Stock Market: Correction or Crash?

[GDR]

First thought is there should be a pile of RRSP dollars going into the markets over the next few weeks. I assume that should be supportive to the markets especially the larger cap stocks the DOW and TSX is made of.

Second thought is I need to put some RRSP money in but kinda scared of all fronts, anybody got a crystal ball?

[errolanderson]

You can almost hear the 'creaks and cracks' rippling across the floor of massively underfunded and overleveraged U.S. pension funds now. American recession now fast approaching (IMO) . . . .

So much for badly needed U.S. Fed rate hikes in 2018 taming U.S. inflationary risk.

[MBgrower]

First thought is there should be a pile of RRSP dollars going into the markets over the next few weeks. I assume that should be supportive to the markets especially the larger cap stocks the DOW and TSX is made of.

Second thought is I need to put some RRSP money in but kinda scared of all fronts, anybody got a crystal ball?

throw it in a cash account and find a bottom later

[GDR]

throw it in a cash account and find a bottom later

That was my thought too.

[Rareearth]

Cash account and hope they are “too big to fail”

[errolanderson]

Cramer losing it . . . .

http://https://www.marketwatch.com/story/jim-cramer-blames-a-group-of-complete-morons-for-blowing-up-the-market-2018-02-08 http://https://www.marketwatch.com/story/jim-cramer-blames-a-group-of-complete-morons-for-blowing-up-the-market-2018-02-08

Breaking news this morning . . . .

Canada shed 88,000 jobs in January, biggest decline since 2009.
Our unemployment rises to 5.9%.

[errolanderson]

Cramer losing it . . . .

http://https://www.marketwatch.com/story/jim-cramer-blames-a-group-of-complete-morons-for-blowing-up-the-market-2018-02-08 http://https://www.marketwatch.com/story/jim-cramer-blames-a-group-of-complete-morons-for-blowing-up-the-market-2018-02-08

Breaking news this morning . . . .

Canada shed 88,000 jobs in January, biggest decline since 2009.
Our unemployment rises to 5.9%.

http://https://www.marketwatch.com/story/jim-cramer-blames-a-group-of-complete-morons-for-blowing-up-the-market-2018-02-08 http://https://www.marketwatch.com/story/jim-cramer-blames-a-group-of-complete-morons-for-blowing-up-the-market-2018-02-08

[farmaholic]

https://www.marketwatch.com/story/jim-cramer-blames-a-group-of-complete-morons-for-blowing-up-the-market-2018-02-08
https://www.marketwatch.com/story/jim-cramer-blames-a-group-of-complete-morons-for-blowing-up-the-market-2018-02-08

Errol, Seemed to be one too many http:// in the link

The video in the link doesn't seem to load for me...

[errolanderson]

https://www.marketwatch.com/story/jim-cramer-blames-a-group-of-complete-morons-for-blowing-up-the-market-2018-02-08 https://www.marketwatch.com/story/jim-cramer-blames-a-group-of-complete-morons-for-blowing-up-the-market-2018-02-08

Errol, Seemed to be one too many http:// in the link

The video in the link doesn't seem to load for me...

Cramer 100 second meltdown yesterday on CNBC . . . taken down? Can't find right now either.
My apologies . . . .

[ajl]

Cramer losing it . . . .

http://https://www.marketwatch.com/story/jim-cramer-blames-a-group-of-complete-morons-for-blowing-up-the-market-2018-02-08 http://https://www.marketwatch.com/story/jim-cramer-blames-a-group-of-complete-morons-for-blowing-up-the-market-2018-02-08

Breaking news this morning . . . .

Canada shed 88,000 jobs in January, biggest decline since 2009.
Our unemployment rises to 5.9%.

And Stat Can would have us believe 3% growth in 2017. StatsCan: FakeStats. Hello economic depression in 2018 in Canuckistan especially if the US goes into recession later this year which I think it will.

[errolanderson]

And Stat Can would have us believe 3% growth in 2017. StatsCan: FakeStats. Hello economic depression in 2018 in Canuckistan especially if the US goes into recession later this year which I think it will.

BNN this morning: 32% of Canadians approaching retirement have no savings.

Crude breaks below $60 per barrel this morning, 8% break of-late. Horrible economic week.

Our country needs "government business leadership" more than ever before . . . right now.

[SASKFARMER3]

Latest jobs numbers we had a awful after Christmas down hard on the job front.

Soon hopefully unemployed liberals will see their boy wonder is a total idiot.

In steps grass and chuck to set us strait with liberal magic and happy socks

I’m poluting today

[Exporter]

BNN this morning: 32% of Canadians approaching retirement have no savings.

Crude breaks below $60 per barrel this morning, 8% break of-late. Horrible economic week.

Our country needs "government business leadership" more than ever before . . . right now.

When the country next door is injecting an extra USD 1.5 trillion boost in an economy that is already doing very well , what can we expect ? INFLATION !!
the latest job report in US showed that wages are going up (the one sign FED was waiting to increase speed of hikes)
Inflation is going up ===> FED will hike more ===> bond yield higher ===> USD higher ===. stock markets down ===> emerging markets down ===> commodities prices down

[Oliver88]

BNN this morning: 32% of Canadians approaching retirement have no savings.

Crude breaks below $60 per barrel this morning, 8% break of-late. Horrible economic week.

Our country needs "government business leadership" more than ever before . . . right now.

Minimum wage increase killing part time jobs in Ontario.

[sumdumguy]

Cdn economy justifiably doomed. Our leader/s lack the brains and will to grow this country. What a dissappointment for this resource-rich mecca!