Loans and Finance

Loans and Finance

Text

News and information about loans, money, debt, finance and business issues.

Thursday, October 16, 2014

Markets Falling - So What?

The Telegraph reports that more than £46 billion was wiped off the stock market on Wednesday, as the FTSE 100 fell 181 points (2.8%) to 6212.

Other markets around the world are also falling, indeed at one point the Dow Jones fell by 3% overnight.

For why are the market falling?

Fear, greed, profit taking mixed with (according to the Telegraph) the following:

- fears over the stability of the Greek government and its bail-out plans. Hardly new news, and one that would have been factored into the markets many months ago.
- poor retail figures and a slowdown in manufacturing from the US.

- ebola

- the ongoing eurozone crisis

etc.

Basically fear and greed as per usual!

The markets will rise again, volatility and market upswings/downswings are how people make money.


No comments:

Post a Comment