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Another day of losses on Wall Street (Original Post) Sanity Claws Feb 2020 OP
Doubt its Coronavirus cherryinpa Feb 2020 #1
I agree Sanity Claws Feb 2020 #2
Market indicators have been soft for months now. However, the virus, empedocles Feb 2020 #4
I think the market is fundamentally inflated CanonRay Feb 2020 #3
I Think It's An "Uncertainty" Trigger ProfessorGAC Feb 2020 #9
Folks will see a decline, extent to be determined in next 5 weeks, in their empedocles Feb 2020 #5
And Deadbeat Donnie wants his admin. to stop talking about coronavirus because Liberal In Texas Feb 2020 #6
279 points down now Sanity Claws Feb 2020 #7
Now at 376. PPS now rolled back to around 12/3/19 Bengus81 Feb 2020 #10
Trumps rich buddies will make 100K+ on Amazon stock in a week or so... Bengus81 Feb 2020 #8
 

cherryinpa

(301 posts)
1. Doubt its Coronavirus
Tue Feb 25, 2020, 11:33 AM
Feb 2020

The golden rule in the markets that has been valid for over 100 years is to ignore what the news/tv is telling you as the cause of the drop. Yes, Coronavirus is out there, but something else is lurking too. Trumps fat-cat giveaway has overheated the economy big-time and it might have started to come off the boil in Q1. People on the inside know already. The fat-cats are heavy so they tread lightly at first towards the exit before the rest of us can leave.

Trump is so idiotic, he might well be walking into a full on crisis by Nov and he doesnt even know it.

Sanity Claws

(21,852 posts)
2. I agree
Tue Feb 25, 2020, 11:38 AM
Feb 2020

I don't think its coronavirus either. Stocks are way overpriced and have to fall. Rich people have too much money and keep putting it in the stock market.

empedocles

(15,751 posts)
4. Market indicators have been soft for months now. However, the virus,
Tue Feb 25, 2020, 11:46 AM
Feb 2020

supply lines, trade are a big trigger.

CanonRay

(14,113 posts)
3. I think the market is fundamentally inflated
Tue Feb 25, 2020, 11:44 AM
Feb 2020

and would fall anyway, but the Corona virus is a "black swan" event that will and is triggering that fall.

ProfessorGAC

(65,168 posts)
9. I Think It's An "Uncertainty" Trigger
Tue Feb 25, 2020, 01:29 PM
Feb 2020

Most economists (except the bought & paid for, like always wrong Kudlow) were anticipating a correction downward.
The uncertainty in the Far East over the illness could be the trigger that starts a moderate correction.

empedocles

(15,751 posts)
5. Folks will see a decline, extent to be determined in next 5 weeks, in their
Tue Feb 25, 2020, 11:59 AM
Feb 2020

quarterly financial reports; stocks, 401's, etc.

As trump as frequently noticed, and I think he is correct here, folk notice those things.

Liberal In Texas

(13,576 posts)
6. And Deadbeat Donnie wants his admin. to stop talking about coronavirus because
Tue Feb 25, 2020, 12:00 PM
Feb 2020

it's hurting the stock market.

Bengus81

(6,932 posts)
8. Trumps rich buddies will make 100K+ on Amazon stock in a week or so...
Tue Feb 25, 2020, 12:16 PM
Feb 2020

All you need is 2M to get 1000 shares and then sell it off and make a fast 100-200K in the coming weeks. Down around 2,000 per share a little while ago.

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