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Market Experts Say the Coronavirus Selloff Is ‘Worse Than Anything We’ve Seen Since 1929.’ Here’s How Bad It Could Get.
Barrons ^ | March 21, 2020 | Lauren R. Rubin

Posted on 03/21/2020 1:02:06 PM PDT by Bon mots

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To: Ann Archy

Jesus is coming.


61 posted on 03/21/2020 2:22:06 PM PDT by DivineMomentsOfTruth ("There is but one straight course, ad that is to seek truth and pursue it steadily." -GW)
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To: joe fonebone

As long as Biden (and his minders) doesn’t get elected President we should be okay.


62 posted on 03/21/2020 2:22:27 PM PDT by Leep (Everyday is Trump Day!)
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To: DivineMomentsOfTruth

“Jesus is coming”

How will he get here ..they are closing all of the airlines.


63 posted on 03/21/2020 2:23:53 PM PDT by Leep (Everyday is Trump Day!)
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To: Bon mots

I wonder if the HC Insurance Company THIEVES will give people a break on their premiums.. Or will they screw us even more?


64 posted on 03/21/2020 2:25:56 PM PDT by DivineMomentsOfTruth ("There is but one straight course, ad that is to seek truth and pursue it steadily." -GW)
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To: BobL

Couple of weeks ago my prediction was DOW 12,000 - 15,000. Now I’m thinking if hospitals are overwhelmed.. 10,000.. maybe less.


65 posted on 03/21/2020 2:31:07 PM PDT by DivineMomentsOfTruth ("There is but one straight course, ad that is to seek truth and pursue it steadily." -GW)
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*


66 posted on 03/21/2020 2:33:53 PM PDT by Jane Long (Praise God, from whom ALL blessings flow.)
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To: Bon mots

Please remember that Barron’s newspaper / magazine is run by a bunch of leftists. Abby Cohen of Goldman Sachs is about as leftist as you can get yet she is one of the preferred Roundtable stock picking gurus did they talk to every year. I would take anything from Barron’s with a grain of salt even though I have a subscription to them. They have not been able to differentiate their hatred for President Trump and give any unbiased interpretation of the market ever. Almost think anything they say you can count on the opposite happening. It’s kind of like if you live in the inner city or in uptown of a city and you see the political signs in The Yards they are basically ones you just write down the names of so you can remember to vote for their opposition. I hope that makes sense.


67 posted on 03/21/2020 2:33:56 PM PDT by CincyRichieRich (Not a Chinese cover-up. It was a Chinese attack.)
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To: Bon mots

To calm jittery investors, the DJIA should replace Boeing with a paper-products company like Boise Cascade.


68 posted on 03/21/2020 2:38:30 PM PDT by rfp1234
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To: Bon mots

Fear wastes time and energy.


69 posted on 03/21/2020 2:39:39 PM PDT by lurk
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To: Bon mots

the market will survive, we are America.


70 posted on 03/21/2020 2:39:50 PM PDT by 1Old Pro
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To: SteveH
I suggest 5 deep calming breaths.

Remember, Trump is at the helm. Patience.

71 posted on 03/21/2020 2:41:42 PM PDT by onona
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To: dp0622

Positive, but wrong. In 1929 the market continued to slide until at 3 years later it hit bottom . From 300 to 41.


72 posted on 03/21/2020 2:56:51 PM PDT by Nateman ( Unless the left is screaming you are doing it wrong.)
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To: 1Old Pro

Exactly. Markets come and markets go. This is America.
Trump 2020


73 posted on 03/21/2020 3:08:52 PM PDT by whistleduck
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To: Bon mots

Direxeon leveraged ETF’s are powerful if you are correctly timing trends. HARD FOR ME THOUGH.


74 posted on 03/21/2020 3:09:51 PM PDT by alrea
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To: Bon mots

Buy more toilet paper!!!


75 posted on 03/21/2020 3:09:59 PM PDT by windsorknot
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To: rexthecat

Real yes, but the actual death rate is well below 1%. So many people are assymptomatic or mild. The US confirmed death rate is now below 1.2% from over 4% a few weeks ago and dropping every day. Germany is at 0.3%. The testing we do the lower the death rate. The under 20 crowd, despite making up 25% of the population in the Western world, are only 2.9% of cases. Lastly, the confirmed death rate is NOT the death rate. The actual death rate is (# of deaths / (confirmed cases + mild cases not tested + assymptomatic cases not tested + those naturally immune). We don’t have that. Based on the cruise ship, once adjusted for the the age of the US, they believe the death rate would be between 0.025% and 0.65% for those that get it.


76 posted on 03/21/2020 3:11:57 PM PDT by rb22982
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To: Freedom4US

“Even banks failed, there was no FDIC - people lost everything overnight.”

My mom told us my grandmother did not reopen a bank account again until the late 1950’s. Her husband worked in a steel mill and when he got paid she would go down the street and pay the grocer etc.

Everything they bought or needed was within 2-3 blocks of their house.

She was born in 1902 and the longest distance she had travelled from home her entire life was 70 miles .

Different time wasn’t it?


77 posted on 03/21/2020 3:13:21 PM PDT by setter
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To: dp0622
As I've discovered the hard way — there are no magic forecasting tools. If you invent one, it will only work for the time it takes a significant number of other speculators to copy it.
78 posted on 03/21/2020 3:15:41 PM PDT by USFRIENDINVICTORIA
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To: Freedom4US

I thought Smoot-Hawley caused the ‘29 crash and Great Depression. That’s what Fee Traitors™ tell me all time. /sarcasm


79 posted on 03/21/2020 3:16:46 PM PDT by central_va (I won't be reconstructed and I do not give a damn....)
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To: CIB-173RDABN

I thought Smoot-Hawley caused the ‘29 crash and Great Depression. /sarcasm


80 posted on 03/21/2020 3:17:39 PM PDT by central_va (I won't be reconstructed and I do not give a damn....)
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