|
Post by highgrit on Mar 16, 2020 15:08:38 GMT -6
This sucks and I feel for those that are heavily invested in the market. I have no love for the paper pushers that make a living off everyone else. But I truly feel for those who have worked hard and invested in the market as a retirement plan. This historic drop has all been based on speculation and BS. My thinking is, no one has been out of work for a week or two or maybe even longer yet. My feeling is the stock market is going to less than 10k and won't ever be back to where it once was. I see a major problem that's so great that there's no way to work through it. Personally I'm not willing to work with the liberal dumocrats and their media minions that caused all this BS to start in the first place. I hope and pray that the liberals and dumocrats have opened a can of woop azz that they can't handle.
|
|
|
Post by tcranch on Mar 16, 2020 16:44:43 GMT -6
Hubby's jaw is perpetually clenched. Woke up in the middle of the night and he was sending emails to our financial managers. Our portfolio is very conservative but we're still taking a massive hit. That said, an excerpt from Forbes:
The Private Goldman Sachs Coronavirus Meeting That’s Setting The Internet On Fire Abram BrownForbes Staff
Excerpt: "Among the conclusions apparently reached on this call: Stock markets can fully recover in the second half of 2020—and unlike in 2008, there is no systemic risk to the world’s financial system. Despite that optimism, the call did also focus on the disease’s immense communicability."
|
|
|
Post by the illustrious potentate on Mar 17, 2020 7:48:22 GMT -6
|
|