Interesting article on Yahoo Finance
Something Dangerous is happening beneath the surface of the market selloff
This is but one opinion, so prudence demands this being taken with a grain of salt, but it is an interesting analysis
https://finance.yahoo.com/news/market-asset-correlation-changes-stocks-bonds-gold-bitcoin-peter-tchir-120837786.html
Sherman A1
(38,958 posts)And Im sure many other factors are in play as well.
A HERETIC I AM
(24,365 posts)The second largest economy in the world has been essentially idled.
progree
(10,901 posts)through March. Which makes their parents less productive as they scramble to try to provide for childcare.
https://www.thestreet.com/world/coronavirus-japan-school-saudi-arabia-mecca-pilgrimages
At a quick read I didn't see what the first country to shut schools nationwide is. S. Korea?
A HERETIC I AM
(24,365 posts)Not good, no doubt.
Just looked and the DJIA has climbed back quite a bit from its earlier low.
https://finance.yahoo.com/quote/%5EDJI?p=^DJI
I'm not going to make any predictions on how far or long this selloff will go, but I sure as hell want to see Tesla fall back so I can buy it again!!
NeoGreen
(4,031 posts)A HERETIC I AM
(24,365 posts)It did say the Saudi's have suspended pilgrimages to Mecca.
safeinOhio
(32,661 posts)pushing buy if they are selling and sell if they are buying.
A HERETIC I AM
(24,365 posts)Like I said...grain, or even a healthy pinch, of salt
question everything
(47,465 posts)And that the market tanking is now the same as in 2008 when we had "only" great depression.