It’s a small correction spurred by the economic reality that you can’t make stuff in China. And, add the radical democrats willing to crash the market to keep Trump from being reelected and you have the formula for a perfect storm.
First cases in major cities: NYC, Washington, Detroit - these will each hit the market.
First cases amongst various homeless populations: These will hit the markets.
Supply chain problems exacerbate - china's not producing, but this hasn't come "down river" yet - these will hit the market.
First trial vaccine that fails - will hit the market.
Long term I believe in Trump and conservatism, but it's going to be a tough year. I believe the Democrat this year has a real chance, depending on this virus. We all need to prepare and help do our part to stop it. Don't spread it, look out for one another, store supplies to help prevent panicking. This is where the rubber meets the road pedes.
This is why Trump had the conference yesterday on the virus. Quelling the hysteria is a major part of keeping the market from artificially moving up and down. Make no mistake, the people who have jumped the gun to sell will see others swoop up their droppings and ride them into the sunset. Give it 2 months and we won’t even care about this virus anymore.
It’s a small correction spurred by the economic reality that you can’t make stuff in China. And, add the radical democrats willing to crash the market to keep Trump from being reelected and you have the formula for a perfect storm.
It’ll settle down when the panic selling is over.
Is losing 3000 so far a small correction? I mean man...
10% is a correction. And nearly all corrections are followed by Bull Markets.
Alright thanks. I need some optimism
Coronahysteria
Pretty much. One this hysteria blows over, we can get back to keeping America great.
I think we need to prepare for additional events.
Long term I believe in Trump and conservatism, but it's going to be a tough year. I believe the Democrat this year has a real chance, depending on this virus. We all need to prepare and help do our part to stop it. Don't spread it, look out for one another, store supplies to help prevent panicking. This is where the rubber meets the road pedes.
Communist Democrat candidates and pandemic fear mongering from the Enemy of the People, the Media.
This is why Trump had the conference yesterday on the virus. Quelling the hysteria is a major part of keeping the market from artificially moving up and down. Make no mistake, the people who have jumped the gun to sell will see others swoop up their droppings and ride them into the sunset. Give it 2 months and we won’t even care about this virus anymore.
See: Ebola
Wait, I thought this was Obama's economy! He just said so. We'll take it back once it corrects!
I wouldn't put it past rich liberals to take a dive in order to precipitate a crisis. Unfortunately... too soon.