Brace Yourselves For Another Stock Market Dive On Monday

[DrLove]

There is another community contagion in Oregon, and it is the worst case scenario. A staffer at an elementary school.

Christ.

Yep, saw this earlier. Washington County which is eastern side of Portland and a fairly affluent county many of whom come out to the coast where I live. What I couldn't help wondering is whether they'll need to shut down the school for a bit. The staffer/ teacher/ or whatever may have either picked it up from one of the kids or GIVEN it to one or more of the kids.

We need TEST KITS. Thousands of them. We are UNDER-TESTING (bigly). 550 total have been administered in the entire country. South Korea has administered 65,000 of them.

Everything has to be run through the CDC and Donald has established ridiculously tight parameters for what they'll test and what they won't. Right now, they won't do a test on anyone who hasn't traveled to and from certain countries - Community contracted cases? Meh, they don't seem interested at this point. It's RIDICULOUS to say the least.

 

[g5000]

Making stupid claims about Trump or Hillary or anyone else accomplishes one thing. It completely disqualifies the idiots making or parroting such claims from being taken seriously.

If your propagandists are politicizing this situation, you should shut them off and never turn them on again.

 

[g5000]

There is another community contagion in Oregon, and it is the worst case scenario. A staffer at an elementary school.

Christ.

Yep, saw this earlier. Washington County which is eastern side of Portland and a fairly affluent county many of whom come out to the coast where I live. What I couldn't help wondering is whether they'll need to shut down the school for a bit. The staffer/ teacher/ or whatever may have either picked it up from one of the kids or GIVEN it to one or more of the kids.

We need TEST KITS. Thousands of them. We are UNDER-TESTING (bigly). 550 total have been administered in the entire country. South Korea has administered 65,000 of them.

Everything has to be run through the CDC and Donald has established ridiculously tight parameters for what they'll test and what they won't. Right now, they won't do a test on anyone who hasn't traveled to and from certain countries - Community contracted cases? Meh, they don't seem interested at this point. It's RIDICULOUS to say the least.

I saw a news article, and posted it on here, a few days ago which said a chest CT is an accurate means of testing for covid-19.

As for the Oregon school, it is closed until Wednesday while they clean it. I have a feeling the genie is already out of the bottle, though.

 

[kyzr]

There is another community contagion in Oregon, and it is the worst case scenario. A staffer at an elementary school.

Christ.

Yep, saw this earlier. Washington County which is eastern side of Portland and a fairly affluent county many of whom come out to the coast where I live. What I couldn't help wondering is whether they'll need to shut down the school for a bit. The staffer/ teacher/ or whatever may have either picked it up from one of the kids or GIVEN it to one or more of the kids.

We need TEST KITS. Thousands of them. We are UNDER-TESTING (bigly). 550 total have been administered in the entire country. South Korea has administered 65,000 of them.

Everything has to be run through the CDC and Donald has established ridiculously tight parameters for what they'll test and what they won't. Right now, they won't do a test on anyone who hasn't traveled to and from certain countries - Community contracted cases? Meh, they don't seem interested at this point. It's RIDICULOUS to say the least.

I bet they close the school for a while, like a month and do work plans online.

 

[airplanemechanic]

I agree OL (well, maybe not with the coffee can part) I'm 5 years away from retirement. Dumped most of my stocks when Donnie started threatening his stupid trade war with China. Saved me a bundle.

Really? I think you need a new financial planner. The one you have now lied to you.

Trump announced the threat of the trade war on November 12th, 2019. On that day the markets closed at:

The Dow Jones Industrial Average (DJI) gained 10.25 points to close at 27,691.49.
The S&P 500 decreased 0.2% to close at 3,087.01.
Nasdaq Composite Index closed at 8,464.28, slipping 0.1%.

Before the coronavirus sell off, on Feb 12th, the markets closed at:

The Dow Jones Industrial Average highest closing record is 29,551.45
S&P 500 rose 5.66 points, or 0.2% to close at of 3,357.75.
Nasdaq Composite Index closed at 9,638.94, gaining 10.55 points, or 0.1%.

So that means during his "trade war" threat the DOW went up almost 2000 points. The Nasdaq went up 1200pts and the S&P 300 points.

So I hate to tell you, it didn't save you a dime getting out then. You lost quite a bit of money.

 

[DrLove]

Oregon coronavirus case shuts Lake Oswego elementary school

A Lake Oswego elementary school employee contracted Oregon’s first apparent case of coronavirus, causing the closure of the 430-student school as health officials try to figure out how many people may have been exposed.


Wheeeeeeeee!

Thanks, yeah Lake Oswego is as affluent as affluent gets in Washington County with possible exception of the West Hills and parts of Beaverton. They closed the school. Smart. Now start testing every kid who goes there and every adult who works there.

 

[Rambunctious]

I'm sure it will be rocketing up by the end of summer.....just in time for Trump's landslide victory....and the peoples victory over communism.....

 

[DrLove]

Obama should man-up and be held accountable for the market taking a turn. Given his history of taking credit for things he had nothing to do with and for passing the buck for everything bad under his watch, you would think he would do the honorable thing for once and not hide behind entitlement.

Oh fer fucking Jeezie - I just read this ^

 

[g5000]

I agree OL (well, maybe not with the coffee can part) I'm 5 years away from retirement. Dumped most of my stocks when Donnie started threatening his stupid trade war with China. Saved me a bundle.

Really? I think you need a new financial planner. The one you have now lied to you.

Trump announced the threat of the trade war on November 12th, 2019. On that day the markets closed at:

The Dow Jones Industrial Average (DJI) gained 10.25 points to close at 27,691.49.
The S&P 500 decreased 0.2% to close at 3,087.01.
Nasdaq Composite Index closed at 8,464.28, slipping 0.1%.

Before the coronavirus sell off, on Feb 12th, the markets closed at:

The Dow Jones Industrial Average highest closing record is 29,551.45
S&P 500 rose 5.66 points, or 0.2% to close at of 3,357.75.
Nasdaq Composite Index closed at 9,638.94, gaining 10.55 points, or 0.1%.

So that means during his "trade war" threat the DOW went up almost 2000 points. The Nasdaq went up 1200pts and the S&P 300 points.

So I hate to tell you, it didn't save you a dime getting out then. You lost quite a bit of money.

Actually, the Dow remained flat for the entire two years of the trade war. It did not start to rise again until it was announced they had reached a round one deal.

 

[Sun Devil 92]

China just announced their PMI for February.

35.7.

What a shit show. The markets will definitely dive on Monday over that figure.

China factory activity shrank at its fastest rate on record in February

Yep, it's a shit show alright and Donnie isn't helping matters with his incompetence and accusations. Markets hate unpredictability, and he's not giving them anything even remotely reassuring, predictable or factual.

You've got some facts to back up this bullshit ?

 

[OldLady]

There is another community contagion in Oregon, and it is the worst case scenario. A staffer at an elementary school.

Christ.

 

[DrLove]

There is another community contagion in Oregon, and it is the worst case scenario. A staffer at an elementary school.

Christ.

Yep, saw this earlier. Washington County which is eastern side of Portland and a fairly affluent county many of whom come out to the coast where I live. What I couldn't help wondering is whether they'll need to shut down the school for a bit. The staffer/ teacher/ or whatever may have either picked it up from one of the kids or GIVEN it to one or more of the kids.

We need TEST KITS. Thousands of them. We are UNDER-TESTING (bigly). 550 total have been administered in the entire country. South Korea has administered 65,000 of them.

Everything has to be run through the CDC and Donald has established ridiculously tight parameters for what they'll test and what they won't. Right now, they won't do a test on anyone who hasn't traveled to and from certain countries - Community contracted cases? Meh, they don't seem interested at this point. It's RIDICULOUS to say the least.

I bet they close the school for a while, like a month and do work plans online.

They did - Smart move ... And trust me, there ain't a kid in Lake Oswego who doesn't have a laptop or tablet and high speed Internet connection.

Median Household Income
$100,461

 

[g5000]

China just announced their PMI for February.

35.7.

What a shit show. The markets will definitely dive on Monday over that figure.

China factory activity shrank at its fastest rate on record in February

Yep, it's a shit show alright and Donnie isn't helping matters with his incompetence and accusations. Markets hate unpredictability, and he's not giving them anything even remotely reassuring, predictable or factual.

You've got some facts to back up this bullshit ?

Did you watch Trump's presser today? He really needs to step back and let the pros talk. He sounds like an idiot.

 

[DrLove]

I agree OL (well, maybe not with the coffee can part) I'm 5 years away from retirement. Dumped most of my stocks when Donnie started threatening his stupid trade war with China. Saved me a bundle.

Really? I think you need a new financial planner. The one you have now lied to you.

Trump announced the threat of the trade war on November 12th, 2019. On that day the markets closed at:

The Dow Jones Industrial Average (DJI) gained 10.25 points to close at 27,691.49.
The S&P 500 decreased 0.2% to close at 3,087.01.
Nasdaq Composite Index closed at 8,464.28, slipping 0.1%.

Before the coronavirus sell off, on Feb 12th, the markets closed at:

The Dow Jones Industrial Average highest closing record is 29,551.45
S&P 500 rose 5.66 points, or 0.2% to close at of 3,357.75.
Nasdaq Composite Index closed at 9,638.94, gaining 10.55 points, or 0.1%.

So that means during his "trade war" threat the DOW went up almost 2000 points. The Nasdaq went up 1200pts and the S&P 300 points.

So I hate to tell you, it didn't save you a dime getting out then. You lost quite a bit of money.

Wrong Bison Breath - The markets tanked 3,000 points right after I sold. Making more on my tax free muni bonds and another real estate investment.

 

[g5000]

The markets listen to what our leaders say, and react accordingly. And right now, the markets are incredibly volatile. Trump needs to shut the fuck up with his wild gyrations.

I think, though, the markets have accustomed themselves to hearing Trump make an ass of himself and just write him off now.

At least I hope they do.

 

[DrLove]

China just announced their PMI for February.

35.7.

What a shit show. The markets will definitely dive on Monday over that figure.

China factory activity shrank at its fastest rate on record in February

Yep, it's a shit show alright and Donnie isn't helping matters with his incompetence and accusations. Markets hate unpredictability, and he's not giving them anything even remotely reassuring, predictable or factual.

You've got some facts to back up this bullshit ?

Yes, I have posted them. You wouldn't be interested.

We now return you to your previously scheduled programming.

 

[Harpy Eagle]

I agree OL (well, maybe not with the coffee can part) I'm 5 years away from retirement. Dumped most of my stocks when Donnie started threatening his stupid trade war with China. Saved me a bundle.

Really? I think you need a new financial planner. The one you have now lied to you.

Trump announced the threat of the trade war on November 12th, 2019. On that day the markets closed at:

The Dow Jones Industrial Average (DJI) gained 10.25 points to close at 27,691.49.
The S&P 500 decreased 0.2% to close at 3,087.01.
Nasdaq Composite Index closed at 8,464.28, slipping 0.1%.

Before the coronavirus sell off, on Feb 12th, the markets closed at:

The Dow Jones Industrial Average highest closing record is 29,551.45
S&P 500 rose 5.66 points, or 0.2% to close at of 3,357.75.
Nasdaq Composite Index closed at 9,638.94, gaining 10.55 points, or 0.1%.

So that means during his "trade war" threat the DOW went up almost 2000 points. The Nasdaq went up 1200pts and the S&P 300 points.

So I hate to tell you, it didn't save you a dime getting out then. You lost quite a bit of money.

Where do you get your dates? Trump's launched the trade war on 22 Jan 2018 with his first two tariffs.

On that day...

NASDAQ - 6,829.55
DJI - 26,025.32
S&P - 2,809.16
Small Cap 2000 - 1,598.14

Today...

NASDAQ - 8,567.37
DJI - 25,409.36
S&P - 2,954.22
Small Cap 2000 - 1,476.43

That is about the worst 2 plus year growth we have seen in a long time. Trump's trade war fucked the markets and they only started to rise again because of "Phase 1".

 

[JustAnotherNut]

97% of US antibiotics are manufactured in China.

https://www.usnews.com/news/best-co...ices-may-provoke-china-trade-war-experts-warn


That's because the key ingredients for so many essential drugs, from antibiotics and birth control pills to treatments for cancer, depression, high cholesterol and HIV/AIDS, are purchased from China, says Rosemary Gibson, co-author with Janardan Prasad Singh of a new book called "ChinaRx: Exposing the Risks of America's Dependence on China for Medicine."

China has exclusive manufacturing agreements for drugs for anesthesia, cancer and HIV/AIDS, along with other medicines that "we use every day, not only in hospitals but in our own medicine chests," Gibson says, adding that China is now the world's only source of antibiotics, including the main ingredient in vancomycin, a treatment of last resort that is used by patients who are suffering from infections that are resistant to other treatment.

 

[Natural Citizen]

They've been talking about negative interest rates for some time. This virus thing is just a convenient excuse to lead people to look away and not focus on the real problem. Which is the Fed itself.

But whuheva. I repeat myself yet again. Heh heh.

 

[Sun Devil 92]

China just announced their PMI for February.

35.7.

What a shit show. The markets will definitely dive on Monday over that figure.

China factory activity shrank at its fastest rate on record in February

Yep, it's a shit show alright and Donnie isn't helping matters with his incompetence and accusations. Markets hate unpredictability, and he's not giving them anything even remotely reassuring, predictable or factual.

You've got some facts to back up this bullshit ?

Yes, I have posted them. You wouldn't be interested.

We return you to your previously scheduled programming.

Uh...your conclusion does not follow the facts you posted.

Not that it ever has.