Tell me about it. Was hoping to surprise my family with groceries this christmas, but i guess thats not happening
Cumulative years of repatriated tax avoidance and subsequent corporate stock buy-backs can't even save 'too big to fail'. The stock market is an over-valued fraud
Have you seen global debt lol... So many vulnerable businesses with debt up to their ears. Earnings was good in 3rd quarter but global slowdown and debt is a bad mix for stocks. I don't blame people for sitting on the sidelines...
Poor leadership at the top of US politics has real consequences.
Ali in?
Kinda sucks when a bunch of stocks propped up by government handouts crumble leaving only those businesses that were economically viable around. The headline should be: Major bubble burst avoided as overvalued companies deflate after government backing evaporates.
I had to triple check that this wasn’t a headline for the onion.