'Wiped close to $100 billion' off stock market value: ASX plunges

Sky News Business Editor Ross Greenwood says it was “pretty bad out there”, regarding the ASX.
“The ASX 200 started the day, was a fairly modest fall at the start … down by around 100 points. But as really the momentum built up during the day when the Japanese and Korean markets hit the skids,” Mr Greenwood said.
“The ASX 200 down by 3.7 per cent, 293 points - that wiped close on $100 billion off the value of our stock market today.
“There was almost nowhere to hide.”

[@GaryNicka]

I dont even know where the stock market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash .

[@kurtKking]

i'd advise you redistribute assets in your portfolio with the help of a pro so you don't get burnt in the market

[@Monicamonasky-]

Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.

[@Jamesjerome0]

pls how can I reach this expert, I need someone to help me manage my portfolio

[@Monicamonasky-]

GRISELDA ELENA JEMMOTT is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@Jamesjerome0]

Thank you for the lead. I searched her site up and filled the form. I hope she gets back to me soon.

[@chrisolsen5280]

Why as an American am I coming to an Aussie news outlet more and more often to get my news? Keep it up Sky News!

[@lilpandanesegirl]

same LOL

[@scrufflesmcgoogles6574]

Because American media has become an arm of the Democratic Party. They just gaslights us endlessly

[@sirmagnus99]

Exactly. Can't get world news in America.

[@juliboladao]

I'm brazilian and I've been recently watching more here too haha

[@dinkmartini3236]

Because our outletts have either sold out or are hand-cuffed on what they are allowed to say.

[@NicholasBall130]

Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.

[@cowell621]

It's crucial to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.

[@LiaStrings]

that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+

[@StocksWolf752]

How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings

[@LiaStrings]

I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Sharon Marissa Wolfe turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.

[@lolitashaniel2342]

I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@journeyman6752]

Unemployment is closer to 15% and inflation closer to 30%. Same in Australia.

[@simonsays1370]

Spot on!

[@peterschmidt1453]

Yep, nothing but lies since 2008, and only half truths the 20 years before that.

[@paulgerhardt6499]

Correct ✅

[@Andre_XX]

The ABS needs to undergo an independent audit. The numbers they pump out are pure fiction.

[@carlosk8103]

Yeah the way unemployment is measured is faulty...

[@ActiveDodger]

War, Recession, Crash, what a great time to be alive.

[@tomr6955]

And the icing on the cake? Completely inept leadership across the West.

[@morganoox3838]

You forgot pestilence.

[@rapha1988]

And stupid persons in charge…

[@recon_ron7746]

This is easily going to go down as one of the worst decades in history, like textbook bad, ironically the opposite of the roaring 20s

[@0401412740]

Also pandemic

[@NancyAllen-n7t]

AI stocks are set to dominate 2024. I prefer NVIDIA because they're well-positioned for long-term growth and support other AI companies. I know someone who made over 200% with NVIDIA. I'll also consider the other recommendations you made.

[@auboisdaline]

I agree. Just because there are opportunities doesn't mean we should dive in without caution. We should look for market analysis or guidance, or seek advice from certified market strategists.

[@buttrflyns]

Absolutely, having a solid plan is crucial. My portfolio has been well-balanced and recently doubled since early last year. My financial advisor and I are working towards a seven-figure goal, although this might take until Q3 2024.

[@centollero]

I think could really use the expertise of an advisor like that.

[@buttrflyns]

Her name is Bonita Jeanette Rodriguez. Just look her up.

[@centollero]

Thank you for the recommendation. Bonita seems to have a solid reputation. I checked her credentials and set up a call with her.

[@letsgetreal-df7pu]

4% unemployment really try 15% !

[@JMPCARREPAIRS]

I hope you're wrong but you may be correct

[@tomburgundy7200]

They always say its lower than it is. Because people are sheep, so they need to make it look normal to be a slave aka employee. So that you feel like an outsider, because we evolved from chimps (tribal animal) the brain will want to follow what other chimps are doing. They need the poor people to convert their life into yachts and other objects etc.

[@wolfy9005]

Even if unemployment on paper is 4%, a lot of younger people are underemployed and so realistically are still on the govt purse, which artificially lowers the unemployment rate

[@carsonhunt4642]

@@wolfy9005in the US, if you have not actively searched for a job within the last week, you are no longer considered an unemployed worker, you just count as nothing, like the homeless. This helps us boost our metrics to appear better than they are. Similar tricks for inflation numbers.

[@f1aziz]

@@carsonhunt4642 Good thing about stats is, you can cook them up and if even then they look bad, you can interpret them in 10 different ways.

[@lynmay4667]

This is the world coming to an end all because of our stupid politicians and GREED!😖😖

[@BaronEvola123]

Politicians are cover for Oligarchs.

[@Limitless852]

Relax

[@Whatnok]

And those who voted for them🤢😡‼️‼️‼️‼️‼️‼️

[@DurtyDog]

Don't forget capitalism, or does that count as greed

[@floralcouture3763]

@@DurtyDog .. wrong, you don’t want a marxist dystopia.. or do you?.. are you insane?? Central banksters are to blame .. open yr effing 👁’s

[@Jannaraymond829]

If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you.... prevent inflation

[@islaperez1151]

Right, the role of adisors can only be overlooked but not denied. I got financially free at the age of 49 with over $1.6m in investment account alone. I was shocked that I made more money with money than with hard work, even my CEO income. Earning "return on investment" makes me more happy. (But I still enjoy working)

[@Jannaraymond829]

Spot on. The market presents different. opportunities to create passive Income, with the right skill and proper understanding you're good to go

[@islaperez1151]

You're right, the best time to buy in the market is when there's fear. A huge part of my growth has also come during this bear market. This year alone, I have scaled from 180k to over 354k.

[@deeannagartenhaus6978]

How were you able to make that much? Seems like I'm not lucky enough.

[@islaperez1151]

If you don't want to crash and burn, you should seek the advice of a fiduciary counselor when you first start out. Fiduciary-counselors have exclusive information and data paths that are not available to the general public. Understanding the direction of my Fiduciary-counselor MARY CALLAHAN ERDOES SERVICES.

[@user-yk3cd2qj8d]

One of the most obviously predictable market down turns in history.

[@MrRem7600]

you must have made millions shorting the market then

[@user-yk3cd2qj8d]

@MrRem7600 I dont, short my supers 100% in cash. I'm a former fund manager, and I can tell you this was one of the most obvious pending market downturns in history.

[@MrRem7600]

@@user-yk3cd2qj8d if you were actually a "former fund manager" you'd realise how patently absurd putting 100% of your retirement in cash is. Good luck with that strategy. Thanks for confirming you have zero idea what you're talking about 😂

[@carsonhunt4642]

@@user-yk3cd2qj8dit was obvious sure, the harder part was the “when” it would happen. Should have happened in 2021 but the current admin decided to inflate it exponentially to delay the inevitable.

[@tanyaz1812]

@@user-yk3cd2qj8dWhy? Interested.

[@terrydavis5501]

Didn't Diaper Joe tell us that the US economy was booming under his own brand of wrecking ball? Please, no-one ask Cackling Kamala about economics!! She was in charge of the southern border and her performance down there makes Diaper Joe's economic achievements (LOL) look awesome.

[@ronaldlindeman6136]

trump had fewer jobs in the United States than trump had when he came into office. President Biden had the most jobs created of any President of the US in his 4 years as President, over 14 and one half million. trump had 2 and one half fewer jobs. trump had low inflation, not much of an economy, President Biden had a recovery economy from the pandemic.

[@TAShannon1]

​@ronaldlindeman6136 where do you get your information, the gumball machine? Joe and all his democrat supporters, senators, governors, Obama appointed judges and DA's forced the lockedowns destroying jobs claiming how "Trump doesn't care about people dying from covid because he doesn't want to RUIN PEOPLE JOBS". Biden get's in and magically "Covid is no longer a problem anymore". When everyone went back to work he claimed it at job growth. Every person that had to get a second job from struggling so much had their job counted as job growth.

[@bonitajanssen745]

THE ANTICHRIST WILL FIX IT.

[@erikgarcia2854]

​@ronaldlindeman6136 Yeah, biden barely recovered the economy in 4 years. And those jobs are just people returning to their jobs or getting part-time jobs. Speak of incompetence and misinformation. 🐑

[@robkoerth]

@@ronaldlindeman6136sure Ron, that’s why everything is so great now. Biden isn’t at fault, you got an abusive husband you love, don’t you.

[@robstone4537]

I am off to Coles to buy toilet paper!!

[@someoneout-there2165]

Poo poo paper

[@klausr3581]

just use the bills in your wallet, both are worth the same

[@17th_Street_Preacher]

Take trailer

[@Ryan-tm6zm]

Toi lai paper toi lai paper

[@user-uy8iy5nh1j]

@2470qwerty if people don't have a stockpile of toilet paper after what just happened then more fool you! I can't understand why people don't learn!

[@JamesBond-vn1gh]

Well, that's Kamala and Joe policies for you, they keep spending and printing.

[@Prufrock888]

Ok James Bond.

[@kgraham5820]

No one party got us where we now find ourselves. Chalk it up to cumulative irresponsibility by all involved for decades and decades!! Two wings, same bird. 😮

[@mrjack8849]

@@kgraham5820I tend to agree with that, but Biden has given out so much money, inflation skyrocketed under him.

[@robkoerth]

@@kgraham5820convenient bs

[@fromthebirchwood]

I’m convinced that investing 50k-100k in the right company before it goes big is more important than buying the dip, however picking the right company can be hard. My question is, what are the best opportunities to accrue profits now, amid market crash?

[@J.woltz48]

I would recommend little healthy companies with great growth forecast and that are undervalued like Occuphire pharma or Ardelyx

[@arlenehill4ril]

for me, investors should start with S&P 500/ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth

[@Charlesman_T]

The issue is people have the "I will do it myself mentality" but not equipped for a crash, hence get burnt. Ideally, advisors are reps for investing, and at first-hand encounter, my portfolio has yielded over 300% since covid-19 outbreak to date, summing up nearly $1m.

[@okaydamian]

@@Charlesman_T truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

[@Charlesman_T]

Karen Lynne Chess is the licensed advisor I use. Just google the name and you’d find necessary details. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@apolloxiii5574]

Seems the balloon is about to pop.

[@michaelwhittaker7960]

now who could have predicted that?

[@danechristmas6570]

​@michaelwhittaker7960 Everybody paying attention could have predicted it because we've been down this road before but nobody's saying it..

[@TheStoicPath_]

It will all break out before 2029! My latest upload explains it all! Biblical prophecy unfolding 🙏

[@jeremiahdonaldson1678]

It's been working up to it for months while fools took the bait being thrown out by mainstream media and kept dumping money into stocks.

[@jeremiahdonaldson1678]

@@danechristmas6570 Everyone paying attention did predict it. However, worst case scenarios didn't put us here for another 4-6 months because all the numbers being released by the gov are fraudulent, and those numbers were all we had to go on.

[@kidsoxoxox]

And Gold in $AUD only keeps going up :) Fiat is for deluded fools.

[@oldbloke204]

Finally able to say that after years and years of nothing then? What are you going to do with it?

[@adiintel1]

@@oldbloke204 your so jealous! 😆

[@paulveenings6861]

Can you go down to the supermarket and buy a litre of milk with it?

[@paulveenings6861]

@@oldbloke204interesting times .

[@oldbloke204]

@@adiintel1 It's you're and no I'm not. More than happy with our returns from our FIAT cash since interest rates went up and our retirement savings have been doing better than I was expecting. If it all goes to the Dogs I will still enjoy our productive property. How are you going.

[@rollickplays3579]

I am in usa it is 5 am its going to be a blood bath today.

[@mxkxveli5616]

@@TheStoicPath_stupid shit 🤦‍♂️ leave imaginary shit out of reality

[@merrymuso]

@@TheStoicPath_ WHICH god? ALLAH RA VISHNU HORUS ARISTAEUS ATLAS CRONUS DIONYSUS EREBUS EROS GLAUCUS HADES HELIOS HEPHAESTUS HERACLES HERMES HYMENAIOS KRATOS MOMUS MORPHEUS BUDDAH or one of the other thousands of gods? And WHICH holy book? Islam: the Qu’ran, 1.6 billion members Hinduism: Rig Veda, Bhagavad Gita, Sama Veda, Yajur Veda, and Athava Veda, 1.1 billion members Buddhism: Dhammapada, Pali Canon, 376 million members Judaism: Tanakh and the Talmud, 14 million members Christianity: the Old and New Testament, and the Apocrypha, which are regarded as Scriptures by 2/3 of Christians (Catholics and Orthodox. 2.2 billion members) Sikhism, the Adi Granth, 10 million members Taoism, the Tao te Ching, 8 million members Baha’ism, the Kitab’i-Aqdas, 7 million members Confucianism, Analects, I Ching, Shi-King, Shu Ching, and Li Chi, 6 million members Jainism, Tattvartha Sutra, 4 million members Shintoism, Kojiki and Yengishiki, 4 million members Zoroastrianism, the Avesta, 3 million members

[@serpentinefire921]

Lolololololol ​@@TheStoicPath_

[@tomobedlam297]

What's the news from the toilet paper aisle?😮

[@oldbloke204]

Pretty crappy really.

[@jonathanandrew2909]

It’s on a roll.

[@privateAcc0unt]

@@oldbloke204 🤣🤣

[@paulveenings6861]

I’m down to one square a day. Cost cutting.

[@yrbuddy77]

My sam’s club yearly order was delivered on Friday im good to go.

[@annazhong5234]

So now the age of retirement is raised to 200 years old. It’s good for the economy.

[@Leondegrance2]

I plan on having kids at 300.

[@SayaddinaBeneGesserit]

YESSSS! FINALLY! I can retire my corpse 100yrs after I die! PHEW!

[@pommygeezer9309]

2024 : The year that keeps giving & giving

[@carolinetapia8568]

GIVING ARMS😂😂😂

[@windsong3wong828]

Eventually all things insane must become sane. How can business do well when interest rate is so high ? Similarly , stocks cannot be high when fundamentals are weak.

[@stewatparkpark2933]

Interest rates are normal .

[@PSUQDPICHQIEIWC]

Everything is possible in clown world.

[@benzski44]

@@stewatparkpark2933interest rates in the USA are at a 23 year high

[@peterschmidt1453]

I agree, except that interest rates are not high, it's just that the inflation of everything has driven prices to ridiculous levels because interest rates were kept too low for a decade.

[@carsonhunt4642]

@@stewatparkpark2933unfortunately they have conditioned US ppl to think that 0% interest and infinite debt/inflation is a good thing and normal. It’s ironic how business existed forever with high rates, but only now is it a problem ? Well ofc it, taking massive loans and creating infinite inflation through debt is a rich man’s game, with the added benefit of making ppl indebted long term (= more obedient.)

[@alanhughes1262]

35 trillion us dep't has opened up eyes.

[@MrRem7600]

250 trillion of unfunded liabilities. Debt to GDP ratio about 125%. The US and the USD is cooked.

[@chrisb2743]

australia will be screwed also we have no job creation buy the govt rba made this inflation new taxes we should start to wake up now all this wef a problem net zero policy climate hoax

[@Dragonk116]

And it will probably double under trump, don't expect him to fix it as he is also a millionaire part of that elite class.

[@gavinrudd9949]

Lol no President of USA is gonna fix it period. World wide crash incoming & a financial reset is the only way. ​@Dragonk116

[@soundmind192]

​@@Dragonk116You sound like a Joebama supporter. So you voted for the wrecked economy and millions of illegals flooding in.

[@robertdujin1365]

The World Debt. Just keeps on rising 😂😂😂😂😂😂😂

[@armandoreyes2750]

And now it's coming to collect.

[@ProudAussie23]

Yeah.. those Martians who lent us all that money must be worried about our ability to repay them.

[@nisebiggs6572]

They all owe money to each other.

[@17th_Street_Preacher]

F for Fraud

[@davidbrayshaw3529]

A correction in the market slows the growth of debt as it reduces collateralisation. Given that growing levels of debt have been responsible for growing the economy for the past 25 or so years, this could be a slight problem.

[@pookeyhutchison7838]

Well Jim the Dud will spin this as a master stroke of economic handling.

[@stewatparkpark2933]

Still waiting for him to reinvent capitalism .

[@pookeyhutchison7838]

@@stewatparkpark2933 The complete economic Dud.

[@filop]

Needs to be Charged with Financial abuse on the Australian people

[@user-uy8iy5nh1j]

Whatever he sais do the opposite. Jim Kramers mate

[@pookeyhutchison7838]

@@filop Totally agree.

[@archangel763]

Oh, just wait till tomorrow.

[@senamy424]

There will not be tomorrow .

[@stayeduptolate6586]

​@@senamy424There will be just cause the market crashed doesn't mean people is going to shoot nukes at each other

[@melu0o]

@@stayeduptolate6586 this is the beginning of the end

[@user-uy8iy5nh1j]

But but this guys has been saying the stock market was doing just fine and no need to worry😮

[@nisebiggs6572]

They said that about Biden. Narrative whiplash.

[@user-uy8iy5nh1j]

@@nisebiggs6572 100%%%%%%

[@haroldcruz8550]

They need to sell that story silly, they need to give people like Buffet, Larry Fink et al time to liquidate their stocks before telling you the truth.

[@davidbrayshaw3529]

It still is doing fine if you don't buy one week and sell the next. I sold Resmed today. Down 5% from yesterday, but still up 20% from a year ago when I purchased them. I'm not complaining. Sold Telstra at a profit last week and CBA at a really good profit the week before. Dips and crashes happen. It's a way of sorting the men out from the boys.

[@user-uy8iy5nh1j]

@davidbrayshaw3529 it's a way of destroying super. When everyone else is poor around you, you think it's safer or more dangerous?

[@petejames1326]

the DOW futures are down another 500 points, ill be buying ANZ, BHP, Woodside when they fall more

[@peterschmidt1453]

Don't forget CBA as well. I'm cashed up too for the buy in.

[@petejames1326]

@@peterschmidt1453 im after yield cba has low divvy, this is only the start dont buy big yet, wait till the dow opens down 10% lol than start to slowly buy, remember the 1929 crash look about 2 years to fully drop to all time lows after the initial crash

[@elaine4577]

I feel it's still early stage, stocks will fall further

[@Mrmike-g7p]

Watching the crypto market's ups and downs shows how quickly things can change. In crypto, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 1.2Biitcoin to a decent 11.4Biitcoin... I'm especially grateful to Harry’s Dent, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape…..

[@Mrmike-g7p]

He's mostly on Telegrams, using the user name

[@Mrmike-g7p]

HarrysDent

[@AaronRogers166]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience…

[@RuthCastillo-z4q]

Well this is not my first time of seeing his name on social platform. I think he's extremely brilliant and lucrative at the same time.

[@ConnieDPerera]

Spot-on, I would always rate his signals as one of the best ever used 100% accurate.

[@carlosk8103]

Bubble finally getting ready to burst...

[@Aquabreeze]

JAPAN! Sky News, it’s about the JPY CARRY TRADE!

[@vking4535]

Its about both.

[@brucetaylor2887]

Both indeed but they don't even mention it. That and the comments (mostly) here and I'm off to listen to better reporting.

[@redacted629]

The stock market: A financial casino or trade gambling manipulated by the house (and certain others) for desired outcomes. Perpetuated for gain. Operated by a mob-like entity using government as the force or muscle to protect the house, as it has a stake in the game. Capable of wealth extractionand/or the illusion of 'winnings' to aid in its perpetuation. Once we are free of certain concepts (or misconceptions) we can see things in a new light.

[@haroldcruz8550]

Only to retail investors, for those that have access to insider trading like the 1% it's very profitable.

[@5KristynSanchez]

Thank you for your videos... BTC price has been volatile lately, but I believe it's crucial to focus on educating newcomers on strategies beyond simply holding through market dips. One advantage of this space is the ability to buy during dips and actively trade, generating profits while awaiting inevitable price increases. Many people lack a deep understanding of how this market operates. Charts cannot predict asset movements with certainty; prices fluctuate up and down. Despite this volatility, the market remains profitable.... I have managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[@5KristynSanchez]

She's often interacts on Telegrams, using the user-name.

[@5KristynSanchez]

@Lindawilburn

[@charadreemurr4221]

In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Linda’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.

[@georgigeorgiev6521]

Always backup your trading with a good strategy.

[@2Luisalvarado]

Nice, I was just hodling before I found Wilburn. In my opinion she is the very best out there.

[@thethinkingman9338]

if they drop rates, Bitcoin will head to $150k, Gold to 5000k and Silver to $75

[@jamesdoe3713]

lucky I bought my G & S years ago :)

[@daleolson3506]

Bitcoin? Ponzi scheme

[@JMPCARREPAIRS]

I bet even thoose numbers are not even accurate , I would speculate that the real unemployment in us is from 8.5 percent to 11 percent sadly , anyone in the market should expect it to match that buy years end..

[@floralcouture3763]

Exactly

[@kirkburns1308]

Printers are warming up

[@user-sk8jx4rx7h]

TAKE YOUR MONEY OUT OF THE BANK NOW..!!!!

[@AriKariG]

chill out....

[@alanhughes1262]

nah banks are safe , shares have been overpriced for a long time.

[@PSUQDPICHQIEIWC]

Yeah, but where am I gonna store an entire $932.00??

[@pommygeezer9309]

ATO already took mine

[@williamfeick6741]

You have money to put in the bank?

[@Nolongerangry]

How unemployment is calculated is if you have exhausted your benefits or have not applied for a job in a while you no longer count. Truthfully unemployment is really around 15 - 18%. Too many people are relying on others to carry them through. I've seen a single 3 bedroom one bath house with 4 families sharing it.

[@edadams4631]

Buffet knows, get off the Titanic

[@TheStoicPath_]

It will all break out before 2029! My latest upload explains it all! Biblical prophecy unfolding 🙏🙌☦️

[@svx_n_sxvn6244]

Not having any money never felt so fkn good!

[@DurtyDog]

Amen, fuck em

[@coretmanus4688]

This is just the setup for Monday.

[@AJ-ox9xj]

People have been asking why I don't invest more since the big stock boom. This is exactly why. I want as much cash as I can for a house because interest rates are going to lower now, along with house prices next. The best time to buy a house is when most people can't buy a house.

[@jordonpollock1550]

Bring it on keep plummeting!!

[@DurtyDog]

🎉🎉🎉

[@ballaratevil6048]

All those people losing their gain's

[@haroldcruz8550]

It's their fault for believing Yellen, Powell and mainstream media

[@lliamjurdom9505]

oh dear the sky is falling

[@TariqOsman646]

As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Whitney Eston insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings, managed to grow a nest egg of around 127k to a decent 532k. Kudos to the journey ahead!

[@TurboCarlos]

Scammer lmfao

[@davidbrayshaw3529]

There will have been more than a few day traders that hung themselves today. No, you can't hold onto everything forever and there's a time to take a profit, but old father time has proven himself to be very good at reaping rewards in the stock market.

[@spot_of_tea53]

DoorDash, UberEats, can only hold up the economy so much 😂😂😂

[@gilbertcouto8537]

👏🏽👏🏽👏🏽👏🏽 let it fall . Free markets not manipulated markets.

[@martinhami3]

Trump 2024!!! Vivek 2028!! Make the West Great Again.

[@johnhiggins8280]

Trumps tariffs will make things worse. And I can’t stand the Democrats. It’s just reality

[@floralcouture3763]

His son-in-law was annointed for 2028 Jared K

[@tomr6955]

Vance 2028 and 2032!

[@way_truth_life_of_love]

I agree!!!❤

[@petersanders2815]

As if Trump would have a frigging clue. He was crap first time around. Not that Harris would know anything, but treating Trump as if he’s the messiah is completely bonkers.

[@lindawilkinson6912]

Right now hours before opening 6am EST our stock futures are down almost 800 points.

[@chicojcf]

crickets, crickets here Central standard time0925

[@peterl3669]

When will house price drop 20-30% ??

[@raefairflaxen4367]

They won’t cos it’s Black Rock and similar buying uo houses to rent out at high rents keeps Buying house price high tok These companies should be banned from buying single houses Keep them only in the apartments and retail complexes.

[@armandoreyes2750]

This is highly suspicious.

[@josephpurdy8390]

Powell not raising rates by another 1500 basis points is highly suspicious.

[@hunterguy30]

Not really ,business as usual 😂😂😂

[@jeremiahdonaldson1678]

What's suspicious is how mainstream media pushed fake news about a 'soft landing' when they should have known it wouldn't be. Everyone that dumped money into stocks over the last two months just got had.

[@davidbrayshaw3529]

No, it's not. The market has been overvalued for some time on a number of metrics. It just took Japan to raise its interest rates and Berkshire Hathaway to sell half of its Apple stock to trigger a big sell off.

[@jamesbarlow4474]

So people with money to burn, have had it burnt!

[@PSUQDPICHQIEIWC]

Well, to be fair, they're burning _everyone's_ money, regardless of amount or consent.

[@haroldcruz8550]

What are you taling about, the 1% have already liquidated their stocks.

[@dalesandberg6474]

This is nothing compared to what the future holds! Hang on and enjoy the ride!

[@seeekerman1342]

Yeah...Let's Add 14 Million Illegal Aliens and Counting, that will help...

[@bobbysani2126]

what are u talking about ?

[@seeekerman1342]

@@bobbysani2126 Jobs. Did You Watch This Report???

[@TheStoicPath_]

It will all break out before 2029! My latest upload explains it all! Biblical prophecy unfolding 🙏🙌☦️

[@bobbysani2126]

@@seeekerman1342 are u talking about the immigrants or jobs?

[@robkoerth]

@@bobbysani2126we’re talking about young retarded bots

[@rmviv4rmviv443]

I suggest buying herb seeds,medicinal seeds,tea seeds,fruit trees,berry bushes.....I bought these and am buying already buying dwarf coconut trees, grapefruit trees.. tangerine trees already half grown.. when shtf install barbed wire inside you home at the windows doors makesure you can remove it to go outside......buy rain water barrels....time when to fill your bathtubs and faucets for extra water....a blanket outside in the morning with morning dew should soak up water....if you have to starve turn it into a fast for food the next day and fast for protection for those with faith...

[@johnpalermo9537]

Buy the dip

[@Trance_OCE]

The unemployment rate in Australia is above 15% in actuality. You can't hide this anymore.

[@robertmallac8398]

GFC 2024, and this time it will not be a deflationary depression but stagflation.

[@pattayaguideorg]

Nearly time for someone to be king of the world

[@Purrrjury]

I'm sorry to the world, the United States is currently closed we don't have a President.

[@walden6272]

Don't need a President. All we need is Jerome Powell to write a check to every US citizen for $20k and let them spend it like drunken sailors and the market and economy will boom.

[@Purrrjury]

@@walden6272 show me the $$$!

[@Pifagorass]

Yes, Australia doesn't have a president just a king 👑 😂

[@bobbyhorowitz9089]

You never did.

[@haroldcruz8550]

Yes you have, he just made a speech to Congress on July 24. Oh, don't tell me you thought it was Biden? You sweet summer child if you only know who really runs the US.

[@johnwoodrow8769]

Look at the positive. Buying into good solid companies just became a lot cheaper. The old value investing mantra "Sell in the Boom, buy in the Gloom".

[@elizabethwirtz2157]

Interest rates in the US will have to go sky high if they want to sell debt. Lending to the US is risky because of their astronomical debt. The US will have to pay high interest to price in risk.

[@davidbrayshaw3529]

Interest rates and bond rates will fall on the back of this. It's groundhog day. We're back to 2008. This is what classical liberalist capitalism is all about. Boom, bust, boom, bust. It's what happened throughout the late 18th, 19th and early 20th century. This Reagan and Thatcher's baby at maturity. They wanted it, but we have to now nurture it.

[@Mark-hn5bm]

No, there’s an excellent place to hide. I’ve been hiding their for many years. It’s behind things that have been money for 5000 years, aren’t simultaneously someone else’s liability and cannot bankrupt

[@jamesdoe3713]

;)

[@Mark-hn5bm]

Not only that, myself and others who have prepared similarly, when all is said and done will be on the correct side of the biggest wealth transfer in the history of the world

[@TheStoicPath_]

It will all break out before 2029! My latest upload explains it all! Biblical prophecy unfolding 🙏🙌☦️

[@jdoedoenet]

Shocked, I tell you. Shocked. 🙄

[@gregdean8441]

The beginning of the end has started! Buffet isn't selling for no reason Stacking cash to buy cheap after the coming crash !

[@TheStoicPath_]

It will all break out before 2029! My latest upload explains it all! Biblical prophecy unfolding 🙏🙌☦️

[@Raymondcraw1967RaymondCrawley]

More money are lost making some mistakes in market crash like: rushing to buy stocks, having a get rich quick mindset, micromanaging your portfolio.

[@AndersonFair-cy2bb]

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+

[@sbs2837]

Greedy property owners who pushed the prices to high. This is for you!😃

[@ProudAussie23]

Property owners did not push up prices ....people buying did that by offering stupid amounts as there were not enough properties being built.

[@peterschmidt1453]

Banks push up property prices with credit. No body buys with cash. In the early 90's banks would lend 2.5 times your salary, so people on $50K with some savings could bid around $120 to 150K. Then banks made it 3 times, 4, then 5, no deposit loans. When 10 people show up with 100K loan preapproval the highest bidder will pay about $120k. When 10 buyers show up with $750k loan preapprovals the same house sells for $800k. Greedy banks and government, not greedy home buyers.

[@trythis2821]

Immigrants are the problem, supply and demand. Actually, it's not immigrants fault it is Albo as he let me them in and continues to do so.

[@artmaknev3738]

Its falling so fast like a ponzi wtf 😮

[@TheStoicPath_]

It will all break out before 2029! My latest upload explains it all! Biblical prophecy unfolding 🙏🙌☦️

[@artmaknev3738]

@@TheStoicPath_ 2029 long time away, crypto market could be officially wiped out by then from the coming quantuum computers that can break the blockchain easily

[@doolittlegeorge]

Rockefeller Penny Fountain in New York City suddenly very busy absolutely.

[@jeffmoore8727]

Someone sandbagging the stocks!

[@DigitalNomad88]

All by design! Everything is carefully manipulated! No one can predict what happens the next day! We all find out when it's already too late and "something" already happened...

[@marieabineau]

and so it begins...

[@BA-gn3qb]

I am anxiously waiting to see how the stock market in North Korea responds. 🤗

[@Ourhomeonearth]

FkH and FJB vote Trump 2024

[@DurtyDog]

FDT, FYT

[@minchen5187]

But but…. That’s like “humanly impossible “ right?

[@BjWeeks]

Just bcz markets are crashing doesn’t mean inflation is, no cuts anytime soon I’m afraid

[@peterschmidt1453]

Oh, the fools will be cutting, damaging the bond market and spiking inflation again, and a few months into 2025 interest rates will have to be raised even higher to stop the government bond sell off and to try and rein in inflation, it will be one crisis after another for a year or so.

[@ericgergen3868]

Yeah I don’t trust those numbers unemployment is at lest 10% if not higher no way it’s 4.3%

[@TheStoicPath_]

It will all break out before 2029! My latest upload explains it all! Biblical prophecy unfolding 🙏🙌☦️

[@SaveAmerica4547]

From USA your news rock !Trump / Vance 2024

[@DurtyDog]

FDT

[@barrybarry6592]

Employment figures in the US counts part time jobs as full time effectively. All is falling apart at last

[@InnocentAnglerfish-pr9cl]

Greed meets greed

[@jackieboi3226]

finally some good news ..

[@zionismisterrorism8716]

Fasten your seatbelts.

[@backtoobasics]

We been calling for a correction for 7 years. Good morning😂😂😂

[@99bevo]

My old man used to say when things like this happen the strangest thing usually happens that creates jobs & wealth & that is War .. my dad believed in times of war the manufacturing of military equipment is profitable for governments ..... Kind of ironic that there's a possible war about to start in the middle east & his theory might be tested..

[@Northstar_004]

Oh finally!! Now I can actually buy! 😊

[@ronaldjohnson1474]

Trump 2024!

[@zoransarin5411]

Trump recently claimed that the share market was peaking because it was anticipating his election as President. So by his own claim that he is responsible for the stock market movement, this downturn is his fault. So why would you vote for that?

[@ShaneMcGrath.]

Spoken like a leftwing nutjob, Always blaming someone else, Never take responsibility.

[@justinbam-ih9xz]

@@zoransarin5411 name one single reason why anyone should vote incompetent kamala over king TRUMP?? Ill wait... Until then the ENTIRE WORLD will be voting trump and no amount of crying and complaining will stop it , trump Will beyond any single solitary shadow of a doubt be the next president PERIOD! END OF STORY!!!

[@helenowen5408]

​@@zoransarin5411 but according to the msm polls cackles has hit the lead soooo...🤣🤣🤣🤣

[@diegolove173]

@@zoransarin5411 Hahahahahahah well said

[@Tbusx]

Great news would like to see the market drop 5000 points and stay like this for one year

[@KoDeMondo]

😂😂THE bloodbath has started... 🎉🎉🎉

[@scottarmstrong1196]

Money just doesn’t disappear. Somewhere someone has that money

[@ShaneMcGrath.]

Oh poor greedy investors, Too bad! House crash next!

[@simonsays1370]

I'm all for it. Bring it on!

[@myne00]

First markets, then jobs, then houses

[@cameronmilne5319]

It wasn’t the unemployment figures u amateur! It was the Nikkei collapsing!

[@davidbrayshaw3529]

It was a bit of a numpty call, wasn't it? Oh well, it doesn't matter, it's what we've come to expect from SKY... total misinformation and no research.

[@paranormalgamesstudios]

Lets be real the stock market is a scam

[@Andre_XX]

Absolutely right! And we are expected to trust our retirement funds to this lunatic institution!

[@floralcouture3763]

But the collapse of the $ ISNT.. so prepare!!

[@DurtyDog]

Exactly, i can't wait for the Wall Street jumpers 🍿💃

[@harryoriander2255]

Ohh dear

[@ricky7590]

Bidenomics

[@jacd4690]

Great report 💪🏻

[@JimRevell-ny4hw]

Lots of people out of work , bring in more migrants , vote democrat , that should solve the problem !

[@DurtyDog]

Racsism, while you let the politicians, police and oligarchs get away. DB

[@Julia29853]

It started on Friday. Japan carry trade part of the mix.

[@JOHNDANIEL1]

Sad times for the new world order.

[@RT_today]

This is what they want. Stock up on everything now!

[@sks4728]

Housing will finally be affordable🤣

[@MrRem7600]

no, it won't. Rates are about to be lowered, and the money printers cranked into high gear.