“We’re starting to get a sense of how dire the impact on the economy is going to be. Each day the news doesn’t get better, it gets worse. It’s now hit Main Street to a more significant degree,” said Liz Ann Sonders, chief investment strategist at Charles Schwab.
The Dow officially went into a bear market on Wednesday, when it finished the day down more than 20% from its all-time high. For the S&P 500, this is the fastest drop since World War II from a record high to a bear market. After earlier thinking that the virus could remain mostly in China and that any dip in the economy would be followed by a quick rebound, investors are seeing the damage and disruptions mount.
It's called Stock Fixing no other reason for these antics in India a inward trading nation of 1300 million people with 60 % of its Imports being Petroleum based whose prices have crashed and having a self sufficient sustainable local economy and being 1% of World Trade
If you bought in 2008 stick with it, if you bought in the last few years, get out.
Don't touch your face, Stock Dude!
Fridaythe13th ..... This will be a Friday to be remembered for ages to come realDonaldTrump CNNPolitics FoxNews
Trump could have helped stop this virus in January when he knew about it. How can you put your trust into dodgers? When I hear that name a gray sensation envelopes me. Even on a sunny day.
The American nation is a nation of self-satisfied bastards who live on the body of the planet and whose moral category 'scum' is embedded at the genetic level, which forms their views, their way of life, their relations to other peoples, their politics.
SethAbramson I appreciate all the pictures of stock traders touching their faces in demoralized angst. Maybe we'll emerge from this crisis better than we entered.
Ya But no market is spared The West included.. Don't forget It's an interconnected world.
Wait... DONTtouchYOURface
The passive response from the American people is appalling .. most countries would be marching to topple such ineptitude. America has lost it's balls.
Toilet paper is making a killing
The buck stops with TRUMP.
The opportunity is approaching. Soon the trust in capitalism as we know it will disappear.
Good
SethAbramson Who cares. Fuck capitalism.
Wow!
Why is it so hard to feel sorry for Wall Street?
It's going to be a rough day tomorrow. Brace. For. Impact.
Digging pretty deep into obscure markets to push panic -
Martial law will be in two weeks
WORLD RESET BUTTON. what did you 1% do ? OMG
A bowl of fruit sounds better.
That sound... It's the global economy catching up to reality.
That poor man with his face covered will be famous very soon.
CasualRao
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