FATCAT 60,888 Posted March 16, 2020 Share Posted March 16, 2020 Stocks fell sharply on Monday even after the Federal Reserve embarked on a massive monetary stimulus campaign to curb slower economic growth amid the coronavirus outbreak. https://www.cnbc.com/2020/03/15/traders-await-futures-open-after-fed-cuts-rates-launches-easing-program.html This kitten over here (meow) Link to post Share on other sites More sharing options...
Economy 52,844 Posted March 16, 2020 Share Posted March 16, 2020 "Down" This is getting serious tho. I'm especially anxious cuz after 8.5 years working in the same place I got laid off last month and I need work now Link to post Share on other sites More sharing options...
xoxo Craig 55,649 Posted March 16, 2020 Share Posted March 16, 2020 Just now, Economy said: "Down" This is getting serious tho. I'm especially anxious cuz after 8.5 years working in the same place I got laid off last month and I need work now The FTSE 100 has dropped below 5000 points... I have never seen that in my lifetime End Racism Now Link to post Share on other sites More sharing options...
DeleteMyAccount 11,881 Posted March 16, 2020 Share Posted March 16, 2020 Trump moved the morning conference to 3:30 pm. They're going to manipulate the markets again before close like last Friday. Btw, he sent supporters signed copies of the market charts due to the pump... All he cares about is the stock market. Link to post Share on other sites More sharing options...
Der Meister 3,000 Posted March 16, 2020 Share Posted March 16, 2020 This is just the tip of the iceberg! hold into your weaves, this week is gonna be a rollercoaster ride Link to post Share on other sites More sharing options...
FATCAT 60,888 Posted March 16, 2020 Author Share Posted March 16, 2020 We're like 2 more days of these crashes from completely erasing 6 years of gains. This will take a decade to recover from if we go into a recession. Even worse for a depression This kitten over here (meow) Link to post Share on other sites More sharing options...
Woolfsmck 2,763 Posted March 16, 2020 Share Posted March 16, 2020 expect a lot of swings … after news that the virus has been contained … blam o wam … its gonna rocket back up … low interest rates and all the people waiting to get back to normal ... like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
Woolfsmck 2,763 Posted March 16, 2020 Share Posted March 16, 2020 13 minutes ago, ZacharyMark said: Trump moved the morning conference to 3:30 pm. They're going to manipulate the markets again before close like last Friday. Btw, he sent supporters signed copies of the market charts due to the pump... All he cares about is the stock market. seems like it .. but its a major part of the us economy since a large amount of foreign investment comes in thru wall street … all that money is getting pulled out … like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
ode 1,534 Posted March 16, 2020 Share Posted March 16, 2020 there is no magical fix for the economy so long as we are shutting businesses down and avoiding human contact, is there? this is so cray Link to post Share on other sites More sharing options...
ode 1,534 Posted March 16, 2020 Share Posted March 16, 2020 hotels in my city's downtown area are letting go of all their employees, 80+ people in some cases. my hotel is likely to do the same soon, too... and i'm only safe because i work nights! everyone is losing their jobs rn Link to post Share on other sites More sharing options...
DeleteMyAccount 11,881 Posted March 16, 2020 Share Posted March 16, 2020 7 minutes ago, Woolfsmck said: expect a lot of swings … after news that the virus has been contained … blam o wam … its gonna rocket back up … low interest rates and all the people waiting to get back to normal ... Except layoffs are already starting. If this continues into May it could be disastrous. The movie theater industry alone is going to die with no movies coming out in the next month. Link to post Share on other sites More sharing options...
Eggsy 8,280 Posted March 16, 2020 Share Posted March 16, 2020 @Economy you have esplainin to do... Link to post Share on other sites More sharing options...
Woolfsmck 2,763 Posted March 16, 2020 Share Posted March 16, 2020 10 minutes ago, ZacharyMark said: Except layoffs are already starting. If this continues into May it could be disastrous. The movie theater industry alone is going to die with no movies coming out in the next month. short term prognosis .. the rest of this year is gonna be a tough one to be sure … recovery will happen eventually... however … its a reset imo … and those who can adapt will benefit … the wealthy however , like usual will not be impacted much .. like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
Twitter 14 Posted March 16, 2020 Share Posted March 16, 2020 I hope we don’t fall into another recession or depression. Link to post Share on other sites More sharing options...
coekane 5,921 Posted March 16, 2020 Share Posted March 16, 2020 6 minutes ago, Twitter said: I hope we don’t fall into another recession or depression. Most people are already in the latter so the recession is scarier signing out Link to post Share on other sites More sharing options...
Featured Posts
Archived
This topic is now archived and is closed to further replies.