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-   -   Markets are nosediving! (https://britishexpats.com/forum/australia-54/markets-nosediving-729152/)

DhakaBoy Aug 19th 2011 1:09 am

Markets are nosediving!
 
Financial markets are nosediving all over the world. How's the situation in Australia, likely impact on job market? Anyone having a second thought or postponing their travel plan?

Amazulu Aug 19th 2011 1:14 am

Re: Markets are nosediving!
 

Originally Posted by DhakaBoy (Post 9568117)
Financial markets are nosediving all over the world. How's the situation in Australia, likely impact on job market? Anyone having a second thought or postponing their travel plan?

markets go up
markets go down
markets go up again
etc

It is what it is

Swerv-o Aug 19th 2011 1:28 am

Re: Markets are nosediving!
 

Originally Posted by Amazulu (Post 9568124)
markets go up
markets go down
markets go up again
etc

It is what it is


Yeah, I've given up looking at it now. Much too late to do anything about it.


S

chris955 Aug 19th 2011 1:34 am

Re: Markets are nosediving!
 
The market here is mostly down like everywhere else but up and down inbetween. Unemployment rose last month and I would expect it to rise for a few more months yet given the state of retail, manufacturing and building.

IvanM Aug 19th 2011 2:43 am

Re: Markets are nosediving!
 
Especially if you look at day to day swings. Right now it is for price fixing hedge funds. There are some bargains in there.


Originally Posted by Amazulu (Post 9568124)
markets go up
markets go down
markets go up again
etc

It is what it is


jad n rich Aug 19th 2011 3:02 am

Re: Markets are nosediving!
 

Originally Posted by Amazulu (Post 9568124)
markets go up
markets go down
markets go up again
etc


Usually each week:lol:

deb68 Aug 19th 2011 4:22 am

Re: Markets are nosediving!
 
A yo yo economy, lets hope the string doesn't snap:eek:

DeadVim Aug 19th 2011 5:05 am

Re: Markets are nosediving!
 

Originally Posted by DhakaBoy (Post 9568117)
Financial markets are nosediving all over the world. How's the situation in Australia, likely impact on job market? Anyone having a second thought or postponing their travel plan?

If I lived my life according to clear-thinking logic and took into account every factor and variable that could impact my happiness I would:

1) Probably not be living here
2) Be certifiably insane

I've just watched two fire tenders sort out a bushfire at end of our road in a very competent and timely fashion, quite frankly what the financial markets do mean relatively sod all to me on a daily basis.

Loch Lomond Aug 19th 2011 7:17 am

Re: Markets are nosediving!
 
Should have bought some gold a couple of months ago.

Sherlock Holmes Aug 19th 2011 8:57 am

Re: Markets are nosediving!
 
Good time to whack some more into your super fund.

I hope that my fund managers are out buying big time. :thumbsup:

roaringmouse Aug 19th 2011 12:28 pm

Re: Markets are nosediving!
 
down down, markets are down

http://2.bp.blogspot.com/-givV-XhQHl...Coles+hand.jpg

man_called_Horse Aug 20th 2011 2:39 am

Re: Markets are nosediving!
 
unemployment is definitely on the up, there are plenty of people about but not many shopping bags. People are buying online and the money is going out of the local economy, the retail & sector is in trouble and its the largest employer.

I expect a repeat of Dec 2008 in the not too distant future, immigration will probably be cut again and occupations list chopped down and probably some occupations ceased and capped.


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