That reminds me, I need toilet paper.
I wonder if the nearby store is open.
Me too, I was going to do the last 30 but at this point I am very depressed at a better than 50% chance we start to see major issues relative to 2008-2009.
As long as employment holds we'll get through this.
But if these fucking corporations start that ball rolling again they should be strung up and flogged. Especially after all the socialist handouts, tax cuts, taxpayer money they have got over the last decade or two they should bite the bullet and have to dip into their TRILLION DOLLAR reserves to complement the actions taken by the Fed.
its bullshit they get to just sit idle and make things worse.
Buh Byeeeeeeeeeeee !!
I think I'm going to win my bet...below 21k here we come.
@Breccia
I sware I picked the wrong week...…
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maybe not today, but soon?
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want to know a secret.....home depot....sells toilet paper.....
everywhere is almost all but sold out except for 9.00 rolls....but home depot...had tons. not so cheap tons but tons. maybe even lowes?
did not even know they sold it till I went there for something else
Buh Byeeeeeeeeeeee !!
damn so freaking close tho….
those last few minutes holy shit. the most I've seen activity move in the last week in the last 5 minutes
DJIA 21,159.80 -2,393.42 (-10.16%) 04:01
INX 2,476.74 -264.64 (-9.65%) 04:02
NDX 7,252.06 -754.06 (-9.42%) 04:02
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well the real problem back then was that the ratios and risk were set on AAA ratings when the loans and mortgages were BBB or lower...which is bad....and needs much higher reserves and risk insurance.
that is how the money dried up and the need for the fed to pump trillions in
Buh Byeeeeeeeeeeee !!
Seriously? The DOW closed at -9.99%
Couldn't even push it to -10?? My OCD is killing me.
flip it on craigslist for 10x 20x....better bet than the stock market right now
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lol its already down to -10.31 including 6 minutes aftermarket
oops wrong index
DJIA
21,084.10
-2,469.12 (-10.48%) 04:18:18 PM EDT MI Indication*
ADD
hope that helps
Last edited by Zan15; 2020-03-12 at 08:18 PM.
Buh Byeeeeeeeeeeee !!
I mean our bank works hand in hand with Goldman Sachs so its not surprising but we do have some fair differences regarding supply chain issues and some of the more central to Australia issues. I tend to look at issues more central to my own department which is retirement allocation but i have worked in industrial investments and future guidance with shipping corporations like Maersk, this kind of explains my globalist like mindset obviously.
Today we were told to speak toward clients in a inflationary measurement as still being positive ( L O FUCKING L ) but its our job to not sell panic and try to ease the minds of those who work with us but overall. Another important aspect to look upon is if we will see some form of Debt cancellation or jubilee to avoid more problems in the over leveraged corporations ( i know this is my big worry since no one really talks about it ) which could compound issues.
Either that, or jettison their commercial division and just keep their defense division.
When the stock market was going up not long ago, well it was just like now. The stock market would rise by some percent amount, and Boeing's gains would be 2 or 3 times that. It seemed like Boeing was leading the market to higher and higher heights.
Now it seems to be leading the market down to lower and lower depths.
FUCKING
SNOW
BALLING.....
my worst fear. employment to unemployment cluster fuck avalanche.
so far in the last half an hour
NCAA tourney canceled.
Spring season canceled. Season delayed.
NHL gone.
update#1: Disney's flagship California theme park is being closed due to the coronavirus outbreak
the downstream impact to employment is huge. talking about hundreds of thousand of workers and billions in goods.
umm other news...
Sen. Lindsey Graham becomes latest member of Congress to self-quarantine
so, umm I won't say what I want to say...because...mods....umm...poor guy hope he recovers.
Last edited by Zan15; 2020-03-12 at 08:46 PM.
Buh Byeeeeeeeeeeee !!
Last edited by Thepersona; 2020-03-12 at 08:41 PM.
Forgive my english, as i'm not a native speaker