There has been 21 "wall Street" movies since 1983: http://en.wikipedia.org/wiki/Category:Wall_Street_films
most of them not correlating with anything, but it's still funny. Yes I do think we are in for a correction in stocks because:
1. The coming burst of the Chinese lending bubble both housing and business.
2. Failing investments in US businesses and US unemployment.
3. Euro housing debt, unemployment and EU member states undercutting each other, making any consistent financial policies impossible.
4. Resource scarcity, which hampers production and drives inflation and also tend to make nations less cooperative in agreeing anything with other nations, putting up trade walls, using nationalist rhetoric's.
5. Russian inflation, now also a possible cold war 2.0 scenario with possible sanctions.
Any single one of these possible "catastrophes" can send stocks tumbling big time, more likely one of these events will trigger some of the others. We are facing a 55% drop in the indexes in Q2 2014. Get ready to buy some in the fall of 2014
Topic: Wall Street movies as indicators? (Read 447 times)
Nice graph. That could be right given the uncertainty.
I think to some extent there is some value to these films for understanding the problems in the markets but using them in sufficient indicators when things will go bad is not a good idea at all.
global moderator
Activity: 3794
Merit: 2615
Join the world-leading crypto sportsbook NOW!
You had me until "(filmed in)"
Yeah, conspiracy theorists tend to bend and stretch the evidence to fit their needs.
You had me until "(filmed in)"
Interesting, hahaha
global moderator
Activity: 3794
Merit: 2615
Join the world-leading crypto sportsbook NOW!
Hahahaha - no.
This analysis needs to be on Bitcointalk!
Jump to: