Forum

 
  Back to OzPolitic.com   Welcome, Guest. Please Login or Register
  Forum Home Album HelpSearch Recent Rules LoginRegister  
 

Pages: 1 ... 85 86 87 88 89 ... 117
Send Topic Print
For the Record (Read 197580 times)
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: For the Record
Reply #1290 - Aug 13th, 2015 at 3:03pm
 
perceptions_now wrote on Aug 13th, 2015 at 12:01am:
perceptions_now wrote on Aug 12th, 2015 at 11:47am:
Something happened, about 30 minutes ago, DOW Futures dropped 144 points in a few minutes!

http://www.investing.com/indices/us-30-futures-advanced-chart


DOW now down, Just over 200 points!

In fact, nearly everything is DOWn, the only thing that is up is the VIX Volatility Index, which is currently UP 12.55% today!

Other than the VIX, everything else is in the RED!

http://www.investing.com/indices/major-indices

Btw, much of Europe is down 2 & 3%, plus.


Well, Well, Europe finished well down & the US finished even on the day!

So, a few queries come to mind -
1) Who did the buying on the US DOW? Was it CB's - the FedRes?
2) Where, What & When, is next? 
Back to top
 
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: For the Record
Reply #1291 - Aug 21st, 2015 at 12:51pm
 
perceptions_now wrote on Aug 13th, 2015 at 3:03pm:
perceptions_now wrote on Aug 13th, 2015 at 12:01am:
perceptions_now wrote on Aug 12th, 2015 at 11:47am:
Something happened, about 30 minutes ago, DOW Futures dropped 144 points in a few minutes!

http://www.investing.com/indices/us-30-futures-advanced-chart


DOW now down, Just over 200 points!

In fact, nearly everything is DOWn, the only thing that is up is the VIX Volatility Index, which is currently UP 12.55% today!

Other than the VIX, everything else is in the RED!

http://www.investing.com/indices/major-indices

Btw, much of Europe is down 2 & 3%, plus.


Well, Well, Europe finished well down & the US finished even on the day!

So, a few queries come to mind -
1) Who did the buying on the US DOW? Was it CB's - the FedRes?
2) Where, What & When, is next? 


Well, the omens haven't been good for a while, But Reality MAY now finally be catching up -
Over night, the US DOW closed DOWn 358 points (2.06%) AND much of Europe was also down over 2%, to finish @ 16,990.
Today, the OZ market has crashed again, particularly over the last hour or so & the All Ords is now down just over 100 points @ 5,193.
Today, US DOW Futures have also taken a dive over the last hour or so and US futures are now down some 136 points.

It seems "the Nellies are again becoming VERY NERVOUS"!

Back to top
 
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: For the Record
Reply #1292 - Aug 21st, 2015 at 3:14pm
 
perceptions_now wrote on Aug 21st, 2015 at 12:51pm:
perceptions_now wrote on Aug 13th, 2015 at 3:03pm:
perceptions_now wrote on Aug 13th, 2015 at 12:01am:
perceptions_now wrote on Aug 12th, 2015 at 11:47am:
Something happened, about 30 minutes ago, DOW Futures dropped 144 points in a few minutes!

http://www.investing.com/indices/us-30-futures-advanced-chart


DOW now down, Just over 200 points!

In fact, nearly everything is DOWn, the only thing that is up is the VIX Volatility Index, which is currently UP 12.55% today!

Other than the VIX, everything else is in the RED!

http://www.investing.com/indices/major-indices

Btw, much of Europe is down 2 & 3%, plus.


Well, Well, Europe finished well down & the US finished even on the day!

So, a few queries come to mind -
1) Who did the buying on the US DOW? Was it CB's - the FedRes?
2) Where, What & When, is next? 


Well, the omens haven't been good for a while, But Reality MAY now finally be catching up -
Over night, the US DOW closed DOWn 358 points (2.06%) AND much of Europe was also down over 2%, to finish @ 16,990.
Today, the OZ market has crashed again, particularly over the last hour or so & the All Ords is now down just over 100 points @ 5,193.
Today, US DOW Futures have also taken a dive over the last hour or so and US futures are now down some 136 points.

It seems "the Nellies are again becoming VERY NERVOUS"!



Oh & btw, the Wti Oil Price is now trading below $41.00 @ $40.88.


The last time it was around this Price level was at the depths of the GFC in January 2009, when it traded at a low of $41.68

http://www.investing.com/commodities/crude-oil

Prior to that, it first got above the $40.00 mark during 2004, in the frantic lead up to the GFC.
https://en.wikipedia.org/wiki/File:Crude_oil_price_WTI_EIA_since_2000.svg

But, wouldn't you know it, our Politicians are doing & saying nothing about why we are still being hit with monstrously high Petrolprices!!!

http://www.aip.com.au/pricing/retail/ulp/charts/perth_charts.htm
Back to top
 
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: For the Record
Reply #1293 - Aug 22nd, 2015 at 10:53am
 
Well, it seems that the "raw nerves" & "Real Realities" are now beginning to show!

The DOW went Down again overnight, this time by 531 points (3.13%) , to finish @ 16,460.
And, much of Europe went down around 3%
.

http://www.investing.com/indices/major-indices

The VIX Volatility index has risen substantially over recent days, with a nearly 50% increase yesterday alone & it now stands @ 28.
http://www.investing.com/indices/volatility-s-p-500

OZ was also down again yesterday, by 71 points & now stands @ 5,225.
http://www.tradingroom.com.au/apps/index.ac

Given the results overnight, further substantial falls are likely in OZ next week, particularly on Monday & particularly if the DOW Futures shows up further falls on Monday!
The Timing of crashes is always "somewhat difficult", But it would appear the "end game scenario" is now certainly sooner, rather than later! 
Back to top
 
 
IP Logged
 
Ex Dame Pansi
Gold Member
*****
Offline


Australian Politics

Posts: 24168
Re: For the Record
Reply #1294 - Aug 22nd, 2015 at 2:28pm
 
Remember when we said

When America sneezes everyone gets flu?

It looks like the same goes for China.

The heat is on.

Will there be a miraculous recovery or will the dominoes keep tumbling?

All will be revealed in a short time.

The beginning of the end of unfettered capitalism. There should have been boundaries.
Back to top
 

"When the power of love overcomes the love of power, the world will know peace." Hendrix
andrei said: Great isn't it? Seeing boatloads of what is nothing more than human garbage turn up.....
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: For the Record
Reply #1295 - Aug 22nd, 2015 at 7:50pm
 
Ex Dame Pansi wrote on Aug 22nd, 2015 at 2:28pm:
Remember when we said

When America sneezes everyone gets flu?

It looks like the same goes for China.

The heat is on.

Will there be a miraculous recovery or will the dominoes keep tumbling?

All will be revealed in a short time.

The beginning of the end of unfettered capitalism. There should have been boundaries.


Yes, it seems we are now in the final phase, so the "end game scenario's" are likely sooner, rather than later!

Whilst timing for this sort of event, is extremely difficult, as there are a myriad of players & a myriad of possible inputs, the final "end game scenario's" have been pretty much set in concrete for  quite some time, just awaiting the final show to start up, which I think is now underway.
So, I think it is likely that the main show will commence before the end of this year or the end of next year, at the latest! 
But, of one thing I am certain, the "end game" has commenced!

 
Back to top
 
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: For the Record
Reply #1296 - Aug 24th, 2015 at 4:44pm
 
Well, All Ords finished day down 211 @ 5,014.
https://au.finance.yahoo.com/q?s=^aord

Shanghai was also down about 9%, but is now down just over 8%.
http://www.investing.com/indices/shanghai-composite

The US DOW Futures have been down as much as just over 500 points, but at present it is down just over 400 points (about 2.5%).
http://www.investing.com/indices/us-30-futures-advanced-chart

I have heard a "few" comments today, from representatives of the financial/Political sectors & frankly I would put ZERO credibility on most comments!
Back to top
 
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: For the Record
Reply #1297 - Aug 24th, 2015 at 10:08pm
 
Despite SOME possible outside interference (from the PPT &/or FedRes) a little while ago, the US DOW Futures is now down some 670 points.
http://www.investing.com/indices/us-30-futures-advanced-chart

The session overnight (OZ time) will be "interesting"!?


Btw, much of Europe is down around 4-5%.
Back to top
 
 
IP Logged
 
John_Taverner
Gold Member
*****
Offline


Australian Politics

Posts: 2212
Gender: male
Re: For the Record
Reply #1298 - Aug 25th, 2015 at 8:43am
 
I'm very glad that I moved over to a diversified fixed interest portfolio.
Back to top
 
72+Adelaide+Street  
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: For the Record
Reply #1299 - Aug 26th, 2015 at 5:56pm
 
John_Taverner wrote on Aug 25th, 2015 at 8:43am:
I'm very glad that I moved over to a diversified fixed interest portfolio.


Perhaps, you MAY be even happier?!

IF the "end game scenario's" go on, as I suspect they MAY, then the final outcomes could see Local & Global share markets head down some 50-90%!?
Back to top
 
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: For the Record
Reply #1300 - Aug 26th, 2015 at 5:57pm
 
I re-post the following here, as it is relevant.

perceptions_now wrote on Aug 25th, 2015 at 7:40pm:
I agree, we NEED an RC into UNIONS, WHICH IS TOTALLY TRANSPARENT & UNBIASED and WHICH GETS THE BASICS CORRECTED, SO THAT UNIONS PERFORM THE JOB THEY SHOULD, NO MORE & NO LESS, BUT FREE FROM CORRUPTION! 

I agree, we NEED an RC into BUSINESS PARTICULARLY BIG BUSINESS), WHICH IS TOTALLY TRANSPARENT & UNBIASED and WHICH GETS THE BASICS CORRECTED, SO THAT BUSINESS PERFORMS THE JOB THEY SHOULD, NO MORE & NO LESS, BUT FREE FROM CORRUPTION! 

I agree, we NEED an RC into POLITICAL PARTY'S & POLITICIANS, WHICH IS TOTALLY TRANSPARENT & UNBIASED and WHICH GETS THE BASICS CORRECTED, SO THAT POLITICIANS PERFORM THE JOB THEY SHOULD, NO MORE & NO LESS, BUT FREE FROM CORRUPTION! 

And finally, I agree, we NEED an RC into THE WHOLE SYSTEM (INCLUDING THE LEGAL SYSTEM/POLICE), WHICH IS TOTALLY TRANSPARENT & UNBIASED and WHICH GETS THE BASICS CORRECTED, SO THAT THE WHOLE SYSTEM PERFORMS THE JOB IT SHOULD, NO MORE & NO LESS, BUT FREE FROM CORRUPTION AND IT DIRECTS THE SYSTEM FOR THE BEST, LONG TERM INTERESTS OF THE ENTIRE PUBLIC!


Cheers & you have a nice day now, ya hear!
Oh & good luck finding the individual/s, capable of doing the impossible!
Back to top
 
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: For the Record
Reply #1301 - Aug 28th, 2015 at 6:04pm
 
China likely to drag the world into global recession, Citigroup says


China is sliding into recession and the leadership will not respond quickly enough with large-scale fiscal policies that could avoid a major slowdown and stimulate demand, Citigroup's top economist Willem Buiter said.

The only thing to stop a Chinese recession, which the former external member of the Bank of England defines as 4 per cent growth on "the mendacious official data" for a year, is a consumption-oriented fiscal stimulus program funded by central government and monetised by the People's Bank of China, Buiter said.
"Despite the economy crying out for it, the Chinese leadership is not ready for this," said Buiter, the man who coined the term "Grexit" during the Greek debt crisis.

China "is an economy that's sliding into recession," the renowned chief economist at Citigroup told a media call hosted Thursday by the Council on Foreign Relations in New York.

Premier Li is seeking to defend a 7 per cent economic growth goal at a time when concern over slowing demand in China is fuelling volatility in global markets. The true rate of expansion "is probably something closer to 4.5 per cent, or less," Buiter said.

Data accuracy
Some economists and investors have long questioned the accuracy of China's official growth data.The median estimate of 11 economists surveyed by Bloomberg earlier this month put China's first-half GDP growth rate at 6.3 per cent, compared with the official figure of 7 per cent.

The boom and bust in the Shanghai Composite Index, which more than doubled in about a year before a selloff erased $7 trillion in market value in two months, is raising questions
about "the competence of the Chinese authorities as managers of the macro economy," Buiter said.

http://www.smh.com.au/business/the-economy/china-likely-to-drag-the-world-into-g...
==============================================
Well, I don't know what questions are being raised, BUT there are certainly massive question marks over many issues & much of what Governments & CB's are doing, IS VERY QUESTIONABLE!

The facts are that the major drivers of Global Economic Growth are now going into Decline AND THERE IS NO WAY THAT ANY GOVERNMENT OR CENTRAL BANK CAN DO TO CHANGE THAT DIRECTION!

Those major Economic Drivers being -
1) Demographics
2) Energy
3) An almost Perfect Global Climate

So, Governments & C/B's are simply going to have to CHANGE THEIR STANDARD PRACTICE OF REQUIRING GROWTH & THEY WILL NOW HAVE TO ENSURE WE ALL LIVE WITHIN OUR MEANS!

In other words, THERE IS NO SUCH THING AS UNLIMITED GROWTH AND WE ARE NOW AT THE LIMITS OF MANY THINGS WHICH PREVIOUSLY DROVE GLOBAL ECONOMIC GROWTH, SO WE MUST ALL NOW PULL OUR HEADS IN & THAT INCLUDES POLITICIANS, THE WEALTHY, BIG BUSINESS, UNIONS & THOSE WHO WOULD OTHERWISE LIVE OFF ENTITLEMENTS, TO WHICH THEY MAY NOT BE ENTITLED! 







Back to top
« Last Edit: Aug 28th, 2015 at 6:14pm by perceptions_now »  
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: For the Record
Reply #1302 - Aug 28th, 2015 at 6:22pm
 
perceptions_now wrote on Aug 28th, 2015 at 6:04pm:
China likely to drag the world into global recession, Citigroup says


China is sliding into recession and the leadership will not respond quickly enough with large-scale fiscal policies that could avoid a major slowdown and stimulate demand, Citigroup's top economist Willem Buiter said.

The only thing to stop a Chinese recession, which the former external member of the Bank of England defines as 4 per cent growth on "the mendacious official data" for a year, is a consumption-oriented fiscal stimulus program funded by central government and monetised by the People's Bank of China, Buiter said.
"Despite the economy crying out for it, the Chinese leadership is not ready for this," said Buiter, the man who coined the term "Grexit" during the Greek debt crisis.

China "is an economy that's sliding into recession," the renowned chief economist at Citigroup told a media call hosted Thursday by the Council on Foreign Relations in New York.

Premier Li is seeking to defend a 7 per cent economic growth goal at a time when concern over slowing demand in China is fuelling volatility in global markets. The true rate of expansion "is probably something closer to 4.5 per cent, or less," Buiter said.

Data accuracy
Some economists and investors have long questioned the accuracy of China's official growth data.The median estimate of 11 economists surveyed by Bloomberg earlier this month put China's first-half GDP growth rate at 6.3 per cent, compared with the official figure of 7 per cent.

The boom and bust in the Shanghai Composite Index, which more than doubled in about a year before a selloff erased $7 trillion in market value in two months, is raising questions
about "the competence of the Chinese authorities as managers of the macro economy," Buiter said.

http://www.smh.com.au/business/the-economy/china-likely-to-drag-the-world-into-g...
==============================================
Well, I don't know what questions are being raised, BUT there are certainly massive question marks over many issues & much of what Governments & CB's are doing, IS VERY QUESTIONABLE!

The facts are that the major drivers of Global Economic Growth are now going into Decline AND THERE IS NO WAY THAT ANY GOVERNMENT OR CENTRAL BANK CAN DO TO CHANGE THAT DIRECTION!

Those major Economic Drivers being -
1) Demographics
2) Energy
3) An almost Perfect Global Climate

So, Governments & C/B's are simply going to have to CHANGE THEIR STANDARD PRACTICE OF REQUIRING GROWTH & THEY WILL NOW HAVE TO ENSURE WE ALL LIVE WITHIN OUR MEANS!

In other words, THERE IS NO SUCH THING AS UNLIMITED GROWTH AND WE ARE NOW AT THE LIMITS OF MANY THINGS WHICH PREVIOUSLY DROVE GLOBAL ECONOMIC GROWTH, SO WE MUST ALL NOW PULL OUR HEADS IN & THAT INCLUDES POLITICIANS, THE WEALTHY, BIG BUSINESS, UNIONS & THOSE WHO WOULD OTHERWISE LIVE OFF ENTITLEMENTS, TO WHICH THEY MAY NOT BE ENTITLED! 






Oh & BTW, GIVEN THE CURRENT STATE OF PLAY, I WOULD SUGGEST A DOWN SESSION ON THE DOW, MAY BE QUITE POSSIBLE TONIGHT, IN CASE "SOMETHING" GETS THE WOBBLES OVER THE WEEKEND?!
Back to top
 
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: For the Record
Reply #1303 - Aug 29th, 2015 at 11:20am
 
perceptions_now wrote on Aug 28th, 2015 at 6:22pm:
perceptions_now wrote on Aug 28th, 2015 at 6:04pm:
China likely to drag the world into global recession, Citigroup says


China is sliding into recession and the leadership will not respond quickly enough with large-scale fiscal policies that could avoid a major slowdown and stimulate demand, Citigroup's top economist Willem Buiter said.

The only thing to stop a Chinese recession, which the former external member of the Bank of England defines as 4 per cent growth on "the mendacious official data" for a year, is a consumption-oriented fiscal stimulus program funded by central government and monetised by the People's Bank of China, Buiter said.
"Despite the economy crying out for it, the Chinese leadership is not ready for this," said Buiter, the man who coined the term "Grexit" during the Greek debt crisis.

China "is an economy that's sliding into recession," the renowned chief economist at Citigroup told a media call hosted Thursday by the Council on Foreign Relations in New York.

Premier Li is seeking to defend a 7 per cent economic growth goal at a time when concern over slowing demand in China is fuelling volatility in global markets. The true rate of expansion "is probably something closer to 4.5 per cent, or less," Buiter said.

Data accuracy
Some economists and investors have long questioned the accuracy of China's official growth data.The median estimate of 11 economists surveyed by Bloomberg earlier this month put China's first-half GDP growth rate at 6.3 per cent, compared with the official figure of 7 per cent.

The boom and bust in the Shanghai Composite Index, which more than doubled in about a year before a selloff erased $7 trillion in market value in two months, is raising questions
about "the competence of the Chinese authorities as managers of the macro economy," Buiter said.

http://www.smh.com.au/business/the-economy/china-likely-to-drag-the-world-into-g...
==============================================
Well, I don't know what questions are being raised, BUT there are certainly massive question marks over many issues & much of what Governments & CB's are doing, IS VERY QUESTIONABLE!

The facts are that the major drivers of Global Economic Growth are now going into Decline AND THERE IS NO WAY THAT ANY GOVERNMENT OR CENTRAL BANK CAN DO TO CHANGE THAT DIRECTION!

Those major Economic Drivers being -
1) Demographics
2) Energy
3) An almost Perfect Global Climate

So, Governments & C/B's are simply going to have to CHANGE THEIR STANDARD PRACTICE OF REQUIRING GROWTH & THEY WILL NOW HAVE TO ENSURE WE ALL LIVE WITHIN OUR MEANS!

In other words, THERE IS NO SUCH THING AS UNLIMITED GROWTH AND WE ARE NOW AT THE LIMITS OF MANY THINGS WHICH PREVIOUSLY DROVE GLOBAL ECONOMIC GROWTH, SO WE MUST ALL NOW PULL OUR HEADS IN & THAT INCLUDES POLITICIANS, THE WEALTHY, BIG BUSINESS, UNIONS & THOSE WHO WOULD OTHERWISE LIVE OFF ENTITLEMENTS, TO WHICH THEY MAY NOT BE ENTITLED! 






Oh & BTW, GIVEN THE CURRENT STATE OF PLAY, I WOULD SUGGEST A DOWN SESSION ON THE DOW, MAY BE QUITE POSSIBLE TONIGHT, IN CASE "SOMETHING" GETS THE WOBBLES OVER THE WEEKEND?!



Well, I would suggest, it is safe to conclude that "normal" DOW trading is being tracked & "corrected" when "required", as was evidenced a "few" times last night, when the DOW dropped by 120 points @ 1.40 EDT & again by 115 @ 3.42 EDT, before rebounding again, to close down only 12 points for the day!

Given recent volatility, these spikes on the last trading day prior to the weekend, would seem "somewhat unusual", to say the least!   
 
Back to top
 
 
IP Logged
 
Amadd
Gold Member
*****
Offline


Mo

Posts: 6217
Re: For the Record
Reply #1304 - Aug 30th, 2015 at 1:33am
 
John_Taverner wrote on Aug 25th, 2015 at 8:43am:
I'm very glad that I moved over to a diversified fixed interest portfolio.


Effectively, are you saying government bonds?
Back to top
 
 
IP Logged
 
Pages: 1 ... 85 86 87 88 89 ... 117
Send Topic Print