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Thread: Stocks crater under coronavirus concerns as volatility haunts Wall Street

  1. #11
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    Re: Stocks crater under coronavirus concerns as volatility haunts Wall Street

    Quote Originally Posted by mrjurrs View Post
    The idea that a 50 basis point cut will do anything is absurd. Fed cuts are supposed to spur growth. This is not a growth issue.
    No, it's not. It's a bandaid solution to a problem bigger than what the Fed can fix.







    Quote Originally Posted by EMNofSeattle View Post
    There are virtually no Child molestations in the Catholic Church.
    Quote Originally Posted by EMNofSeattle View Post
    Mock someone with a handicap? Sure. Why are handicapped people different then anyone else?

  2. #12
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    Re: Stocks crater under coronavirus concerns as volatility haunts Wall Street

    Quote Originally Posted by HumblePi View Post
    Yeah really, as the saying goes 'this **** is getting real'. Seriously, this mess with coronavirus has started a ball rolling that was just about ready to roll downhill on its own anyway, just not this far downhill. The coronavirus has put a tight grip on the throat of commerce around the world. If the threat of the virus disappeared tomorrow, the stock market would rebound although I don't know if it would go back to the levels of the pre-virus panic too soon.

    I have a feeling this isn't going to end soon and we haven't seen the bottom yet. People are nervous and the shelves in Walmart that have all the cold and flu medications are emptying out quickly. People want to be ready, I can't blame them for that. It's a good time to keep some spare cash on hand in the meantime.
    I mentioned elsewhere that I'd been out over the weekend and more than 75% of the people's carts had water, antibacterial soaps, but no hand sanitizer because it was almost impossible to find. Yesterday I went out to grab a few things and noticed one of the stores that had bare shelves for hand sanitizer previously, now had it in at least two locations. I went out today for a car wash and stopped by that same store today. Water completely sold out and not a scrap of hand sanitizers to be found. The did still have soap. Didn't check the bleach or lysol areas.

    And the fun part was learning the couple standing behind me had just come from Washington last week and live about an hour away from the nursing home with all the deaths. I thought the woman in front of me with the 25+ bottles of Antibacterial soap (wearing a paper mask) was going to run out of the store when she overheard that. Which of course begs the question could those people be carriers, and were we all exposed? I've done minimal prep and it is what it is.

  3. #13
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    Re: Stocks crater under coronavirus concerns as volatility haunts Wall Street

    Quote Originally Posted by SkyFox76 View Post
    I mentioned elsewhere that I'd been out over the weekend and more than 75% of the people's carts had water, antibacterial soaps, but no hand sanitizer because it was almost impossible to find. Yesterday I went out to grab a few things and noticed one of the stores that had bare shelves for hand sanitizer previously, now had it in at least two locations. I went out today for a car wash and stopped by that same store today. Water completely sold out and not a scrap of hand sanitizers to be found. The did still have soap. Didn't check the bleach or lysol areas.

    And the fun part was learning the couple standing behind me had just come from Washington last week and live about an hour away from the nursing home with all the deaths. I thought the woman in front of me with the 25+ bottles of Antibacterial soap (wearing a paper mask) was going to run out of the store when she overheard that. Which of course begs the question could those people be carriers, and were we all exposed? I've done minimal prep and it is what it is.

    I think that we're all going to be staying home a bit more and avoiding crowds. I heard that the casinos revenues have dropped drastically. I'm not surprised at that. It's actually pretty simple to make homemade hand sanitizer. All it takes is a few ingredients. You have to start with alcohol of course, at least 60% of a home batch should be alcohol. Mix it up with some aloe vera gel or glycerine and add a few drops of whatever you like either peppermint oil, lavender oil, or something similar.








    Quote Originally Posted by EMNofSeattle View Post
    There are virtually no Child molestations in the Catholic Church.
    Quote Originally Posted by EMNofSeattle View Post
    Mock someone with a handicap? Sure. Why are handicapped people different then anyone else?

  4. #14
    Educator Ringo Stalin's Avatar
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    Re: Stocks crater under coronavirus concerns as volatility haunts Wall Street

    Wall Street is a bunch of schizophrenic psychopaths. From extreme greed (100) to extreme fear (0). Money changers should be treated in special institutions by people in white with kind attentive eyes. Instead capitalism gave them the planet to plunder.

    B6sIR0RCAAAI5__.jpg
    "They say that Bolshevism is liquidated and buried. Gentlemen grave diggers bury us too early. We are still alive, and the bourgeoisie will repeatedly shake up and tremble from the sounds of our voice "(c) Joseph Stalin, July 1917 - https://www.youtube.com/watch?v=fyYrsaWwZw4

  5. #15
    Educator TheEconomist's Avatar
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    Re: Stocks crater under coronavirus concerns as volatility haunts Wall Street

    Quote Originally Posted by Ringo Stalin View Post
    Wall Street is a bunch of schizophrenic psychopaths.
    Any reasonable person would say that this is at best hyperbolic and worst a boldfaced lie.

    Quote Originally Posted by Ringo Stalin View Post
    From extreme greed (100) to extreme fear (0).
    Greed defines an excess with respect to an virtuous middle ground. To "measure" greed you have to define two things: (1) what would be the corresponding virtue and (2) what metric do you use to define a quantifiable notion of distance? That could give you a measurement of greed over time, such as the one you apparently provided here without references or comments about the methodology. As a sidenote, fear isn't the antithesis of greed. If greed is pursuing personal gains in excess of what is desirable, abnegation would be the other pole of that spectrum, not fear.

    Quote Originally Posted by Ringo Stalin View Post
    Money changers should be treated in special institutions by people in white with kind attentive eyes.
    And the colors of dictatorship comes roaring back...

    Quote Originally Posted by Ringo Stalin View Post
    Instead capitalism gave them the planet to plunder.
    Atually, capitalism enriched billions of people and nearly eliminated extreme poverty from the face of the Earth. Opposite those achievements stand communism, an ideology that thus far only created misery. There isn't a single example of a successful communist revolution that didn't turn absolutely genocidal. You're at a 100% strike rate of absolute nightmarish dystopias.
    All people who oppose free speech are trying to sell you snake oil. There is absolutely no exception to this rule.

  6. #16
    Educator Ringo Stalin's Avatar
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    Re: Stocks crater under coronavirus concerns as volatility haunts Wall Street

    NATO Secretary General Stoltenberg expressed hope that in the face of a pandemic, the alliance countries will not reduce their defense spending.
    Worries that because of the threat of real danger, sheep will no longer be afraid of the fictional danger. The futility of NATO has never been more obvious
    "They say that Bolshevism is liquidated and buried. Gentlemen grave diggers bury us too early. We are still alive, and the bourgeoisie will repeatedly shake up and tremble from the sounds of our voice "(c) Joseph Stalin, July 1917 - https://www.youtube.com/watch?v=fyYrsaWwZw4

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