Post
Topic
Board Economics
Re: Monday 8/8/2011 Judgement day for world stock market
by
brocktice
on 08/08/2011, 13:16:13 UTC
Dow futures point to a 150-200 point drop in the dow at the opening bell.  Over the next 3 months, though, expect U.S. markets to appreciate in value 25%, just like with Japan's 1998 debt downgrade from AAA to AA resulting in the Nikkei jumping 25-30%.

you're quickly losing credibility.  stocks continue to crash and bitcoin rising.  sorry.

Look, I'm all on board with bitcoin and everything, but the slow climb back from lows not seen before in months is not what I'd call a significant rise worth noting.