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In reply to the discussion: No "dead cat bounce" [View all]

Squinch

(58,955 posts)
3. There's going to be a domino effect. Earnings are going to tank from the lack of buying and
Thu Feb 27, 2020, 10:02 AM
Feb 2020

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.

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