We are very good at "relief pitching", which I guess for a non american would be "substitution in 90+2." Now that we are aware there is a problem, watch and see how things change. It's like airline security after 911.
Though it might also be wise to encourage what's being brought up in my corner of Asia: don't stress yourselves out by gluing to 24/7 coverage or social media.
Oh, our market dropped considerably, the worst drop in history, but it’s because we just halted the economy temporarily in many sectors due to the virus.
So there’s nothing really unhealthy in the market except the uncertainty surrounding the virus, but as more becomes known the market should pick right back up. In other words the drop isn’t permanent, the DOW is more just a measure of the current market valuation based on economic conditions, and as those conditions improve so will the market.
We are very good at "relief pitching", which I guess for a non american would be "substitution in 90+2." Now that we are aware there is a problem, watch and see how things change. It's like airline security after 911.
Though it might also be wise to encourage what's being brought up in my corner of Asia: don't stress yourselves out by gluing to 24/7 coverage or social media.
Thanks for sharing. That was informative and made me even more relaxed.
Though question: how's the state of the US economy, really?
I'm hearing a new round of "2008-09 financial crash" if not Great Depression 2.0.
Oh, our market dropped considerably, the worst drop in history, but it’s because we just halted the economy temporarily in many sectors due to the virus.
So there’s nothing really unhealthy in the market except the uncertainty surrounding the virus, but as more becomes known the market should pick right back up. In other words the drop isn’t permanent, the DOW is more just a measure of the current market valuation based on economic conditions, and as those conditions improve so will the market.