'This is not a drill': Stocks tank and bond yields tumble

[ThatOwlWoman]

yep they are sliding into a big recession

Unfortunately in the global economy that we have now, they might just take us with them.

 

[Truth Detector]

Global stocks tanked and bond yields tumbled on Friday as investors scrambled to protect their portfolios from coronavirus. The flight to safety was fueled by fresh estimates of the epidemic's potential economic fallout.
The yield on the benchmark 10-year Treasury — which dropped below 1% for the first time earlier this week — dropped to a record low of 0.74%. The 30-year Treasury yield also slid to 1.34%, another record low.
"The bond market is scaring the raccoons out of the air ducts like crazy right now," Neil Wilson, chief market analyst for Markets.com, said in a morning note.

https://markets.businessinsider.com...-coronavirus-economic-fears-2020-3-1028971397

So this makes you giddy and happy right?

guano
noun
gua·no | \ ˈgwä-(ˌ)nō

: a fertilizer containing the accumulated excrement of seabirds or bats broadly : excrement especially of seabirds or bats

 

[Nordberg]

Let me guess Guano it's all Trumps fault.

No it has to be Obama's. Trump is never at fault. he is the president, yet rightys credit him with everything that is good and deflect what is bad.

 

[Bill]

As predicted, & now it's Obama's economy again............

 

[Teflon Don]

The race is on to get a vaccine onto the market!

https://www.irishtimes.com/business...uro-race-to-find-a-vaccine-1.4195127?mode=amp

So only 45% of people will get it like influenza?

Waste of resources to make a vaccine now

We don’t know true mortality rate and we don’t know if this is sustaining past this little outbreak

 

[Teflon Don]

I love how Foul Woman and Cheating Rana act surprised that people are stocking up on water over COVID19 When the democrats and media have been creating mass hysteria

Dumb asses

 

[Eagle_Eye]

No it has to be Obama's. Trump is never at fault. he is the president, yet rightys credit him with everything that is good and deflect what is bad.

where as lefties blame him for every bad thing that happens, and went so far as to stretch the facts so they could impeach.

 

[Walt]

Waste of resources to make a vaccine now We don’t know true mortality rate and we don’t know if this is sustaining past this little outbreak

Wow, that says it all. Republicans are so delusional and want us to base everything on their delusions.

 

[Teflon Don]

Wow, that says it all. Republicans are so delusional and want us to base everything on their delusions.

We don’t make vaccines for every virus or bacteria known to man or even those that kill

 

[Walt]

We don’t make vaccines for every virus or bacteria known to man or even those that kill

We don't make vaccines for bacteria period. As for vaccines, anything that is deadly and spreads probably needs a vaccine. This is deadly and spreading.

 

[Bill]

We don’t make vaccines for every virus or bacteria known to man or even those that kill

Will you be taking if it becomes available??

 

[Grokmaster]