Futures down once again...could easily be another 1000 point drop. Zero reason to buy stocks, fed cant keep lowering rates because if they do they will have nothing left to cut once the economy goes into a deep long recession. Ooops. I think markets will drop knowing the federal reserve cant do anything at this point
Russell 2K futures just made new lows (took out low made last week) DAX and EuroStoxx 50 also made new lows. DAX currently less than 500 pts from entering bear market territory Probably many other global indices making new lows that i dont track.
10 year collapsing. You'll be able to refinance a 30 year fixed under 2.75% soon That's one good positive
I find it totally amusing listening to these fund managers talk that before this drop off in the markets that everything had been a bit "frothy" ..all.of the sudden now they say things were frothy and a bit high....but weeks ago they were probably calling for 17% upside in 2020 with nothing but consistent gains. Fuxking clowns... Wonder what they will say when stocks are 27% lower from here....
check out super gaps up in SQQQ TVIX UVXY etc., outstanding price action: for weeks I've been saying we will Easily crash under last dec 24 lows in weeks ahead. TVIX may regain 800 etc
1 quarter hiccup in production. What is wrong with you guys? Seriously? Pro boys be all buying up da panic.
Look at this fuxking joke Op-Ed: Why Congress should approve a $1 trillion package to boost the economy PUBLISHED FRI, MAR 6 202011:41 AM EST https://www.cnbc.com/2020/03/06/op-...-1-trillion-package-to-boost-the-economy.html