Hold onto yer cash

[life on mars]

Global stocks plunge amid fears of US 'collapse' - latest updates

https://www.telegraph.co.uk/business/2024/08/02/ftse-100-markets-latest-news-stock-sell-off-interest-rates/

[Rjk]

Re: Hold onto yer cash

seems just like a correction that the market was expcting an interest rate cut earlier, rather than anything fundamental doesn't it?

[North Cardiff Blue]

Re: Hold onto yer cash

seems just like a correction that the market was expcting an interest rate cut earlier, rather than anything fundamental doesn't it?

Looks like it but as soon as panic sets in the correction can be quite big and quite fast.

Japan down 5.81%

The Fed does need to keep indicating the rate will go down next time.

[pipster]

Re: Hold onto yer cash

The US has been running a bit too hot for a while, which is why there was a lot of attention on US focused funds.
H&L have been heavy on the email marketing re their US fund - I invested and it's made a good return so far- as long as you are in it for the long term, you should be fine. Next time there is a down turn - I'll be investing more

[life on mars]

Re: Hold onto yer cash

Trouble for the world USA financial performance effects everyone on USA it's a strange negative announcement, wonder if it has a political edge to it ?

[life on mars]

Re: Hold onto yer cash

The US has been running a bit too hot for a while, which is why there was a lot of attention on US focused funds.
H&L have been heavy on the email marketing re their US fund - I invested and it's made a good return so far- as long as you are in it for the long term, you should be fine. Next time there is a down turn - I'll be investing more

🤑👍 God bless capitalism