What the hell is going on with the stock market?
It has sunk every day for like the past 2 weeks.
shareIt’s those diabolical Illuminati guys again, I’ve been telling everyone that bunch is no good but did anyone believe me!?
Who’s the fool now🤨
MovieChat Forums > General Discussion > What the hell is going on with the stock...
Investors are worried that Russia is going to invade Ukraine. They also think that the sharply rising inflation rates will result in much higher interest rates. That can result in investments moving from stocks to bonds or other interest-based securities. It can also help crash the real estate market.
Maybe savings accounts will pay more than 0.01% interest.
Just buy Amazon and go about your life.
shareSupply chain disruptions along with non transitory inflation usually mean a recession is coming.
sharemeh.... I've heard read "recession is coming" every year for the past 20 years now
shareLast recession was in 2008 though.
sharevery true, but the world didn't come to a skreeching halt like everyone assumed then. some were hurt, some went under, like businesses do all the time.
shareThe question was about the stock market. On Oct. 9, 2007, the Dow hit its pre-recession high and closed at 14,164.53.1 By Mar. 5, 2009, it had dropped more than 50% to 6,594.44.
shareAlso, driving the decline:
Netflix, the video-streaming company, said it expects to add 2.5 million subscribers during the first quarter of 2022, far below analysts’ estimates of 6.93 million, according to StreetAccount. The stock fell 22% on Friday, the steepest drop in almost a decade, and slid 24% for the week. Netflix recently raised its standard monthly subscription rate. Forecasts indicate that other, lower-priced streaming services (Disney+, HBO-Max, etc) are cutting into their subscriber base.
Investors followed by selling out of streaming audio service Spotify, which dropped 11% for the week, and gaming company Roblox, which declined 13%. Meanwhile, Amazon had its worst week since 2018, dropping 12%.
Peloton [the exercise equipment manufacturer] shares plummeted 24% on Thursday, before a partial rebound on Friday left them down 14% for the week. The stock closed at $27.06, below its $29 IPO price from 2019. With people returning to the workplace, high-priced home exercise equipment may have seen its peak.
Netflix has been a big disappointment.
share
It's a combination of things: Joe Biden's disastrous presidency, supply chain problems, inflation concerns, and concern over Russia possibly invading Ukraine.
This is normal. Markets go up, they go down, rinse and repeat. If you're smart you'll hang on and do nothing. If you're even smarter, you'll use this as a stock buying opportunity. Buy low, sell high. That's what I'm doing.
😎
[deleted]
Good advice
Invest now, it goes up long term, get in on the market
It’s time in the market, as opposed to timing the market.
shareYessir! It’s the long game.
I set up an account (plus I have a backup retirement through my work) about 20 years ago and so does my wife…we hardly ever look at it but all will be well and the sun will rise tomorrow
*cue Three Little Birds👍
The Fed has stopped quantitative easing. They are also going to begin raising rates for the first time in years. Those two actions mean less liquidity in the market and drive down the stock market.
Recently, smart money has been fleeing to bonds.