Getting ready to dump another 7k into ETFs. Just not sure whether to start today or wait until next week.Blood in the streets. Everyone panic selling. Getting close to time to buy.
I agreeThis is no 2008...
This is overblown. Fear and correction.
2008 was an implosion of the financial system.
I mean, I think it's a case of hating the game and not the player.
This is no 2008...
This is overblown. Fear and correction.
2008 was an implosion of the financial system.
This could theoretically be an implosion of the manufacturing system.This is no 2008...
This is overblown. Fear and correction.
2008 was an implosion of the financial system.
That would probably put me out of the job, so let's hope not.This could theoretically be an implosion of the manufacturing system.
its not going to rally on a friday afternoonYep definitely picking up bourbon on way home. Hoping bulls rally later, but not a good start.
My portfolio is down 15% since last Friday!
IIRC, it's largely because of the earnings report (it's losing money again).
We could get another 2008, though this is not what will cause it.This is no 2008...
This is overblown. Fear and correction.
2008 was an implosion of the financial system.
Makes sense. Those dollar pizzas about to be more appetizing in NYC than they already are.The 2008 recession was especially harsh on casual dining like Applebee's, Ruby Tuesday, Cheesecake Factory, etc. People stopped going out to eat. On the other hand, fast food chains thrived as people sought cheaper options.
i'm not sure if this is completely overblown, (the rapid drop is) but it was a catalyst for people to stop believing magical fairy dust will be continuously sprinkled on an artificially juiced market.We could get another 2008, though this is not what will cause it.
This will hurt though.
This is no 2008...
This is overblown. Fear and correction.
2008 was an implosion of the financial system.
However, I have to wonder if this entire thing is both industry and markets coming to the realization that an absolute push to lowest cost manufacturing that results in bottom-price supply changes that live in one country is not a sustainable path forward. Everyone having to better diversify outside China would be a drag on top-level profits.
Eh, whilst I'd argue that it won't cause as much lasting damage, if the coronavirus does end up killing hundreds of thousands of people like swine flu did, then the economy could similarly stop functioning properly for a while.This is no 2008...
This is overblown. Fear and correction.
2008 was an implosion of the financial system.
Eh, whilst I'd argue that it won't cause as much lasting damage, if the coronavirus does end up killing hundreds of thousands of people like swine flu did, then the economy could similarly stop functioning properly for a while.
It also doesn't help that some of the big tech stocks (i.e. Tesla) have glaring weaknesses to their business that become really obvious now that the hype's gone.
Was going to throw $500 into VOO but Vanguard's site seems to he getting hammered.
To be fair, swine flu (or normal flu, for that matter) didn't command the same amount of public fear that the coronavirus does now.the economy didn't stop functioning with swine flu though. The normal flu kills hundreds of thousands a year and the economy keeps trucking along.
I bought VOO on Robinhood yesterday without issue. Keeping an eye and might get some today if I can.Was going to throw $500 into VOO but Vanguard's site seems to he getting hammered.
the economy didn't stop functioning with swine flu though. The normal flu kills hundreds of thousands a year and the economy keeps trucking along.
This is no 2008...
This is overblown. Fear and correction.
2008 was an implosion of the financial system.
Or just make it a general investing threadThread title should probably be updated to something like Dow Jones sinking amid Coranavirus concerns or something.
Exactly, if we do hit a recession or mass quarantine event they are not going out of business.Uh is that the group specialising in private correction facilities
ZeroWhat are the odds we see trading halted today? Would need to drop 7% to hit the first barrier right?
Exactly, if we do hit a recession or mass quarantine event they are not going out of business.
That has literally nothing to do with this. This is a global sell-off on virus fears.Maybe some of Trump's disastrous trade policies are finally being felt? I know he bailed out big farming but thought manufacturing got hit hard.