No "dead cat bounce"

[PCIntern]

This is just a tank.

I traded for years online...this is a problem. No sugar coating. There is a bottom somewhere but I don’t see it.

[Liberal In Texas]

1. According to the Deadbeat Donnie, it's Democrats partially causing it.

When it goes up, it's him. Down somebody else, preferably an enemy.

Some bargain hunting yesterday that didn't last long, so I suppose that isn't going to happen today.

[berni_mccoy]

2. Agree. The world was already on the brink of a global recession

This will be a recession and a big one.

[Wounded Bear]

4. They've been fighting off the Trump Slump for months and months...

the Trump Tax Cuts kept some air in the bubble for a while, but reality has a way of catching up with you.

[Cosmocat]

6. YEP

The market was wildly over priced, there was an initial YAH WE HIRED A RUSSIAN ASSET JACKASS sugar high, then the tax scam kept it going ...

[Squinch]

3. There's going to be a domino effect. Earnings are going to tank from the lack of buying and

engaging in public entertainment, etc, then stocks will fall farther.

Then we get the layoffs.

And this market has been artificially buttressed since trump came to office. Interest rates are at zero, the Fed is feeding the market billions to maintain overnight liquidity. There are very few measures available to counteract what is coming.

If a Democrat was in office, I'd guess we'd print money to keep people afloat and keep employment numbers from tanking. But this crew probably wants that.

Filthy Donnie is incredibly lucky. The best we can hope for is that his luck holds and this IS a virus that diminishes in warm weather.

[GusBob]

5. Wall Street is full of greedy crooks

Trumps fat cat, tax cut buddies will lie cheat and steal their way out of this

[central scrutinizer]

7. I'm so glad I pulled out of the market a couple years ago

I calculated that I had enough in my IRA along with my pension (thank you, union) and social security that I could live, albeit frugally, so I put it into a fixed return account. Only a 2.2% return but zero risk.

[ChazInAz]

8. I saw this coming.

In December, I pulled my entire retirement account off the market.
Dodged this bullet.

[PCIntern]

9. Good thinking.

I felt the same way. Bubble had to burst

I’m from the “sell half and be mad”.

You’re gonna be mad anyway so reduce the risk.

[AGeddy]

10. This week is starting to feel an awful lot like September of 2008.

[PCIntern]

11. Wait til everyone stews over the weekend and decides to sell Monday at the bell.

There’ll be some bargain hunters and then it’ll continue down.

[awesomerwb1]

12. Hope you're wrong

But I have a feeling we're close to bottom and a small rebound will happen shortly. Percentage wise it's not a "the end is near" situation imho.

[edhopper]

13. We have hit a 10% fall in the Dow.

There is just too much uncertainty about the Coronavirus for it to bounce back.

[OliverQ]

14. Is this more likely to trigger a recession?

The stock market collapse in 1929 triggered the Great Depression.