Emerging markets selloff picks up, drags down Europe, U.S

Comments (9)
bertanderson wrote:

I’m not sure any of those reasons are precipitating the sell off. We just haven’t had a pull back for a very very long time. Unfortunately, the news hasn’t been stellar in US or globally. The market is just playing catch up…or should I say catch back with the actual global economy. We all know that it is unreasonable to expect a rebound as quickly as we have seen from the 2009 lows. How can you go from almost global catastrophic economic destruction in March 2009 to euphoria (end of 2013) in less than 5 short years?

Jan 24, 2014 10:59am EST  --  Report as abuse
Harry079 wrote:

Too bad, so sad.

Jan 24, 2014 12:10pm EST  --  Report as abuse

Everyone in Davos says we’re doing fine. I don’t get it? All those wealthy people couldn’t possibly be wrong……could they?

Jan 24, 2014 12:39pm EST  --  Report as abuse
Dr_Steve wrote:

Let them eat cake.

Jan 24, 2014 2:02pm EST  --  Report as abuse
BakoD wrote:

They’re doing fine. They just don’t want to trickle down yet.

Jan 24, 2014 2:29pm EST  --  Report as abuse
WhyMeLord wrote:

@Dr_Steve,
Just not angel food, devil’s food would be much more appropriate.
It’s bad enough betting on an American corporation to succeed, but betting on emerging countries is too much smoke and mirrors for me.
Actually, stocks are insanely overpriced to remain at these levels.
The bond market is much safer for us retirees anyway, time to bale.

Jan 24, 2014 2:41pm EST  --  Report as abuse
divinargant wrote:

Brought to by your national central planning monetary authority who encourages you (the privileged)) to partake in further leveraging your positions in risk investment, domestic and foreign, in order to create the illusion of the wealth effect in order to dampen the reality of a currency crisis and the contagion that would obviously ensue. Meanwhile, it may be of interest for you to know that Justin Bieber has been released from jail.

Jan 24, 2014 3:26pm EST  --  Report as abuse
brotherkenny4 wrote:

Well, kind of tough, but I am sure that everything will be fine. Let’s just hope the grubby masses never figure out that the “market” is primarily a tax on their labor.

Jan 24, 2014 3:42pm EST  --  Report as abuse
fred5407 wrote:

Yah know, when the FED stops propping things up then it is time to see if he world economy is weak or strong. Looks like it is pretty weak when the FED pulls back and things go down. I think that wall street will have to start pulling its own rather than telling companies what their profits ought to be. Now, if the US Government were to say that their budget would be balanced and that we had a 10 year plan to retire the debt then you would see progress. But then all the hangers on in government and business would have to get busy or starve.

Jan 24, 2014 4:11pm EST  --  Report as abuse
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