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World Stock Markets Trading Discussion - Networked nonchalance


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All Ords 5-day chart

big.chart?nosettings=1&symb=AU:XAO&uf=0&

http://bigcharts.mar...com/default.asp

 

All Ords cranked up 1% with all sectors showing a gain.  Out in front were IT +2.4%, Healthcare +2% and Energy +1.9%.

Over in Asia, China +0.7%, Hong Kong +2.3%, Japan +1.1%, India currently +0.3%.

UK/Europe laying their ears back and going for it: FTSE +0.9%, DAX and CAC +1.1%.

 

big.chart?nosettings=1&symb=UK%3AUKX&uf=

  

  

big.chart?nosettings=1&symb=DX%3ADAX&uf=

 

 

big.chart?nosettings=1&symb=FR%3APX1&uf=

  http://bigcharts.mar...com/default.asp

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WHAT WE LEARNED IN 2018

Trade wars and tariffs are actually bad for stocks.

Rising interest rates are bad for stocks.

Overvalued markets finally correct.

 

Tarrifs are a classic case of Bastiat's seen and unseen

Yes the protected industry expands.

But the increased cost of the protected industries goods causes an overall decrease in total demand for that good and overall economic activity.

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18 minutes ago, BurntOnce said:

we'll never go back to the 60s when the average working man could raise a family.

Not the 1960's....

unfortunately, it seems we did go back....... 1860's .........The Gilded Age.......

 

"History doesn't repeat itself, but it often rhymes." 

Mark Twain

 

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