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What date will the 2020 Financial crash be? |
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cullenswood 
Kevin Kilbane 
Joined: 27 Jan 2012 Status: Offline Points: 289 |
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 Posted: 13 Mar 2020 at 9:04am |
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If you are still under 50 now is the time to start upping any AVCs if you can. Cheap to buy stocks at the moment and given the long horizon of your pension, they should be good value when you come to retire.
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Zinedine Kilbane 110
Jack Charlton 
Man City records obsession Joined: 20 Mar 2012 Location: Dundalk Status: Offline Points: 9647 |
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Posted: 21 Apr 2020 at 7:04am |
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Surprisingly the US markets haven’t crashed like they should given the global recession we are about to face.
Amazon is actually at an all time high. Massive fiscal and monetary stimulus have kept the markets up but the jobless numbers in the US are incredible. Over 20M people claimed filed for unemployment in the last month. Trump will no doubt keep throwing trillions of dollars at this until the election but you can’t print money indefinitely. The crash will come soon. |
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Shedite
Jack Charlton
Joined: 09 Dec 2011 Status: Offline Points: 9813 |
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Posted: 21 Apr 2020 at 7:10am |
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Thing is, he's thrown so much money at it and given so many bailouts at this stage that everyone knows there's not much chance of things going bankrupt, so I reckon most people will stay invested in the big things. Of the S&P currently, the prices are being propped up by the top 5 companies (Amazon, Netflix, Google etc), the rest of the market has had more of a shock than it appears on the surface.
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Zinedine Kilbane 110
Jack Charlton
Man City records obsession Joined: 20 Mar 2012 Location: Dundalk Status: Offline Points: 9647 |
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Posted: 27 Jul 2020 at 9:02am |
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A lot of big companies in America have their Q2 results this week.
- Amazon, FB, Google, MCD etc It’s a big week for the stock market and election. |
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Yiksheemash
500 Club la la la 
I don't have a penis. Joined: 01 Aug 2011 Status: Offline Points: 530 |
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Posted: 27 Jul 2020 at 9:31am |
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i'd say we are already in the resession. all of 2021 major commerical construction in Cork put on hold. know of at least 6 major projects in the City on hold.
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nvidic
Moderator Group
Joined: 03 Aug 2010 Status: Online Points: 18976 |
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Posted: 27 Jul 2020 at 9:49am |
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Was out in Cork last night and you wouldn't know, was packed everywhere, couldn't get a walk in to three pubs/bars we tried, we'd booked into two before that and they didn't take walk ins either.
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Jackal
Liam Brady
Joined: 14 Sep 2019 Status: Offline Points: 1352 |
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Posted: 27 Jul 2020 at 11:06am |
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Here's to Apple Computers, the cause and the solution to all of Cork's problems.
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Gashley Grimes wrote: