Jump to content
House Price Crash Forum
Sign in to follow this  
Realistbear

The Greatest Recession In Decades Is Far From Over

Recommended Posts

http://www.bloomberg.com/apps/news?pid=206...id=a3z3PilbjL3s

Stocks in Europe, Asia Retreat; MSCI World Falls for Fifth Day

By Sarah Jones

July 8 (Bloomberg) -- Stocks in Europe and Asia declined, sending the MSCI World Index lower for a fifth straight day, on concern that second-quarter earnings reports will show the first global recession since World War II is far from over.

Two realities demonstrate that Brown and the recent "green shoots" propaganda are misleading the sheeple are the continuing decline in earnings and rising unemployment. It goes to prove, once again, you cannot beat the market. The Brown bubble will burst.

Edited by Realistbear

Share this post


Link to post
Share on other sites
Two realities demonstrate that Brown and the recent "green shoots" propganda are misleading the sheeple are the contiknuing decline in earnings and rising unemployment. It goes to prove, once again, you cannot beat trhe market. The Brown bubble will burst.

RB's back on form. The forums human news feed of gloom. Welcome back RB! ;)

Share this post


Link to post
Share on other sites
http://www.bloomberg.com/apps/news?pid=206...id=a3z3PilbjL3s

Stocks in Europe, Asia Retreat; MSCI World Falls for Fifth Day

By Sarah Jones

July 8 (Bloomberg) -- Stocks in Europe and Asia declined, sending the MSCI World Index lower for a fifth straight day, on concern that second-quarter earnings reports will show the first global recession since World War II is far from over.

Two realities demonstrate that Brown and the recent "green shoots" propaganda are misleading the sheeple are the continuing decline in earnings and rising unemployment. It goes to prove, once again, you cannot beat the market. The Brown bubble will burst.

I presume your referring to corporate earnings. What did they look like in Q2, and what are the expectations for the rest of the year ?

A lot of the greenshoots appear to be founded on business survey numbers, but then i suppose wouldn't you be confident if you thought you could get your mitts on some of the 90% of stimulus still to be doled out ?

Share this post


Link to post
Share on other sites
I presume your referring to corporate earnings. What did they look like in Q2, and what are the expectations for the rest of the year ?

A lot of the greenshoots appear to be founded on business survey numbers, but then i suppose wouldn't you be confident if you thought you could get your mitts on some of the 90% of stimulus still to be doled out ?

IMO the stimulus was like a ledge on a cliff face. A temporary and precarious respite along the inevitable journey to the floor of the debt canyon.

Share this post


Link to post
Share on other sites
IMO the stimulus was like a ledge on a cliff face. A temporary and precarious respite along the inevitable journey to the floor of the debt canyon.

It's a real shame that those who lord it over us didn't do anything about it.

Share this post


Link to post
Share on other sites
Guest UK Debt Slave
earnings have been pumped by years of bubble money getting recycled.

:blink:

Kinell........!

Share this post


Link to post
Share on other sites
earnings have been pumped by years of bubble money getting recycled.

Straight line is a result of banks writing off all their crap in one go. Strip it out, and not so horrendous, but still horrendous.

Share this post


Link to post
Share on other sites

I've bought some stock over the last 4 months. This final :unsure: leg down will allow me to buy more at a very cheap price.

Will this next leg into the the abyss be the last, that is the question??

Share this post


Link to post
Share on other sites

i have heard this greatest recession ballied about

what exactly is the difference between 'the great recession' and a depression?

more gobble-de-gook

call it for what it is

Share this post


Link to post
Share on other sites
Straight line is a result of banks writing off all their crap in one go. Strip it out, and not so horrendous, but still horrendous.

Don't you mean writing off some of their crap? And hoping the taxpayer picks up the rest of the crap?

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   285 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.