Bmacleod From Canada, joined Aug 2001, 2081 posts, RR: 0 Posted (6 years 10 months 2 weeks 5 days 20 hours ago) and read 1635 times:
With oil prices set to hit $100, interest rates continuing to climb and consumer confidence falling it seems probable we are headed for a stock market crash - or are we?
Can we limit our energy consumption and purchasing to the point the market can sustain itself and not go into a freefall?
The engine is the heart of an airplane, but the pilot is its soul.
Jaws707 From United States of America, joined Aug 2001, 708 posts, RR: 1 Reply 1, posted (6 years 10 months 2 weeks 5 days 19 hours ago) and read 1617 times:
Well think about it, if you believe oil is going to $100, which it may if the Iran/N Korea situations get out of control, or maybe a few large hurricanes do some damage, then you probably want to be in some oil stocks. They will benefit from the price and hence their stock prices should do just fine. Not so sure about the rest of the market though.
Scalebuilder From , joined Dec 1969, posts, RR: Reply 2, posted (6 years 10 months 2 weeks 5 days 9 hours ago) and read 1581 times:
Quoting Bmacleod (Thread starter): With oil prices set to hit $100, interest rates continuing to climb and consumer confidence falling it seems probable we are headed for a stock market crash - or are we?
We should be careful about jumping to conclusions. Most free economies are remarkably resilient and dynamic. Most of the increase in oil prices over the past two years have been well absorbed e.g. in the US economy through higher productivity.
High oil prices certainly can hurt and need to be tackled, but it will also stimulate and fund alternative thinking and the pursuit of alternate energy sources. We're seeing this today in certain markets, except demand is so great that it will take time develop and scale these new sources to become viable.
Zkpilot From New Zealand, joined Mar 2006, 4739 posts, RR: 10 Reply 3, posted (6 years 10 months 2 weeks 5 days 7 hours ago) and read 1553 times:
Oil at $70-90 won't cause a crash over the short-medium term... medium-long term however it will pull the markets back.
The biggest threat to world markets at the moment is a global flu pandemic. If that happens you can forget about airtravel or pretty much any kind of travel. Businesses will grind to a halt and unless a vaccine can be produced in a short space of time then you could easily see a crash of 20-50% over the space of a few weeks!
DeltaGator From United States of America, joined Sep 2005, 6341 posts, RR: 16 Reply 4, posted (6 years 10 months 2 weeks 4 days 14 hours ago) and read 1532 times:
Quoting Zkpilot (Reply 3): The biggest threat to world markets at the moment is a global flu pandemic.
Hmm...while I can see your point I also see us getting through another flu season this year with nary an issue. Not sure what the news reports down under had in them but if you watched the news here in the States and Europe you would have thought we were all going to die within a couple of weeks from the damn Bird Flu. Media reaction in search of ratings.
"If you can't delight in the misery of others then you don't deserve to be a college football fan."
Wrighbrothers From United Kingdom, joined Jul 2005, 1875 posts, RR: 10 Reply 5, posted (6 years 10 months 2 weeks 4 days 14 hours ago) and read 1530 times:
Sorry, but how exactly does the stock market (seriously) crash ?
And also, why does the price of oil etc rise when North Korea do something stupid like fire a missile ?
Probably a stupid question, but I just don't know what it means
Thanks
Wrighbrothers
Always stand up for what is right, even if it means standing alone..
PSA53 From United States of America, joined Aug 2003, 3004 posts, RR: 4 Reply 6, posted (6 years 10 months 2 weeks 4 days 13 hours ago) and read 1526 times:
Quoting Bmacleod (Thread starter): With oil prices set to hit $100, interest rates continuing to climb and consumer confidence falling it seems probable we are headed for a stock market crash - or are we?
Barring political events,terrorism,etc...not likely.
Even the Clinton Administration had one day -500.00 and then the market stopped trading for a break,as required,then seem to recover some.
9/11,challenged a lot companies value,aviation one sector hardest hit, but its fantastic to see recovery finally for most.
In today's market,if oil prices hit $100,most investors know that
alternative fuels will kick in.Auto makers are seem serious about ethanol
and hybrids.So,oil in a couple of years,might even lose a lot of it's value.
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