This is the end. We are witnessing collapse of the global economy

from what I'm hearing from those in the business is expect extended market gains up until Wednesday because that's when the quarter ends and large funds want to show better returns.

After Wednesday all bets are off - Just remember Wall Street runs Washington - so no matter how bad things appear to be they will print their way out of this just like in 08. Do you guys remember in 08 when the majority of us said the Dow is doomed and this is going to end bad and then QE1 , 2 , 3, TARP etc...etc... don't underestimate their power to backstop this.

Trade Wisely! 322170

 

The DOW declined the entire year of 2008.

It lost nearly half of it's value between late 2007 and early 2009.

 

I agree John and when it was down everyone said it would go much lower including myself and low and behold the printing presses got fired up and they haven't stopped printing since.

 

Except for when they raised interest rates from 2016-2019

 

The world went down the drain in a matter of weeks, it's terrifying.

 

When this is over, I'll never look at bleach the same way again.

Never knew it was a lifesaving chemical.

Same with n95 respirators. I randomly found one while going through a storage unit last week.

 

I just want my family and I to be still around when it's over.
But I agree about bleach. We're spraying everything with a bleach solution.

 

Where do you live?

 

The average American has no clue about what is happening , and even less about what there is still to come. The virus is not impressed by statements like "we are the biggest economy in the world", "we have the money to win this fight"...

 

Why do you say no clue? Schools have been closed for a while now. There are precautionary measures everywhere you look. Perhaps it's not as militant as China, but it's incorrect to say that nothing is being done.