Here it comes, folks.

TacoMac

Well-Known Member
The big crash hits today. Markets world wide are shedding 4 to 9% of their values.

The Dow is set to open down over 1000 points.

I'm betting we could see the dow lose close to 2000 points today.
 

Rob Roy

Well-Known Member
No, the big crash comes after they clean out your bank account for the money "you" owe the Federal Reserve.

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TacoMac

Well-Known Member
And stock trading has been halted on the S&P because the S&P cratered 7%. (It's a built in safeguard to keep the market from completely collapsing.)

Dow currently sits at 29,936 down just 1,928 points.
 

Trout2012

Well-Known Member
I figure all that's happening, is that the rich are about to make a shit ton of money!! Minipulate the market buy low sell high, who needs a salary with power like that. Hell I wish I had a bunch of money sitting around.
 

captainmorgan

Well-Known Member
After the dear leader has cured the corona virus and fixed this little speed bump in the markets we should get together and show our dare I say love for him. I think there should be monuments built to him to celebrate his stable super jenius, maybe even remodeling mt rushmore. Get rid of those other clowns faces and just have the beautiful golden face of our savior.
 

TacoMac

Well-Known Member
I figure all that's happening, is that the rich are about to make a shit ton of money!! Minipulate the market buy low sell high, who needs a salary with power like that. Hell I wish I had a bunch of money sitting around.
13 trillion dollars has literally vanished in one week. You don't get rich that way. There are two types of rich people in times like these: those lucky enough to survive and the victims.

Remember Lehman Brothers? Bear Sterns?
 

Justin-case

Well-Known Member
After the dear leader has cured the corona virus and fixed this little speed bump in the markets we should get together and show our dare I say love for him. I think there should be monuments built to him to celebrate his stable super jenius, maybe even remodeling mt rushmore. Get rid of those other clowns faces and just have the beautiful golden face of our savior.
If the haters would just lick Trump's balls none of this would be happening!
 

TacoMac

Well-Known Member
I haven't even looked at my 401k.
Probably best not to for now.

Sure wish I had moved into bonds the moment coronavirus landed here in the US. :dunce:
No you don't. Bonds aren't worth anything anymore since the Fed has been buying up shittons of them to prop up the economy. Bonds right now are at .318% and falling.

That is not a typo. The 10 year treasury bond isn't even worth a half a percent. Anybody that went into bonds a few weeks ago is now broke until they recover. God only knows how long that's going to be.
 
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