Financial Markets

Feels like a full-on bear market ensues. Tax cuts, currency wars and other false growth flags have been driving the last leg of this bull-run for me. Do I cut my losses on emerging market fund down -16% or cling on in the hope of making that back. This is why I aren't a fund manager.

You only lose if you pull out.
 
Feels like a full-on bear market ensues. Tax cuts, currency wars and other false growth flags have been driving the last leg of this bull-run for me. Do I cut my losses on emerging market fund down -16% or cling on in the hope of making that back. This is why I aren't a fund manager.

Lucky you've got a sub-editor to help out on your day job then. :smirk:
 
It seems a fairly normal correction to me
Looking at the dow
2013 at Xmas it was about 16500
Now it's around 21800

That's a 5300 rise .... Or another way it's still almost 33% up over 5 years
Basically just under 6% Apr as an equivalent
It's still double what you would be able to get from most other forms of investing
 
Dow soars over 1,000 points today (biggest day ever ). Self congratulatory Drumpf tweet imminent.
 
It went up cos the fat fcuk was safely out of the way in Iraq. Even he couldn’t fcuk up the economy while meeting people without bone spurs.
 
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Hedge Funds and other market makers started buying after they decided the sell off had exhausted. Most stocks are very cheap right now so we should expect a lot of people to start taking long positions again.
 
We've just had the longest bull run in US stock history, so 'as usual' is a strange way of describing a few day's fall..

Wouldn't everybody be expecting it though? So technically you could make the argument that it's nothing out of the ordinary.
 
Wouldn't everybody be expecting it though? So technically you could make the argument that it's nothing out of the ordinary.
Yeah, it's a long-expected correction, I just read Drifter's post as a pessimistic view that the market always went down. Looks like I might have been too simplistic though.