Six Years of Service
Posts: 3
Threads: 0
Coronavirus And The Stock Market 03-11-2020, 08:24 PM
#11
The markets will be monitoring Asia region like a hawk, however the current Saudi-Russian oil spat has hindered a heck of lot of the airline & logistics distribution.
Italy appears to be the worst affected in Europe.
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Six Years of Service
Posts: 132
Threads: 2
RE: Coronavirus And The Stock Market 03-11-2020, 10:46 PM
#13
Well i have heard that i was officialy declared a Pandemic, but i don't know if we can trust in most news out there, just keep safe dudes
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Ten Years of Service
Posts: 171
Threads: 11
RE: Coronavirus And The Stock Market 03-11-2020, 11:56 PM
#14
It's definitely overblown by the media at the moment. Of course US elections are coming up and US media decides to panic around the same time the fed's non-existent pump money starts becoming ineffective. What happens? More panic, huge stock drops, "recession is here", etc. Who can save the US? Someone running for president... Realistically time. The fake money pumps were bound to catch up eventually. The market needs to correct itself and subsequently it's going to happen in a drastic way which won't end overnight.
Companies will go back in operation soon, but there will be prolonged wait times for items. Until then, we will continue seeing the market fall which puts everyone with investments in panic mode, causing a harsher fall. The economy will rebound in the summer, but we won't see any real turnaround until Fall/Winter. Oh, guess what happens in the US around that time? It won't be where it was in February making it seem like an overall loss.
My only advice is don't panic sell stocks because they will rebound. Buy option puts asap. It's not done declining for a couple months, so give it another month or so and buy stocks. Give it a year and you'll be sitting +200% at least.
Six Years of Service
Posts: 6
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RE: Coronavirus And The Stock Market 04-10-2020, 06:30 AM
#15
That is insane to think about it!!!
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Six Years of Service
Posts: 25
Threads: 0
RE: Coronavirus And The Stock Market 04-15-2020, 05:19 PM
#17
that's a big yikes, yes. Many people have talked about this. we need to worry more about this
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Six Years of Service
Posts: 26
Threads: 5
RE: Coronavirus And The Stock Market 07-09-2020, 04:35 AM
#18
It drives me crazy that in my neighborhood (southern USA), I am constantly seeing folks without masks. Large get-togethers are happening....ugh.
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Six Years of Service
Posts: 12
Threads: 0
RE: Coronavirus And The Stock Market 07-21-2020, 10:13 PM
#19
This dilemma really hinders the economy. No, wait, the coronavirus almost tipped it over and destroyed it
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