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Markets meltdown
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Author:  TheFrenchun [ Thu Oct 16, 2014 1:18 pm ]
Post subject:  Markets meltdown

http://www.telegraph.co.uk/finance/news ... rkets.html
today the markets crashed, completely unpredicted.
Apart from that it is "real" money. whatever.

Author:  ShockWaffle [ Thu Oct 16, 2014 2:35 pm ]
Post subject:  Re: Markets meltdown

TheFrenchun wrote:
today the markets crashed, completely unpredicted.

The Economist ran a story in Jan or Feb about how every January for the last few years market analysts have predicted a record haul for equities; but at the end of every summer, the bear market runs out of steam because global trade numbers don't support their wishful thinking.

Observed patterns are, by definition, not completely unpredicted.

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