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/biz/ - Business & Finance

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1735810 No.1735810 [Reply] [Original]

THIS IS IT LADS

ITS HAPPENING

https://www.bloomberg.com/news/articles/2017-01-16/china-s-shenzhen-stock-index-falls-5-most-since-july

>> No.1735841

>>1735810
what does it mean?

>> No.1735843

>>1735841
means all stocks youre holding are going to be big losses on monday

unless youre holding gold and oil etfs

>> No.1735844

>>1735843
>>1735810


FML

>> No.1735845

>>1735843
this happened last year and markets around the world were dragged down

>> No.1735847

>>1735843
tuesday*

>> No.1735872

>1% market change
>"Quick, make a "muh happening" thread for those sweet (You)s."

>> No.1735874

>>1735810
what does this mean for Jizzcoin>?

>> No.1735884

what does it mean for bitcoin?

>> No.1735889
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1735889

>>1735884
on one hand it could drive many investors away from the stock market and back to bitcoins

on the other hand it could trigger serious actions by the bank of china to restrict cash flows out of the country (bitcoin being one notorious method for this)

>> No.1735954

>>1735884
It means the value of bitcoin will increase as spooked investors liquidate their stocks and reinvest in bitcoin.

>> No.1736050

>>1735954
>>1735889
no its going to crash because its 90 percent chinese

>> No.1736174

>>1735810
>>1735843
What do you think about gold? I'm contemplating taking out my savings that are currently in an stock fund at 8% return. Would gold be able to match that? Should I put everything in gold?