Current Events > How did the market "stabilized" during Friday?

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JuanCarlos1
03/15/20 8:21:43 AM
#1:


If the worst is yet to come? Like most stocks were up from the previous day like if things got better? There will be no economy during at the very least weeks and at worst months. Huge loss of revenue for a lot of companies that'll end up in unpaid pto to lay offs to their employees which becomes a domino effect for recession.


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TheMikh
03/15/20 8:40:26 AM
#2:


Investor optimism about Trump's response and little more.

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thronedfire2
03/15/20 8:41:40 AM
#3:


The government pulled 1.5trillion out of its ass

but we cant fund healthcare. Lol

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ThyCorndog
03/15/20 8:42:26 AM
#4:


thronedfire2 posted...
The government pulled 1.5trillion out of its ass

but we cant fund healthcare. Lol
rich people's money > poor people's lives in America

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tennisdude818
03/15/20 8:44:19 AM
#6:


markets dont move in a straight line. even bear markets have huge rallies / bull traps.

the market soared >7% in like 30 minutes which looks more like short covering than anything. I think we have more room to go down.

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Error1355
03/15/20 8:44:38 AM
#7:


ThyCorndog posted...
rich people's money > poor people's lives in America
duh. that's because the rich people are the ones in charge

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ghettoraider81
03/15/20 8:45:26 AM
#8:


thronedfire2 posted...
The government pulled 1.5trillion out of its ass

but we cant fund healthcare. Lol


The Federal Reserve is not the government.

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TheMikh
03/15/20 8:55:24 AM
#9:


thronedfire2 posted...
The government pulled 1.5trillion out of its ass

but we cant fund healthcare. Lol
printing money to pay for things is precisely how inflation happens

well, that and diminished economic output relative to money supply - which is precisely what's slated given the collapsing global supply chains

https://i.imgur.com/JQIREwG.png

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mustachedmystic
03/15/20 8:56:27 AM
#10:


At some point the stock prices drop low enough that they become good bargains, that's when the smart investors swoop in.

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JuanCarlos1
03/15/20 10:34:01 AM
#11:


mustachedmystic posted...
At some point the stock prices drop low enough that they become good bargains, that's when the smart investors swoop in.

Right...just for everything come tumbling down once again weeks later. The 1.5 trillion is for bank solvency if I understood it correctly.

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g980
03/15/20 10:51:47 AM
#12:


please try to understand what the $1.5t is for and where it came from before letting yourself get outraged

conservatives arent the only ones who can be misled by headlines

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tigerslashII
03/15/20 11:12:22 AM
#13:


I was close to withdrawing my entire savings account after we edged towards 21000

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tennisdude818
03/15/20 6:39:25 PM
#14:


Fed just slashed rates to 0 and announced a $700B QE5. Futures are limit down anyway.

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