World markets fall as US fails to reach debt agreement

This is a discussion on World markets fall as US fails to reach debt agreement within the Indices forums, part of the Markets category; Perhaps this throws some light on the problem? http://factcheck.org/2011/07/fiscal-factcheck/...

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Old Jul 26, 2011, 1:30pm   #9
 
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Re: World markets fall as US fails to reach debt agreement

Perhaps this throws some light on the problem?

http://factcheck.org/2011/07/fiscal-factcheck/
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Old Jul 26, 2011, 1:37pm   #10
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Re: World markets fall as US fails to reach debt agreement

UK went down a bit ,but it was lower yesterday and has recouped now into, more or less, level pegging with the opening. I can't do much this afternoon but I'd play it as always, by ear. Fiddle while Rome burns.
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Old Jul 26, 2011, 1:42pm   #11
 
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Re: World markets fall as US fails to reach debt agreement

Think we may see another dip to shake out the stops before a big rally on the back of some debt deal news.
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Old Jul 26, 2011, 5:03pm   #12
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Re: World markets fall as US fails to reach debt agreement

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Originally Posted by Pazienza View Post
A lot of fuss about nothing in my opinion Jon. Markets will simply keep going up, the reason being that they should keep going up. Interruptions to this trend are just a buying opportunity.

The only way out of this debt crisis is inflation. That is it. So nobody should be surprised at how the market is reacting, or wondering why it keeps going up despite (insert blah blah blah).
Dont know what your on about market hasnt really gone up this year seems to me the bull run is over.
Ftse slighlty down for the year
dow slightly up
dax slightly up too
Its not like were in some big bull run right now is it.
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Old Jul 26, 2011, 5:09pm   #13
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Re: World markets fall as US fails to reach debt agreement

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Dont know what your on about market hasnt really gone up this year seems to me the bull run is over.
Ftse slighlty down for the year
dow slightly up
dax slightly up too
Its not like were in some big bull run right now is it.
The bull market started in 2009. They have been known to take pauses on their way to the top .

This might be the turning point of course, but I rather doubt it. The reason being that it makes perfect sense to buy stocks.
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Old Jul 26, 2011, 5:26pm   #14
 
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Re: World markets fall as US fails to reach debt agreement

barjon started this thread Whatever the longer term holds (and I think I agree with paz that if the underlying agenda is to inflate the debt away - it's a bit of a surprise that the busy $ printing presses haven't already hit the inflation buttons - then up will go the DOW) I was more concerned with a potentially sharp "relief" rally when the the eleventh hour agreement to raise the debt threshold is reached. If and when it comes it'll probably be fast and furious so if your not positioned beforehand there's a good chance of missing the boat.

'Course you may think in conceivable that agreement is not reached and US will default _ I can't see it.

jon
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Old Jul 26, 2011, 5:28pm   #15
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Re: World markets fall as US fails to reach debt agreement

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Originally Posted by barjon View Post
Whatever the longer term holds (and I think I agree with paz that if the underlying agenda is to inflate the debt away - it's a bit of a surprise that the busy $ printing presses haven't already hit the inflation buttons - then up will go the DOW) I was more concerned with a potentially sharp "relief" rally when the the eleventh hour agreement to raise the debt threshold is reached. If and when it comes it'll probably be fast and furious so if your not positioned beforehand there's a good chance of missing the boat.

'Course you may think in conceivable that agreement is not reached and US will default _ I can't see it.

jon
In a nutshell.

It certainly feels that way (your short-term opinion) - just skittering sideways, waiting for the starting gun.
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Old Jul 26, 2011, 5:32pm   #16
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Re: World markets fall as US fails to reach debt agreement

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Originally Posted by barjon View Post
Whatever the longer term holds (and I think I agree with paz that if the underlying agenda is to inflate the debt away - it's a bit of a surprise that the busy $ printing presses haven't already hit the inflation buttons - then up will go the DOW) I was more concerned with a potentially sharp "relief" rally when the the eleventh hour agreement to raise the debt threshold is reached. If and when it comes it'll probably be fast and furious so if your not positioned beforehand there's a good chance of missing the boat.

'Course you may think in conceivable that agreement is not reached and US will default _ I can't see it.

jon
Of course an agreement will be reached, it's all about pr now, who gets the blame in the media..

As for inflating the debt away IMHO that ain't gonna work unless folks' real incomes are inflated too and the elite decision makers don't want that to happen/won't let that happen.. Also with oil at circa one hundred for Sweet crude and 115 for Brent the second leg down in depression 2.0 is a nailed on certainty, so yep hold the shares, they're simply worthless ious with no tangible benefit given their detachment from reality..
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