The biggest HOAX since the Trump impeachment clown show - Coronavirus DOW implication

[Truth Detector]

Apparently it isn't obvious to you in the OP. Of course the flu doesn't affect stock markets. So your "point" is null and void.

Wow the delusion is strong in this one. Nobody said the "meltdown" is fake.

I R O N Y!!!

I am starting to feel bad for you.

You should feel bad for you; how long have you been a mental patient?

[cawacko]

While there is clearly a strong case of TDS on this board and around the country there's a corresponding affect among certain Trump supporters about him when they lose all ability to essentially see straight. And clearly this is an example. Our stock market has always been driven by global events of which the cornavirus is one. In a globalized economy supply chains are everything and they are taking huge hits right now and businesses are projecting limited to no growth as a result for the next couple of quarters. Throw in the uncertainty of how much more this will spread and we see the panic of the past few days.

It's possible in a couple of months we've gained all these losses back and then some. Or maybe not. It's also been argued in certain circles the market has been overvalued for a long time and this was the tipping point.

[Nordberg]

Wrong, shocker

Market is falling for a number of reasons, first and probably foremost, cause of the ripple effects worldwide of the virus on China's economy, secondly, with a Bear market since 2011, the Market has been overdue for a correction, and last, the one you will never accept, the Gov't's seemingly unreadiness and response to the spread of the virus, you can't boastingly tell people it is nothing when they see it spreading and the results of it in China

This is no market correction. it is a response to the potential pandemic and trump terrible mishandling and press conferences that show how unprepared the admin is. by Trump and his people. China is where the stuff we buy is made and it is going quiet.

[archives]

Translation; thanks to the PRAVDA like PHONY media and Party of the Jackass fear mongering over a virus that has not killed a single person in the US and has infected a number of people that figuratively could fit on the head of a needle.

Sad little tard Arsecheese thinks he said something different.

Oh, so I guess the media reporting on the virus caused the Market to free fall, got it, nothing to do with China's economy, no possibility of an overdue correction, nor Trump, the Nation's leader, reassuring Americans what they've seen transpired in China or Italy "one day it is like a miracle, it is going to disappear. You know, from our shores it could get worse before it gets better. Could maybe go away. We’ll see what happens. Nobody really knows.”

[Nordberg]

First of all, flu has been around since the invention of stock markets. And we have flu shots so it's people's choice anyway.

Second of all, there is no fearmongering. Coronavirus has already did that job by spreading all over the world. It has hit few places hard as Trump himself stated in his address. And it doesn't do it good when it has been spreading in China, the country we have been trading with.

Thirdly, of course the stock market is going to rebound. (or at least hopefully).

The flu shot has nothing to do with Corona. It is over 40 nations now. It is not a crisis in America yet, but it has rolled through some countries with terrible effects.

[anonymoose]

Since no leftist has started a DOW crashing thread, I thought I would start one of my own.

Never in the history of man, has a NON-EVENT like this created such havoc on our stock markets. The DOW began the month at 28,399 a new record at the time. It got as high as 29,463. It has dropped so far to 26,084 or 3,422 points in the last week. That is a drop of nearly 12% points.

This has occurred thanks to the PRAVDA like PHONY media and Party of the Jackass fear mongering over a virus that has not killed a single person in the US and has infected a number of people that figuratively could fit on the head of a needle.

Last year, 80,000 Americans died of flu symptoms. So far, in 2020, over 10,000 have succumbed. I would argue that 80,000 is much greater than ZERO.

My prediction, as always, is the market will have regained much of this loss by the summer and continue on it's upward march to new records. But it is just mind numbing how stupid and sheep like people and markets have become in the new information social media age. Thoughts?

Good that it is happening now rather than in October. It will recover. Economic fundamentals are too solid (except for housing policies in sanctuary cities).

[Trumpet]

While there is clearly a strong case of TDS on this board and around the country there's a corresponding affect among certain Trump supporters about him when they lose all ability to essentially see straight. And clearly this is an example. Our stock market has always been driven by global events of which the cornavirus is one. In a globalized economy supply chains are everything and they are taking huge hits right now and businesses are projecting limited to no growth as a result for the next couple of quarters. Throw in the uncertainty of how much more this will spread and we see the panic of the past few days.

It's possible in a couple of months we've gained all these losses back and then some. Or maybe not. It's also been argued in certain circles the market has been overvalued for a long time and this was the tipping point.

You hope

[Trumpet]

Truth Detector=Full of Bull

[cawacko]

You hope

Ok, I'll bite. What am I hoping?

[Trumpet]

Ok, I'll bite. What am I hoping?

It's possible in a couple of months we've gained all these losses back and then some. to save Trump's ass

[AProudLefty]

The flu shot has nothing to do with Corona. It is over 40 nations now. It is not a crisis in America yet, but it has rolled through some countries with terrible effects.

I know.

[anonymoose]

It's also been argued in certain circles the market has been overvalued for a long time and this was the tipping point.

That's my argument. At least it's not due to a series of failed mortgage policies that led to the 2008 recession.

[cawacko]

It's possible in a couple of months we've gained all these losses back and then some. to save Trump's ass

Wow. It must be interesting going through life viewing everything through the prism of the U.S. President.

I made a simple statement of the state of the market right now. I guess i owe you an apology. Not sure why someone would do that.

[Celticguy]

The markets have to react to the supply chain disruption, its impacting business.
But once this is run its course things will return to the new fabulous normal.
Just remember that this will be harshest in places where toilet paper is a novelty. Wear masks if you like but stop shaking hands for DAMN sure. Especially foreigners.

[Darth Omar]

The flu shot has nothing to do with Corona. It is over 40 nations now. It is not a crisis in America yet, but it has rolled through some countries with terrible effects.

Roughly the same effect as the flu lol?