 at 5:46 pm to VABuckeye
quote:
Let us know when that is, would ya?
Sustained movement upwards, usually lasting 2 months is my rule of thumb. Never said anything about timing the bottom
Posted on 8/5/24 at 6:17 pm to NC_Tigah
quote:Oil finished up.
• Oil prices drop as US recession fears spark broader selloff
quote:The 10-year was basically unchanged on the day. The five year yield went UP.
Treasurys surge as traders bet on emergency Fed rate cut
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