Economy
Related: About this forumMarkets End July in Dive, but Analysts Are Upbeat.
SO HAPPY 'Analysts are Upbeat!" I WON'T check my portfolio!
http://dealbook.nytimes.com/2014/07/31/markets-end-july-in-dive-but-analysts-are-upbeat/?hp&action=click&pgtype=Homepage&version=HpSum&module=second-column-region®ion=top-news&WT.nav=top-news
Demeter
(85,373 posts)DJ13
(23,671 posts)Declining wages, no government restrictions on antitrust issues, ever higher executive bonuses, outside of a shrinking middle class leaving an ever smaller consumer base with a disposable income (see declining wages) that will decimate future sales whats not to love?
The markets across the board did a dive, but so did a lot of commodities and currencies.
If this continues over a week or two, somebody is pulling out large amounts of money to cover something else up. Otherwise, it's a combination of a correction with war jitters.
Shorting the "analysts" is one of the wisest investing decisions anyone can make.