Insanity. Entire industries are being crushed. Thousands & thousands of small business ruined, never to reopen. 40-million+ unemployed. Many ‘investors’ buying into this will learn an excruciating lesson.
The U.S. economy is far more resilient than a lot of folks realize.
The DOW reflects where they think we will be on the ground in the future. The DOW back when it was dropping hard is what is reflected on the ground today.
If you dont want to invest because you bought into all of the fearmongering from some “financial collapse” guru online, then dont. But that doesn’t mean the market needs to shiver in the corner with you.
Yes they will learn a lesson. And, the DOW is NOT up 500 points today. It’s been negative most of the morning. The economy can not withstand what has been happening and everything be okay in 6 months. Not going to happen.
LOL, looks like you got out early on and stayed out. You seem to be one who see’s “the end of us” each time the nonsense thrown at us by the Left causes trouble.
Sure the market will back track as investors take profits...but has ALWAYS been so and in fact the markets advance 2 of every 3 days historically and that holds as far back as you care to check.
The fools rioting and killing will in the end pay a price because even liberals, as dump and blind as they are will wake up when the madness strikes them personally.
The selloff was not caused by any bad policy but was caused by a deliberate shutdown of the vibrant economy we had. Once the shut down ends as it is now happening the economy will return. There will also be some good coming out of this because I can see the government making it very, very lucrative for our companies who moved off shore many yrs ago return here to America.
There is a silver lining to this dark cloud.
“Many ‘investors’ buying into this will learn an excruciating lesson.”
Rule #1: Don’t be stupid and buy into the worst fundamentals in a century.