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07-12-2015, 06:10 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
First, Commodities like oil price crashed and all the way to $40 today, then eur/usd slammed to below 1.1000 at end of june 2015 and crashed to 1.05000 today. Now, gold fallen from its 1200 mark to 1030, sti fallen below its 3000 mark to 2880, s-reits having some difficulties soon when federal increase the rates. Companies were affected by these end up making losses, like sembcorp recently. And its going to be 2016. The last financial crisis is 2008 and 8 years would probably fits the cycle.
Click here to view the whole thread at www.sammyboy.com (http://singsupplies.com/showthread.php?221185-Do-you-guys-think-recession-and-financial-crisis-is-arriving&goto=newpost).
First, Commodities like oil price crashed and all the way to $40 today, then eur/usd slammed to below 1.1000 at end of june 2015 and crashed to 1.05000 today. Now, gold fallen from its 1200 mark to 1030, sti fallen below its 3000 mark to 2880, s-reits having some difficulties soon when federal increase the rates. Companies were affected by these end up making losses, like sembcorp recently. And its going to be 2016. The last financial crisis is 2008 and 8 years would probably fits the cycle.
Click here to view the whole thread at www.sammyboy.com (http://singsupplies.com/showthread.php?221185-Do-you-guys-think-recession-and-financial-crisis-is-arriving&goto=newpost).