Member Info for Darth.Trader

Could be next 'black swan event' for markets, hedge fund EDL says..

https://www.reuters.com/markets/currencies/chinas-sliding-yuan-could-be-next-black-swan-event-markets-hedge-fund-edl-says-2023-08-17/?taid=64de153157e3580001450354&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

DYOR

Mick-b !

pmsl....

DYOR

MD..""88 and LTI thinks they own this bb , anyone with a different view""

FFS, LOL...i recall you trying your best to tear me a knew one every time I posted....lol.

DYOR

GB13, I didn't realise you are so sensitive and the way you hand it out as well....,go figure eh ..

DYOR

Gazz, think we have all dabbled, as you say for 5h1ts 'n' giggles, lol,...it was like having a prosthetic leg third leg....

DYOR

GB13, Ye, you come across as stiff...,Rigor mortis like...

DYOR

""in my mid 50s"

i see, the Blue pill era...lol

DYOR

Despite good economic data like lower core inflation, stable jobless claims, lower inflation expectations and strong consumer spending that support the soft-landing narrative, the Russell 2000 just keeps on falling with very shallow pullbacks. One of the main reasons might be the non-stop rally in long term yields and real yields as it makes financial conditions tighter ultimately weighing on the stock market. The good economic data might also be interpreted as bad news because inflation might remain higher for longer requiring more tightening from the Fed. There’s no easy answer at the moment, so the technicals should be more helpful.

DYOR

GB13,

"Remind me never to go out for a drink with him. I don’t really fancy slitting my wrists just yet 😉"

I Don't do "Grab a Granny" nights....you and Mrs Bucket will have to rely on Ann summers hardware...

DYOR

10-year yield at highest since October, drags on shares

The U.S. 10-year treasury yield on Thursday reached its highest in 10 months, underpinned by fears that U.S. interest rates might stay higher for longer, contributing, along with China's economic woes, to world stocks languishing at five-week lows.

Benchmark 10-year yields reached 4.312% on Thursday, testing October's 4.338% a break past which would be its highest in 16 years.

"The reason behind the rise is the strong data the U.S. domestic demand. The minutes (from the Fed's July meeting, released Wednesday), feel really dated, they are talking about a gradual slowdown in the U.S. economy, but when you look at the data we are not even in a slowdown," said Samy Chaar, chief economist at Lombard Odier.

read more;

https://www.reuters.com/markets/global-markets-wrapup-1-2023-08-17/?taid=64dde8bd57e3580001a70d9a&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

DYOR

GB13, Wait until it goes sub 40....lol, Don't even think the Dark side will be able to withstand the tremors in his posts...lol

DYOR

GB13, ""I guess if someone continually guesses the time in a day, he/she will get it right at some point…….""

Are we talking about Michael Burry or TheLittleFalker..?

Only a Joke....lol

DYOR

GB13,

Mr Burry's bet on a market downturn amounts to more than 90% of his firm's portfolio, CNN reports.

That's a lot...

DYOR

GB13, I have, he's made bad calls, approx 10...

As i stated i use "DYOR" after every post...

DYOR

- The break of the support is a big bearish sign...

DYOR

GB13..""you really do need to DYOR""

That makes no sense at all, as I do put "DYOR" after everything I post hence that it's up to the reader to do DYOR...

DYOR

For first time since 2021, stoking concerns about economy.

https://www.reuters.com/markets/asia/japan-exports-fall-first-time-since-2021-stoking-concerns-about-outlook-2023-08-17/

DYOR

Investor Michael Burry bets $1.6bn on stock market crash.

"" Mr Burry's bet on a market downturn amounts to more than 90% of his firm's portfolio, CNN reports.""

https://news.sky.com/story/the-big-short-investor-michael-burry-bets-1-6bn-on-stock-market-crash-12940826!~OMSelectionMarkerStart~!!~OMSelectionMarkerEnd~

DYOR

Afternoon GB13, Posting what is in the news...the SP not exactly enjoying the positivity is it?

off for food & drink, good luck..

DYOR

How much worse can China's economic slowdown get..

https://www.reuters.com/markets/asia/how-much-worse-can-chinas-economic-slowdown-get-2023-08-15/

DYOR