If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Guardian)   The Asian financial markets took a nice dump   ( theguardian.com) divider line
    More: News, VIX, Vix volatility index, Dow Jones Industrial Average, Wall Street, apparent tightening bias, foreign investors, broader global dumping, new fundamental news  
•       •       •

6488 clicks; posted to Main » on 09 Feb 2018 at 6:05 AM (23 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



82 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest


Oldest | « | 1 | 2 | » | Newest | Show all

 
2018-02-09 02:27:38 AM  
Is this just on news of the DJIA shiatting the bed or is it also in response to the US Gov't having to shut down over funding AGAIN?
 
2018-02-09 02:54:41 AM  

harleyquinnical: Is this just on news of the DJIA shiatting the bed or is it also in response to the US Gov't having to shut down over funding AGAIN?


No, it's more that the Republican party is playing Jenga and his last few moves have destabilized the safety of the slow to change Obama economy.  I mean, the shutdown is part of it, but generally markets don't like anything changing, and the President might not be a stable genius.
 
2018-02-09 03:08:59 AM  

harleyquinnical: Is this just on news of the DJIA shiatting the bed or is it also in response to the US Gov't having to shut down over funding AGAIN?


got me.  but I suspect that if we ring that opening bell on the NYSE and the fedgov is still in abend status, the markets will not respond well to such instability.

I wonder how much longer we can last?  we're juuuuuuuuuust about out of inertia.  Congress is so incredibly dysfunctional that they can't even stay open, let alone run the country without issues.  And trump is desperately trying to avoid impeachment while demanding a giant military parade in his honor.  if I were an outside investor who read our headlines, i'd pull my money outta this country and start building bunkers for my more valuable assets and personnel.  none of this looks remotely good on a balance sheet.
 
2018-02-09 04:27:36 AM  

Weaver95: harleyquinnical: Is this just on news of the DJIA shiatting the bed or is it also in response to the US Gov't having to shut down over funding AGAIN?

got me.  but I suspect that if we ring that opening bell on the NYSE and the fedgov is still in abend status, the markets will not respond well to such instability.

I wonder how much longer we can last?  we're juuuuuuuuuust about out of inertia.  Congress is so incredibly dysfunctional that they can't even stay open, let alone run the country without issues.  And trump is desperately trying to avoid impeachment while demanding a giant military parade in his honor.  if I were an outside investor who read our headlines, i'd pull my money outta this country and start building bunkers for my more valuable assets and personnel.  none of this looks remotely good on a balance sheet.


Have you consulted Mr. DeMille about your close-up yet?
 
2018-02-09 04:30:45 AM  

AlwaysRightBoy: Have you consulted Mr. DeMille about your close-up yet?


I cannot imagine anyone feeling confident about any investments in this country with Donny running the show.  even the rich people are starting to get twitchy.  Donny's shut down the fedgov twice inside of the same month.  that's not the sign of a healthy, stable government....and if the fedgov can't keep it together, then what does that say about the rest of the country?

stability invites investment and growth.  Chaos scares investors away like crazy....and Donny is all about the chaos.
 
2018-02-09 04:48:19 AM  

Weaver95: AlwaysRightBoy: Have you consulted Mr. DeMille about your close-up yet?

I cannot imagine anyone feeling confident about any investments in this country with Donny running the show.  even the rich people are starting to get twitchy.  Donny's shut down the fedgov twice inside of the same month.  that's not the sign of a healthy, stable government....and if the fedgov can't keep it together, then what does that say about the rest of the country?

stability invites investment and growth.  Chaos scares investors away like crazy....and Donny is all about the chaos.


Donny is all about the chaos, but he's not running the country. Money runs the country.
 
2018-02-09 04:53:21 AM  

AlwaysRightBoy: Donny is all about the chaos, but he's not running the country. Money runs the country.


no, money just likes to think its running this country.  which is actually kind of the problem right now...but that's another discussion for a different thread.

Donny's shut down the fedgov twice in two months, and he's looking more and more unstable as impeachment gets closer to his inner circle.  the markets don't like to see the federal government in chaos, and that's making already skittish investors even more nervous than the norm.  Donny keeps playing golf while the markets overheat and nobody seem to be running the show anymore.

so while its accurate to say that Donny has no direct effect on market performance, its also fair to say that massive and unprecedented levels of incompetence in every arena from the Trump administration can and does make the wall street money people rather uncomfortable.  'leadership' isn't just a buzzword.  its a real, tangible concept that impacts people's fiscal bottom line.  Donny has no idea what the f*ck he's doing on ANY issue, and that ain't good for anyone, and the market's behavior reflects that truth.
 
2018-02-09 04:58:06 AM  
Seems like people were being irrationally exuberant.
 
2018-02-09 05:11:39 AM  

Weaver95: AlwaysRightBoy: Donny is all about the chaos, but he's not running the country. Money runs the country.

no, money just likes to think its running this country.  which is actually kind of the problem right now...but that's another discussion for a different thread.

Donny's shut down the fedgov twice in two months, and he's looking more and more unstable as impeachment gets closer to his inner circle.  the markets don't like to see the federal government in chaos, and that's making already skittish investors even more nervous than the norm.  Donny keeps playing golf while the markets overheat and nobody seem to be running the show anymore.

so while its accurate to say that Donny has no direct effect on market performance, its also fair to say that massive and unprecedented levels of incompetence in every arena from the Trump administration can and does make the wall street money people rather uncomfortable.  'leadership' isn't just a buzzword.  its a real, tangible concept that impacts people's fiscal bottom line.  Donny has no idea what the f*ck he's doing on ANY issue, and that ain't good for anyone, and the market's behavior reflects that truth.


I agree with you that President Tang needs to be shot into outer space, but this seems like its just a hiccup that needs to be patted on the back for correction.
 
2018-02-09 05:19:09 AM  

AlwaysRightBoy: I agree with you that President Tang needs to be shot into outer space, but this seems like its just a hiccup that needs to be patted on the back for correction.


I'm not saying your wrong.....but that 'correction' is taking place against the backdrop of a massively incompetent administration that's managed to BSOD the fedgov twice inside of six weeks, constantly buggered up foreign policy and every international trade agreement that's come down the pike AND is creeping closer to collapse as Donny panics over the Mueller investigation and is demanding (against all reason and sense) a military parade in his honor.

all i'm saying is that the stock market isn't immune to what's going on around them in this country.
 
2018-02-09 06:10:14 AM  
img.fark.netView Full Size
 
2018-02-09 06:14:44 AM  

Weaver95: AlwaysRightBoy: Have you consulted Mr. DeMille about your close-up yet?

I cannot imagine anyone feeling confident about any investments in this country with Donny running the show.  even the rich people are starting to get twitchy.  Donny's shut down the fedgov twice inside of the same month.  that's not the sign of a healthy, stable government....and if the fedgov can't keep it together, then what does that say about the rest of the country?

stability invites investment and growth.  Chaos scares investors away like crazy....and Donny is all about the chaos.


I have a suspicion your whole reason for being here is to fan the flames of depression and paranoia among the susceptible...unless you really are as unhinged as you appear.

But in any case, I think the stability that matters is in the Federal Reserve. And I don't think anybody, including the markets in general doubt the Federal Reserve at this point. I'm pretty sure the tremors are from the expectation that the Fed will continue business as usual, and raise interest rates, which will inevitably decimate stocks. This shouldn't destroy the real economy though.

If it looks like the new Fed Chair is going to do something stupid, or Trump is going to intervene to screw things up, I would expect a whole new level/episode of panic.
 
2018-02-09 06:17:53 AM  

Weaver95: AlwaysRightBoy: Have you consulted Mr. DeMille about your close-up yet?

I cannot imagine anyone feeling confident about any investments in this country with Donny running the show.  even the rich people are starting to get twitchy.  Donny's shut down the fedgov twice inside of the same month.  that's not the sign of a healthy, stable government....and if the fedgov can't keep it together, then what does that say about the rest of the country?

stability invites investment and growth.  Chaos scares investors away like crazy....and Donny is all about the chaos.


The rich should be twitchy and mistrustful of Donald.  Look at what happened to Al-Waleed bin Talal.  The message could not have been clearer.

If Trump were to decide to take what he wanted from anyone, the rest of the world would not raise a peep.
 
2018-02-09 06:19:12 AM  
Ships exploding on a tac board are only satisfying if it's their ships.
 
2018-02-09 06:29:41 AM  
You're doing a helluva job there Two Scoops.................
 
2018-02-09 06:36:12 AM  
Not Another Teen Movie - Dump on my chest
Youtube B05BrLhYoU8
 
2018-02-09 06:37:24 AM  
Jesus H Christ, can we stop using the News Flash tag for this?

It's news, but it's not a news flash every day for a week
 
2018-02-09 06:46:24 AM  
Looks like Dow futures are getting spooked. Here we go again?
Bruce Springsteen I'm Goin' Down
Youtube 3fdZWbIsrFk
 
#2 [TotalFark]
2018-02-09 06:47:58 AM  
Me play joke!


img.fark.netView Full Size

 
2018-02-09 06:50:36 AM  
It's like world markets are somehow interrelated.
 
2018-02-09 06:51:29 AM  
img.fark.netView Full Size
 
2018-02-09 06:52:01 AM  

AlwaysRightBoy: Weaver95: AlwaysRightBoy: Have you consulted Mr. DeMille about your close-up yet?

I cannot imagine anyone feeling confident about any investments in this country with Donny running the show.  even the rich people are starting to get twitchy.  Donny's shut down the fedgov twice inside of the same month.  that's not the sign of a healthy, stable government....and if the fedgov can't keep it together, then what does that say about the rest of the country?

stability invites investment and growth.  Chaos scares investors away like crazy....and Donny is all about the chaos.

Donny is all about the chaos, but he's not running the country. Money runs the country.


Weaver's off his meds again. Pay no attention to him.
 
2018-02-09 06:53:10 AM  

Cajnik: Jesus H Christ, can we stop using the News Flash tag for this?

It's news, but it's not a news flash every day for a week


Is it a flash? I thought it was just the news tag. Otherwise my inbox would be chock-full of alerts.
 
2018-02-09 06:53:10 AM  

AlwaysRightBoy: Weaver95: AlwaysRightBoy: Have you consulted Mr. DeMille about your close-up yet?

I cannot imagine anyone feeling confident about any investments in this country with Donny running the show.  even the rich people are starting to get twitchy.  Donny's shut down the fedgov twice inside of the same month.  that's not the sign of a healthy, stable government....and if the fedgov can't keep it together, then what does that say about the rest of the country?

stability invites investment and growth.  Chaos scares investors away like crazy....and Donny is all about the chaos.

Donny is all about the chaos, but he's not running the country. Money runs the country.


The dollar is only paper without the United States government.
 
2018-02-09 06:56:48 AM  

Hyperbole and Minutia: Cajnik: Jesus H Christ, can we stop using the News Flash tag for this?

It's news, but it's not a news flash every day for a week

Is it a flash? I thought it was just the news tag. Otherwise my inbox would be chock-full of alerts.


img.fark.net

You are correct. I'm going to go tell some kids to get off my lawn after some strong words for the clouds.
 
2018-02-09 06:59:59 AM  

harleyquinnical: Is this just on news of the DJIA shiatting the bed or is it also in response to the US Gov't having to shut down over funding AGAIN?


Paul Rand
 
2018-02-09 07:00:16 AM  
It's a correction yo.

Donny isn't really helping matters.

We'll see how investors really feel about the hype that's on Donny being a "businessman" and promoting through "regulation cuts".
 
2018-02-09 07:06:10 AM  
Thanks trump!
 
2018-02-09 07:07:26 AM  
I guess it really was America first.

Hey - Trump's trillion dollar deficit with no stimulus via infrastructure spending and the multiplier effect via purchasing and the  jobs it would have created can't possibly have any untoward effects.

Thank god that social safety net isn't under attack and is fully funded.
 
2018-02-09 07:21:18 AM  

AlwaysRightBoy: Donny is all about the chaos, but he's not running the country. Money runs the country.


Remember, the US Dollar is a fiat currency backed by the full faith of the United States Government.

If the perception is that the US Government cannot provide the working economy for those dollars to be worth goods and services, then why would ostensibly smart and rich people be okay with it?

You could think that economic inertia is going to keep the United States economy going but without a stable government to provide the basic infrastructure required for a modern economy to function, those dollars are going to stagnate rather quickly.

If, as you say, money runs the country, money needs to get off its farking thumbs and do some self-preservation.
 
2018-02-09 07:22:34 AM  
Oh I can't wait to hear Stuart Varney and Pillbuagh explain this one when I visit my Trumper relative. My eyes damn near rolled out of my head when I heard the latter gush about Trump's "sky high ratings" that the media was somehow suppressing.
 
2018-02-09 07:23:46 AM  

davidphogan: harleyquinnical: Is this just on news of the DJIA shiatting the bed or is it also in response to the US Gov't having to shut down over funding AGAIN?

No, it's more that the Republican party is playing Jenga and his last few moves have destabilized the safety of the slow to change Obama economy.  I mean, the shutdown is part of it, but generally markets don't like anything changing, and the President might not be a stable genius.


Take a look at Kansas and Oaklahoma.  Trump, Ryan and McConnel accidentally the whole thing.
I just listened to a conservative spokespuppet explain that Kansas and Oaklahoma didn't cut the budget enough to make those states successful (too liberal for the Koch brothers).   Their remedy for the federal budget are deep cuts to Medicaid, Medicare, and social security now.
/Bleeding heart Libby lib Kansas does not approve.
 
2018-02-09 07:25:33 AM  
img.fark.netView Full Size
 
2018-02-09 07:27:49 AM  

wood0366: AlwaysRightBoy: Donny is all about the chaos, but he's not running the country. Money runs the country.

Remember, the US Dollar is a fiat currency backed by the full faith of the United States Government.

If the perception is that the US Government cannot provide the working economy for those dollars to be worth goods and services, then why would ostensibly smart and rich people be okay with it?

You could think that economic inertia is going to keep the United States economy going but without a stable government to provide the basic infrastructure required for a modern economy to function, those dollars are going to stagnate rather quickly.

If, as you say, money runs the country, money needs to get off its farking thumbs and do some self-preservation.


All money is fiat.  Bitcoin, gold, US Dollar, oil, and those shells you dragged from the beach.  All fiat.
 
2018-02-09 07:28:41 AM  
Wheeeeeeeeeee! I love rollercoasters!
 
2018-02-09 07:32:51 AM  
img.fark.netView Full Size

WINNING!!!
 
2018-02-09 07:34:19 AM  
Yell at it again, President Daddy, that outta fix it!
 
2018-02-09 07:37:35 AM  

enry: wood0366: AlwaysRightBoy: Donny is all about the chaos, but he's not running the country. Money runs the country.

Remember, the US Dollar is a fiat currency backed by the full faith of the United States Government.

If the perception is that the US Government cannot provide the working economy for those dollars to be worth goods and services, then why would ostensibly smart and rich people be okay with it?

You could think that economic inertia is going to keep the United States economy going but without a stable government to provide the basic infrastructure required for a modern economy to function, those dollars are going to stagnate rather quickly.

If, as you say, money runs the country, money needs to get off its farking thumbs and do some self-preservation.

All money is fiat.  Bitcoin, gold, US Dollar, oil, and those shells you dragged from the beach.  All fiat.


Fiat, ironically, is not fiat money.
 
2018-02-09 07:39:26 AM  
img.fark.netView Full Size
 Scream real loud at my ass!
 
2018-02-09 07:41:12 AM  
img.fark.netView Full Size
 
2018-02-09 07:41:55 AM  
Dropped some friends off at the lake, did they?
 
2018-02-09 07:44:47 AM  
Also, 10 years is a long time to go without a catastrophic crash of the economy and/or market.
 
2018-02-09 07:45:45 AM  

Hyperbole and Minutia: Cajnik: Jesus H Christ, can we stop using the News Flash tag for this?

It's news, but it's not a news flash every day for a week

Is it a flash? I thought it was just the news tag. Otherwise my inbox would be chock-full of alerts.


img.fark.netView Full Size
 
2018-02-09 07:52:36 AM  
You know, if the market is just going to keep on dropping, I might as well pull out and take the loss, and make it back after buying in at a lower price.
 
2018-02-09 07:55:13 AM  

AlwaysRightBoy: Weaver95: AlwaysRightBoy: Have you consulted Mr. DeMille about your close-up yet?

I cannot imagine anyone feeling confident about any investments in this country with Donny running the show.  even the rich people are starting to get twitchy.  Donny's shut down the fedgov twice inside of the same month.  that's not the sign of a healthy, stable government....and if the fedgov can't keep it together, then what does that say about the rest of the country?

stability invites investment and growth.  Chaos scares investors away like crazy....and Donny is all about the chaos.

Donny is all about the chaos, but he's not running the country. Money runs the country.


It's not a fat stack of hundred dollar bills sitting in the big chair at the White House.

You can't even say it gets that much input, since smart money wouldn't have given the rich those tax cuts, those aren't gonna do any long term good for this economy and anyone who paid attention knows it.
 
2018-02-09 07:56:05 AM  
img.fark.netView Full Size

Just a grades correction, mom and dad.  Cut my brussel sprouts requirement, increase my allowance 70%  and you'll see huge gains.  Huge gains.
 
2018-02-09 07:56:22 AM  

enry: wood0366: AlwaysRightBoy: Donny is all about the chaos, but he's not running the country. Money runs the country.

Remember, the US Dollar is a fiat currency backed by the full faith of the United States Government.

If the perception is that the US Government cannot provide the working economy for those dollars to be worth goods and services, then why would ostensibly smart and rich people be okay with it?

You could think that economic inertia is going to keep the United States economy going but without a stable government to provide the basic infrastructure required for a modern economy to function, those dollars are going to stagnate rather quickly.

If, as you say, money runs the country, money needs to get off its farking thumbs and do some self-preservation.

All money is fiat.  Bitcoin, gold, US Dollar, oil, and those shells you dragged from the beach.  All fiat.


No, there is a comprehensible distinction between something that is determined by a central authority to be money, and something that is agreed to be money with no particular central authority. Consider cigarettes in prisons. That is not fiat. That's something that has value, and is also used as money, because it comes in standardized amounts that are fungible, so people spontaneously use it. Gold is also not fiat, unless someone decrees that, say, a gold coin has value above the market value of its metal.
 
2018-02-09 07:57:33 AM  
Looks like the "Trump Slump" continues.
 
2018-02-09 08:00:58 AM  

itcamefromschenectady: enry: wood0366: AlwaysRightBoy: Donny is all about the chaos, but he's not running the country. Money runs the country.

Remember, the US Dollar is a fiat currency backed by the full faith of the United States Government.

If the perception is that the US Government cannot provide the working economy for those dollars to be worth goods and services, then why would ostensibly smart and rich people be okay with it?

You could think that economic inertia is going to keep the United States economy going but without a stable government to provide the basic infrastructure required for a modern economy to function, those dollars are going to stagnate rather quickly.

If, as you say, money runs the country, money needs to get off its farking thumbs and do some self-preservation.

All money is fiat.  Bitcoin, gold, US Dollar, oil, and those shells you dragged from the beach.  All fiat.

No, there is a comprehensible distinction between something that is determined by a central authority to be money, and something that is agreed to be money with no particular central authority. Consider cigarettes in prisons. That is not fiat. That's something that has value, and is also used as money, because it comes in standardized amounts that are fungible, so people spontaneously use it. Gold is also not fiat, unless someone decrees that, say, a gold coin has value above the market value of its metal.


It's fiat.  A value is set, and everyone believes it.  If people don't believe it then it's irrelevant how the value is set.

You can say Bitcoin is worth $10,000 USD but if the rest of the world doesn't care you're just trading between suckers.
 
2018-02-09 08:09:48 AM  

Vertdang: Looks like the "Trump Slump" continues.


We knew the Obama deep state depression would undermine the Trump Recovery sooner or later.
Thanks, Clinton!
 
Displayed 50 of 82 comments


Oldest | « | 1 | 2 | » | Newest | Show all


View Voting Results: Smartest and Funniest

This thread is closed to new comments.

Continue Farking

On Twitter





Top Commented
Javascript is required to view headlines in widget.
  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.

Report