Page 2 of 5 FirstFirst 12345 LastLast
Results 16 to 30 of 67

Thread: Markets collapse - Dow down 3.5% in single day

  1. #16 | Top
    Join Date
    Apr 2020
    Location
    Olympia, Wa
    Posts
    70,460
    Thanks
    3,124
    Thanked 15,029 Times in 12,559 Posts
    Groans
    1
    Groaned 1,401 Times in 1,345 Posts
    Blog Entries
    1

    Default

    Quote Originally Posted by dukkha View Post
    i think you are correct. Rate increases should have started much earlier -
    but Biden/Congress was too busy inflating the money supply
    the classic end to runaway inflation is a recession
    This is going to end worse than that.... the collapse of the dollar as a reserve currency and the end of the current world economic order.

    China will decide the next one, but there will be a depression before they do, likely at least a decade.
    This illegal illegitimate regime that runs America is at fault...not me.... they do not represent me and I have long objected to their crimes against humanity.

  2. #17 | Top
    Join Date
    Sep 2017
    Posts
    25,590
    Thanks
    79
    Thanked 9,916 Times in 6,548 Posts
    Groans
    2
    Groaned 1,882 Times in 1,756 Posts
    Blog Entries
    2

    Default

    Quote Originally Posted by Althea View Post
    [FONT="]Walmart reported a 25 percent drop in profits to $2.1 billion for the quarter ending April 30. That translated into $1.30 per share, below the $1.48 expected by analysts.[/FONT]
    Revenues rose 2.4 percent to $141.6 billion.
    I dont expect you to know anything about the stock market, but one would think you would have some meager abilities with math. In your example above the difference between $1.48 in earnings and $1.30 is not anywhere close to 25%. Try instead 12%.

    I shouldn't really blame you, since you just post whatever your handlers give you, without a single thought of its accuracy.

  3. #18 | Top
    Join Date
    Aug 2006
    Location
    Federal Way, WA
    Posts
    68,352
    Thanks
    18,375
    Thanked 18,674 Times in 14,047 Posts
    Groans
    628
    Groaned 1,136 Times in 1,080 Posts

  4. The Following User Says Thank You to Minister of Truth For This Post:

    Life is Golden (05-18-2022)

  5. #19 | Top
    Join Date
    Jul 2009
    Posts
    134,833
    Thanks
    13,240
    Thanked 40,780 Times in 32,146 Posts
    Groans
    3,660
    Groaned 2,865 Times in 2,752 Posts
    Blog Entries
    3

    Default

    Quote Originally Posted by floridafan View Post
    One company does not reflect the entire economy, just look at the profits of oil producers and distributors.
    what percentage of sales were the profits of oil companies in 2020 versus 2022?.....
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

  6. #20 | Top
    Join Date
    Jul 2017
    Posts
    43,479
    Thanks
    12,574
    Thanked 23,756 Times in 16,563 Posts
    Groans
    249
    Groaned 1,622 Times in 1,532 Posts

    Default

    How long will gas prices be so high?

    Waldenback said there is no ceiling, but it's certainly possible for the national average to go above $5 at some point this year.

    "If we're saying the situation is like it is now, then I still think we're going to see fairly high prices for possibly the entire year and possibly longer," he said.

    prices later this week could be closer to $5 per gallon than $4, as demand continues to edge higher and inventories of both gasoline and diesel continue to decline, temperatures warm and motorists get back outside and we near the Memorial Day weekend, the start of the summer driving season," De Haan said. "There isn’t much reason to be optimistic that we’ll see a plunge any time soon."
    https://www.usatoday.com/story/money...rd/9798086002/

  7. #21 | Top
    Join Date
    Sep 2017
    Posts
    25,590
    Thanks
    79
    Thanked 9,916 Times in 6,548 Posts
    Groans
    2
    Groaned 1,882 Times in 1,756 Posts
    Blog Entries
    2

    Default

    Quote Originally Posted by PostmodernProphet View Post
    what percentage of sales were the profits of oil companies in 2020 versus 2022?.....
    I doubt you have the ability to look that up, ask your handlers for help

  8. #22 | Top
    Join Date
    Jul 2009
    Posts
    134,833
    Thanks
    13,240
    Thanked 40,780 Times in 32,146 Posts
    Groans
    3,660
    Groaned 2,865 Times in 2,752 Posts
    Blog Entries
    3

    Default

    Quote Originally Posted by Althea View Post
    [FONT="]Walmart reported a 25 percent drop in profits to $2.1 billion for the quarter ending April 30. That translated into $1.30 per share, below the $1.48 expected by analysts.[/FONT]
    Revenues rose 2.4 percent to $141.6 billion.
    so what you are saying is that although sales are up, profits are down......seems logical given conditions......
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

  9. #23 | Top
    Join Date
    Aug 2020
    Location
    virginia
    Posts
    8,341
    Thanks
    4,239
    Thanked 5,392 Times in 3,336 Posts
    Groans
    4
    Groaned 1,121 Times in 1,030 Posts

    Default

    Quote Originally Posted by Althea View Post
    The Fed poured billions into the market during Covid. People were losing jobs, not paying rent, and having a hard time feeding children, but corporations needed money for dividend hikes and share buybacks.

    Now the the Fed dumped the corporate bonds, the market is leveling out. In essence, the fantasy is over. I don't think it's the bottom yet. I'm waiting a little longer to start buying.
    A little reality usually helps.
    "Give pearls away and rubies but keep your fancy free."

  10. #24 | Top
    Join Date
    Jul 2009
    Posts
    134,833
    Thanks
    13,240
    Thanked 40,780 Times in 32,146 Posts
    Groans
    3,660
    Groaned 2,865 Times in 2,752 Posts
    Blog Entries
    3

    Default

    Quote Originally Posted by floridafan View Post
    I dont expect you to know anything about the stock market, but one would think you would have some meager abilities with math. In your example above the difference between $1.48 in earnings and $1.30 is not anywhere close to 25%. Try instead 12%. .
    that would assume that share value was a constant.....
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

  11. #25 | Top
    Join Date
    Sep 2017
    Posts
    25,590
    Thanks
    79
    Thanked 9,916 Times in 6,548 Posts
    Groans
    2
    Groaned 1,882 Times in 1,756 Posts
    Blog Entries
    2

    Default

    Quote Originally Posted by martin View Post
    A little reality usually helps.
    Here is a bit of that reality:

    Shell made $9.1bn in profit from January to March, almost three times what it made in the same period last year, while Exxon raked in $8.8bn, also a near threefold increase on 2021.

    Chevron upped its profits to $6.5bn and BP reveled in its highest first-quarter profits in a decade, making $6.2bn. Coterra Energy, a Texas-based firm, had the largest relative windfall of the 28 companies, with a 449% increase in profits on last year, to $818m.

    The rocketing profits, at a time when inflation has surged in many countries, has prompted several of the companies to return billions of dollars to shareholders via share buybacks and dividends.

  12. The Following User Says Thank You to floridafan For This Post:

    martin (05-18-2022)

  13. #26 | Top
    Join Date
    Apr 2020
    Location
    Olympia, Wa
    Posts
    70,460
    Thanks
    3,124
    Thanked 15,029 Times in 12,559 Posts
    Groans
    1
    Groaned 1,401 Times in 1,345 Posts
    Blog Entries
    1

    Default

    Quote Originally Posted by dukkha View Post
    How long will gas prices be so high?

    Waldenback said there is no ceiling, but it's certainly possible for the national average to go above $5 at some point this year.

    "If we're saying the situation is like it is now, then I still think we're going to see fairly high prices for possibly the entire year and possibly longer," he said.

    prices later this week could be closer to $5 per gallon than $4, as demand continues to edge higher and inventories of both gasoline and diesel continue to decline, temperatures warm and motorists get back outside and we near the Memorial Day weekend, the start of the summer driving season," De Haan said. "There isn’t much reason to be optimistic that we’ll see a plunge any time soon."
    https://www.usatoday.com/story/money...rd/9798086002/
    Gas prices will be above $5 almost certainly by the end of June, and they wont be going back to what we had...cheap energy, like cheap food, is over.

    Current AAA figure is $4.57, already closer to 5 than to 4.
    This illegal illegitimate regime that runs America is at fault...not me.... they do not represent me and I have long objected to their crimes against humanity.

  14. The Following User Says Thank You to Hawkeye10 For This Post:

    dukkha (05-18-2022)

  15. #27 | Top
    Join Date
    Sep 2017
    Posts
    25,590
    Thanks
    79
    Thanked 9,916 Times in 6,548 Posts
    Groans
    2
    Groaned 1,882 Times in 1,756 Posts
    Blog Entries
    2

    Default

    Quote Originally Posted by PostmodernProphet View Post
    that would assume that share value was a constant.....
    Was it?

  16. #28 | Top
    Join Date
    Jul 2009
    Posts
    134,833
    Thanks
    13,240
    Thanked 40,780 Times in 32,146 Posts
    Groans
    3,660
    Groaned 2,865 Times in 2,752 Posts
    Blog Entries
    3

    Default

    Quote Originally Posted by floridafan View Post
    I doubt you have the ability to look that up, ask your handlers for help
    uh, don't you think its relevant to the thread?.....if you make 2% profit on $100M in sales but only 1.5% profit on a record $200M in sales you are still going to have record profits even though the rate of profit is down.......
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

  17. #29 | Top
    Join Date
    Jul 2009
    Posts
    134,833
    Thanks
    13,240
    Thanked 40,780 Times in 32,146 Posts
    Groans
    3,660
    Groaned 2,865 Times in 2,752 Posts
    Blog Entries
    3

    Default

    Quote Originally Posted by floridafan View Post
    Was it?
    not after today......
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

  18. #30 | Top
    Join Date
    Jul 2017
    Posts
    43,479
    Thanks
    12,574
    Thanked 23,756 Times in 16,563 Posts
    Groans
    249
    Groaned 1,622 Times in 1,532 Posts

    Default

    Quote Originally Posted by Hawkeye10 View Post
    Gas prices will be above $5 almost certainly by the end of June, and they wont be going back to what we had...cheap energy, like cheap food, is over.

    Current AAA figure is $4.57, already closer to 5 than to 4.
    cripes!

Similar Threads

  1. Replies: 3
    Last Post: 02-27-2022, 09:34 PM
  2. Replies: 3
    Last Post: 03-12-2020, 12:31 PM
  3. Markets Soar, New S&P Record, as TRUMP SAVES THE MARKETS !!!
    By Grokmaster in forum Current Events Forum
    Replies: 8
    Last Post: 10-28-2019, 02:37 PM
  4. MARKETS REBOUNDING!! TRUMP SAVED THE MARKETS...right LEFTISTS?
    By Grokmaster in forum Current Events Forum
    Replies: 24
    Last Post: 05-14-2019, 02:33 PM
  5. When will USA collapse?
    By Canceled.LTroll.27 in forum Current Events Forum
    Replies: 10
    Last Post: 01-11-2010, 06:05 PM

Bookmarks

Posting Rules

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •