To: Paladin2
lol
He was at some meetings saying how terrible it was gonna get and at other events saying it was overblown.
That’s the hard part to explain away
7 posted on
03/19/2020 7:35:13 PM PDT by
dp0622
(Radicals, racists my curseoint fingers at me I'm a small town white boy Just tryin to make ends meet)
To: dp0622
from what i read...what he discussed on this so called “secret tape”...was actually posted by the C.D.C 2 days prior....now, his stock dump might be a different matter...
11 posted on
03/19/2020 7:37:59 PM PDT by
basalt
To: dp0622
If one believes that expected future earnings drive stock prices along with whatever the Fed is doing with interest rates, one could easily see that the economy was going to slow down with all the actions taken to reduce people's commercial interactions and the future earnings that could be expected to be way less.
Hence lower stock prices going forward for those enterprises likely to be able to weather the short term sales drop with the others going outta bidness.
20 posted on
03/19/2020 7:43:28 PM PDT by
Paladin2
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