Oh, but the Fed will save us!
Just like they did in 2008...
So is it a black swan or not? Is this genie going back in the bottle? Can America weld people into their apartments to stop it like the Chinese did?
Posted on 03/03/2020 2:02:27 PM PST by Mariner
It happened in 2008. The FED cut rates and the market tanked. It was out of Schlitz.
#7 BUY!!!
The market was up substantially this morning making back some of the panic selling last week. The Fed seemed to F this up today.
The market was up substantially this morning making back some of the panic selling last week. The Fed seemed to F this up today.
That Market today behaved just like a pogo stick.
Jumping up and down like someone with their hair on fire.
It was hard to watch.
Either the algos, which should be eliminated, or hanky pankey, which should also be eliminated.
I’m thinking investors saw the rate decrease as a panic move by the Fed. My very humble opinion.
Just like they did in 2008...
So is it a black swan or not? Is this genie going back in the bottle? Can America weld people into their apartments to stop it like the Chinese did?
Over 70% of people reportedly display normalcy bias in disasters (Black Swan events). Normalcy bias has been described as "one of the most dangerous biases we have".
Exactly. Glad someone here understands the market. That move signalled that the “crisis” is worse than it was thought.
Yep..losing ammo on purpose..isn't smart.
Dry work...better than wet work.
Congrats !!!
The panic timing of the cut signals things are way worse under the surface than what most know.
Yes it’s under $200k and I’m already paying an extra $1k a month
Cool, thanks!
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