Stock Market Crash 2020

Discussion in 'Current Affairs & Debate' started by OutSynk, Mar 12, 2020.

  1. octophone

    octophone O = 0

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    Funny that. You would almost think they were a shower of robbing bastards or something...
     
  2. Mats

    Mats User

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    dumping sticks AND buying stocks in Citrix! it's so transparent it hurts my face from all the mansoning
     
  3. Indie

    Indie Great Tits

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    To be fair it takes time to price this kind of stuff in and with the markets being so uncertain and it's likely liquidity is drying up, I'm not surprised banks haven't immediately done something for mortgage rates.
     
  4. Loufoque

    Loufoque BATTLE FOR YOUR LIFE

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    At least everyone will have clean arses while they starve through the incoming Greatest Recession.
     
  5. ameraal

    ameraal la loi de murphy

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    Dow rebounds more than 11% in best day since 1933 as Congress nears coronavirus stimulus deal

    the stock market is the biggest con ever.
     
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  6. Indie

    Indie Great Tits

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    Quite possibly what is known in the industry as a "dead cat bounce"
     
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  7. Ag

    Ag BRING BACK TAGS

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    3.3 million newly unemployed in the US. It'll be fine!
     
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  8. ameraal

    ameraal la loi de murphy

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    here are two choice headlines:

    CNBC: Dow rallies more than 1,300 points, capping its biggest 3-day surge since 1931
    PUBLISHED WED, MAR 25 20206:08 PM EDTUPDATED THU, MAR 26 20205:21 PM EDT

    Obsever: How a Hedge Funder Scored a 10,000% Return Amid Coronavirus Market Meltdown
    By Sissi Cao • 03/26/20 12:04pm

    it plummets cause you know coronavirus. then it rebounds cause trump says it would be beautiful if people went back to church and work for easter. what the flaming fuck?
     
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  9. ameraal

    ameraal la loi de murphy

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    this guy got me a bit wet.



    it's astonishing how all the giant, unruly offspring of the divine free market keep having to be bailed out.
     
  10. octophone

    octophone O = 0

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    Yeah, that gave me a warm tingly feeling as well.
     
  11. ameraal

    ameraal la loi de murphy

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    and the vicious cirlce perpetuates itself.



    full article here (may contain traces of wsj).
     
  12. Mats

    Mats User

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    I understand very little of the quote but it sounds evil
     
  13. Lucille

    Lucille Sniffing in the VIP area

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    The price of a barrel of oil in the US has now gone below $0.
     
  14. Ag

    Ag BRING BACK TAGS

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    What the fuck does that mean?

    Does that mean the 21 million unemployed can now eat free oil?

    This is why I'm poor.
     
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  15. Lucille

    Lucille Sniffing in the VIP area

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    I think the oil producers have too much so are having to pay people to take it off their hands as they can’t afford to store it, or don’t have the capacity to store it themselves? It’s all quite abstract and I don’t quite understand it.
     
  16. Ag

    Ag BRING BACK TAGS

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    FREE OIL FOR ALL!
     
  17. Dark Carnival

    Dark Carnival User

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    Does this mean they would pay you to fill your RENAULT TWINGO?
     
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  18. RaspberrySwirl

    RaspberrySwirl Leftover

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    Only if you buy American oil
     
  19. RaspberrySwirl

    RaspberrySwirl Leftover

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    I feel sorry for RuPaul’s crushed fracking dreams.
     
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  20. lolly

    lolly Rowena? From Kuwait?

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    I just paid two quid for a bottle of Crisp n' Dry in Tesco on the way home. What a fucking cheek.
     
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  21. COB

    COB Skullomania nude on spacehopper

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    Mondays...
     
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  22. OutSynk

    OutSynk My name is Matilda.

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    So much for the stock market crash. A new bull run is expected.

     
  23. Ag

    Ag BRING BACK TAGS

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    The UK economy shrunk by 20%(!) in April.
     
  24. Ag

    Ag BRING BACK TAGS

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    Likely worst recession in the UK since 1707. Borrowing highest since WW2.

    Get ready for WORSE SHIT TO COME!
     
  25. Kate

    Kate SLAGS 4 TAGS

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    Just as well Brexit is going to save us all!!!!
     
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  26. OutSynk

    OutSynk My name is Matilda.

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    Meanwhile bitcoin is almost back to its all time high.
     
  27. SDF

    SDF We're all Angles in Chainz

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    Still don’t understand bitcoin, even if Revolut are saying I could win a Bitcoin :eyes:
     
  28. Gangsta Nancy Lam

    Gangsta Nancy Lam mess

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    All I know about bitcoin is that it is SOMEHOW terrible for the planet. You'd think IMAGINARY MONEY would avoid that.
     

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