Ivan_06 5th Gear August 24, 2015 Share August 24, 2015 Blood blood everywhere in the stock market. Will this affect the COE prices? When massive retrenchment sets in, yes it will affect. ↡ Advertisement Link to post Share on other sites More sharing options...
Eaton 2nd Gear August 24, 2015 Share August 24, 2015 When massive retrenchment sets in, yes it will affect.will stock market crash cause retrentment ? Link to post Share on other sites More sharing options...
edwin15 4th Gear August 24, 2015 Share August 24, 2015 Blood blood everywhere in the stock market. Will this affect the COE prices? So many people up and watching the fireworks. will stock market crash cause retrentment ? Imagine what will happen if STI slip to 1500...... limxxx (aka Mr Li). Any thoughts on this market move? Link to post Share on other sites More sharing options...
Ivan_06 5th Gear August 24, 2015 Share August 24, 2015 (edited) So many people up and watching the fireworks. Imagine what will happen if STI slip to 1500...... limxxx (aka Mr Li). Any thoughts on this market move? Asian investors made a stampede for the exit on Monday, with China's Shanghai Composite index posting its biggest one-day percentage loss since 2007, as fears surrounding the health of China's economy multiplied. http://www.cnbc.com/2015/08/23/asia-braces-for-selloff-on-tanking-us-markets.html will stock market crash cause retrentment ? In 2008-2009 financial criss Olivier Blanchard, IMF Chief Economist, stated that the percentage of workers laid off for long stints has been rising with each downturn for decades but the figures have surged this time. "Long-term unemployment is alarmingly high: in the United States, half the unemployed have been out of work for over six months, something we have not seen since the Great Depression." The IMF also stated that a link between rising inequality within Western economies and deflating demand may exist. The last time that the wealth gap reached such skewed extremes was in 19281929.[222] Edited August 24, 2015 by Ivan_06 Link to post Share on other sites More sharing options...
Ivan_06 5th Gear August 24, 2015 Share August 24, 2015 It's cumming US markets join global selloff after China panic - live updates Wall Street is tumbling, following very heavy losses in Europe and Asia today Dow Jones index briefly falls 1,000 points FTSE 100 plunges 5.5% amid global rout George Osborne concerned by China Latest summary: European market slide after Asian rout Chinese stock market tumbled 8.5%; biggest fall since 2007 Link to post Share on other sites More sharing options...
Penknife 5th Gear August 24, 2015 Share August 24, 2015 It's cumming US markets join global selloff after China panic - live updates Wall Street is tumbling, following very heavy losses in Europe and Asia today Dow Jones index briefly falls 1,000 points FTSE 100 plunges 5.5% amid global rout George Osborne concerned by China Latest summary: European market slide after Asian rout Chinese stock market tumbled 8.5%; biggest fall since 2007 this is the COE thread. not sure how it becomes a stock market thread. nonetheless, isn't it ok to short the market? Link to post Share on other sites More sharing options...
Ivan_06 5th Gear August 24, 2015 Share August 24, 2015 Global financial crisis is here liao. Limxxx got his wish of cheap coe le. http://www.theguardian.com/business/live/2015/aug/24/global-stocks-sell-off-deepens-as-panic-grips-markets-live#block-55db1dbae4b084894f222b76 this is the COE thread. not sure how it becomes a stock market thread. nonetheless, isn't it ok to short the market? You can short but you may end up shorting your self.. Link to post Share on other sites More sharing options...
Latio2005A Turbocharged August 24, 2015 Share August 24, 2015 (edited) Kit Chan sang Home in 2008, we had Global Financial Crisis. Last night she sang Home again, we have STI tua lao sai. (Not blaming her though) Edited August 24, 2015 by Latio2005A 4 Link to post Share on other sites More sharing options...
Wt_know Supersonic August 24, 2015 Share August 24, 2015 i think she better close mic la ... (not blaming her though) ... lol Kit Chan sang Home in 2008, we had Global Financial Crisis. Last night she sang Home again, we have STI tua lao sai. (Not blaming her though) Link to post Share on other sites More sharing options...
Ivan_06 5th Gear August 24, 2015 Share August 24, 2015 (edited) i think she better close mic la ... (not blaming her though) ... lol We are staring at another global financial crisis again...... But this time round, it's China.. Singapore has many close ties with it. Die liao man Edited August 24, 2015 by Ivan_06 1 Link to post Share on other sites More sharing options...
oceanicmanta 3rd Gear August 24, 2015 Share August 24, 2015 Alibaba below IPO price liao Anything related to China, drop like no tomorrow 1 Link to post Share on other sites More sharing options...
edwin15 4th Gear August 24, 2015 Share August 24, 2015 . this is the COE thread. not sure how it becomes a stock market thread. nonetheless, isn't it ok to short the market? COE must wait for another 1-2 weeks. In the meantime stock move so much so tok a bit lor. But yeah. You can make money both ways if you have correct idea. 1 Link to post Share on other sites More sharing options...
flashbang Turbocharged August 24, 2015 Share August 24, 2015 Alibaba below IPO price liao Anything related to China, drop like no tomorrow Alibaba lost it's hype long ago... Amazon is still going strong though. Link to post Share on other sites More sharing options...
Friendstar Supercharged August 25, 2015 Share August 25, 2015 Honestly. With this stock market rout. I have sympathy for those who just bought their cars. Mark my words. Look at coe bidding in December. Blood blood everywhere in the stock market. Will this affect the COE prices? Of coz! People will hold back on their purchases Link to post Share on other sites More sharing options...
Limwsv 5th Gear August 25, 2015 Share August 25, 2015 will stock market crash cause retrentment ? Not the stock market itself unless you work in the financial industry. However, the economic slowdown will affect companies with large exposure to China. Ie manufacturing, property development, transport, services. Most of them have been weakening over the past 6 months, this may push them over the tip. Link to post Share on other sites More sharing options...
flashbang Turbocharged August 25, 2015 Share August 25, 2015 The catalyst this time is not as clear. Stock market bloodbath doesn't mean economy is tanking. My take, not too long ago DBS and OCBC announced some stellar results. 1 month later their stock price is down more than 10%. Did they suddenly lose all their business in a month? Stock market is a voting machine in the short run. Link to post Share on other sites More sharing options...
Heman75 Supercharged August 25, 2015 Share August 25, 2015 Not the stock market itself unless you work in the financial industry. However, the economic slowdown will affect companies with large exposure to China. Ie manufacturing, property development, transport, services. Most of them have been weakening over the past 6 months, this may push them over the tip. actually some companies are benefiting from RMB devalue. my company for example has some business with china but we sell in USD. thus the devalue allow us to make more money. some companies are benefiting from this. unless we have the statistic else cant say eocnomy is bad. Link to post Share on other sites More sharing options...
Wizardofzzz 1st Gear August 25, 2015 Share August 25, 2015 (edited) stock markets crashes, jobs are lost, economy goes into recession coe falls to 20k and altis starts selling at 70k Will the average man on the street still buy when not knowing if he still has a job to report to tomorrow Edited August 25, 2015 by Wizardofzzz ↡ Advertisement Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
Exercising and losing weight
Exercising and losing weight
2015 Forester 2.0
2015 Forester 2.0
COE Bidding – Mar 2025
COE Bidding – Mar 2025
LTA tweaks calculation of commercial vehicle COE quota to even out supply
LTA tweaks calculation of commercial vehicle COE quota to even out supply
COE Bidding – Feb 2025
COE Bidding – Feb 2025
Sell by bidding - BEST price from 500 car dealers in 1 day
Sell by bidding - BEST price from 500 car dealers in 1 day
Should I get a new car or renew COE?
Should I get a new car or renew COE?
Both BYD and Tesla will now sell you Cat A versions of their popular Seal and Model 3 saloons
Both BYD and Tesla will now sell you Cat A versions of their popular Seal and Model 3 saloons