Flash crash is defined (by me) as single day decline of 10% or greater.
But still, a 7% decline is no small matter. This is the sort of financial instability that central banks are promoting with all this money printing--the risk curve is being ignored by market players.
Well, dude, a lot of people "chilled" in 1999 and 2007--before stock market blew up twice.
Be careful with the chilling stuff.
It's never a bubble until it bursts.
I do think the Fed will succeed in starting inflation, though.
USA needs looser credit standards and less money printing to drive real economy.
Credit standards are too tight for about 20% of home buyers and car buyers.
Flash crash warning--they all think they can get out before the next guy does!!
Best time in world history to sell stocks.
It ain't a bubble until it bursts.
Wage growth too weak, but higher wages mean lower profits, which is why market is a value trap.
1920s, 1090s, 2000s all produced big stock market gains (bubbles), which then burst and a leave the real economy in a bind.
This time central banks are pushing the bubble, when they should be pushing housing, employment, real business investment instead of stock bubbles.
Good move. Hope you had nice profit, as market is way up now.
At best a flat market for a while, at worst a crash of historic proportions.
Yea, but it's working. If real estate values recovery to 2006 levels, USA economy is then repaired.
Stock rally is good, but housing and autos more important.
Does not matter if my work is regarded as garbage. What matters is that I own that work.
GOOG enforces patent, copyright and trademark rights that they own. But GOOG is OK with displaying work they don't own and not paying the owners for the work.
How many people create video content of copyrighted songs and upload to youtube? Million?
Artists don't get squat for that public use of the song, for example.