Wall street losses rip through global markets, page-5

  1. 775 Posts.
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    There is nearly always going to be a technical bounce. Is it a dead cat bounce? Given that NORMALLY a sell off this big is due to some specific thing that the general public (you would think) would know about, but that this time there is no such obvious story, I am not seeing a dead cat. Good for you I hope you make a killing off this correction.

    Interest rates are having an effect on things like auto sales and real estate in the US, so economic activity is being affected but the knock on effects are more gradual usually. Trade war news, if it were seen as a negative, should have triggered a serious correction some time ago but it didn't. A divorce is more expensive than a marriage (you need two houses instead of one, etc etc), so if US / China split up it will ironically generate more demand not less IMO. So yeah I reckon something stinks about this selloff.
 
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