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Author Topic: Stock Market Crash beginning this Wednesday (March 16) ?  (Read 4668 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 »
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    • Not yet but the day is young.
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    "But Peter and the apostles answering, said: We ought to obey God, rather than men." - Acts 5:29

    The Highest Principle in the Church: "We are first of all under obedience to God, and only then under obedience to man" - Fr. Hesse

    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 »
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    • 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

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #32 on: March 17, 2022, 11:27:18 AM »
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    • 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

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #33 on: March 17, 2022, 12:11:14 PM »
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    • 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

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #34 on: March 17, 2022, 03:31:42 PM »
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    • 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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    Offline Yeti

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #35 on: April 09, 2022, 09:40:50 AM »
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    • On March 16, the market closed at 4357 (S&P 500). The latest close was 4488. That represents a rise of about 3%.
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    Offline Seraphina

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #36 on: April 09, 2022, 11:05:10 AM »
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    • Quote from: Yeti on April 09, 2022, 09:40:50 AM
    On March 16, the market closed at 4357 (S&P 500). The latest close was 4488. That represents a rise of about 3%.
    One reason why not to get your financial advice from CathInfo?
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    Offline Ladislaus

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #37 on: April 09, 2022, 11:26:27 AM »
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    • Quote from: Seraphina on April 09, 2022, 11:05:10 AM
    One reason why not to get your financial advice from CathInfo?

    Who was giving financial advice?  I was merely passing on a rumor FWIWW.

    They ARE going to crash the economy for their Great Reset ... it's just a question of when.
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    Offline Seraphina

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #38 on: April 09, 2022, 11:35:45 AM »
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    • Quote from: Ladislaus on April 09, 2022, 11:26:27 AM
    Who was giving financial advice?  I was merely passing on a rumor FWIWW.

    They ARE going to crash the economy for their Great Reset ... it's just a question of when.
    Just joking!  Since we know it is going to happen, one of the predictions will be right!  
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    Offline Philothea3

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #39 on: April 11, 2022, 08:50:11 PM »
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    • What do you suggest people to do? Yes obviously you can pull the money out from the stock market, but how about banks? And even if you turn all that into cash, you mentioned US dollars will become worthless, so what's your advice handling our wealth?
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    Offline Stubborn

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #40 on: April 12, 2022, 05:00:35 AM »
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    • Quote from: Philothea3 on April 11, 2022, 08:50:11 PM
    What do you suggest people to do? Yes obviously you can pull the money out from the stock market, but how about banks? And even if you turn all that into cash, you mentioned US dollars will become worthless, so what's your advice handling our wealth?
    There's been one potential cataclysmic event after another forecasted for as far back as I can remember, thankfully so far none have happened, yet. Not sure why none of them has happened yet, after all, each time things in the Church and world had gotten progressively worse, and each time "this time it's different because..."

    All we can do is our best to first, stay on the right side of God, pray and receive the sacraments often, then have zero or as little debt as possible, and keep on hand as much necessities as you can. What else *can* be done in the case of impending cataclysmic doom when your money, if you can get to it, will be all but worthless?  

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    "But Peter and the apostles answering, said: We ought to obey God, rather than men." - Acts 5:29

    The Highest Principle in the Church: "We are first of all under obedience to God, and only then under obedience to man" - Fr. Hesse

    Offline epiphany

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #41 on: May 06, 2022, 10:44:55 AM »
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    • Quote from: DigitalLogos on March 17, 2022, 11:27:18 AM
    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 epiphany

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    Re: Stock Market Crash beginning this Wednesday (March 16) ?
    « Reply #42 on: May 06, 2022, 10:46:38 AM »
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    • Quote from: Ladislaus on April 09, 2022, 11:26:27 AM
    Who was giving financial advice?  I was merely passing on a rumor FWIWW.

    They ARE going to crash the economy for their Great Reset ... it's just a question of when.
    That might have been a better title.
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