Dow futures drop nearly 700 points as coronavirus spread stirs fears of global economic impact

Discussion in 'Coronavirus (COVID-19) News' started by HumbledPi, Feb 24, 2020.

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  1. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Show evidence for it.
     
  2. Paul7

    Paul7 Well-Known Member

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    Agreed, you don't understand real estate investing, so probably not good for you.

    Isn't that what you're doing with your tiaa?

    Wow, you're equating real estate investing with a pyramid scheme? Syndication has been around for centuries. Technology simply allows sponsors and investors to more easily connect.

    You can do the same with a real estate portfolio and still get 15%+.
     
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  3. fmw

    fmw Well-Known Member

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    Go find it yourself.
     
  4. fmw

    fmw Well-Known Member

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    I think you are wrong. But I'm too lazy to look it up.
     
  5. truth and justice

    truth and justice Well-Known Member

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    In other words, you looked it up, saw that you were wrong, but can't admit it
     
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  6. fmw

    fmw Well-Known Member

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    No, I heard the information on FBN. I didn't get it from the internet.
     
  7. Thought Criminal

    Thought Criminal Well-Known Member Donor

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    I've been raising cash (selling my Wilshire 5000 fund), a little at a time, since late December. While I still haven't increased my cash level to where I want it to be, I stopped selling last week; after the big drop. If the S&P 500 drops below 3000, I'm going to start buying back; a little at a time.
     
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  8. TheGreatSatan

    TheGreatSatan Banned

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    American Democrats/neo-commies would totally help the Chinese Democrats/neo-commies spread the Coronavirus.

    Beware in blue areas.

    Democrats have a lot to gain from spreading the Coronavirus. They want to hurt America and punish Americans for electing trump. So do the Chinese Democrats/neo-commies.
     
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  9. Pollycy

    Pollycy Well-Known Member

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    Right now, cash is KING! The virus will eventually either subside or they'll find some kind of short-term weapon to use against it until (or if) some kind of immunization is available -- but not for at least another 18 months.

    At this rate, in about a month we'll start to see one of two things -- maybe both... HUGE discounts offered by desperate retailers who need to raise CASH to meet obligations while they off-load inventories, and, big supply shortages of things that have already sold out, and can't be replenished because of supply-line disruptions. Obviously, neither of these things is good for American businesses....

    The smart thing? Difficult to say, because you can bet everything you own that the Federal Reserve combine is going to cut interest rates -- again -- the next chance they get, and may cut interest rates all the way back to ZERO before the November election (like Trump wants so much), while at the same time, 'printing' even more imaginary money and flooding the world with it, to supply 'liquidity' to markets that live on CREDIT instead of real WORTH and VALUE. Personal debt loads, which are already at record-high levels will continue to spiral up out of reason....

    The Fed already started doing their "cut-and-print" routine again last September because of the so-called "repo-market crisis", and now because of the disease pandemic, they'll just go ahead and admit that the next move will be an official QUANTITATIVE EASING IV.... The net-net? I'm a hell of a lot more worried about the continuing damage that these stinking internationalist central banks can do than anything related to a 'Corona virus'....
     
    Last edited: Feb 27, 2020
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  10. TheGreatSatan

    TheGreatSatan Banned

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    Best advice...

    If you have to goto a hospital, do everything you can to avoid going to one in a blue city or state. The drive will be worth it, trust me. Don't go places where people are invested in spreading the virus for political gain.
     
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  11. Pollycy

    Pollycy Well-Known Member

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    My best advice would be to stay at HOME as much as possible and avoid contact with large numbers of people everywhere -- at sporting events, on airplanes, at 'fitness clubs', in movie theaters, big shopping malls, big restaurants, etc. Spray all incoming mail and the exteriors of packages with something like Lysol, or, use one of these antibiotic tissues. Forget about the 'surgical masks' -- those alone won't protect you from anything... hint: viruses can easily get into your body through your EYES. :eyepopping:

    Lay in a supply of bleach and hydrogen peroxide and USE the stuff to keep your own home as clean as possible.
     
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  12. Market Junkie

    Market Junkie Banned

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    Welcome to your official 2020 U.S. stock market correction

    Let's just call it the Coronacorrection

    Could it morph into a dreaded Coronabear market in the coming days or weeks?

    Anybody's guess at this point

    Enjoy...
     
  13. LiveUninhibited

    LiveUninhibited Well-Known Member

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    This is ridiculous. Healthcare workers are more afraid of losing their jobs and killing people than they would benefit from the chance Trump might get hurt by the virus spreading and killing millions. People go into healthcare mostly to help people, and those who do it for money (fools) worked damned hard to get there and wouldn't jeopardize it like that. We furthermore have a lot of oversight over each other and do not know for sure the political leanings of most others around us (it's considered unprofessional to talk about it, generally).

    The mood here is mild fear. They are tightening down on rules like no food near lab areas, reminding us we'll get fired if we access a record without a work purpose, and making extra masks available.
     
    Last edited: Feb 27, 2020
  14. FlamingLib

    FlamingLib Well-Known Member

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    Not to toot my own own, but a few people have called my predictive skills into question! How dare they. Well, I got that one right ^^
     
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  15. struth

    struth Well-Known Member

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    Are you serious about this? Sorry China is a little more important to the economy then Liberia....

    As far as the Dow in 2009...the swine flu had little impact because the economy was already in the tank....UE rose to double digits before the year was out
     
  16. Thought Criminal

    Thought Criminal Well-Known Member Donor

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    I didn't take that post that way. I assumed that the poster was referring to the general public.

    Do you remember when AIDS infected people were purposely spreading that disease?
     
    Last edited: Feb 27, 2020
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  17. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Biggest 1-Day Point Drop in History.

    Ol' Bonespurs "Economy" is really Gittin' r Done...

    After falling sharply all week, the Dow Jones Industrial Average tumbled 1,190.95 points to close at 25,766.64 — its worst one-day point drop in history.

    It has lost about 3,500 Points in 4-Days.

    How About Them 401ks?

    [​IMG]
     
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  18. 61falcon

    61falcon Well-Known Member

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    Let me ask all of you economics experts what percentage of companies, who's stocks are traded daily on our stock market, are DEBT FREE and actually making a profit on a regular basis???
     
  19. struth

    struth Well-Known Member

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    Hopefully none are complete debt free. That’s silly...there is this thing called leveraging...companies should all be doing it
     
  20. truth and justice

    truth and justice Well-Known Member

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    Your reading comprehension is terrible that is if you even bothered to read the post I responded to which is highly unlikely. I'm not the one who said that the index drops after every viral epidemic but there you come in your haste to defend Trump at all costs you no matter how foolish you look. Your fawning over Trump is embarrassing
     
  21. struth

    struth Well-Known Member

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    Where did i mention Trump in my post? Sounds like you have some sort of fetish with trump.
     
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  22. jay runner

    jay runner Banned

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    For large corporations a debt to equity ratio of 2 is acceptable. But you want to read the stock analysts assigned to put ratings on each particular company to see if the debt is the result of previous poor performance and is just a try at hanging on, or if the debt is being used to fund growth and future profit increase. The analysts tend to be diplomatic so you got to read between the lines.
     
  23. truth and justice

    truth and justice Well-Known Member

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    After day 1 fall many Trump boys were posting that it was a good time to buy. When asked why, they went silent. After day 2 fall many Trump boys were posting that it was a good time to buy. When asked why, they went silent. They were just sheep
     
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  24. struth

    struth Well-Known Member

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    Because it’s cheaper. The dip is only because of concerns about the virus, it will bounce back. That’s why it’s a great time to buy
     
  25. TheGreatSatan

    TheGreatSatan Banned

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    Democrats/neo-commies literally hide hurricane relief from hurricane victims to blame trump. They even have stories written and put out during the crisis to feed their narrative.

    I wouldn't expect a Democrat/neo-communist to provide a cure if it helped trump.

    I would expect them to spread the virus and stir panic to hurt trump.

    Notice how Democrats/neo-communist give the Democrats/neo-commies who hid hurricane relief a total pass. They all believe it was just 1 underling involved and he was fired...

    The average type 2 Democrats you shouldn't take seriously. They are what stalin would call "useful...". The type 1 Democrats/neo-communist are violent fascist. Wear a maga hat and you will find them. They would gladly spread a virus just as they would hide hurricane relief.
     
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