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uponit7771

(90,335 posts) Mon Mar 16, 2020, 09:49 AM Mar 2020

Next trip is 13% !!! we're at 11.8% already !!!

5 replies

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Next trip is 13% !!! we're at 11.8% already !!! (Original Post) uponit7771 Mar 2020 OP

Black Monday! mobeau69 Mar 2020 #1

13% what? Blue_Tires Mar 2020 #2

of DOW value at start of trading day uponit7771 Mar 2020 #3

So it's dropping again? I thought Trump stabilized that shit? Blue_Tires Mar 2020 #4

The feds cutting rates to zero will initially panic markets not stabilize them especially if the uponit7771 Mar 2020 #5

mobeau69

(11,143 posts)

1. Black Monday!

Reply to uponit7771 (Original post)

Mon Mar 16, 2020, 09:53 AM

Mar 2020

Blue_Tires

(55,445 posts)

2. 13% what?

Reply to uponit7771 (Original post)

Mon Mar 16, 2020, 09:55 AM

Mar 2020

uponit7771

(90,335 posts)

3. of DOW value at start of trading day

Reply to Blue_Tires (Reply #2)

Mon Mar 16, 2020, 09:55 AM

Mar 2020

Blue_Tires

(55,445 posts)

4. So it's dropping again? I thought Trump stabilized that shit?

Reply to uponit7771 (Reply #3)

Mon Mar 16, 2020, 09:58 AM

Mar 2020

uponit7771

(90,335 posts)

5. The feds cutting rates to zero will initially panic markets not stabilize them especially if the

Reply to Blue_Tires (Reply #4)

Mon Mar 16, 2020, 10:01 AM

Mar 2020

... money is not being placed at the problem.

The problem here is not money stoppage among the banks its money stoppage among the people/consumer level because there's no nationwide unfettered testing.

That's REALLY dangerous cause there isn't too much the feds can do to make you spend money once you decide to stop spending.

Yes, deflation is less controablle than inflation

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