fatality for SARS was actually 5 times higher (9.6%) then COVID 19 is currently at the epicenter of this epidemic in Wuhan (2%) [by all available data].regardless its semantics , human nature is the same , we have a fear of the unknown and then things turn around, its a natural ebb and flow of the market with this kind of thing, and in 10 years this wont matter to anyone who stayed in the market. the only thing that can truly wreck the market long term, is a Sanders nomination and the markets tumble and then its essentially a self fulfilling prophecy and he gets elected.
https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/corona-crisis-ripening-buys-233211747.htmlDo you share this view?
If it keeps going down interest rates will be cut slowly again. There have been other such risks and markets went down and the issues got sorted and then we were back on track.
fatality for SARS was actually 5 times higher (9.6%) then COVID 19 is currently at the epicenter of this epidemic in Wuhan (2%) [by all available data].
Well, as I pointed out before, this isn't just "a dip".
https://www.bloomberg.com/opinion/articles/2020-02-28/coronavirus-clorox-stock-rally-on-pandemic-fear-overheats-value?srnd=premium
Trying to catch a falling knife?If that's your conviction, why not liquidate and reenter at a lower price?Have you lived through/experienced 2008/2009 or 1999/2000 drops?Which means it needs to rise 13.25% just to break even.
You seem to be certain of that. I am not, though I do think it is likely to happen, not because it solves anything, but because when the only tool you have is a hammer, then every problem looks like a nail. The current downturn (forget about the stock market, look at airlines, and the entire manufacturing supply chain) isn't that much of a demand shock, it's a supply shock. How do lower rates solve that?
This a obvious dip in market. The question is just which stocks to grab now on the low!
Many solid companies / good buys
This is starting to become reminiscent of 2008. GLD and SLV are down too now. If remaining invested, it is probably prudent to put portfolio insurance in place (long put options).
C'mon!Don’t compare a global slowdown in light of a virus that can and will be treated in the near future to a global slowdown caused by the biggest financial institutions underpinning the global economy literally collapsing into bankruptcy.This is a buyers market.No reminiscence to 2008 here whatsoever. wooof
So you think the bond market signals are silly money rather than smart money?
What makes you so confident that this sell off is entirely about the carnivorous and not an overdue correction due to weakness in the global economy overall? The Cornovirus definitely played a role in deteriorating further, but making absolute statements about the markets are a dangerous game.