Recession 2.0?

[Black]

This looks like some sort of indicator here...
http://news.yahoo .com/halves- jihadists-monthly-salaries-monitor-190901949.html

[Onamuji]

Market adjustments are normal.

People aren't used to them because the fed has been propping the economy for so long.

But they used to happen frequently.

A 10% drop in the market or more.

Don't freak out.

[Acer]

Sorry, it's my fault. This always happens when I fully fund my IRA for a change.

Anyhoo, there's no big boom to break like there usually is in the bigger downturns. Well, there's oil and the Chinese. But the Chinese are only growing less fast than they were and their economic markers were never fully trusted anyway. And oil is never more than one Middle East despot from another spike.

Therefore I have declared it 1992 correction, not a 2001 or 2008 meltdown.

[mrbigstuff]

Oil needs to be at $40 or so to keep the current economic market in status quo, otherwise uncertainty rules the day. From what ihave been told. China market has an effect, but oil is the big reason right now.

[hal]

Are we talking about recession or a declining stock market?

[Speedy]

hal wrote:
Are we talking about recession or a declining stock market?

It doesn't matter, according to Faux Business News, the sky is falling and it is all Pres. Obama's fault.

[wave rider]

Investors taking risky loans to finance oil ventures might cause a little slide when oil goes down to $10/barrel.

Please, someone who knows the petroleum industry correct my probably baseless speculations...

[SDGuy]

Acer wrote:
...Therefore I have declared it 1992 correction, not a 2001 or 2008 meltdown.

Geez - I hope not - as we all can remember, that was "the worst economic performance since the Great Depression"

[max]

wave rider wrote:
Investors taking risky loans to finance oil ventures might cause a little slide when oil goes down to $10/barrel.

Please, someone who knows the petroleum industry correct my probably baseless speculations...

Oil ventures? no, those money have been invested a while back now, most of it has been paid off, and yjr money stream is still coming off those investments.
Maybe some speculators got burned, but otherwise this does not have much to do oil....

[mattkime]

i'm going with "we want the line to go up not down...quick sell everyyyyything!" until there's an identified reason.