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Dow futures down more than 700
Major fears of virus economic impact
CannabisLooking for another buying opportunity personally.
Dow futures down more than 700
Major fears of virus economic impact
Looking for another buying opportunity personally.[/
Me too. I’ll bite at 3050.
Cannabis stocks have been dropping like a rock for a few months after the huge run up they had last year.Cannabis
Cannabis stocks have been dropping like a rock for a few months after the huge run up they had last year.
stock market is way overvalued right now with a pretty extreme run up the last few years. this is a course correction that everybody knew was coming, just waiting for the catalyst and appears to be coming early as I thought it would fall in line with something happening during the election this year. in the long run, might be a good thing for the USA as if China gets hit pretty hard it will allow for some opportunity to arise elsewhere.
That isn't true when we consider interest rates. The 30 year bond is at a record 1.8% low -- even below the target inflation rate. That is crazy.
People tend to view stock valuations against historical norms for P/E ratios, but we are far from historical norms with interest rates. Further, public debt is such that interest rates cannot be raised appreciably. It will get worse as the government prints more to prop up the economy.
We might have a major correction with this pandemic, but when that plays out I would expect to be at new highs again provided we don't panic and turn to a socialist government in the forthcoming elections. That would be the real stock crusher longer term.
yeah it would suck to tax 4 people and fix three quarters of our problems in the country.
yeah it would suck to tax 4 people and fix three quarters of our problems in the country. Take it to the test board, boomer
yeah it would suck to tax 4 people and fix three quarters of our problems in the country. Take it to the test board, boomer
I prefer brass and lead for my precious metals.Every cloud has a SILVER lining and GOLDen opportunity.
You got the full effect from this one too. Guy sees politics in his breakfast cereal.'boomer' is the dumbest pejorative I've heard in a while.
PIONEER AVIATION PIONEER AVIATION!
China's version of their CDC better get cracking. This virus could do more to destroy China's power than anything the West could deliver.
https://www.msn.com/en-us/money/com...apse-if-banks-dont-act/ar-BB10hAyF?li=BBnbfcN
Pretty bold assuming the west *didn't* insert the virus.This virus could do more to destroy China's power than anything the West could deliver.
There are two massive bio labs in Wuhan. I think most of us know where the virus escaped from. Its origins are in Canada according to some.Pretty bold assuming the west *didn't* insert the virus.
(adjusts tinfoil hat)
This is not the time to have money at risk that you're going to need the next 3 years and maybe the next 5 years. But really, that should be the rule in general regardless of diseases.
Personally the years with Henry and Trapper MASH is the best comedy ever on TV.one of my all time favorites
Good lord, is your mom my grandmother? Sounds exactly like her... if so, hi dad....There is a lot of stupidity to go around. For the record, I support the policies of neither political party. In my view both are wrong, very wrong, but in vastly different ways.
To give you an example of the level of ignorance that is now pervasive in our society, during 2018 my mother, who lives on SS and mutual fund shares, was cursing the POTUS for the drop in value of those shares (as interest rates were increased). She is a lifelong member of the opposing party. Obviously she has no knowledge of the role of central bankers. If she did know how things really worked she would have been damning the Fed for not doing what the POTUS wanted. Instead the Fed merely secured her vote against the POTUS. Ironic.
Good lord, is your mom my grandmother? Sounds exactly like her... if so, hi dad....