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Bank of America chief strategist, Michael Hartnett, commented that over the past 19 bear markets, the average peak to trough decline has a duration of 289 days, putting this current bear market’s end in about October this year with the S&P at around 3,000 points.
Despite the potentially painful outlook for the next few months to half a year, one thing is generally for certain during downturns in the market - when things do eventually rebound, there will be new highs to follow.
It’s important to remember to think of your long-term goals as an investor and stay level-headed. Investments in the stock markets typically outpace inflation over time regardless of the ups and downs of the market, so if you have the time, and the ability to stay the course and find ways of taking advantage of the cheaper prices, conditions will only improve with time.
Totally agree with you on that and the only people loosing real money are those that are selling,.
At the moment it's a paper loss and if you don't need the money, then why worry plus it gives long term investors to average down.
Boohoo is up against it. The main mantra previously was always that online is cheaper.
But that differential has shrunk what with petrol prices as they are and these in turn pushing up delivery costs. Then you have the much larger warehouses to heat and staff all with ever increasing costs.
Its far better in most cases nowadays to have the retail therapy of a day out with the free parking that many offer.
"Delivery is usually free or a very small charge and a lot less than the cost of paying petrol to drive more than 2 miles. And why not go out and catch COVID again"
In gym at moe and packed!!!!!That's people working out In close proximity as they did pre covid.......local town also packed the Saturday when out round shops......
This whole idea that people ain't going out be it shops etc is nonsense......
Have a look a Wimbledon on box folks .....look at all those empty seats as folk stay away ...cough cough .!!!.....Glastonbury was empty also this year.
Pandemic boom for onliners completly fizzled out as folks return to the shops ......T4G will try and make out the high street is dead stll!!
.
T4G I want to just authenticate what you say for I funnily enough was also on a retail park on the outskirts of Leeds yesterday and it was lot different from what you say. Which retail park did you go to?
Eye…reported.
I asked first t4g.
If it was a you say then you shouldn't have a problem with disclosing it, otherwise people will only think you are making up what you have said. If it is of any assistance to you I only know the one that I was at yesterday. If its the same one then I'll confirm with an identifiable feature. If not I'll say so.
Oh deary me are we back to poster's banging the drum that town centres and shops need to be quiet so as boohoo can thrive?!
Boohoo has grown regardless of what town centres are doing.
The fact is year by year more people shop online.
Well o thought riflemens question was pretty straightforward and worthy of a decent quick response.
Instead we got the "not that i dont trust you" - implicit in that he doesnt
"your only here to disrupt" - quite a simple, innocious question to answer
"i have no reason to prove myself to you"
The billy liar clown is just a total fraud. Asks questions of everybody, but too chicken to answer any himself.
That's a slippery response from T4G!
Claiming to talk facts and aching to be credible doesn't match with refusing to give evidence for a simple claim. It's, frankly, childish. A disjunct that reminds me of 'I don't predict prices', then posting and posting because the market is pricing it wrong and should apparently value it higher.
Next, we'll hear that the evil funds must be shorting retail-park visitors too.
T4G I can assure you that I was on a very busy retail park in Leeds yesterday and it was completely different from how you have described it and with plenty of the age group there that you seem to think were all sat at home online ordering from Boohoo.com and the car parks were fuller. My offer was genuine and you can already see how your response is being perceived.
You tried to ramp a situation up to try and favour Boohoo but unfortunately I was in Leeds yesterday all day and for a very specific purpose and once done went shopping in one of the retail parks on the outside. The car parks were extremely full and all age groups were there.
You had a 6 in 7 chance of it being a different one and me acknowledging that but I'm pretty sure that it was probably the same one and you were fibbing. It just means people take what you say with a pinch of salt.
Riflemen are you judging a whole sector by one retail park in the country being busy?
nternet sales have played an increasingly significant role in retailing. In 2021, e-commerce accounted for nearly 20 percent of retail sales worldwide. Forecasts indicate that by 2025, the online segment will make up close to a quarter of total global retail sales.
https://www.statista.com/statistics/534123/e-commerce-share-of-retail-sales-worldwide/
Retail parks are dangerous places to go anyway - BUY online & have goods safely delivered.
- what with missiles, road protesters, bag snatchers, over priced goods, hot weather, monsoons, 20mph's, humps, bad tea, freeze blasted food, UHT food, dirty tables, waitresses in short clothing, cloned debit cards, poor lighting, grumpy customers, unattentive staff, open changing rooms, short queues with slow staff, longer queues with no staff, peeps in the car park waiting to take your CAT converter or children, boys with AK15s because they don't like anyone, na I'll give it a miss - Online is best. Did I do a good deRamp of retail?
Got to laugh at this.
Are resident multiple daily poster T4G can't even disclose the retail park he was at when politely asked and turns it into a load of deflecting gas lighting nonsense shennanagins....
"I'm not showing you mine until you show me yours"
Are you 6 years old T4G?
The market disagrees with the trend being online. It's actually away from online and the price of Boohoo shares reflects that, and will continue to do that. You only need to look at Asos or try Royal Mail. The number of six or seven actually came from yourself in your post at 19:31. You seem to have a memory lapse. Just another discrepancy for you. If you have me on filter as per your 20:14 post and a green box appears then how come you could answer my post?
The Riflemans - Online trend is still UP from pre-covid. Which edict do you refer to?
https://www.ons.gov.uk/businessindustryandtrade/retailindustry/timeseries/j4mc/drsi
Jongle - A man walks in to a bar & says "Hey, you gotta laugh at this" (in a county accent) & points to a poster on the wall which says "No lighters! Natural gas present!". BOOm BOOm
"You are ofcourse welcome to your opinion, as unlikely and irrelevant as it may be."
This was the part of trading for losses response to Rifleman that i enjoyed reading the most, and speaks volumes about the clowns attitude.
We are all apparantly welcome to our opinions, but they are "unl8kely and irrelevent" to trading for losses.
Can get more of a closed minded fool than that id guess.