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To: DouglasKC

Still shouldn’t the idea of a company trading 200 times earnings be MORE scary to the markets than NO DEATHS panic in North America?


180 posted on 02/28/2020 11:27:52 AM PST by Sam Gamgee
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To: Sam Gamgee
Still shouldn’t the idea of a company trading 200 times earnings be MORE scary to the markets than NO DEATHS panic in North America?

I don't think the stock market is pancking. It's all about supply chain disruptions. China has stopped what....70% of exports. South Korea and Japan are about to do it if they haven't already. Our society runs on Just In Time model. Nobody keeps large inventories because it's considered wasteful.

182 posted on 02/28/2020 11:31:33 AM PST by DouglasKC
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To: Sam Gamgee
Still shouldn’t the idea of a company trading 200 times earnings be MORE scary to the markets than NO DEATHS panic in North America?

Stocks were probably overpriced and a 10-15% correction was in order and predicted, this was just the impetus.

183 posted on 02/28/2020 11:33:07 AM PST by 1Old Pro
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