Dow tumbles 1,600 points in 48 hours. Trump tweets this is fine

[CosmicCowboy]

BTW the market didn't go up yesterday because of Bernie/Biden news or good virus news. It went up because the fed indicated they would be proactive if covid19 started to hit the US economy hard. We could very well see negative interest rates if that happens.

[CosmicCowboy]

There are still stocks that will do well in this period. I mentioned last week that if the virus hits hard Amazon should do well in my opinion. I own about 20,000 ADRs of a chinese company that is similar to Amazon and is big in home delivery. With the chinese economy tanking they are up almost 20% in the last month.

[RandomGuy]

BTW the market didn't go up yesterday because of Bernie/Biden news or good virus news. It went up because the fed indicated they would be proactive if covid19 started to hit the US economy hard. We could very well see negative interest rates if that happens.

You can't push a rope.

Don't think that rate cuts are going to do much to spur demand that isn't there. Fed didn't push then negative last time, and will probably do a round of QE before that, IMO.

A lot will depend on how much China bounces back. A lot of business press indicates a re-thinking of supply chains. Good time to invest in Vietnam. The rest of Asia will benefit a lot.

[RandomGuy]

There are still stocks that will do well in this period. I mentioned last week that if the virus hits hard Amazon should do well in my opinion. I own about 20,000 ADRs of a chinese company that is similar to Amazon and is big in home delivery. With the chinese economy tanking they are up almost 20% in the last month.

That's gonna do well.

consumers tend to stick to online shopping after they switch to it, because of the convenience. This will see a shift in behavior in lot of places if that holds true.

Time to short brick and mortar retailers.

FWIW, I take a lot of walks when I travel for work, and often the companies I audit are close to big box stores, so I get to see a lot of different places.

Stopped into a Burlington Coat Factory in Abilene. That company is a goner, IMO, if the store I looked at was representative. Looked over their financials, and have to wonder at how they are making it work.

[RandomGuy]

Here's an article you might find interesting regarding margin calls

Gold Joins the Virus Sell-Off With Its Biggest Slide Since 2013
https://www.bloomberg.com/news/articles/2020-02-28/gold-prices-plunge-by-the-most-intraday-since-june-2013

world-wide recession will not help. Thanks again, I was wondering why gold was being pummeled.

[CosmicCowboy]

world-wide recession will not help. Thanks again, I was wondering why gold was being pummeled.

Meanwhile, Palladium is kicking ass. I bought a bunch of one ounce 1989 Ballerina proofs a long time ago for $225 each. I think I'm finally gonna sell them this month.

[hater]

fed cuts rates in an emergency session. damn the economic cataclysm must be fucking brutal for them to do this so quickly.

Its a golden time to refinance. How ling does it take for mortgage rates to catch up to the rate cut??

[hater]

damn stock still falling :lol

[picnroll]

When’s the last time the Fed the rate 50 basis points and the market reacted by dropping 900 points?

[hater]

Did you throw in?

no and glad I didnt :lol

[phxspurfan]

fed cuts rates in an emergency session. damn the economic cataclysm must be fucking brutal for them to do this so quickly.

Its a golden time to refinance. How ling does it take for mortgage rates to catch up to the rate cut??

mortgage/refi rates actually went up this past week, like wtf

[phxspurfan]

GLD (gold etf) up 3% today

https://finance.yahoo.com/quote/GLD/

[boutons_deux]

mortgage/refi rates actually went up this past week, like wtf

the spread was a big part of how BigFinance got bailed out in 2009. Effectively free money the Fed that was lent out at much higher rates.

[RandomGuy]

Wheee. End of week guesses?

Market close Friday at... (uses random.org-no relation- to pick a random number between 20000 and 30000...

Random Integer Generator
Here are your random numbers:

29013
Timestamp: 2020-03-03 21:01:34 UTC

:wow


No. My gut says more like 24000. That feels truthy.

[CosmicCowboy]

When’s the last time the Fed the rate 50 basis points and the market reacted by dropping 900 points?

I think the market was anticipating quantitative easing and not just a rate cut.

[hater]

I think the market was anticipating quantitative easing and not just a rate cut.

the market is probably expecting a blowjob as well at this point tbqh

[hater]

looks like its gonna be a blood n the streets day today.

[RandomGuy]

looks like its gonna be a blood n the streets day today.

Up 4% yesterday... down 2.5% within an hour of open...

[Spurs Homer]

The stock market - in the past two weeks-

has been more battered and bruised than any of Trumps rape victims!


:lmao:lmao

[Mitch]

Why are random and hater only showing up when stocks are down? :lol

Quit pretending you understand how stocks relate to the economy

[picnroll]

Gold finally doing it’s thing.

[Winehole23]

Why are random and hater only showing up when stocks are down? :lol

Quit pretending you understand how stocks relate to the economyHow do they relate to the economy, Mitch?

[hater]

looks like its gonna be a blood n the streets day today.

called it

ouch!

[Mitch]

How do they relate to the economy, Mitch?

How deep do you want to go into it? Random and hater have knee jerk reactions when the numbers tumble. Does that mean the economy is tanking or what?

Stocks tank and explode during times on uncertainty, like elections or this pandemic. It's an ongoing speculation of who is going to suffer and who profits, a bad week means nothing but trends do.

Unless you see stocks in terms of trends for each sector, you're just acting like a day trader.

I'm far from an expert, I don't claim an economics degree but I don't panic or in hater & ramdom's case celebrate, over a dow index showing scary red numbers.

[Winehole23]

How deep do you want to go into it? Random and hater have knee jerk reactions when the numbers tumble. Does that mean the economy is tanking or what?

Stocks tank and explode during times on uncertainty, like elections or this pandemic. It's an ongoing speculation of who is going to suffer and who profits, a bad week means nothing but trends do.

Unless you see stocks in terms of trends for each sector, you're just acting like a day trader.

I'm far from an expert, I don't claim an economics degree but I don't panic or in hater & ramdom's case celebrate, over a dow index showing scary red numbers.It's generally advisable not to get too excited about one day tallies, but the last two weeks have been unusually roller-coasterish. Last time we saw volatility like this was the end of 2018.

[Mitch]

It's generally advisable not to get too excited about one day tallies, but the last two weeks have been unusually roller-coasterish. Last time we saw volatility like this was the end of 2018.

There are a lot of factors to disrupt the market, Corona virus, elections coming, dems dropping out, fed rate cut, etc. It'll be another month before we see where the markets will trend. I don't see a major stall soon, but I don't make my money as an economist :lol

Good time to be a day trader, though.

[hater]

Another Friday massacre incoming as fears of US political elite could be infected. Blood on
the Streets

[boutons_deux]

It's generally advisable not to get too excited about one day tallies

but if one has been tipped off?

Suspicions on CME about $500M made on e-minis just before Fed made a positive announcement last Friday afternoon. Not bad for few hours of possibly criminal "work".

[Winehole23]

but if one has been tipped off?

Suspicions on CME about $500M made on e-minis just before Fed made a positive announcement last Friday afternoon. Not bad for few hours of possibly criminal "work".ye olde insider trading?

it's a good bet someone out there has the gumption.

10 year Treasury notes dipped below 0.7% last night, an all time low. Market is spooked.

[ducks]

New York (CNN Business)The US economy added 273,000 jobs in February, the US Bureau of Labor Statistics said Friday.

This was far more than economists had predicted. Leading the gains were new jobs in health care and social assistance, food services and government, where 7,000 people were hired for the April Census.
The unemployment rate fell back to the historic low 3.5%.

[Winehole23]

With unemployment so low, it's a wonder so many people are struggling to get by.

[RandomGuy]

https://finance.yahoo.com/news/global-economy-gripped-rare-twin-004516671.html

... there is your self-reinforcing feedback loop.

Slow down will hit US about the time of the election. 2Q and 3Q will have been closed by then.

[boutons_deux]

With unemployment so low, it's a wonder so many people are struggling to get by.

45 year long War on Employees

Federal judge just blocked San Antonio's ordinance for paid sick leave, handing the SA business warriors another battle.

I expect the SCOTEX BigCorp-elected whores to crush any cities trying help their citizens, like Repugs did to block Tesla and block municipal broadband.

[picnroll]

10 year treasuries fall below 0.7%. Negative rates here we come.

[Winehole23]

https://finance.yahoo.com/news/global-economy-gripped-rare-twin-004516671.html

... there is your self-reinforcing feedback loop.

Slow down will hit US about the time of the election. 2Q and 3Q will have been closed by then.Instead of the Fed (and central banks around the world) pushing on a string, perhaps fiscal stimulus should be considered. Seems odd political solutions are presumptively ruled out.

[hater]

Another Friday massacre incoming as fears of US political elite could be infected. Blood on
the Streets

called it

governments are being stupid by not telling citizens the truth. Everyone will get the virus but its not as bad as its painted. Once everyone figures this out, the markets will stabilize and move on

But idiots are hiding the truth while saying its gonna be ok. that = uncertainty thus the panic

come out and say it. this is not going to be stopped but its just a very strong flu

[DMC]

With unemployment so low, it's a wonder so many people are struggling to get by.

This is a meaningless statement. Who is struggling to get by? Are they employed? Do they want to be?

[Winehole23]

This is a meaningless statement. Who is struggling to get by? Are they employed? Do they want to be?Meaningless to you perhaps.

Aggregate employment rates don't give a good picture of overall financial precarity, declining fortunes and declining quality of life in the USA since the 2008 crash, that's all.

What good is it if theoretical full employment levels leave half the country is unable to incur an unexpected 500 dollar expense without being wiped out? One third of baby boomers approaching retirement age have between zero and 25,000 in retirement savings.

[pgardn]

If this stat is true:

Lower 50% in income pay 3% of taxes.
Upper 50% pay 97%

So half of our working public pay only 3%

We have a lot of lazy people or...
Something about income and income tax is very off balance.

Where the fck is the middle class? Wtf does middle class even mean?

[DarrinS]

One third of baby boomers approaching retirement age have between zero and 25,000 in retirement savings.

That's on them. I lost more than that this week, ~35K. :lol

[Winehole23]

That's on them. I lost more than that this week, ~35K. :lolYou're wrong, the social costs will be borne by you and me.

[Trill Clinton]

Meaningless to you perhaps.

Aggregate employment rates don't give a good picture of overall financial precarity, declining fortunes and declining quality of life in the USA since the 2008 crash, that's all.

What good is it if theoretical full employment levels leave half the country is unable to incur an unexpected 500 dollar expense without being wiped out? One third of baby boomers approaching retirement age have between zero and 25,000 in retirement savings.

Yup. Unemployment is so low because people have to work 2-3 jobs just to make ends meet.

[boutons_deux]

Yup. Unemployment is so low because people have to work 2-3 jobs just to make ends meet.

a few hours / day and not every day, eg, rideshare driving, is considered "employed", aka, The Working Poor who Repugs screw at every chance

[DMX7]

Can't blame this latest fall on Bernie Sanders.

[DarrinS]

Yup. Unemployment is so low because people have to work 2-3 jobs just to make ends meet.


Think about this post for a minute. :lmao

[Winehole23]

a few hours / day and not every day, eg, rideshare driving, is considered "employed", aka, The Working Poor who Repugs screw at every chanceDems have been screwing them hard too, austerity is a bipartisan sport.

[Winehole23]

Think about this post for a minute. :lmaoWhat conclusion did you just draw?

[DarrinS]

What conclusion did you just draw?

Tell me how Trill's multiple jobs affects (1) the number of unemployed workers or (2) the total labor force?

[pgardn]

That's on them. I lost more than that this week, ~35K. :lol

You and I can make this up in working income very easily. We took a paper loss at this point, let’s cry.

Half the people in this country take a hit like this out of pocket?
And you throw out this basically white male problem expecting this to seem like it should hurt or not? Which is it?

I personally do not like the idea of wealth redistribution with the unknown ramifications.

But If you refuse to at least look at the stats as they exist and blame it on simple laziness... you don’t give a fck about this country. That is such a red team excuse and it’s just ridiculous. Find a cheating poor bum scamming the system before looking for a multi millionaire and cheating accounting, that’ll do it for you. Rationalization completed, you feel fine.

“Dammit I hate taxes” Meanwhile the entire fleet of trucks this person owns, uses and tears up federally funded highways moving all his product to an Amazon warehouse.

Boo fckn hoo...

[Winehole23]

Tell me how Trill's multiple jobs affects (1) the number of unemployed workers or (2) the total labor force?I can see why you'd ask that, but I'm not sure that's what Trill meant to say. Underemployed people count as employed, and we got a lot of em.

[CosmicCowboy]

What conclusion did you just draw?

I concluded he was making a joke about AOC saying it.

[CosmicCowboy]

You and I can make this up in working income very easily. We took a paper loss at this point, let’s cry.

Half the people in this country take a hit like this out of pocket?
And you throw out this basically white male problem expecting this to seem like it should hurt or not? Which is it?

I personally do not like the idea of wealth redistribution with the unknown ramifications.

But If you refuse to at least look at the stats as they exist and blame it on simple laziness... you don’t give a fck about this country. That is such a red team excuse and it’s just ridiculous. Find a cheating poor bum scamming the system before looking for a multi millionaire and cheating accounting, that’ll do it for you. Rationalization completed, you feel fine.

“Dammit I hate taxes” Meanwhile the entire fleet of trucks this person owns, uses and tears up federally funded highways moving all his product to an Amazon warehouse.

Boo fckn hoo...

I all you can get is a near minimum wage job and you aren't mentally or physically handicapped then at some point you were either lazy or made some very bad decisions.

[pgardn]

I all you can get is a near minimum wage job and you aren't mentally or physically handicapped then at some point you were either lazy or made some very bad decisions.

50% of our workforce IS NOT minimum wage.

They pay 3% of our federal taxes?
Something is fckn up because they do pay taxes on that paystub.

[pgardn]

If this stat is true:

Lower 50% in income pay 3% of taxes.
Upper 50% pay 97%

So half of our working public pay only 3%

We have a lot of lazy people or...
Something about income and income tax is very off balance.

Where the fck is the middle class? Wtf does middle class even mean?

[pgardn]

Liberals always look to blame government policies and the rich.

Conservatives always look to blame the individual for their plight.

Im saying we got a problem in the distribution of wealth.
Something is rotten. How to fix it, I’m not sure.
I know this, it’s NOT purely due to bad decisions and laziness.

[pgardn]

Liberals always look to blame government policies and the rich.

Conservatives always look to blame the individual for their plight.

Im saying we got a problem in the distribution of wealth.
Something is rotten. How to fix it, I’m not sure.
I know this, it’s NOT purely due to bad decisions and laziness.

[boutons_deux]

$2 billion needed to develop COVID-19 shot

https://www.reuters.com/article/us-health-coronavirus-vaccines/2-billion-needed-to-develop-covid-19-shot-says-epidemic-response-group-idUSKBN20T28H?feedType=RSS&feedName=healthNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FhealthNews+%28Reute rs+Health+News%29

[SnakeBoy]

Russia refuses to support production cuts, says let's wait and see what happens.

WTI $41 Brent at $45

$30's coming up I guess. Thank Vlad when you fill up.

[pgardn]

Russia refuses to support production cuts, says let's wait and see what happens.

WTI $41 Brent at $45

$30's coming up I guess. Thank Vlad when you fill up.

I need it at 4.50 a gallon in Texas.
I want to kayak without the yahoos burning gas in their shallow grass flat boats and scaring all the fish.

[ElNono]

Meaningless to you perhaps.

Aggregate employment rates don't give a good picture of overall financial precarity, declining fortunes and declining quality of life in the USA since the 2008 crash, that's all.

What good is it if theoretical full employment levels leave half the country is unable to incur an unexpected 500 dollar expense without being wiped out? One third of baby boomers approaching retirement age have between zero and 25,000 in retirement savings.

Wage growth has simply not materialized. When unemployment is low, the trend is for wages to go up, since there's allegedly more competition in the marketplace.

There's many reasons for this phenomenon right now, here's an article that summaries some:
https://www.nytimes.com/interactive/2018/02/01/business/economy/wages-salaries-job-market.html

[boutons_deux]

There's many reasons for this phenomenon right now, here's an article that summaries some:
https://www.nytimes.com/interactive/2018/02/01/business/economy/wages-salaries-job-market.html

Do you think those "numbers" (aka "Capitalism FUCKS Labor) just happen naturally, inevitably as "free-market, open competition Capitalist economics", or are they induced, even forced, by govt and Capitalist actions?

[CosmicCowboy]

I need it at 4.50 a gallon in Texas.
I want to kayak without the yahoos burning gas in their shallow grass flat boats and scaring all the fish.

They still did that when gas was expensive. The ones I really hated were the airboats.

[pgardn]

They still did that when gas was expensive. The ones I really hated were the airboats.

Absolutely air boats. I feel like chunking a chain in the prop. Possibility of injuries way too high.

Traffic was considerably lower when gas was high in my experience. (Redfish Bay Area OfF Of 361)
Although they did end up ruining places for each other and cussing each other.
No need to cuss a kayaker. Just burn the shoreline in my entire path. hell go between me and the shoreline because you can and I can’t chase you down and ruin it for you.

The boaters and airboats way off in the middle of nowhere are usually very cognizant of your presence and take obvious precautions to be kind.

Ahh, eventually I find em in a back lake. I will go either way. But I still want high gas prices. I love empty boat parking lots in the middle of the week.

[RandomGuy]

Liberals always look to blame government policies and the rich.

Conservatives always look to blame the individual for their plight.

Im saying we got a problem in the distribution of wealth.
Something is rotten. How to fix it, I’m not sure.
I know this, it’s NOT purely due to bad decisions and laziness.

The evidence we have is that poverty causes bad decisions, not vice versa.

[ElNono]

Do you think those "numbers" (aka "Capitalism FUCKS Labor) just happen naturally, inevitably as "free-market, open competition Capitalist economics", or are they induced, even forced, by govt and Capitalist actions?

I think it's natural as the market has expanded to the whole world, and technology has made that possible. The US is largely noncompetitive in the vast majority of non-specialized areas. Retraining is hard, costly, and normally not covered by the market, especially for people of older age.

Demagogues are going to keep rambling against globalization because it's an easy target that resonates with the non-rich 70% or so of this country, but in practice, this is what capitalism evolved into. It's still about being efficient, streamlining costs, getting the best ROI, etc.

There's no easy solutions or silver bullets for this, tbh.

[picnroll]

Dow futures down over 900 with prospect of oil price war. Oil plummets 30%.

[SnakeBoy]

Russia refuses to support production cuts, says let's wait and see what happens.

WTI $41 Brent at $45

$30's coming up I guess. Thank Vlad when you fill up.

Oil futures now
WTI $31
Brent $33

I guess $20's on the table

[hater]

stock can possibly lose 50% value next few weeks

probablu sub 22k by end of the week

[picnroll]

Sitting on 95% cash since my one year treasuries matured last month. Trick is to get a good entry point.

[hater]

Russia refuses to support production cuts, says let's wait and see what happens.

WTI $41 Brent at $45

$30's coming up I guess. Thank Vlad when you fill up.

Russia is self sufficient thanks mainly to US sanctions :lol

Putin is probably letting other oil banana republics go down in flames, also seeing the onliteration of US fracking industry and enjoying Wall Street go to the toilet

[CosmicCowboy]

Pretty clear tomorrow is gonna suck.

[hater]

Asian and European markets have crashed. 6% loss Id expect similar loss tomorrow on Wall Street

Sad thing is the markets are crashing now not because the virus in china but the almost guaranteed pandemic in the USA

[DMX7]

Asian and European markets have crashed. 6% loss Id expect similar loss tomorrow on Wall Street

Sad thing is the markets are crashing now not because the virus in china but the almost guaranteed pandemic in the USA

We're already at pandemic status TBH. It's not under control. Nothing is under control anywhere. Tomorrow they may even have to halt trading inter-day if we have a full blown crash. I believe only 7% or something like that is the magic number to trigger trading halt automatically.

[rmt]

There are a lot of factors to disrupt the market, Corona virus, elections coming, dems dropping out, fed rate cut, etc. It'll be another month before we see where the markets will trend. I don't see a major stall soon, but I don't make my money as an economist :lol

Good time to be a day trader, though.

Yep, I've been using leveraged S&P500 (SPXL) - buy and sell the downs and ups.

[baseline bum]

Opens down 872 points

[baseline bum]

Now down 1750

[Mitch]

Might make some buys this week, pickings good tbh.

[hater]

Stock halted

thisisfine.gif

[hater]

:lmao Trump

Blood on the streets is official

the blood on the street moment has happened under Trump

[hater]

stock can possibly lose 50% value next few weeks

probablu sub 22k by end of the week

called it

[baseline bum]

:lmao Trump

Blood on the streets is official

the blood on the street moment has happened under Trump

Wait until the 20% trip that ends trading for the day.

[Spurs Homer]

-2000

[hater]

https://twitter.com/santainc/status/1232059585394929664?s=21
dumb ass

:lmao Trump

[baseline bum]

-2000

Wait until we're Italy in 2-3 weeks

[hater]

anyone with 401k

ma condolences nigas :( (i have it too )

[Thread]

Wait until we're Italy in 2-3 weeks

At least we're all in it together.

[Spurs Homer]

At least we're all in it together.


trump says it is all a hoax-


nothing to see here - all is well!


ive got the poison at the ready -

soon as dear leader orders- I will bite down as hard as I can and smile....


MAGA

[Thread]

trump says it is all a hoax-


nothing to see here - all is well!


ive got the poison at the ready -

soon as dear leader orders- I will bite down as hard as I can and smile....


MAGA

You lucked out, Homer. It happens.

[baseline bum]

Rebounded 500 points in the last ten minutes

[Mitch]

called it

You "call it" every time the stocks take a dip and disappear when they correct themselves :lol

[DMX7]

We're already at pandemic status TBH. It's not under control. Nothing is under control anywhere. Tomorrow they may even have to halt trading inter-day if we have a full blown crash. I believe only 7% or something like that is the magic number to trigger trading halt automatically.

Correct, DMX7. The number is 7%.

[Will Hunting]

This can’t jus the coronavirus - imo the market was looking for a reason to correct itself and coronavirus happened to be the match that lit the fuse.

[hater]

You "call it" every time

thanks ma nig :tu

[SpursforSix]

This can’t jus the coronavirus - imo the market was looking for a reason to correct itself and coronavirus happened to be the match that lit the fuse.

This. Probably a good thing as far as that goes.

[Mitch]

thanks ma nig :tu

Just pointing out that you're wrong so much maybe you should just wait and see like anybody who isn't a trader :lol

[hater]

Wait until we're Italy in 2-3 weeks

Italy?

Italy has quarantined regions pretty quickly

we could possibly make Italy look like Utopia

[hater]

Just pointing out that you're wrong so much maybe you should just wait and see like anybody who isn't a trader :lol

been right every time ma niga

its Trump and his retards who have been way off

talking about the stock market is looking great weks ago :lmao :lmao :lmao

[baseline bum]

Italy?

Italy has quarantined regions pretty quickly

we could possibly make Italy look like Utopia

Just crazy how Italy went from 16 cases 17 days ago to 1/4 of the country now on travel bans.

[baseline bum]

Still the 0.6% mortality rate South Korea reported gives me some hope this won't be too crazy, as they're the only country actually testing for COVID-19 at any reasonable level.

[Thread]

Still the 0.6% mortality rate South Korea reported gives me some hope this won't be too crazy, as they're the only country actually testing for COVID-19 at any reasonable level.

That's it & that's all. & that's precisely why "CNN" don't touch that #.

[DMX7]

Might make some buys this week, pickings good tbh.

Be careful. I see further decline. There's just more bad news coming down the pike and the markets are trading on it for the worse.

[Thread]

Be careful. I see further decline. There's just more bad news coming down the pike and the markets are trading on it for the worse.

That's because you & people like you won't uncross your fuckin' fingers & toes.

tee, hee.

[MannyIsGod]

Still the 0.6% mortality rate South Korea reported gives me some hope this won't be too crazy, as they're the only country actually testing for COVID-19 at any reasonable level.

Yeah except we're handling it more like Iran than anything SK is doing. We've tested under 2k people. They're testing 10,000 a day. All the "healthy" non tested people are out going to NBA games, conferences, stores, etc and doing a good and efficient job spreading this thing.

[baseline bum]

Yeah except we're handling it more like Iran than anything SK is doing. We've tested under 2k people. They're testing 10,000 a day. All the "healthy" non tested people are out going to NBA games, conferences, stores, etc and doing a good and efficient job spreading this thing.

Yeah. Japan doing the same bullshit with testing because they're scared of losing the olympics.

[baseline bum]

Though at least Japan has shut down the schools and eliminated crowds at sporting events.

[Thread]

Yeah except we're handling it more like Iran than anything SK is doing. We've tested under 2k people. They're testing 10,000 a day. All the "healthy" non tested people are out going to NBA games, conferences, stores, etc and doing a good and efficient job spreading this thing.

...at least that's what you fervently hope they're doing.

[Mitch]

been right every time ma niga

its Trump and his retards who have been way off

talking about the stock market is looking great weks ago :lmao :lmao :lmao

Thats why you disappear every rebound? :lol

Gotta quote me about that last bit, don't make shit up tbh

[hater]

Thats why you disappear every rebound? :lol

Gotta quote me about that last bit, don't make shit up tbh

check my posts in this thread niga. have not been wrong once :lol

called it

[Mitch]

Be careful. I see further decline. There's just more bad news coming down the pike and the markets are trading on it for the worse.

I got my eye on a few sectors that'll rebound fast, probably won't pull the trigger until I see where oil is going though.

[Will Hunting]

Might make some buys this week, pickings good tbh.
I don’t think it’s bottomed out yet. The market was looking for a reason to correct and found one imo.

[Winehole23]

That's it & that's all. & that's precisely why "CNN" don't touch that #.That's a high rate of death for a pandemic disease. About six times higher than the flu pandemics of 1957 and 1968.

The 1919 outbreak was 2%-3%.

[hater]

Yeah. Japan doing the same bullshit with testing because they're scared of losing the olympics.

when US cases start doubling daily, americans will finally realize to quarantine and cancel schools/congregations. by that time it will be too late as the # of hotspots in US territory will eclipse any other country in the world.

MAGA

[Mitch]

check my posts in this thread niga. have not been wrong once :lol

called it

You "called it" last Friday when stocks were down like 4% first few hours and disappeared when they rebounded half way. You just read numbers and that's it I suspect :lol

[hater]

You "called it" last Friday when stocks were down like 4% first few hours and disappeared when they rebounded half way. You just read numbers and that's it I suspect :lol

nope my calls were made the day prior they became true

called them all :tu

[Mitch]

I don’t think it’s bottomed out yet. The market was looking for a reason to correct and found one imo.

Not gonna do anything yet, but I'll probably move on the left of a dip rather than the right.

[Winehole23]

Yeah except we're handling it more like Iran than anything SK is doing. We've tested under 2k people. They're testing 10,000 a day. All the "healthy" non tested people are out going to NBA games, conferences, stores, etc and doing a good and efficient job spreading this thing.Plebes will die so that the cash register can continue to ring. It's very short-sighted. Rate of incidence can mitigated to prevent our health care system from being pegged out. Once it pegs out, people start to die from otherwise preventable conditions because they can't he admitted/treated.

[Mitch]

nope my calls were made the day prior they became true

called them all :tu

Not true, but you're having fun so it's w/e to me. What nationality are you though, you never answered :lol

[MannyIsGod]

when US cases start doubling daily, americans will finally realize to quarantine and cancel schools/congregations. by that time it will be too late as the # of hotspots in US territory will eclipse any other country in the world.

MAGA

Honestly its already too late. The virus has been spreading in the community for over a month. Some of the experts on twitter have broken down the genetic forensics they use to trace the virus and in WA its been there for a long time. Since the number of cases basically doubles every 6 days, its already pretty high and I highly doubt if there's any major metro in the US without a good amount of cases. The simple math behind this thing is insane, and meanwhile people are still debating on whether or not to go to Cochella.

[Winehole23]

That's because you & people like you won't uncross your fuckin' fingers & toes.

tee, hee.
So, DMX7 and people like DMX7 determine what insitutional traders do?

[MannyIsGod]

Plebes will die so that the cash register can continue to ring. It's very short-sighted. Rate of incidence can mitigated to prevent our health care system from being pegged out. Once it pegs out, people start to die from otherwise preventable conditions because they can't he admitted/treated.

Yeah exactly when the ICU is full of COVID cases what happens when someone has a stroke or heart attack? The magnitude of this fuck up is going to be bigger than anything we've seen in our lifetimes.

[hater]

Honestly its already too late. The virus has been spreading in the community for over a month. Some of the experts on twitter have broken down the genetic forensics they use to trace the virus and in WA its been there for a long time. Since the number of cases basically doubles every 6 days, its already pretty high and I highly doubt if there's any major metro in the US without a good amount of cases. The simple math behind this thing is insane, and meanwhile people are still debating on whether or not to go to Cochella.

only mass quarantines and cancelations can slow this down

there are just a finite # of mechanical ventilators in the US

last I checked there are about 62,000 ventilators

lets not forget a good % of those is already in use by sick ppl so there could be only say 30k ventilators availanble

coronavirus patients who fall really ill need those for at least a week

agree that we are closer to Iran at this point than Italy. much less Korea or china

[Winehole23]

Stock halted

thisisfine.gifIt's a free market until rich people start to lose serious money.

[baseline bum]

Honestly its already too late. The virus has been spreading in the community for over a month. Some of the experts on twitter have broken down the genetic forensics they use to trace the virus and in WA its been there for a long time. Since the number of cases basically doubles every 6 days, its already pretty high and I highly doubt if there's any major metro in the US without a good amount of cases. The simple math behind this thing is insane, and meanwhile people are still debating on whether or not to go to Cochella.

How long do they think it has been in Washington? Wonder how long for Texas. Because I have a friend who had a really nasty case of pneumonia in late December through January who tested positive for absolutely nothing they tested for.

[Thread]

So, DMX7 and people like DMX7 determine what insitutional traders do?

Yes.

[Winehole23]

Yes.How so?

Seems to me the price war in the oil sector is the proximate cause of today's worldwide dip.

Seems implausible to atrribute worldwide effects to consumer sentiment in one country.

[Thread]

How so?

Same old, same old...because Trump is President. Not Clinton.

[MannyIsGod]

How long do they think it has been in Washington? Wonder how long for Texas. Because I have a friend who had a really nasty case of pneumonia in late December through January who tested positive for absolutely nothing they tested for.

The one guy I've seen do it is linked below:

https://twitter.com/trvrb/status/1236799358718185472

That thread discusses how its been there so long, it was actually the source for the outbreak on the cruise ship who's passengers are now at the base in SA. He mentions introduction into WA from Wuhan in mid Jan, so nearly 2 months ago!

[hater]

keep in mind 20% of ppl who develop symptoms need to be plugged in to ventilators

and its not just old ppl, but young ppl or any age

people are hung up on death rate and only old ppl dying

but do you really want to be plugged in to a ventilator inan overcrowded hospital for at least 1 week?

MAGA

[DarrinS]

keep in mind 20% of ppl who develop symptoms need to be plugged in to ventilators

and its not just old ppl, but young ppl or any age

people are hung up on death rate and only old ppl dying

but do you really want to be plugged in to a ventilator inan overcrowded hospital for at least 1 week?

MAGA


link?

[hater]

link?

https://jamanetwork.com/journals/jama/fullarticle/2762130

[Winehole23]

Same old, same old...because Trump is President. Not Clinton.Worldwide dip in markets to make Trump look bad.

Sounds plausible.

[DMX7]

keep in mind 20% of ppl who develop symptoms need to be plugged in to ventilators

and its not just old ppl, but young ppl or any age

people are hung up on death rate and only old ppl dying

but do you really want to be plugged in to a ventilator inan overcrowded hospital for at least 1 week?

MAGA

It does effect younger people. Dr. Li Wenliang was only 33 years old when he died from Coronavirus. He thought it was SARS before it was realized to be something new. Very tragic.

[DarrinS]

keep in mind 20% of ppl who develop symptoms need to be plugged in to ventilators

and its not just old ppl, but young ppl or any age

people are hung up on death rate and only old ppl dying

but do you really want to be plugged in to a ventilator inan overcrowded hospital for at least 1 week?

MAGA


"Approximately 20-30% of hospitalized patients with COVID-19 and pneumonia have required intensive care for respiratory support."

https://www.cdc.gov/coronavirus/2019-ncov/hcp/clinical-guidance-management-patients.html

That's more than just having "symptoms".

:lol hater

[Winehole23]

"Approximately 20-30% of hospitalized patients with COVID-19 and pneumonia have required intensive care for respiratory support."

https://www.cdc.gov/coronavirus/2019-ncov/hcp/clinical-guidance-management-patients.html

That's more than just having "symptoms".

:lol hater
Yeah, hater fudges details, but having found the easter egg for yourself, does it tend to allay or stimulate your concern?

[DarrinS]

Yeah, hater fudges details, but having found the easter egg for yourself, does it tend to allay or stimulate your concern?

If I was 20 years older and had health problems, I'd be very concerned.

[hater]

"Approximately 20-30% of hospitalized patients with COVID-19 and pneumonia have required intensive care for respiratory support."

https://www.cdc.gov/coronavirus/2019-ncov/hcp/clinical-guidance-management-patients.html

That's more than just having "symptoms".

:lol hater

if you have 3 days of fever and/or difficulty breathing you will go to the ER and 20% of those cases end up in hospital beds

those symptoms. im not talking about regilar flu symptoms.

[hater]

If I was 20 years older and had health problems, I'd be very concerned.

you should be concerned that 60% of US population qualifies for what you posted above

[DarrinS]

you should be concerned that 60% of US population qualifies for what you posted above

You're losing it. :lol

[Winehole23]

you should be concerned that 60% of US population qualifies for what you posted aboveIt should also concern him that so many younger people will be walking around, undiagnosed, with mild symptoms.

[MannyIsGod]

The math is pretty damning.

For instance:

https://twitter.com/LizSpecht/status/1236095180459003909


If we have 400k available hospital beds nationally, and we end up with 10 million people in the country getting the disease (i'll add, these are pretty conservative estimates), then you only need a 4% hospitalization rate to fill those beds. Considering the death rate is thought to be somewhere between .5 and 3%, a 4% hospitalization rate seems really low. And considering 10 million nationally is really conservative and likely on the low side, Its not going to take much to hit the capacity of our health care system even if its operating at peak efficiency (which it won't be).

Exponential growth is a bitch. Exponential growth is what is going to happen considering we're not doing shit about it right now.

[DMX7]

Halliburton force to stop trading 3 times today. :wow

[Winehole23]

Halliburton force to stop trading 3 times today. :wowIt's a free market until richies and corporations start to lose their shorts in the outgoing tide.

[DMX7]

Down over 1,900 in half a day of trading right now. :wow

Market has no faith in this economy right now.

[hater]

Lol Royal Caribbean stock

[hater]

will dump 10k to cruise stock when they reach < $10 tbqh

can make a killing

[DMX7]

Lol Royal Caribbean stock

President Trump is overseeing the end of the longest bull market in history. We're collapsing like the Trump Taj Mahal. :wow


will dump 10k to cruise stock when they reach < $10 tbqh

can make a killing


It's not rallying. No reason to believe that.

[DMX7]

Trump Taj Mahal:

https://bloximages.chicago2.vip.townnews.com/pressofatlanticcity.com/content/tncms/assets/v3/editorial/f/fb/ffbc95de-7aa3-51fe-a6df-34c30af2b06c/595d09bc39a69.image.jpg?resize=1200%2C900

[DMX7]

Stock Market now down 2,100 points -- an all time record

[Thread]

Stock Market now down 2,100 points -- an all time record

A heart breaking tragedy.

[Thread]

President Trump is overseeing the end of the longest bull market in history.

At least President Hillary Clinton ain't overseeing it.

[DMX7]

At least President Hillary Clinton ain't overseeing it.

She'll never be scared with that.

Trump staked everything on his stock market success and now it's over.

[baseline bum]

Trump Taj Mahal:

https://bloximages.chicago2.vip.townnews.com/pressofatlanticcity.com/content/tncms/assets/v3/editorial/f/fb/ffbc95de-7aa3-51fe-a6df-34c30af2b06c/595d09bc39a69.image.jpg?resize=1200%2C900

You seen McMillions on HBO? They were talking about how Trump Taj Mahal had Jerry Colombo, from that Colombo family, as head of security there.

[DMC]

She'll never be scared with that.

Trump staked everything on his stock market success and now it's over.

How is it over?

That kind of mentality is why poor people stay poor. You guys don't seem to know how to seize on opportunity. Just sit around and wring your fucking hands all the time.

[DMX7]

How is it over?

That kind of mentality is why poor people stay poor. You guys don't seem to know how to seize on opportunity. Just sit around and wring your fucking hands all the time.

This has all the indicators of a full blown global recession and not just a "correction". The bull market is done. It's been an amazing ride and I've enjoyed it so much but it's over.

[hater]

This has all the indicators of a full blown global recession and not just a "correction". The bull market is done. It's been an amazing ride and I've enjoyed it so much but it's over.

The US Shale industry will go belly up

USA will probably try to bail them out

trouble is they will also have to bail out the banks they bailed out in 08 again

“too big to fail” problem is they are bigger now :lmao

the dollar will collapse and oil and other stuff will go back up

[Winehole23]

How is it over?

That kind of mentality is why poor people stay poor. You guys don't seem to know how to seize on opportunity. Just sit around and wring your fucking hands all the time.Poor people stay poor because they don't have access to credit and capital, you silly man. Also, because it's more expensive to be poor, in a lot of ways.

The best predictor of upward mobility in the US remains inherited wealth.

[Winehole23]

Zero discussion of paid sick leave, but a bailout of airlines, cruise lines and hotels is already in the works. Same logic as the 2009 stimulus, robust direct aid to corporations, zip for regular citizens.

https://www.washingtonpost.com/business/2020/03/06/white-house-could-seek-timely-targeted-aid-us-industries-hurt-by-coronavirus-outbreak-top-adviser-says/

[ElNono]

Zero discussion of paid sick leave, but a bailout of airlines, cruise lines and hotels is already in the works. Same logic as the 2009 stimulus, robust direct aid to corporations, zip for regular citizens.

https://www.washingtonpost.com/business/2020/03/06/white-house-could-seek-timely-targeted-aid-us-industries-hurt-by-coronavirus-outbreak-top-adviser-says/

yep, good luck paying rent, etc with a payroll taxcut

[hater]

downfutures looking on the ups. probably because of all the bailouts promised :lmao

gonna be a decent day tomorrow save a lot more infections. they will probably do little testing next few days to improve the market a bit :lmao

[DC23]

downfutures looking on the ups. probably because of all the bailouts promised :lmao

gonna be a decent day tomorrow save a lot more infections. they will probably do little testing next few days to improve the market a bit :lmao
Could see a bounce for a couple days but don't be fooled.

[hater]

sure

next week at some point will
be brutal again when Us sees cases spike to the thousands

unlike China, US will not have only 1 epicenter but most likely 4 or 5

LA, NY, Seattle, DC.....

[Winehole23]

yep, good luck paying rent, etc with a payroll taxcutYep.

At least Trump is paying lip service to regular folks:



https://www.cnn.com/2020/03/09/politics/donald-trump-economic-response-markets-coronavirus/index.html

[Winehole23]

Zero discussion of paid sick leave, but a bailout of airlines, cruise lines and hotels is already in the works. Same logic as the 2009 stimulus, robust direct aid to corporations, zip for regular citizens.

https://www.washingtonpost.com/business/2020/03/06/white-house-could-seek-timely-targeted-aid-us-industries-hurt-by-coronavirus-outbreak-top-adviser-says/Maybe the airlines, hotels and cruise lines should have laid something by for a rainy day.

[ChumpDumper]

Maybe the airlines, hotels and cruise lines should have laid something by for a rainy day.They should just pick up a second job, maybe an Uber route.

[Will Hunting]

Maybe the airlines, hotels and cruise lines should have laid something by for a rainy day.
Bailing the airlines out would be ridiculous. Any lost revenue from worried travelers is probably getting offset by rock bottom oil prices.

[in2deep]

Ive had a dry cough for a week. no fever
my whole family, same

[boutons_deux]

Bailing the airlines out would be ridiculous. Any lost revenue from worried travelers is probably getting offset by rock bottom oil prices.

Apparently, no. They buy fuel on hedges, so their current purchases cost more than lowered fuel purchases (but cost less if oil spikes)

[RandomGuy]

How is it over?

That kind of mentality is why poor people stay poor. You guys don't seem to know how to seize on opportunity. Just sit around and wring your fucking hands all the time.

The evidence is that poverty causes poor decision making, not the other way around. FWIW.

[RandomGuy]

Bailing the airlines out would be ridiculous. Any lost revenue from worried travelers is probably getting offset by rock bottom oil prices.

To some extent, yes.

No amount of cheap fuel though, will make a flight of a 737 with 10 passengers profitable.

We have been bailing out airlines for close to half a century by now. The industry as a whole had a negative net income if you look at net income cumulatively since inception of airlines, as recently as a few years ago.

Fuckers keep stripping out inches and charging us for bag fees, and toilet fees, and whatever else. I hate flying.

[RandomGuy]

Maybe the airlines, hotels and cruise lines should have laid something by for a rainy day.


They should just pick up a second job, maybe an Uber route.

https://www.statista.com/statistics/214813/number-of-visitors-to-the-us-from-china/

The number of Chinese visitors to the US at the start of the financial crisis in 2008: 450k

In 2019: 2.84 million, projected to 3.52M in four years.

The impact of China's ban on travel will be felt by a great many people.

[Winehole23]

Ive had a dry cough for a week. no fever
my whole family, same
Tree pollen? Pecan is blooming in Austin, Oak can't be far behind.

[Winehole23]

https://www.statista.com/statistics/214813/number-of-visitors-to-the-us-from-china/

The number of Chinese visitors to the US at the start of the financial crisis in 2008: 450k

In 2019: 2.84 million, projected to 3.52M in four years.

The impact of China's ban on travel will be felt by a great many people.That's capitalism, no one has a right to remain open for business. Bad things happen to good companies all the time -- the miracle of creative destruction, amirite?

[DMC]

This has all the indicators of a full blown global recession and not just a "correction". The bull market is done. It's been an amazing ride and I've enjoyed it so much but it's over.

You don't need a bull market to make money.

[DMC]

https://www.statista.com/statistics/214813/number-of-visitors-to-the-us-from-china/

The number of Chinese visitors to the US at the start of the financial crisis in 2008: 450k

In 2019: 2.84 million, projected to 3.52M in four years.

The impact of China's ban on travel will be felt by a great many people.

Great thing imo

[DMC]

Poor people stay poor because they don't have access to credit and capital, you silly man. Also, because it's more expensive to be poor, in a lot of ways.

The best predictor of upward mobility in the US remains inherited wealth.

So no poor people ever make it out of poverty because they don't have access to credit and capital. So poor people stay poor because they are poor.

Genius

More expensive to be poor must mean it's harder thus more honorable an achievement.

Your bumper sticker logic is tiring.

[Winehole23]

So no poor people ever make it out of poverty because they don't have access to credit and capital. So poor people stay poor because they are poor.

Genius

More expensive to be poor must mean it's harder thus more honorable an achievement.

Your bumper sticker logic is tiring.Yours failed at inception: you blamed it on attitude and not investing.

[hater]

downfutures looking on the ups. probably because of all the bailouts promised :lmao

gonna be a decent day tomorrow save a lot more infections. they will probably do little testing next few days to improve the market a bit :lmao

called it

[Mitch]

called it

Don't worry hater, it'll probably have a bad day when big oil hits a credit issue and you can spam some laughing emojis and "call it" again :lol

[DarrinS]

If you call both heads and tails, you'll call it 100% of the time.

[hater]

If you call both heads and tails, you'll call it 100% of the time.

Ive called everyday correctly since thread inception tbqh

100%

[hater]

Don't worry hater, it'll probably have a bad day when big oil hits a credit issue and you can spam some laughing emojis and "call it" again :lol

I will call it when I see it ma niga

dont u worry about it :tu

[Mitch]

I will call it when I see it ma niga

dont u worry about it :tu

Given you have no real platform to make bad calls, I don't mind. Just giving casual banter :lol

[hater]

Given you have no real platform to make bad calls, I don't mind. Just giving casual banter :lol

Ive made bad calls. Super Tuesday for example. I was way off

sure Buttman and Klobocop pulled a fast one. but I was dead wrong l. I should have seen it coming

[Mitch]

Ive made bad calls. Super Tuesday for example. I was way off

sure Buttman and Klobocop pulled a fast one. but I was dead wrong l. I should have seen it coming

You make blatantly obvious calls like the stocks will take a hit during a pandemic. Make a real call, like call the next big bank to go under or what's the first sector that'll make a stable rebound.

Anybody can guess a 2k loss will lead to a 1k rebound :lol

[hater]

You make blatantly obvious calls like the stocks will take a hit during a pandemic. Make a real call, like call the next big bank to go under or what's the first sector that'll make a stable rebound.

Anybody can guess a 2k loss will lead to a 1k rebound :lol

I called Trump win on Feb 2016

Called coronavirus mutation and infection on Jan 2020

its ok you dont have to acknowledge ma jiga

I will keep calling them tho. no stopping me

[ChumpDumper]

I called Trump win on Feb 2016:lol you called a Clinton win in Oct 2016

[hater]

:lol you called a Clinton win in Oct 2016

^ #stillwithher :cry

[ChumpDumper]

^ #stillwithher :cry:lol you sure were with her in Oct 2016

[Mitch]

I called Trump win on Feb 2016

Called coronavirus mutation and infection on Jan 2020

its ok you dont have to acknowledge ma jiga

I will keep calling them tho. no stopping me

Flip of the coin and buying into a panic headline.

But keep trying :lol

[hater]

Flip of the coin and buying into a panic headline.

But keep trying :lol

and you will keep relying on my calls ma nig

tomorrows call: not a good day at all another loss for the stock market

[Mitch]

and you will keep relying on my calls ma nig

tomorrows call: not a good day at all another loss for the stock market

Well you guessed it would be a decent day, so if you guess the opposite you'll be right no matter :lmao

But I get you look at dow futures so w/e

[hater]

Well you guessed it would be a decent day, so if you guess the opposite you'll be right no matter :lmao

But I get you look at dow futures so w/e

decent for today. it was decent

didnt look at futures for tomorrow just calling a bad day thats all

[hater]

and you will keep relying on my calls ma nig

tomorrows call: not a good day at all another loss for the stock market

called it

[pgardn]

Hater

Have the Chinese Battleships left Syria yet?

You think the guy is bad on economics, viruses; his calling foreign affairs is the worst.
No gas hater.

But he is fun and a great source to put up shit to be debunked.

[pgardn]

Robert Redfield, director of the Centers for Disease Control and Prevention, said Tuesday he was unaware of any indication from his agency that physical barriers along America’s borders would help halt the spread of the coronavirus in the U.S. — contradicting an assertion President Donald Trump made earlier in the day.


Shit like the above is sure to stabilize markets, vote orange.

[Spurs Homer]

1300 down

another hour and some change to go...

[hater]

well I was wrong. this is a fucking massacre

[Spurs Homer]

well I was wrong. this is a fucking massacre


20 minutes left...

time for a faux rally!

[clambake]

closing bell is my new favorite sound

[Splits]

Next shoe to drop is March Madness being played in empty arenas, that will knock another 10% off the Dow

[Splits]

Next shoe to drop is March Madness being played in empty arenas, that will knock another 10% off the Dow

https://www.espn.com/mens-college-basketball/story/_/id/28885422/ncaa-says-tournament-go-fans

hater (https://www.spurstalk.com/forums/member.php?u=7609)

called it..... 20 minutes before

[hater]

https://www.espn.com/mens-college-basketball/story/_/id/28885422/ncaa-says-tournament-go-fans

hater (https://www.spurstalk.com/forums/member.php?u=7609)

called it..... 20 minutes before

:tu you called it

respect

[Splits]

1237888163562967042

oh boy....

[DC23]

Futures down 4.5%. I could see a 10% drop tomorrow.

[hater]

yeah Im not gonna bother to call tomorrow tbqh :lmao

[DMC]

Yours failed at inception: you blamed it on attitude and not investing.

Well attitude is what leads to investing or not.

Regardless, I didnt mention attitude.

"How is it over?

That kind of mentality is why poor people stay poor. You guys don't seem to know how to seize on opportunity. Just sit around and wring your fucking hands all the time."

[baseline bum]

Looks like another 15 minute trading bar got tripped off.

[baseline bum]

Wonder if the dow breaks 20,000 today

[hater]

I called te market would be < 23k by end of the week

called it :tu

[Th'Pusher]

Sad to see Obama’s bull market strangled in its tracks by trump.

[picnroll]

Wonder if the dow breaks 20,000 today
Can only drop 20% before full day circuit breaker. Pensioners may be better off with the virus than their pensions at this point.

[Will Hunting]

Just wait until we get the first coronavirus jobs report. A jobs report showing negative job growth will drop the DOW below 20k if it’s not already there.

[baseline bum]

Dow tanks on opening, circuit breaker trips, 15 minute halt on trading, dow immediately starts tanking again once trading reopens. WWIX confirmed.

[Splits]

https://pbs.twimg.com/media/ES6fwKPWsAARwfi?format=jpg&name=large

[baseline bum]

Can only drop 20% before full day circuit breaker. Pensioners may be better off with the virus than their pensions at this point.

Which would happen at 18,826.58 today

[Spurs Homer]

are we winning that tariff war yet?

winning?

[baseline bum]

How fucking low is this going to drop when we're Italy in 3 weeks? We're in the earliest days of this crisis and shit's nowhere close to as bad as it's going to be. Hell Italy is in the early days and they're in complete chaos.

[picnroll]

Which would happen at 18,826.58 today

Trump strokes out level.

[Will Hunting]

How fucking low is this going to drop when we're Italy in 3 weeks? We're in the earliest days of this crisis and shit's nowhere close to as bad as it's going to be. Hell Italy is in the early days and they're in complete chaos.
Hey look on the bright side, this was the only way Trump is losing to Biden.

On the other hand, Bernie looks a lot more electable and likeable in a scenario where millions of people are dealing with an economy in chaos and private insurance companies gouging the shit out of them on coronavirus treatment.

[boutons_deux]

How fucking low is this going to drop when we're Italy in 3 weeks? We're in the earliest days of this crisis and shit's nowhere close to as bad as it's going to be. Hell Italy is in the early days and they're in complete chaos.

I saw epidemiologists saying USA will mimic Italy with a lag of 2, 3 weeks max.

The jump from 200 to 10,000 in Italy needed a 2,3 weeks.

"social distancing" is the only throttle of the spread.

[Winehole23]

Well attitude is what leads to investing or not.

Regardless, I didnt mention attitude.

"How is it over?

That kind of mentality is why poor people stay poor. You guys don't seem to know how to seize on opportunity. Just sit around and wring your fucking hands all the time."

Not sure how you can tell what other posters are or aren't doing, but your whining comes through loud and clear.

[hater]

blood on the streets tbqh :(

[hater]

for those w 401k too late to bail

50% retirement loss hurts tbqh :(

this making 2008 look like a golden age :lmao

[baseline bum]

So how long until we're below 10,000? Or does the market slide slow once we all accept that half a million Americans will be killed off?

[Will Hunting]

So how long until we're below 10,000?
It is pretty scary that we have a president who’s this incapable of calming the market down and he’s surrounded himself with retards who are equally incompetent. Even GWB managed to keep enough smart people in the room to stop the bleeding in 2008. After Trump’s speech you get the feeling there’s no bottom to this.

Before any Trumptards flips out at that, the market itself is clearly worried there’s no bottom to this.

[Thread]

for those w 401k too late to bail

50% retirement loss hurts tbqh :(

this making 2008 look like a golden age :lmao

FDIC

[Thread]

It is pretty scary that we have a president who’s this incapable of calming the market down and he’s surrounded himself with retards who are equally incompetent. Even GWB managed to keep enough smart people in the room to stop the bleeding in 2008. After Trump’s speech you get the feeling there’s no bottom to this.

Before any Trumptards flips out at that, the market itself is clearly worried there’s no bottom to this.

...There ain't none. This-will-not-stop.

[Winehole23]

Hilarious if true

1238097379368357889

[clambake]

trump is king of no confidence.

[hater]

trump is king of no confidence.

Markets giving Trump an F-

[boutons_deux]

Reverse Midas, Trash touches something, it turns to shit

[hater]

:wow :wow holy shit!!!!

Fed promised to pump 1 trillion dollars. Market recovered for a few minutes


then dropping 8+ %!!!!!!


holy fuck


looks like anything Fed does just makes it worse

[Trill Clinton]

1238147715978203136

$500B in socialism dollars just like that

https://www.thecoli.com/media/bischoff-wow.2871/full

[hater]

1238147715978203136

$500B in socialism dollars just like that

https://www.thecoli.com/media/bischoff-wow.2871/full

its crashing back down

Fed just shooting at everything like a madman :wow

holy shit

[hater]

https://twitter.com/expatdemocrat/status/1238158044434960384?s=21

[hater]

Patient is unresponsive. time to turn off ventilator

[hater]

https://twitter.com/goldendomer622/status/1238158985028669442?s=21

[hater]

shes dead Jim

[hater]

shithole country SMH. why the fuck do I live here

https://twitter.com/themicmichael/status/1238160004932304896?s=21

[hater]

https://twitter.com/skaetlett/status/1238160911434756096?s=21

[Winehole23]

https://twitter.com/skaetlett/status/1238160911434756096?s=21Sorry, we can't afford that

[hater]

Called it. I said Stock Market was a scam

called it :tu

https://twitter.com/deepfriedballer/status/1238161736751964160?s=21

[DMC]

1238147715978203136

$500B in socialism dollars just like that

https://www.thecoli.com/media/bischoff-wow.2871/full
:lol not understanding socialism

[DMC]

Called it. I said Stock Market was a scam

called it :tu

https://twitter.com/deepfriedballer/status/1238161736751964160?s=21

Crashed F35.
Chop chop...

[Will Hunting]

:lol not understanding socialism
Maybe it’s not socialism but it’s certainly not true free market capitalism.

[Will Hunting]

:lol gains from the feds announcement quickly wiped out

[hater]

:lmao The Fed

:lmao a bunch of clueless jackasses with a dollar bill printer :lol


lets just go ahead and print a gazillion dollars! :lmao

[Winehole23]

Maybe it’s not socialism but it’s certainly not true free market capitalism.Socialism is a loose term of art when Democrats and their policies are being discussed, but DMC gets all academic when Republicans are throwing a trillion dollars at big business and banks.

[hater]

if is not socialism then its actually a lot worse :lmao

fucking corruption at the core

[baseline bum]

https://twitter.com/expatdemocrat/status/1238158044434960384?s=21

As Chomsky has always said, nanny state and gold plated socialism for the banks, tough love and market discipline for all of us.