Corona, and corona, and corona. Creeps in this petty pace from day to day
This is a crazy pandemic. Nobody is bleeding out the ass and eyes, so it doesn’t seem that bad, and yet each day it gets a little close. It’s just killing old people, right?
Today I see that there is a case in Harford county MD. That’s only one county away, so it must be here as well.
Nothing is really real in America until is affects rich people.
“Dow futures tumble more than 1,000 points as all-out oil price war adds to coronavirus stress; 10-year Treasury yield drops below 0.5%”
The markets hate uncertainty and they can’t trust anything coming out of the current administration. Possibly even the .1%ers are starting to recognize the danger of having a carnival barker as president.
He now merely appears uninterested and disengaged. During one of the greatest health crises of our time. His mantra? ‘It’s not my fault.”
What a disaster.
Delaware County is closer to Delaware than Harford County.
Technically.
ugh.. i cant imagine what its gonna look like when it hits the petri dish of fluid sharing that is UD
Guessing it absolutely is here and spreading, that and how ’bout that stock market? Hats off to the Saudi’s and Russian for starting an oil price war at precisely the wrong moment! That ought to help.
Now is as good a time as any.
The Russia/Saudi thing has been brewing for years. The Russians are more dependent on oil revenue than they let on. Russia wasn’t prepared to cut production; the Saudis are sick of Russia ignoring production limits and are out for blood. Also, the Saudis want Russia out of the Middle East, especially if they are supporting Iran.
This may work for the US, but that doesn’t make the Saudis our friend.
Just went to double check, but in 2008 it took the markets 13 months for the markets to bottom out and being posting consistent gains.
So if this is similar, save up cash and pile it into stocks March/April 2021.
“in 2008 it took the markets 13 months for the markets to bottom out and being posting consistent gains.”
… only after TARP, bank bailouts, and ARRA.