"see, the President said the stock market will rebound"

[Watchfoxheadexplodes]

Dipped in on faux to catch them promoting Dow futures of 1200.

Do they not realize this can be wasted five minutes after the bell?

[Laf.La.Dem.]

1. Trump says NO PROBLEMS - so we will get a rebound!!

[Claustrum]

2. The market isn't going to be be down everyday

The market isn't going to be be down everyday. So today could just be the day that is going to be up. However, it's the trend and the outlook of the situation that's the real problem. If coronavirus is here to stay for a month or two and continue to cause widespread closures (I personally think it is), then the economic impact will be huge as people are staying away from going out, using public transportation, eating out, shopping, etc. And as businesses are losing revenue, they are going to be closed (either temporarily or permanently), more people will lose their jobs. This could be very bad for a lot of people. And this is not counting the people that are going to be sick, or even worst, losing their lives. If we get there (I think the likelihood is high), the panic will be high and send the stock market/economy into even a deeper dive.

I hope it won't be as bad and coronavirus will disappear soon. But we should also be prepared for the worst.

[GusBob]

3. Yep and yep

Good post