With the markets over the last week, will prices crash?

[Camlet]

Yipper said:

Humans are a herd species.

If Wall Street goes down, everything else will go down with it.

The Bitcoin bubble has burst, the oil bubble has burst, Central London house bubble has been pricked, and Wall Street / FTSE are wobbling.

The only question now is whether Trump's free giveaways can pull Wall Street back from the brink in the next few weeks and extend the bull run for another year.

It's way more complicated. Bitcoin was always highly speculative, my BP shares are doing very nicely and paying an excellent dividend, the huge rise in stamp duty has caused the property market to screech to a halt, and Wall Street is a clever Vegas.

If you buy very well you'll always comfortably ride a market. The reality is most buyers don't and can't.

[sparta6]

Camlet said:

sparta6 said:

I agree.

Mass-produced bitsa cars such as R8's etc are consumer items.

At the other end are coveted classic assets such as this beauty

https://www.goodwood.com/grrc/event-coverage/festi...

Gorgeous as it is famous. We should create a PH crowd funded bid

That's not a bad idea

[sparta6]

Yipper said:

Central London house bubble has been pricked

About time too.
$50m+ for a single property in central NYC and London, surge had to slow down at some point.

[Yipper]

Camlet said:

Yipper said:

Humans are a herd species.

If Wall Street goes down, everything else will go down with it.

The Bitcoin bubble has burst, the oil bubble has burst, Central London house bubble has been pricked, and Wall Street / FTSE are wobbling.

The only question now is whether Trump's free giveaways can pull Wall Street back from the brink in the next few weeks and extend the bull run for another year.

It's way more complicated. Bitcoin was always highly speculative, my BP shares are doing very nicely and paying an excellent dividend, the huge rise in stamp duty has caused the property market to screech to a halt, and Wall Street is a clever Vegas.

If you buy very well you'll always comfortably ride a market. The reality is most buyers don't and can't.

Not everyone is a powerful PH director and super stockmarket trader.

The reality is, several minor asset bubbles have already burst in the past year (like Bitcoin). If Wall Street (the absolute biggest) tanks, then everyone will panic and sell everything off. It always happens.

[This-isnt-real]

It hasn’t burst at all you absolute tool. You have absolutely no idea what you are talking about.

Blooming doomongers everywhere on here!