Market Trends

[kolchak]

Thought a market thread would be a good idea

Just to kick it off, international markets have been a bit jittery, might be a flow on affect today, shouldn't be too bad all the same.

 

[Scratcher Gillespie]

I don't think there's much underlying weakness in either the Chinese or Australian economy, and so far the US housing downturn has had a fairly negligible effect on consumption. The downturn looks as though it has a fair way to run, and if it starts affecting consumption levels in the US, this will drive a world-wide economic slowdown.

If everything continues as it is at the moment, it will most likely be a say month-long period of lower stock prices and high volatility - to be expected after such a tremendous run.

 

[kolchak]

What will the US do?

Not expecting an answer, just an opinion

 

[kolchak]

market is down