Foxx Posted March 15, 2020 Share Posted March 15, 2020 (edited) as i have said, i am afraid of what tomorrow may bring. Emini futures down limit 5% March, June and Sept all down 5% Edited March 15, 2020 by Foxx Link to comment Share on other sites More sharing options...
Foxx Posted March 15, 2020 Share Posted March 15, 2020 36 minutes ago, Buffalo_Gal said: Sunday? Unprecedented btw, glad to know you are back home, in the states. 4 1 Link to comment Share on other sites More sharing options...
TPS Posted March 15, 2020 Share Posted March 15, 2020 45 minutes ago, Foxx said: out of bullets now. unless of course, NIRP is also in the pipeline. Fed Cuts Main Interest Rate to Near Zero, to Boost Assets by $700 Billion It’s more for show than any real impact. The market may react positively but it will be the rate of growth in cases and deaths over the week that be the main mover. Link to comment Share on other sites More sharing options...
TPS Posted March 15, 2020 Share Posted March 15, 2020 1 hour ago, Buffalo_Gal said: Sunday? Unprecedented As @Foxx posted, futures were pointing to a big drop, so Fed Is trying to head it off. Link to comment Share on other sites More sharing options...
GG Posted March 16, 2020 Author Share Posted March 16, 2020 3 hours ago, TPS said: As @Foxx posted, futures were pointing to a big drop, so Fed Is trying to head it off. Your timeline is backwards. 1 Link to comment Share on other sites More sharing options...
Boatdrinks Posted March 16, 2020 Share Posted March 16, 2020 4 hours ago, TPS said: It’s more for show than any real impact. The market may react positively but it will be the rate of growth in cases and deaths over the week that be the main mover. The main mover will be all the draconian restrictions on business and daily life for the healthy and ( relatively ) young that cause the economy to tank . As has been brought up , the question perhaps should be why we aren’t just restricting the movement and activities of the aged and vulnerable. It doesn’t add up, and the economy is being destroyed for everyone else going forward. 1 Link to comment Share on other sites More sharing options...
TPS Posted March 16, 2020 Share Posted March 16, 2020 8 hours ago, GG said: Your timeline is backwards. Can't find it, but my twitter feed had some comments that "market signals were flashing red" before the rate cut was announced. Link to comment Share on other sites More sharing options...
TPS Posted March 16, 2020 Share Posted March 16, 2020 Btw, I won't be surprised if the markets are shut down at some point. Looks like the next month will be about simply getting through this.... 2 Link to comment Share on other sites More sharing options...
row_33 Posted March 16, 2020 Share Posted March 16, 2020 8 hours ago, GG said: Your timeline is backwards. That person only gives little tidbits of gossip, always negative 1 Link to comment Share on other sites More sharing options...
Foxx Posted March 16, 2020 Share Posted March 16, 2020 20 minutes ago, TPS said: Btw, I won't be surprised if the markets are shut down at some point. Looks like the next month will be about simply getting through this.... this was my thought as well. they should shut them down, only bad can come of leaving them open right now. which, i guess, the questions would then become, when do you reopen and what is the criteria? Link to comment Share on other sites More sharing options...
TPS Posted March 16, 2020 Share Posted March 16, 2020 9 hours ago, Boatdrinks said: The main mover will be all the draconian restrictions on business and daily life for the healthy and ( relatively ) young that cause the economy to tank . As has been brought up , the question perhaps should be why we aren’t just restricting the movement and activities of the aged and vulnerable. It doesn’t add up, and the economy is being destroyed for everyone else going forward. This is why... https://mobile.twitter.com/donmoyn/status/1239239417715396609 13 minutes ago, Foxx said: this was my thought as well. they should shut them down, only bad can come of leaving them open right now. which, i guess, the questions would then become, when do you reopen and what is the criteria? I don't think it should have anything to do with any economic criteria; it should be based on when we see the cases under control. Link to comment Share on other sites More sharing options...
GG Posted March 16, 2020 Author Share Posted March 16, 2020 1 hour ago, TPS said: Can't find it, but my twitter feed had some comments that "market signals were flashing red" before the rate cut was announced. A. Fed doesn't act upon tweets B. This type of action was weeks in the planning and final approval isn't instantaneous based on pre-market chatter. The markets are down and will continue to go down because you don't shut down 25% of the global economy and think there won't be a serious economic impact. Link to comment Share on other sites More sharing options...
Tiberius Posted March 16, 2020 Share Posted March 16, 2020 CORONAVIRUS U.S. stock futures dive as Fed action fails to mollify investors MARKETS UPDATES Access to these updates is free Dow projected to shed more than 1,000 points at open The steep futures declines suggest investors are scared the central bank might now be out of tools to guard against a recession. By Taylor Telford and Thomas Heath 16 minutes ago Link to comment Share on other sites More sharing options...
TPS Posted March 16, 2020 Share Posted March 16, 2020 18 minutes ago, GG said: A. Fed doesn't act upon tweets B. This type of action was weeks in the planning and final approval isn't instantaneous based on pre-market chatter. The markets are down and will continue to go down because you don't shut down 25% of the global economy and think there won't be a serious economic impact. Yes, I commented last night based on that, but you are correct. Ad for shutting down the economy, you can’t separate the two—it is being shut down because the number of cases is beyond control now. Time to shut it all down and stop the acceleration. Link to comment Share on other sites More sharing options...
GG Posted March 16, 2020 Author Share Posted March 16, 2020 15 minutes ago, TPS said: Yes, I commented last night based on that, but you are correct. Ad for shutting down the economy, you can’t separate the two—it is being shut down because the number of cases is beyond control now. Time to shut it all down and stop the acceleration. Will the cure be worse than the disease? 1 Link to comment Share on other sites More sharing options...
Tiberius Posted March 16, 2020 Share Posted March 16, 2020 Wow, just wow Panic selling Link to comment Share on other sites More sharing options...
RochesterRob Posted March 16, 2020 Share Posted March 16, 2020 3 minutes ago, Tiberius said: Wow, just wow Panic selling And you are taking no delight in this? You are not fantasizing about this damaging Trump? Link to comment Share on other sites More sharing options...
Tiberius Posted March 16, 2020 Share Posted March 16, 2020 1 minute ago, RochesterRob said: And you are taking no delight in this? You are not fantasizing about this damaging Trump? He's toast anyway. This will pass. Feel bad about people losing their jobs, though. That's tough. Well, except for Trump losing his Link to comment Share on other sites More sharing options...
TPS Posted March 16, 2020 Share Posted March 16, 2020 40 minutes ago, GG said: Will the cure be worse than the disease? Would you want to find out? Take a look at that graph on the two cities in Italy, one that shut down early and one that did not. Link to comment Share on other sites More sharing options...
row_33 Posted March 16, 2020 Share Posted March 16, 2020 15 minutes ago, RochesterRob said: And you are taking no delight in this? You are not fantasizing about this damaging Trump? why do you bother with this person? Link to comment Share on other sites More sharing options...
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