US Stock Market Officially Crashes

[AnnaE]

I'm not Trump, so no, coward.

 

[petros]

Need some time off to sober up?

 

[JLM]

I think you need to sober up.

Oops, Pete, there she goes again, handing out labels!

 

[Mockingbird]

Forget those creeps. Drop me a line and I'll hook you up for half that much.

Still not the bargain I'm looking for, but thanks for the offer. ;-)

 

[Twin_Moose]

DJ closing Friday = 25,864.78 (down from 26,121.28 )
Yep looks "like the recession's over" alright. lol

I see you are getting a chance to sleep it off, when you get up can you explain why a short term drop in the stock market is a recession? Doesn't it take 2 consecutive quarters of negative growth to be called a recession?

 

[petros]

I see you are getting a chance to sleep it off, when you get up can you explain why a short term drop in the stock market is a recession? Doesn't it take 2 consecutive quarters of negative growth to be called a recession?

and inflation higher than GDP growth.

That's guaranteed in 3 weeks.

 

[AnnaE]

I see you are getting a chance to sleep it off, when you get up can you explain why a short term drop in the stock market is a recession? Doesn't it take 2 consecutive quarters of negative growth to be called a recession?

I didn't bring up the term. JLM did that. See the quotes? I was just rubbing his face in it, so to speak.
I know it was a market correction.

 

[JLM]

I didn't bring up the term. JLM did that. See the quotes? I was just rubbing his face in it, so to speak.
I know it was a market correction.

Yeah, your trend of rubbing people's faces in things, hasn't gone unnoticed!

 

[JLM]

I suggest you quit trying to think, then, coward.

At least he's able to think! ………………...Another label!

 

[JLM]

and inflation higher than GDP growth.

That's guaranteed in 3 weeks.

Ho ho, Pete, both Dow and TSX are DOWN 1800 - 1900 points this morning. I'm sure a lot of drawers will be getting laundered today.

 

[pgs]

Ho ho, Pete, both Dow and TSX are DOWN 1800 - 1900 points this morning. I'm sure a lot of drawers will be getting laundered today.

Yes mutual funds will be shedding value . Lots of retirement dollars out of the mix .

 

[petros]

The April 1st JST hike will be the final nail in the Canadian coffin.

 

[JLM]

The April 1st JST hike will be the final nail in the Canadian coffin.

"J" being for Justin! Right?

 

[JLM]

Yes mutual funds will be shedding value . Lots of retirement dollars out of the mix .

No worries they are starting to climb again. Best advice right now is probably "do nothing". Paper losses are cheap!

 

[petros]

"J" being for Justin! Right?

Absolutely

 

[Hoid]

Yes mutual funds will be shedding value . Lots of retirement dollars out of the mix .

Mutual funds will be selling like crazy because panic

 

[JLM]

Mutual funds will be selling like crazy because panic

Good opportunity there for those with the cash!

 

[B00Mer]

This is a great time to buy stocks..

Travel sites, cruise lines and airlines, some have taken a 42% hit, petroleum stocks great buy right now..

Great time when people are in panic over Covid-19 and the Saudi/Russia price war on oil.

There are going to be a few that get stinking rich during this time.

 

[pgs]

This is a great time to buy stocks..

Travel sites, cruise lines and airlines, some have taken a 42% hit, petroleum stocks great buy right now..

Great time when people are in panic over Covid-19 and the Saudi/Russia price war on oil.

There are going to be a few that get stinking rich during this time.

And lots going hungry this summer . Tourist trade is going to take a big hit .

 

[Walter]

And lots going hungry this summer . Tourist trade is going to take a big hit .

Good thing there's lots of other jobs out there thanks to BHO.