Nadaq almost hit green.
Democrats praying the Gaia for a total crash.
There is a difference.
The financial crisis of 2008 was due to institutional deficiencies.
The current crisis it temporary, and the markets will rebound quickly.
The only question is the timeline. Can the Rats keep this going through the election?
These investors are going to fare poorly. Bond prices are up as yields drop, so these investors are buying high into an asset class where yields are dropping.
I did the exact opposite this week. I sold out of a bond fund with a healthy profit that was driven by the rising bond prices this week.
“since the financial crisis”
since? exactly WHEN did this putative “financial crisis” start? this is the first of a “financial crisis” that i’ve heard about ... Yes, the market has plunged, apparently waking up to possibility of supply chain disruption, or perhaps just unwarranted panic that the fake stream enemedia has seized upon promoting in order to try to bring down President Trump ... but aside from the stock market plunge, i’m not seeing any “crisis” ...
Stocks on sale in a few weeks!
There were portents: Trillions into treasuries and the coronavirus. Don’t usually short the market let alone single stocks but there are dips. If you’d bought 1,000 shares of SDOW Wednesday, you’d be up $10,000 today. QID is also worth a look. But be very careful, shorting is a risky play.
Is it bad to say that the rats finally found the magic bullet to bring down the president? The hysteria is over over over the top by ALL, including fox, mediapukes!! No weapon formed against our president shall proper!!
Not even close.
Considering the Dow was at or under 10k then. Manufactured and total Bull Excrement.
This kind of BS reporting is criminal.
Was trying to post an image but that did not work out well..
Our CFP told us last year we could retire (we are 58)
This is exactly why we decided to keep working. I expect a painful drop and then a recession but of course I am a glass half full guy.
MSM continues to revel in “biggest one day point drop” without mentioning it was not the biggest percentage drop by far.
What scum they are.
And the rats cheer!
A global pandemic (blown out or proportion by media) and a stock market crash.
This the is happiest the democrats have been in years.
Sick Frickin wackos.
I get the feeling that we’re all being manipulated, and that the Wall Street cabal is going to be making a mint on this panic. I haven’t lost a penny. Because I’m not stupid enough to sell everything on a media driven panic. Let’s put it this way. If things are really bad enough to permanently erase your 401k, it’s not going to matter anyhow, and you should be investing in beans, salt, and lead anyhow.
Except there is no matching panic on the streets. Every one is calm. It’s only the market makers panicking. Smells like an excuse to sell and scare the economy into a recession. Not a single North American death, and the market erases all its gains this year? Doesn’t add up. Market weathered the storm of high PE ratios, but can’t handle a virus no worse than SARS or H1N1?
BOOM!
L@@K!
When everyone is panicking, that is the time to buy. A chunk at a time if you want to possibly catch a lower floor. It won’t be long before companies start announcing their work arounds that mostly nullify the problem.