Stock Market

[Guinness]

Remember when the Dow was only off 260?

*-350*

[pfim]

Jobs jobs jobs jobs jobs

[KennyTheKangaroo]

for the record, the S&P 500 has dropped more than 2% points in a day 14 times since the start of 2010.

[Ossa]

Gold is now DOWN. WTH is going on.


On a positive note, Oil is now under $90.

[AlexPKeaton]

GUNS ARE UP!!!!!!!!!!!

[KennyTheKangaroo]

Gold is now DOWN. WTH is going on.


On a positive note, Oil is now under $90.

wait a second, havent we all been lead to believe that gold is just some magical investment that automatically goes up when the stock market falls?

[JeffDFD]

Dow at lowest since March it looks like. Looks like Dow is trying to make up for the 200 pt drop it tried to make yesterday before stocks crawled back at the end.

[newarenanow]

On a seperate note, for you financial guys, what will this do to interest rates?

[Troy Loney]

On a seperate note, for you financial guys, what will this do to interest rates?

Down. Less demand for capital.

[Sam's Drunk Dog]

30 year mortgage rates are at the lowest they've been since Fall of last year.

[bhaw]

On a seperate note, for you financial guys, what will this do to interest rates?

Down. Less demand for capital.

This, basically. It's not always hand in hand, but when the stock market drops sharply, rates typically drop.

the 10 year treasury is a good thing to follow re: interest rates. When it drops, usually all rates do as well.

[newarenanow]

On a seperate note, for you financial guys, what will this do to interest rates?

Down. Less demand for capital.

That's what I figured, as that is the normal pattern.

I was just wondering with all of the "debt crisis" if that would kind of cause a weird change where the rates would go up due to the loss of credit confidence in the US.

[newarenanow]

30 year mortgage rates are at the lowest they've been since Fall of last year.

I know, which is good for me (buying a new home). But I'm not locked in yet.

[KennyTheKangaroo]

30 year mortgage rates are at the lowest they've been since Fall of last year.

I know, which is good for me (buying a new home). But I'm not locked in yet.

given newarenanow's sterling pedigree, will this new home be in upper st. clair, fox chapel, or both?

[newarenanow]

30 year mortgage rates are at the lowest they've been since Fall of last year.

I know, which is good for me (buying a new home). But I'm not locked in yet.

given newarenanow's sterling pedigree, will this new home be in upper st. clair, fox chapel, or both?

I bought a large piece of land, annexed it from the township, and I will be living in the exclusive township of NANville.

[JeffDFD]

This just in...Nanville has the highest crime rate in Pennsylvania at 100%

[Firebird]

Large investors have moved so much money into cash accounts at Bank of New York that on Thursday the bank said it would begin charging some clients a 0.13 percent fee to hold their cash.

rofl

[Ossa]

Dow down 400+

Nasdaq down 100+

[shafnutz05]

"Recovery Summer"

[littlemoonboot]

Great.

[JeffDFD]

Dow down 400+

Nasdaq down 100+

Ouch.

I bought some stuff not too long ago...I'm not going to look at the unrealized gain/loss column for a few months at least on those.

I am invested for the long term, but if companies start slashing dividends I may puke in my mouth a little.

[bhaw]

none of this would happen if we just had a system where we all work, forfeit our money to the government, and they distributed it as necessary...

[rasbatch]

This is why I have all my money invested in adult diapers.
days like today when ya'll are shartin in your drawers.

[KennyTheKangaroo]

Ouch.

I bought some stuff not too long ago...I'm not going to look at the unrealized gain/loss column for a few months at least on those.

I am invested for the long term, but if companies start slashing dividends I may puke in my mouth a little.

Why would companies start slashing dividends? Cash is piling up on balance sheets at unprecedented amounts.

[steve784]

none of this would happen if we just had a system where we all work, forfeit our money to the government, and they distributed it as necessary...

And those on welfare can call each other on their free cell phones and laugh at us.