• Dow off to worst four-day start to a year in history after Chinese stock market crash
    7 replies, posted
[quote]The latest scare came on Thursday as China's stock market crashed 7% overnight and crude oil plummeted to the lowest level in more than 12 years. The Dow dropped 392 points on Thursday. The S&P 500 fell 2.4%, while the Nasdaq tumbled 3%. The wave of selling has knocked the Dow down 911 points, or more than 5% so far this year. That's the worst four-day percentage loss to start a year on record, according to FactSet stats that go back to 1897. The Nasdaq, down over 6% in 2016, is off to its bleakest start since 2000. "Investors have started the new year in panic mode," said Ed Yardeni, president of investment advisory Yardeni Research.[/quote] [url]http://money.cnn.com/2016/01/07/investing/stocks-markets-dow-china/[/url] [url]http://www.reuters.com/article/us-usa-stocks-idUSKBN0UL1BD20160107[/url]
Here it comes
[QUOTE=mcgrath618;49480329]Here it comes[/QUOTE] And here I thought this year was going to get better than the last one
Here's hoping this bubble goes boom, Or else investing is going to be a massive pain soon.
Here come the feds regretting the interest rate change .
Welp, the Chinese bear finally awakes this year.
See you guys in the soup kitchens
This happens every 8 to 10 years, so I don't know why people are surprised. This time It'd be a little worse then the last recession though, since growth was way down. On the other hand, my company is up 67%. 67% of nothing is still nothing, but we're up.
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