The markets are Chaos...and Order

[sptrawler]

The question I have with regards to CV and the current "crash", is, is crash due to CV, or is CV simply the catalyst for what was about to happen anyway?

There is a body of opinion that the "everything bubble" was about to burst anyway,a several hedge funds have been making bets along those lines over the last few months.

I would generally fall into that line of thinking though I have learnt to not disregard the ability for central banks and governments to kick the can along the road.

I have no doubt whatsoever that the world economy will absolutely blow the f*** up at some stage, the only think which I have no idea about is when.

Is this it? Is this finally the endgame? I really have no idea. But what I am beginning to see is severe curtailment on the financial liberties of we plebeians.

To me that serves as an omen.

The way I see it is, if this is the mother of all 'blow ups', then it wont matter because you will probably lose everything.
If it isn't, well then it is just another one of those once in a lifetime events, that people miss out on.
I guess it boils back to whether you are a cup half empty, or a cup half full, sort of person.

 

[wayneL]

The way I see it is, if this is the mother of all 'blow ups', then it wont matter because you will probably lose everything.
If it isn't, well then it is just another one of those once in a lifetime events, that people miss out on.
I guess it boils back to whether you are a cup half empty, or a cup half full, sort of person.

It's another roll of the dice on that score, hey?

 

[Garpal Gumnut]

It's another roll of the dice on that score, hey?

Sex
Water
Tucker
Friends
Not necessarily in that order

gg

 

[sptrawler]

It's another roll of the dice on that score, hey?

All part of life's rich pageant.

 

[qldfrog]

Historical data would imply a normal PE of between 11 and 14, around 7 for financial and similar due to leveraging in banks ,or for even lower for miners due to depletion of assets
If you find anything priced reasonably aka within this range, tell me
Then i can look at stability of earnings..
Wow col and bhp are still very high in that regard.did not even look at banks

 

[sptrawler]

Sex
Water
Tucker
Friends
Not necessarily in that order

gg

Spot on GG, people get way too bogged down, in things they have no control over.
They need to come up and smell the roses.

 

[wayneL]

Sex
Water
Tucker
Friends
Not necessarily in that order

gg

This may be the most important post in the last several months.

Well said GG

 

[SirRumpole]

The question I have with regards to CV and the current "crash", is, is crash due to CV, or is CV simply the catalyst for what was about to happen anyway?

There is a body of opinion that the "everything bubble" was about to burst anyway,a several hedge funds have been making bets along those lines over the last few months.

I would generally fall into that line of thinking though I have learnt to not disregard the ability for central banks and governments to kick the can along the road.

I have no doubt whatsoever that the world economy will absolutely blow the f*** up at some stage, the only think which I have no idea about is when.

Is this it? Is this finally the endgame? I really have no idea. But what I am beginning to see is severe curtailment on the financial liberties of we plebeians.

To me that serves as an omen.

Yes I think the market was definitely overvalued, driven up by cheap money as bas said and the fact that people can't get a good return from the banks. It wasn't representative of the real global economy which has been tanking for some time. Do don't keep cutting interest rates in a healthy economy do you ?

Why the global economy is tanking is the real question.

I reckon it can be laid at the feet of globalisation and the way it's been managed by the corporations and governments.

Industries have been transferred to Third World Countries, but employees there aren't paid much more than slaves. The consuming power of the First World has been decimated by the loss of jobs due to the transfer of industry and mechanisation/automation of many industries. Governments haven't realised the side effects of globalisation and have not taken action to protect their citizens from it.

Big corporations have been making profits and sacking staff at the same time. The circulation of money is broken. The only politician who seems to recognise this (in his charmingly naive way) is <gulp> Donald Trump.

 

[sptrawler]

Yes I think the market was definitely overvalued, driven up by cheap money as bas said and the fact that people can't get a good return from the banks. It wasn't representative of the real global economy which has been tanking for some time. Do don't keep cutting interest rates in a healthy economy do you ?

Why the global economy is tanking is the real question.

I reckon it can be laid at the feet of globalisation and the way it's been managed by the corporations and governments.

Industries have been transferred to Third World Countries, but employees there aren't paid much more than slaves. The consuming power of the First World has been decimated by the loss of jobs due to the transfer of industry and mechanisation/automation of many industries. Governments haven't realised the side effects of globalisation and have not taken action to protect their citizens from it.

Big corporations have been making profits and sacking staff at the same time. The circulation of money is broken. The only politician who seems to recognise this (in his charmingly naive way) is <gulp> Donald Trump.

As smurf has already said, this event could well be the wakeup call needed, the World of globalisation may well have run its course.
The reality of losing the ability to feed and cloth your own people, may actually overturn the need to find the cheapest place to make stuff, it just shows how little it matters what it costs to make something if you can't get it.
Maybe the foreign investment revue board will have more teeth soon?

 

[wayneL]

Yes I think the market was definitely overvalued, driven up by cheap money as bas said and the fact that people can't get a good return from the banks. It wasn't representative of the real global economy which has been tanking for some time. Do don't keep cutting interest rates in a healthy economy do you ?

Why the global economy is tanking is the real question.

I reckon it can be laid at the feet of globalisation and the way it's been managed by the corporations and governments.

Industries have been transferred to Third World Countries, but employees there aren't paid much more than slaves. The consuming power of the First World has been decimated by the loss of jobs due to the transfer of industry and mechanisation/automation of many industries. Governments haven't realised the side effects of globalisation and have not taken action to protect their citizens from it.

Big corporations have been making profits and sacking staff at the same time. The circulation of money is broken. The only politician who seems to recognise this (in his charmingly naive way) is <gulp> Donald Trump.

I want to excise the last sentence. Even if I agree with that point, I want to completely separate from the rest of what you said here.
*****
Bang.
On.

 

[basilio]

I tell ya its a madhouse on the exchange.
Day starts with all ords down 200 points. Like wow.
Two hours later and it is up 100 points.

Anyway here made a buck on the way ?

 

[wayneL]

I tell ya its a madhouse on the exchange.
Day starts with all ords down 200 points. Like wow.
Two hours later and it is up 100 points.

Anyway here made a buck on the way ?

Extreme volatility is a b**** to trade, good luck with that!

Fishing stories abound.

 

[SirRumpole]

I tell ya its a madhouse on the exchange.
Day starts with all ords down 200 points. Like wow.
Two hours later and it is up 100 points.

Anyway here made a buck on the way ?

Just shows most people have no frigging idea what is happening.

 

[divs4ever]

What's next for bank hybrids?​

What's next for bank hybrids?

APRA is investigating bank hybrids to better secure bank capital and the broader financial system. The problem in Australia is most hybrids are held by 'retail' investors who may not understand the risks.

www.firstlinks.com.au

i had fun with these things between 2011 and 2016 and have only trivial exposure since ( via a LIC that invests in them as well as stocks )`

good luck if you dabble ( the returns are nowhere near chunky enough for me )