53
() VERY FAKE NEWS
posted ago by spliffbear250 ago by spliffbear250 +53 / -0
Comments (13)
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alpha_omega 7 points ago +7 / -0

For those of you who don't work in finance, we're already in the Monday trading session. CME Index Futures opened at around 6:00 pm Eastern on Sunday and the futures is high indicative of what NYSE will open at in the morning at 9:30 am. FX trades nearly 24/7. This article is actually legit.

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highenergywinning 3 points ago +3 / -0

So its going to tank again? What effect is all this going to have on the housing market?

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alpha_omega 4 points ago +4 / -0

Yes. Federal Reserve cut interest rates to 0% and will restart quantitative easing to the tune of $700 billion. The market got spooked -- what does the Fed know that the market at large doesn't is what everyone is asking.

China's banking system was already on life support prior to the coronavirus due to absurd real estate bubble and the trade war. It's quite surprising that their banks are functioning at all.

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highenergywinning 3 points ago +3 / -0

So What effect will this have on the housing market? Hopefully not what happened in 09

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alpha_omega 3 points ago +3 / -0

No idea, but the US housing market outside of Californa, Washington, DC, Miami and Manhattan isn't really all that bubblicious this go around. Manhattan condos might drop 30% and will still cost an arm and a leg.

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highenergywinning 3 points ago +3 / -0

Im in vegas. After the housing crash of 09 our house was worth 2/3 what we paid for it. it took until 2017 for us to have equity again. Im gonna be really fucking pissed if that happens again bc of the media dnc globalists out to get Trump

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deleted 2 points ago +2 / -0
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highenergywinning 3 points ago +3 / -0

Mine is fixed

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deleted 2 points ago +2 / -0
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Pumpingiron_Patriot 2 points ago +2 / -0

Came to say this ^. Those are futures calls. And mentioned futures predicts what is going to happen when the market opens

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Trump4a3rdTerm 3 points ago +3 / -0

They are rooting for collapse- that is how much they hate this President. They will do anything to try and get rid of him and don't care how many Americans they hurt doing it. That is TDS and TDS is real.

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chinita_atx 2 points ago +2 / -0

They should close it down for a week.

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deleted 2 points ago +2 / -0