The Coronavirus thread
Poll
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2 votes (13.33%) | |||
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1 vote (6.66%) | |||
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4 votes (26.66%) | |||
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1 vote (6.66%) | |||
1 vote (6.66%) |
15 members have voted
February 28th, 2020 at 6:51:07 AM permalink | |
RonC Member since: Nov 7, 2012 Threads: 8 Posts: 2510 |
I think that the market is pricing in more than the Corona virus and that it has very little to do with Pence. In addition to the virus, which is an important factor, the market could well be starting to price in the possibility of a Sanders presidency. He has taken a nice lead in the national polling and his chances of winning the nomination, and the general election, have gotten better. I am not saying that Pence cannot become an issue, but it remains to be seen how he does on the issue. |
February 28th, 2020 at 7:21:08 AM permalink | |
odiousgambit Member since: Oct 28, 2012 Threads: 154 Posts: 5116 | deleting something that was more hijacking, I'm getting caught up too I'm Still Standing, Yeah, Yeah, Yeah [it's an old guy chant for me] |
February 28th, 2020 at 7:23:58 AM permalink | |
kenarman Member since: Oct 24, 2012 Threads: 14 Posts: 4530 | The market is reacting to the virus because major factories have been shut down in China. The parts from these factories that are used by companies world wide including major companies like Apple in the US who are having their manufacturing disrupted or about to be. Hopefully the reports of some of these major Chinese suppliers going back to work on Sunday are true. "but if you make yourselves sheep, the wolves will eat you." Benjamin Franklin |
February 28th, 2020 at 7:26:31 AM permalink | |
ams288 Member since: Apr 21, 2016 Threads: 29 Posts: 12550 |
This is funny. Righties won’t blame the crash on Donny’s incompetence, but have no problem trying to blame it on... Bernie. “A straight man will not go for kids.” - AZDuffman |
February 28th, 2020 at 7:32:22 AM permalink | |
RonC Member since: Nov 7, 2012 Threads: 8 Posts: 2510 |
Aren't we always triggered.... Of course his reaction and leadership will be factored into the market's reaction. I don't think "incompetence" is even an issue at this point as anything other than a political talking point today. It could be as the crisis moves forward. |
February 28th, 2020 at 7:59:10 AM permalink | |
RonC Member since: Nov 7, 2012 Threads: 8 Posts: 2510 | Just got an email from Donald J Trump....it said that "time is running out"... This thing is out of control...oh, wait...just a fundraising thing... The Dems have been hitting me via text message. Neither of them have gotten a penny this year and both got a little last year. Darn little. |
February 28th, 2020 at 8:05:32 AM permalink | |
terapined Member since: Aug 6, 2014 Threads: 73 Posts: 11821 |
We knew that was happenning last week. The new news is a guy that believes more in the make believe fantasy of god then the reality of science is now the virus Czar Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World" |
February 28th, 2020 at 10:09:59 AM permalink | |
reno Member since: Oct 24, 2012 Threads: 58 Posts: 1384 | I can understand why stocks & oil would fall as Wall Street reacts to coronavirus. But why is gold also falling? I thought investors flocked to gold during bear markets. |
February 28th, 2020 at 10:40:08 AM permalink | |
AZDuffman Member since: Oct 24, 2012 Threads: 135 Posts: 18222 |
No they flock to gold during unrest and distress. Coronavirus is neither and will pass by spring no big deal. The President is a fink. |
February 28th, 2020 at 10:42:35 AM permalink | |
Evenbob Member since: Oct 24, 2012 Threads: 146 Posts: 25013 |
Everything was over priced and they were itching for an excuse to sell. It was burning a hole in their pocket, as my dad used to say. If you take a risk, you may lose. If you never take a risk, you will always lose. |