FATCAT 60,888 Posted March 12, 2020 Share Posted March 12, 2020 U.S. stocks fell sharply once again on Thursday after an address from President Donald Trump failed to quell concerns over the possible economic slowdown from the coronavirus. The S&P 500 dropped 7% shortly after the open, triggering a 15-minute “circuit breaker,” which temporarily halts trading at the New York Stock Exchange. The broad index also joined the Dow Jones Industrial Average in bear market territory. The 30-stock Dow slid more than 1,600 points, or 7.%. The Nasdaq Composite dropped 7%. https://www.cnbc.com/2020/03/11/futures-are-steady-wednesday-night-after-dow-closes-in-bear-market-traders-await-trump.html This kitten over here (meow) Link to post Share on other sites More sharing options...
FATCAT 60,888 Posted March 12, 2020 Author Share Posted March 12, 2020 It's happening again @Economy This kitten over here (meow) Link to post Share on other sites More sharing options...
Gagaloo911 12,959 Posted March 12, 2020 Share Posted March 12, 2020 It's over Link to post Share on other sites More sharing options...
JusKeepBreathin 19,311 Posted March 12, 2020 Share Posted March 12, 2020 Just so you guys know it's only going to get worse. We are almost at the same point Italy was with cases and deaths of the Coronavirus just two weeks ago and now that country is almost completely shut down. "Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity." -Martin Luther King Jr. Link to post Share on other sites More sharing options...
Saymyname432 866 Posted March 12, 2020 Share Posted March 12, 2020 Spanish Ibex 35 going down about 10%. I live in Madrid and people is freaking out, we are very worried. I work in a shop (zara) and boss is thinking to lock down and fire all of us temporaly. Link to post Share on other sites More sharing options...
DeleteMyAccount 11,881 Posted March 12, 2020 Share Posted March 12, 2020 Link to post Share on other sites More sharing options...
FATCAT 60,888 Posted March 12, 2020 Author Share Posted March 12, 2020 2 minutes ago, ZacharyMark said: tweet Not just that Trump's response to Corona ruined our Bull market run, he's brought the markets crashing 25% in a month. It's absolutely out of control, and Trump is making it worse. This kitten over here (meow) Link to post Share on other sites More sharing options...
DeleteMyAccount 11,881 Posted March 12, 2020 Share Posted March 12, 2020 1 minute ago, FATCAT said: Not just that Trump's response to Corona ruined our Bull market run, he's brought the markets crashing 25% in a month. It's absolutely out of control, and Trump is making it worse. Who would've figured that this is what would possibly bring him down? I mean, it's not completely his fault, especially this being about a virus. But we and his admin have zero idea what to do. And part of the "media hysteria" that people keep bringing up is due to Trump not being able to calm the public or reassure investors. It's all so sad. And now my parents are going to have to work even more... Link to post Share on other sites More sharing options...
Chromatic Lover 868 Posted March 12, 2020 Share Posted March 12, 2020 The one time i decided i'm taking a little rest from the stock market 'cause there wasn't any entry opportunities i liked, that's when the markets decide to drop. To those that made a lot of money mainly shorting, congrats. We got this. Link to post Share on other sites More sharing options...
Robo Ga 15,614 Posted March 12, 2020 Share Posted March 12, 2020 This is some apocalyptic sh** and honestly I am terrified. 🤖⚡️ Link to post Share on other sites More sharing options...
Mister G 10,512 Posted March 12, 2020 Share Posted March 12, 2020 35 minutes ago, FATCAT said: Not just that Trump's response to Corona ruined our Bull market run, he's brought the markets crashing 25% in a month. It's absolutely out of control, and Trump is making it worse. And he said it was a hoax stirred by the Dems. Granted, we have had a few diseases that had some bad outbreaks like SARS, Zika, and Avian Flu...but this is just way out of control and it’s become the one thing he can’t cover up. Link to post Share on other sites More sharing options...
LilMonst3r 5,681 Posted March 12, 2020 Share Posted March 12, 2020 Well atleast Trump can no longer brag about the GREAT economy he "built" during his presidency, this is gonna be another topic that's gonna take him out. Hopefully. Link to post Share on other sites More sharing options...
mister max 18,480 Posted March 12, 2020 Share Posted March 12, 2020 Here in belgium, the gov is slowly shutting down everything sport events, schools, parties, universities,... Everything is being shut down to at least mid april in the hope to contain the virus. Skskskks I'm not that scared from the virus itself but all the notifications from uni and my sport club about everything being cancelled is making me anxious and I guess in america its sort of the same. Lots of people are anxious and that results into the stock market Buy ARTPOP on itunes or smth? Link to post Share on other sites More sharing options...
Lord Temptation 11,209 Posted March 12, 2020 Share Posted March 12, 2020 Great Depression II incoming Link to post Share on other sites More sharing options...
DeleteMyAccount 11,881 Posted March 12, 2020 Share Posted March 12, 2020 36 minutes ago, mister max said: Here in belgium, the gov is slowly shutting down everything sport events, schools, parties, universities,... Everything is being shut down to at least mid april in the hope to contain the virus. Skskskks I'm not that scared from the virus itself but all the notifications from uni and my sport club about everything being cancelled is making me anxious and I guess in america its sort of the same. Lots of people are anxious and that results into the stock market The economic effect here in the USA in the next few months is going to be terrible. Link to post Share on other sites More sharing options...
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