Posted on 03/15/2020 4:50:28 PM PDT by Enlightened1
No activity on my little road now, should be a vehicle every 2 or 3 minutes, none now. 2008 things slowed to a halt but not this fast. Near Austin, Tx. I am no conspiracy nut but the last 24 hours have me looking over my shoulder as to who or what is driving things over the cliff.
“I lost a ton of money (on paper) with stocks..”
Everyone did...that’s why I bought a bunch of S & P 500 index.
Once the Fed does enough printing, then we will get inflation fear, but we are still a ways away from that.
Anything with the letters "FED" in it, and you're asking that question?
Perhaps an Easter resurrection?
Actually Baldy, it would not be a bad thing to give wall street two weeks off as well as the schools.
I think they should shut the markets for awhile. They have lost direction other than down. There is just no need for this.
Easter might be a tad too soon. Probably a bit later, maybe April 20 or May Day or May 25th at worst.
Why isn’t anyone worried? Half the population is ignorant
Not unless they can go negative.
The markets need to suspend until this settles down. This constant hammering serves no good purpose and is in fact very damaging.
You can make money on the downs. This idea that stocks must go up is a concern. A ‘free’ market accepts the fact that there will be ups and downs. One should understand the risks in stocks and look to expand your investment strategies.
I don't really know what that is supposed to do right now. Other than refinancing current debt or getting a loan to pay salaries during the downturn, why would anyone borrow from the fed?
The market see-sawed during the day at least once last week after gapping up, giving up all its gains by around noon, and climbing back to where it started.
I saw earlier tonight the banks have finally announced they are going to cease share buybacks and start lending.
The lowered rates are more for the national debt, to keep our heads above water. It is a stimulus to business but investors need to see that things are getting back to normal first.
The market will recover as soon as it realizes this epidemic is waning. And that has likely already happened.
Whto the hell understands how any of this stuff works...I sure don’t.
It has dropped close to three bucks in the last week, and
down nearly four bucks in the last three.
There are some great buying opportunities out there.
GEEZE if anyone want to buy for the short time BUY grocery companies there is absolute insanity out there in the grocery stores, I really feel for the staff of these stores it is very SHOCKING to see the American people behaving in this manor!!
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