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Author Topic: Stock Market Crash beginning this Wednesday (March 16) ?  (Read 13022 times)

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Offline Stubborn

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Re: Stock Market Crash beginning this Wednesday (March 16) ?
« Reply #30 on: March 17, 2022, 10:26:12 AM »
Not yet but the day is young.
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Offline Ladislaus

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Re: Stock Market Crash beginning this Wednesday (March 16) ?
« Reply #31 on: March 17, 2022, 11:18:35 AM »
Quote from: DigitalLogos on March 17, 2022, 10:24:25 AM
It's Thursday. Did it crash yet?

That informatioin is available with a simple web search.
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Offline DigitalLogos

Re: Stock Market Crash beginning this Wednesday (March 16) ?
« Reply #32 on: March 17, 2022, 11:27:18 AM »
Quote from: Ladislaus on March 17, 2022, 11:18:35 AM
That informatioin is available with a simple web search.
But according to another thread I can't trust search engine results. So I need CI to divine the answers for me :clown:
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Offline SimpleMan

Re: Stock Market Crash beginning this Wednesday (March 16) ?
« Reply #33 on: March 17, 2022, 12:11:14 PM »
No crash so far.

Is it possible that the prediction just might be wrong?

In my working days, I was kind of the investment "guru" for my office, and I always had to be careful to disclaim whatever advice I might give, lest I lead someone astray and get in trouble for not being a licensed financial adviser.  (I never went for the various certifications.)  It was basically simple working people who hadn't a clue about how markets work.  I would often be asked "what do you think the markets are going to do?", and I would tell them that if I could predict that kind of thing, I wouldn't be working there, I'd be investing and making money hand over fist at it.  No one has a crystal ball.
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Offline SimpleMan

Re: Stock Market Crash beginning this Wednesday (March 16) ?
« Reply #34 on: March 17, 2022, 03:31:42 PM »
Here's what it looked like at the close of the day, looking back a month before all of this started:




Still, though, there can never be complacency where markets are involved. 

Too bad we cannot have a world whose economy runs according to traditional Catholic social teachings, ownership distributed among the various strata of society and close to home, and then we wouldn't be at the mercy of all these market forces... and of those who make the decisions behind the scenes.
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