clutchcargo wrote: ↑Tue Aug 13, 2019 4:08 pm Now conventional wisdom will tell you that this can't happen until Trump is re-elected in 2020 right?

Well, in the last few days, I've started to wonder..

Seems to me everyone is in a race to devalue their currency and get to negative interest rates. Overpriced stocks and property and high debt levels. Will the stretched rubber band break?

China has taken a big hit on the share market with not only the trade wars but now Hong Kong and the risk of escalation there. A trade agreement seems increasingly unlikely.

The UK pound and share market are taking a dive coz of Brexit et al.

Germany has slipped into recession.

Italy and its loans are back again.

Japan is stuck in a rut and having its own trade war with Sth Korea.

Emerging countries like Argentina are back in the news.

With low bond/fixed interest yields, retirees are being forced to increasingly go up the risk scale to get income and fund their retirement.

Gold is up big time coz people are scared and treasuries such as Russia, China and Turkey are buying up big to provide a safe haven.

Not to mention the risk of confrontation with Iran and oil supplies.

It's not looking good. Time to bunker down?

cptrelentless wrote: ↑Tue Aug 13, 2019 4:38 pm The GBP is dropping purely from currency speculation. The UK economy has not shrunk.

cptrelentless wrote: ↑Tue Aug 13, 2019 4:38 pm The US just needs to raise interest rates, the value of the dollar will drop and voila! Instant shrinkage of the debt.

clutchcargo wrote: ↑Wed Aug 14, 2019 10:05 am So the news today is that Trump has delayed the extra China tariffs that were supposed to start next month.

Said something along the lines he doesn't want to spoil Christmas...but the editorials are saying he's lost face with the Chinese and the proposed increase was gonna hurt his constituents in the US. So much for trade wars being easy to win..

Anyway, that sent the share market up and back on a roller coaster ride..