General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsEDIT: Officially in Bear Market territory. DJIA down 1,000+ again. 10yr TBill yield ticks up, tho
Last edited Wed Mar 11, 2020, 03:10 PM - Edit history (1)
Dow 23,994.72 -1,023.44 -4.09%
S&P 500 2,773.05 -109.18 -3.79%
Nasdaq 8,056.57 -287.68 -3.45%
GlobalDow 2,647.66 -15.35 -0.58%
Gold 1,649.00 -11.30 -0.68%
Oil 33.45 -0.91 -2.65%
U.S. 10yr 0.804 -0.0049
empedocles
(15,751 posts)10 yr treasury note uptick is profit taking on the treasuries. Speculators quick to short markets and buy treasuries early on the downturn.
brokephibroke
(1,883 posts)Not good for savers, especially retirees...
I made a smart move and bought a delayed annuity at age 55 which will yield 5% when I retire.
duforsure
(11,882 posts)Any businesses who have paid zero in taxes get zero stimulus, and that should be for people running businesses who don't pay any taxes , and be forced to show their taxes for 5 years, and for 5 years going forward, and banks paying zero in taxes should get loans but only when if they show they have loaned all money out , and at much lower rates, to lower income or middle class making less than $150,000 yearly. If they don't then they have to pay the loans back at a say 30% interest rates.The government should this time give directly people $2500 free and clear , and by upping the wealthy tax rates to cover it all. Payroll tax reduction as a stimulus hurts Social Security , and if Democrats agree to do that they should be voted out of office. Trump wants to destroy Social Security , while his followers are oblivious to it.
Roland99
(53,342 posts)Dow 23,668.77 -1,349.39 -5.39%
S&P 500 2,741.57 -140.66 -4.88%
Nasdaq 7,951.79 -392.47 -4.70%
GlobalDow 2,631.81 -31.20 -1.17%
Gold 1,639.40 -20.90 -1.26%
Oil 33.06 -1.30 -3.78%
Roland99
(53,342 posts)Dow 23,393.10 -1,625.06 -6.50%
S&P 500 2,713.50 -168.73 -5.85%
Nasdaq 7,877.11 -467.14 -5.60%
GlobalDow 2,618.23 -44.78 -1.68%
Gold 1,638.20 -22.10 -1.33%
Oil 32.96 -1.40 -4.07%
Johnny2X2X
(18,744 posts)Down 6.5%. 1600 points. This is bad and the markets know that we have no leadership in Washington to do anything but make it worse.