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Markets are nosediving!

Markets are nosediving!

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Old Aug 19th 2011, 1:09 am
  #1  
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Default 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?
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Old Aug 19th 2011, 1:14 am
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Default Re: Markets are nosediving!

Originally Posted by DhakaBoy
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
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Old Aug 19th 2011, 1:28 am
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Default Re: Markets are nosediving!

Originally Posted by Amazulu
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
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Old Aug 19th 2011, 1:34 am
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Default 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.
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Old Aug 19th 2011, 2:43 am
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Default 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
markets go up
markets go down
markets go up again
etc

It is what it is
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Old Aug 19th 2011, 3:02 am
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Default Re: Markets are nosediving!

Originally Posted by Amazulu
markets go up
markets go down
markets go up again
etc

Usually each week
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Old Aug 19th 2011, 4:22 am
  #7  
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Default Re: Markets are nosediving!

A yo yo economy, lets hope the string doesn't snap
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Old Aug 19th 2011, 5:05 am
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Default Re: Markets are nosediving!

Originally Posted by DhakaBoy
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.
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Old Aug 19th 2011, 7:17 am
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Default Re: Markets are nosediving!

Should have bought some gold a couple of months ago.
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Old Aug 19th 2011, 8:57 am
  #10  
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Default 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.
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Old Aug 19th 2011, 12:28 pm
  #11  
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Default Re: Markets are nosediving!

down down, markets are down

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Old Aug 20th 2011, 2:39 am
  #12  
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Default 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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