Markets plunged around the world — MSCI Global equity index down 5 % Friday, another 2 % today — Us markets hit with DJIA down 600, S&P 500 down 4 % and small caps down 4.5 % — U.S. equity futures were locked down limit for about 30 minutes after the vote c
Markets plunged around the world — MSCI
Global equity index down 5 % Friday, another 2 % today — Us
markets hit with DJIA down 600, S&P 500 down 4 % and small caps down 4.5 % — U.S. equity futures were locked down limit for about 30 minutes after the vote c
markets hit with DJIA down 600, S&P 500 down 4 % and small
caps down 4.5 % — U.S. equity futures were locked down limit for about 30 minutes after the vote counted.
You have a great blog and are clearly very bright and above many of your peers in the finance industry.As you know, when the
market goes down, it pretty much takes everything down with it and small caps have been hit even harder.Everyone feels dumb when the prices of their stocks decline and feels smart and vindicated when prices turnaround and shoot up.We are living in challenging times and the macro is likely to affect future stockmarket performance affecting 80 % of all stocks for a long time to come.Stocks as part ownership of businesses are affected by the global economy.In the meantime, most stock prices have been gyrating based more on Mr Market's emotions of how various economies will emerge than anything
market goes down, it pretty much takes everything down with it and small
caps have been
hit even harder.Everyone feels dumb when the prices of their stocks decline and feels smart and vindicated when prices turnaround and shoot up.We are living in challenging times and the macro is likely to affect future stockmarket performance affecting 80 % of all stocks for a long time to come.Stocks as part ownership of businesses are affected by the
global economy.In the meantime, most stock prices have been gyrating based more on Mr
Market's emotions of how various economies will emerge than anything
Market's emotions of how various economies will emerge than anything else.