OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[tay1]

It’s wild that I was growing up during the recession and now how to live through an event such as this. Big learning lesson for real.

 

[superantigen]

The one thing I haven't quite solved is what to do with money in the bank once we go negative. We stashin' in mattresses?


...

 

[shazay]

Reporter asking about futures

 

[shibadekobe]

The one thing I haven't quite solved is what to do with money in the bank once we go negative. We stashin' in mattresses?


...

Many articles in Japan...when they went Negative...entire country sold out of In Home Safes

 

[degenerate423]

 

[biggie62]

Futures hit limit already and stalled. Nice

 

[tkthafm]

Whole financial system falling apart like a house of cards.

 

[biggie62]

Wonder if Powell can autograph the tomorrow’s chart of the market and give it to trump

 

[noskey]

It’s wild that I was growing up during the recession and now how to live through an event such as this. Big learning lesson for real.

Scary times. Hope everybody else that was coming of age back in the late 00s learned what to do, and what not to do in this situation.

 

[solewoman]

So when these negative rates hit what’s going to happen with my direct deposit?!

 

[206to813]

The one thing I haven't quite solved is what to do with money in the bank once we go negative. We stashin' in mattresses?


...

should we put some money we won’t need to touch into some CD ladders? 12-24-36 mo’s

Rates really gonna be negative though? Seems crazy

 

[Air273]

keep eye on STZ/MGM/WYNN

What do you guys think about HAL and X?

i'm not buying until i hear about sports resuming.........think we could see no fans in stands until next summer

 

[shibadekobe]

Mortgage rates likely to fall again after the Fed's latest dramatic response to coronavirus

The Federal Reserve announced it will begin buying $200 billion of mortgage-backed bonds, a move that will stabilize and likely lower mortgage rates, which moved sharply higher last week.

www.cnbc.com

 

[shorty doo wop]

So I can cop a crib wit 0 interest?

 

[townbidness]

So I can cop a crib wit 0 interest?

negative mortgage rates

 

[biggie62]

negative mortgage rates

thats not how it works. The banks still need to make money on the loans.

 

[shibadekobe]

 

[xbiker47]

crazy

 

[southernhospita]

The one thing I haven't quite solved is what to do with money in the bank once we go negative. We stashin' in mattresses?


...

I mean it had the same value inside the mattress before this anyway banks been trash for money growth

 

[southernhospita]

This panic of closing all schools and businesses is going to **** things up financially
And I do t understand how people do see that it’s frustrating

 

[purple sneaks]

What’s your go-to app to buy/sell stocks?

 

[tkthafm]

The fear and panic is palpable. Smart investors are finally starting to realize the magnitude of the problems in the system. Futures limit down even after the largest FED bazooka in human history. Even infinite free money cannot save this market. The FED is done. Credit markets are in total disarray. If they close markets all liquidity will dry up and we will see mass pandemonium as people rush to withdraw cash from banks and liquidate whatever assets they have left; followed by insane selling once markets eventually re-open. These are historic and dark times. IMO the market is set to plunge straight into the abyss and stay there for a while. The average American has no clue what is coming but daily life will soon be affected in an enormous way. Many of the companies we have today will not survive. Unemployment will skyrocket. The world isn’t going to end, we will eventually recover, but I hope everyone here is prepared or is taking steps to prepare because it’s about to hit the fan and get really ugly.

New data from China, worst decline on record:

Chinese Production Jan/Feb -23.5%; Retail Sales - 20.5 %

Just insane. A preview of whats to come across Europe and in the US.

 

[アミーゴ]

Love the foolishness in here

 

[fluid hips]

A two week quarantine at this point is pointless. This should have been done back in the beginning of February.

Need at least a month of quarantine to really make an impact now

There are a lot more people with the virus that don't know it and the figures being reported in the media are off to not create mass hysteria

 

[smedroc]

tkthafm an illuminati intern