Global Downturn today - what are your thoughts?

[latefordinner]

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Markets back to normal on good manufacturing news.

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LOL. You're right. A couple days of going sideways and slowly down for cumulative worst work in 4 years means there's no reason to worry - 14,000 here we come. At least wait until some of the jobs data etc comes out this week before sticking your head back in the sand.

[latefordinner]

asian stocks hammered again today and the yen carry trade will likely continue to unwind if the yen keeps pushing up. as more money shifts out of US bonds and back to the yen, it will put some downward pressure on US stocks (as bond yields grow). As more money shifts out of US stocks and back into the yen, that obv puts downward pressure on stocks. If the US numbers this week aren't good, that's gonna suck as well.

long: fxy
short: the market

[gonebroke2]

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Markets back to normal on good manufacturing news. In the spirit of Jim Cramer: booooooyyyaaaaaa. Only donkeys like curtains try to time the market and dump index funds on a single day's bad news. This is america fellas, if you can't grow your $$$ here u may as well flush it.

SB

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You are a moron. You are a part of the Don't Worry, Be Happy crowd that is going to go broke in this market.

[john kane]

yeah, ive had to accept defeat and reduce my holdings. this is surely only going to get worse.

typical, as soon as i enter the stock market it has a huge plummet.