NewsLab
Apr 29 11:11 UTC

Stock markets are too high and set to fall, says Bank of England deputy (bbc.com)

38 points|by wood_spirit||23 comments|Read full story on bbc.com

Comments (23)

23 shown
  1. 1. pestatije||context
    the question is when?
  2. 2. pmg101||context
    "I’m not saying it will happen today, tomorrow, in 12 months’ time."

    So those are times when it won't happen I guess.

  3. 3. juliusceasar||context
    Haha, that is a good one. So we sell in 11,9 months.
  4. 4. tomjakubowski||context
    Not saying something will happen isn't the same as saying something won't happen.
  5. 5. pmg101||context
    Correct. It was kind of a joke based on that.
  6. 6. kingleopold||context
    the answer is does not matter cause next double digit trillons will be printed right after it so market knows this, investment bankers fully understand this, public barely even know or understand it. They only know printer but don't fully understand. If they did, they would stop working for almost free
  7. 7. lifestyleguru||context
    I'm wondering myself why anyone still keeps working. The only real and touchable things remaining are private jets, yachts, premium cars, and premium real estate.
  8. 8. kingleopold||context
    yes those toys are good and still worth working for! but the rest? is almost equal to working free, cause inflation numbers are just a lie for so long
  9. 9. bogzz||context
    Food and shelter?
  10. 10. lifestyleguru||context
    Regular employment barely covers these anyway. Certainly barely covers a shelter nearby the place of employment.
  11. 11. KetoManx64||context
    To amass more bitcoin for when the dollar collapses.
  12. 12. nitwit005||context
    The portion of the public that has substantial sums in the stock market is generally going to understand the concept of inflation.
  13. 13. kubb||context
    Someone still thinks markets have to reflect the state of the economy?
  14. 14. ramon156||context
    To put it simply, bad economy = more volatility. There's a reason ETF's are mostly fine when the economy sucks, because they don't bet on volatility.

    Day traders who are now betting their <25k savings on a random ticker aren't safe, though.

  15. 15. daymanstep||context
    Bad economy means the interest rate will be cut which means higher stock valuations. Bad economic news is good financial news.
  16. 16. duttish||context
    It would be easier to cut if inflation wasn't already rising due to increasing energy costs.

    Now central banks will be in a bind.

  17. 17. elzbardico||context
    No shit, Sherlock!
  18. 18. avgDev||context
    Doubt.

    If I got a dollar every time someone says "STOCK MARKETS WILL COLLAPSE", I would have many dollars.

  19. 19. peterm4||context
    We can make an ETF out of this…
  20. 20. damnitbuilds||context
    But when they will fall is too big to fit in the margin of this web page.
  21. 21. WheelsAtLarge||context
    This is absolutely true. I too guaranty that the market will have a wild fall in the future. The problem is that we don't know when it will happen. The best we can do is pick the best investments we can, invest for the long term and hope for the best.
  22. 22. spectraldrift||context
    Why wouldn't this be priced in already? I am often skeptical when people claim to predict the market, given how much can be made by quietly predicting correctly.
  23. 23. d4ng||context
    The current price reflects the discounted pricing of future events, the effects of those events, and the probabilities of those events. When certain events occur, and other previously predicted and priced in events become impossible, the market necessarily adjusts.