Just how the National Weather Service in the United States issues watches for conditions favorable for inclement weather, I went ahead and started a
thread with similar verbiage as the Global Stock Market is favorable to have a rough go of it after the recent happenings here in the US and Europe.
Earlier I started threads 8/11/2011 stock market watch for Asia/Pacific
, but decided to just have an ongoing thread that looks at the Stock
Markets of the globe in their entirety, so that way all of the good advice and forecasts land in just one thread. Mods you can close the other two
threads and redirect them here if you'd like.
8/11/2011 (potential "Black Monday"???)
- Asia/Pacific: The Asian markets started off trading with losses from 1% - 2% with some exceptions in Israel and South Korea where trading
was halted at one point or another. In all it was not as bad as most "experts" feared it would be as it appears that Asia/Pacific markets were in a
holding pattern waiting to see how Europe and the US markets perform.
Allstocks.com - Asia/Pacific
- Europe: The European markets started off the same way the Asian markets did, but then the European Central Bank stepped in and pledged to
buy bonds from Italy and Spain therefore causing a rise (prolonging the inevitable) in the Euro markets. Will a similar thing happen here in the US?
Evidently it was decided in the flurry of meetings between the G-20 and G-7 that this could be an Ace in the sleeve to stop the US markets from
panicking come their time to open.
Allstocks.com - Europe
- US/Americas: That leaves the US stock markets which are due to open in one hour, 9:30am EST. I really do not know what to expect. If the
markets go sour too fast, I see someone stepping in promising to buy bonds, ala Europe, to quell investor's fears and to keep the markets from
plunging too low too quickly. Will this work though since the downgrade of the United State's credit rating?
Allstock.com - US/Americas
Allstocks.com - US Markets In Depth
I reiterate, I'm not a financial or expert in the markets. I just analyze and spit out my opinions base off of what I see and a gut feeling (this is
the main reason why I do not invest much into the stock market.) Hopefully the financial experts will chime in on this thread as the US markets open
and give their opinions on what they think this will mean for the next few weeks/months of uncertainty.
edit on 8-8-2011 by majesticgent
because: (no reason given)
edit on 8-8-2011 by majesticgent because: (no reason given)