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Here it comes! DJIA futures down 700+points (Original Post) mnhtnbb Feb 2020 OP
Ugly day ahead. Totally Tunsie Feb 2020 #1
What's worse than a market panic? Renew Deal Feb 2020 #2
I mean, I hope the correction FINALLY hits Cosmocat Feb 2020 #3
I'm betting the markets will "bounce back"... Girard442 Feb 2020 #4
The intervention/market support forces are formidable, the numbers and amounts empedocles Feb 2020 #7
After awhile it becomes Quantitative Flatulence /nt bucolic_frolic Feb 2020 #12
The Fed Sgent Feb 2020 #21
Now down 800+ points. mnhtnbb Feb 2020 #5
As of 6:46 a est, european stock indices down 3%+, china indices milder drops milder. empedocles Feb 2020 #8
Waiting for trump's blame campaign on the markets dropping duforsure Feb 2020 #6
Kick ck4829 Feb 2020 #9
Safe haven gold and silver with a nice bump up overnight blue-wave Feb 2020 #10
Everything is made in China bucolic_frolic Feb 2020 #11
If the US ever goes to war with China... LastDemocratInSC Feb 2020 #22
LOL ain't that the truth bucolic_frolic Feb 2020 #23
Buckle your seatbelts dailytroubadour Feb 2020 #13
To ants, a raindrop is the Great Flood bucolic_frolic Feb 2020 #24
Son lives in Hawaii mgardener Feb 2020 #14
Dow is due for a thirty percent correction superpatriotman Feb 2020 #15
30% or more. This environment, of the Wuhan virus whacking markets worldwide, empedocles Feb 2020 #20
Stocks have been at all time highs IronLionZion Feb 2020 #16
The Fed lowered interest rates gab13by13 Feb 2020 #17
DJIA Futures still down 753 Mike 03 Feb 2020 #18
813 now. 2naSalit Feb 2020 #19

Renew Deal

(81,801 posts)
2. What's worse than a market panic?
Mon Feb 24, 2020, 06:07 AM
Feb 2020

A health panic. What happens if people start hoarding food and supplies? Might be good for Costco stock.

Cosmocat

(14,543 posts)
3. I mean, I hope the correction FINALLY hits
Mon Feb 24, 2020, 06:59 AM
Feb 2020

But, we have seen huge drops like this and the market bounces back, they are desperately trying to keep is rolling till he gets reelected.

Girard442

(6,059 posts)
4. I'm betting the markets will "bounce back"...
Mon Feb 24, 2020, 07:03 AM
Feb 2020

...after the Fed signals that they'll dump as many $billions into the system as it takes to buoy it back up.

Not clear how long they can keep this working.

My foot was glued like lead to the floor.
That's all there is boys and there ain't no more.

empedocles

(15,751 posts)
7. The intervention/market support forces are formidable, the numbers and amounts
Mon Feb 24, 2020, 07:32 AM
Feb 2020

of potential sellers are gigantic.

Sgent

(5,857 posts)
21. The Fed
Mon Feb 24, 2020, 10:52 AM
Feb 2020

can definitely help, but a QE type situation injecting liquidity is not going to help. This is a supply side shock (see 70's) rather than a demand side shock (Great Recession).

empedocles

(15,751 posts)
8. As of 6:46 a est, european stock indices down 3%+, china indices milder drops milder.
Mon Feb 24, 2020, 07:49 AM
Feb 2020

The intervenors are prepared. This will take some time.

duforsure

(11,882 posts)
6. Waiting for trump's blame campaign on the markets dropping
Mon Feb 24, 2020, 07:13 AM
Feb 2020

But in the end people will realize his policies promoting more wealth for the wealthy has backfired now that his clams are exposed from not working, just like they didn't for W bush when he tried this. The markets will fall from his policies and his skyrocketing deficit, so expect him to blame all social programs , and anything going to the poor or middle class. He wants all health care reduced, all Medicare and Medicaid watered down, and he wants to do the same thing hurting Social Security with slick changes making it impossible to receive disability from Social Security, which we pay to have. His economy is only working for the wealthy as the rest of us face less health care options, and increasing prescription drug prices , and higher prices from his idiotic trade wars he started . Now trump wants more of our money to bribe the farmers too, to get their votes with, while driving the deficit much higher from his failing trade wars.He's done this in business many times causing his bankruptcy problems , over and over again, but now its with this county he's doing it.

bucolic_frolic

(42,665 posts)
11. Everything is made in China
Mon Feb 24, 2020, 08:09 AM
Feb 2020

If you need critical parts that require regular replacement, be best and head to the store.

LastDemocratInSC

(3,625 posts)
22. If the US ever goes to war with China...
Mon Feb 24, 2020, 11:04 AM
Feb 2020

We would need to ask for a 6 month delay in the start of hostilities so THEY can make enough military uniforms for our soldiers.

dailytroubadour

(41 posts)
13. Buckle your seatbelts
Mon Feb 24, 2020, 08:17 AM
Feb 2020

It's gonna be a wild ride.

Wondering whether, in addition to the coronavirus panic, big finance is getting spooked by Bernie's surge.
Warning shot?

bucolic_frolic

(42,665 posts)
24. To ants, a raindrop is the Great Flood
Mon Feb 24, 2020, 11:23 AM
Feb 2020

so I really doubt Wall Street is paying any attention. They know it's not possible, and the only real concern they have is Warren's re-regulation if a Democratic candidate wins in November.

mgardener

(1,799 posts)
14. Son lives in Hawaii
Mon Feb 24, 2020, 08:23 AM
Feb 2020

Hours already cut due to the tourist industry taking a hit.
Lots of Japanese and Chinese tourists there.

empedocles

(15,751 posts)
20. 30% or more. This environment, of the Wuhan virus whacking markets worldwide,
Mon Feb 24, 2020, 10:15 AM
Feb 2020

of trump's manipulated market highs, - 30% is a more normal times 'correction'.

An important key is 50%.

Interventions, will be more aggressive and rampant. It will take time to play out. 1929 took over 2 years of decline becore bottoming out [in the 90% decline range].

gab13by13

(20,864 posts)
17. The Fed lowered interest rates
Mon Feb 24, 2020, 08:55 AM
Feb 2020

during a good economy that artificially stimulated the economy.
The Fed has bought I think 2 trillion worth of US Treasury bonds. There has to come a point when the Fed has no more bullets to fire, deflation would be really bad.

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