Yeah, that was technically a recession in the early 90s, but a mild one, and there was only about a 20% drawdown in the stock market. But I suppose it counts.
lol I am going thru life with unlimited luxury that I'll never be able to consume.. qqq still up 100% since Trump election.... that's how you go thru life. standing on the sidelines empty handed and only get a few days of mental relief during a correction that's how you go thru life? lol enjoy it while it last.... earning season around the corner... we are still going to the moon. BUYING OPPORTUNITY! PEOPLE KEEP SAYING BUY THE F DIP... THE DIP IS HERE HOW, BUT this DIP is the real bear market? it's the same shit every time, why do people not learn??
I believe streets in China are empty, people don't leave their homes and don't go to work. Imagine it happens somewhere else.
Quoting this so when earnings fall I can never take you seriously again. Not that I take you seriously now, but if there was ever a hint - never again.
Is it? https://www.theguardian.com/world/2...es-fear-coronavirus-streets-deserted-outbreak https://www.straitstimes.com/multim...ty-streets-in-china-amid-coronavirus-outbreak Fear virus comes along with the real virus.
If the virus thing dies out you will see spectacular rallies. And it will soon be a bull market all over. Fundamentals are too good. But..if the virus turns into a serious pandemic and seriously disrupts supply chains...tourism..etc then we got a really really real bad problem. But these things are precisely why I am a short term trader..that is flat at the end of the day. I can play it from both sides short and long. And sleep well at night. Whereas an investor is feeling those butterflies in the gut unless hedged really well. This could turn into one of Talebs black swan events if the corona thing doesn’t end soon. To some degree it already has become a black swan in terms of a historic one day drop. Nobody expected the viral outbreak.
Sanders has zero chance of winning, IMO, so I think that can be set aside. I’ll be shocked if he wins. It is Mr T with a landslide. Unless corona gets unstoppable. Then all bets are off.