World markets fall as US fails to reach debt agreement

Originally Posted by Black Swan

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..

Originally Posted by Pazienza

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.

Originally Posted by fleetwood

Yes yes could just be a pause but its a pretty long pause. Markets to me really do look quite negative and could turn. Still im just a simple noob lol