Markets Annihilated

I would expect the markets will bounce back much sooner as the underlying reasons for the dow drop are much different.

originally posted by: Bicent
a reply to: fringeofthefringe

Most folk work paycheck to paycheck in the states when economy takes a nose dive for awhile it’s bad news. I hear ya thou, the market will bounce back, it’s just the wait, but the treasuries are the problem at the moment. When the fed buys treasuries as a last resort, pay attention.

a reply to: EternalShadow

The markets have been annihilated ever since 1913

The "stock market" is just "federal sanctioned"
gambling on steroids.
I never understood how so many people put earnings, on the same level as "income".
But then I don't understand how earnings, (blood, time traded) ever made an "income".

Being that the S.C.O.T.U.S. has ruled that, "income, is profit and gain, not earnings" (time traded).

Nevermind, it's all a game/gamble. Any idiot that forks out money from their "paycheck" into a "401k" and thinks they will "profit" from it? Is an idiot.

I know. All the brokers and former payees, will get on here and bad mouth me, from their Caribbean retirement homes.

But you a holes are living on yesterdays money, betting that today can pay for it. The joker that sold you on the idea? His house is paid for already.

Most of you idiots were socialists before it was even cool. Sad fact is? You didn't even know it...

That is alright. My generation, will clean up, your patriot, flag waving, F.D.R. is the gteatest, "I stormed Normandy" mess....

Talk about "dropping the ball".

??
Care to be a little more vague?

originally posted by: JimERustler
a reply to: EternalShadow

The markets have been annihilated ever since 1913

originally posted by: EternalShadow
a reply to: face23785

Nice, meaningless deflection.

Is that all you got? Parroted cliches?

Geezus...

I'm having a hard time believing you're taking this exchange seriously. If you are, that's #ing scary.

originally posted by: murphy22
a reply to: EternalShadow
How is this any "President's" fault? Why bring a president into it?
I'm not sure of your angle.

Do we blame B.O. for not providing us a "safety net"? Because that's what I'm getting. All the pallets of U.S. $$$ that he, (B.O.) gave Iran, could sure come in handy about now?

What's your angle OP? If you got something? Spit it out! Otherwise you look like B. Clinton trying to explain how his sperm got on a dress.

You suppose someone in the future will try to clone from Clintons dress stain ? lol
Oh..... and naaaa, didn't watch the video. You know, reading comments give a sufficient re-cap, saving time...

a reply to: face23785

Likewise, although I'm not fearful of new ideas or others perspectives.

I either agree, or disagree.

Simple.

a reply to: face23785

A lot of big players in the markets were already planning on pushing for a bear market before the virus hit ... corporate greed was running rampant to the point where investors were having enough. The oil war, the virus are just the cherry on top.

originally posted by: Plotus

originally posted by: murphy22
a reply to: EternalShadow
How is this any "President's" fault? Why bring a president into it?
I'm not sure of your angle.

Do we blame B.O. for not providing us a "safety net"? Because that's what I'm getting. All the pallets of U.S. $$$ that he, (B.O.) gave Iran, could sure come in handy about now?

What's your angle OP? If you got something? Spit it out! Otherwise you look like B. Clinton trying to explain how his sperm got on a dress.

You suppose someone in the future will try to clone from Clintons dress stain ? lol
Oh..... and naaaa, didn't watch the video. You know, reading comments give a sufficient re-cap, saving time...

Yet watching the video and then commenting on said video is the WHOLE point of the OP.

Sigh...

Whatever man..smh

originally posted by: EternalShadow
a reply to: face23785

Likewise, although I'm not fearful of new ideas or others perspectives.

I either agree, or disagree.

Simple.

For someone who isn't fearful of others' perspectives, you sure got defensive when I suggested those "gurus" you listen to just constantly predict disasters so that every so many years they can say they were right--with no mention of all the times they were wrong.

If you really think that's expertise, well, more power to ya I guess.

Politico obtained documents that the President was briefed on this very scenario not 7 days into office.

It has been common knowledge for some time how the market has been hanging by Trump's tweets and his policy actions since he took office.

The President's do nothing approach on coronavirus, his trade wars, and his war on the fed has created this storm.

Yes, it is his fault. Like Trump said, Obama faced a similar scenario. What Trump doesn't mention, is that he managed much much better.

originally posted by: face23785

originally posted by: EternalShadow
a reply to: face23785

Likewise, although I'm not fearful of new ideas or others perspectives.

I either agree, or disagree.

Simple.

For someone who isn't fearful of others' perspectives, you sure got defensive when I suggested those "gurus" you listen to just constantly predict disasters so that every so many years they can say they were right--with no mention of all the times they were wrong.

If you really think that's expertise, well, more power to ya I guess.

You didn't even watch the video before you commented with the usual deflective, dismissive bs.

I'm fearful of fools, not perspectives.

originally posted by: face23785
Like everything else the Democrats have been trying, if they try to blame Trump for this, it's gonna backfire. Regular people are gonna be like "It's Trump's fault the economy tanked because of this virus? The same Trump who said we should bring our manufacturing back here? Sounds to me like he was right."

Go ahead, blame Trump. You're just gonna get him re-elected.

Well, Trump himself was never shy about taking full credit when the economy was booming. So it seems only fair he should hold true and take full responsibility, now that its not doing so well.

a reply to: Plotus
I replied to the OP. Are you the OP?

The "Dress stain" is a thing of the past. Much like history. You know? The, that "history" thing? That University charges you at least $20.000 a year, to indoctrinate you with?

"Saving time"? I have no doubt, you understand, "time management". But I doubt, you understand it in hours, or in minutes. Let alone seconds.

You probably got week, month and year,..zeroed in! You're probably average. Which ain't nothing to be ashamed of, nowadays.

a reply to: EternalShadow

It isn't all Trump's fault.

Congress does the budget. And the debt has been growing for a decade.

Where did everyone think the money to bail out the eventual crash, would come from?

No-one can afford that.

originally posted by: chr0naut
a reply to: EternalShadow

It isn't all Trump's fault.

Congress does the budget. And the debt has been growing for a decade.

Where did everyone think the money to bail out the eventual crash, would come from?

No-one can afford that.

I know it's not all his fault or any sitting President's fault, but they ARE complicit. To think otherwise, is moronic.

Where are all the discussions and votes for these bailouts, "injections" and repo operations???

Seems to me there's some kind of "hotline" set up where you just call for more debt and the FED gets to work!

a reply to: 3sixand9

"His war on the FED"? What "Fed"? What is a "Fed"? What war? War on the Federal government? Which he (Trump), is President of? He's waging war against his own interest? Or are you refering to the "federal reserve bank"? Which is not "federal" or a "reserve", and has nothing to do with the US. Government. But is actually a loan company? That "Fed"? Is that the "fed" you think pays attention to tweets?



I'm intrigued! Please, vomit your vast knowledge,
Regarding how Trump is offending the "fed" with tweets?

Nevermind Wilson and F.D.R created this problem? Forget the fact that every Democrats favorite Pres. J.F.K.? Was killed trying to get the U.S.A. of the nipple of the "fed"?

Please. Explain how "Trump tweets" are bad?

a reply to: EternalShadow

My sister just told me our state's board of dentistry has ordered all dental offices in the state to close for an undetermined period of time.

She won't be able to pay her staff nor her bills in no time at all. She doesn't see her practice surviving this...which means 16 families will lose half or all of their income, too.

Dow futures are up 800 at nine thirty. Who knows which way it will go tonight.

originally posted by: rickymouse
Dow futures are up 800 at nine thirty. Who knows which way it will go tonight.

Updated death rate estimates for the virus are lower than expected.