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UK and US stock markets suffer worst day since 2008
9 Mar 2020
https://www.theguardian.com/busines...avirus-ftse-italy-oil-price-dow-business-live
Yes, but they're supposedly set up for a big rally today!
What will the final number be? Ooo, let's watch.![]()
Wouldn't it be nice for once to get Timmeh's Market Prediction BEFORE the end of the trading day, instead of his usual, "ahhh, up 200, I made 700,000 today!" ?
it's all over the fucking place today. that's pretty much all there is to say.
The stock market is a scary place today. Volatility not seen since the Bush recession. Oil jumped immediately 7% this morning (it was at lows not seen since 1990) and the whole market rose 3% in a few hours, but profit takers moved in and technical trading drove it down. Aaaaand now it's up a bit again.
Not for the faint of heart.
up 1050, DUMMY
Cheer on whorebags.....for American's to lose.
Pretty sad, even for a slut-ball like you.
No one is cheering for America to lose. Those of us that knew the fake economy based on tax cuts that let stock buy-backs artificially inflate the market, massive government deficit spending in a supposedly "great economy", loose monetary policy, interest rate cuts the bully in chief demanded when unnecessary - all with an unstable international market due to the stupid way the tariffs with China were handled created a market so brittle that it was going to have a massive fall.
And this is just the predicted, and predictable massive fail. I am sure it is going to get worse before it gets better. We are building some stupid fucking wall instead of roads and bridges and trains and power grids. We are not investing in renewables and so remain beholden to Saudi and Russia as they fuck with the price of oil.
So no. No one is cheering for America to loose. Rational people are saying "I fucking told you so". And now let's start investing instead of gambling.
And another laugh, just as my afternoon was getting boring...Thanks to the image of Garbage Dump Trump....chuckles
Wrong.
Yes you are.
And you....YOU....can't predict shit.
They were so proud. Trumpy was taking credit for it, and they followed suit.
What changed?
![]()
Your comrades in China have created a world crisis that is destroying the world economy. Of course Biden, who took a 1.5 billion dollar bribe and the commie old bastard Sanders are all for China and their slave labor. The Demo's are seeing what Trump has been trying to tell them that giving China our business and using their slave labor is in the end going to destroy world freedom. Bring back our business and factories from there and make the people (like Nancy P. and her husband) who use slaves to make themselves rich pay for it with their freedom.
Trump was right again.
Your comrades in China have created a world crisis that is destroying the world economy. Of course Biden, who took a 1.5 billion dollar bribe and the commie old bastard Sanders are all for China and their slave labor. The Demo's are seeing what Trump has been trying to tell them that giving China our business and using their slave labor is in the end going to destroy world freedom. Bring back our business and factories from there and make the people (like Nancy P. and her husband) who use slaves to make themselves rich pay for it with their freedom.
Trump was right again.
U.S. stock futures fell sharply on Tuesday night, pointing to another volatile session on Wall Street following a massive rally.
As of 8:21 p.m. ET Tuesday, Dow Jones Industrial Average futures were down 260 points, indicating a loss of 402.16 points at the open. S&P 500 and Nasdaq 100 futures also pointed to losses.
The move down in futures comes after the major averages regained a chunk of their losses from Monday. The Dow rallied more than 1,100 points while the S&P 500 had its best one-day performance since Dec. 26, 2018.
“Stocks posted impressive headline gains, but more strength needs to be seen beneath the surface to have confidence that the downside momentum in stocks has been broken,” Willie Delwiche, investment strategist at Baird, said in a note. “The weight of the evidence continues to argue for caution in the near term and we recommend that investors remain patient in the face of ongoing market volatility.”
Stocks were lifted Tuesday in part by hopes that the U.S. government will move forward with fiscal stimulus to curb an economic slowdown from the coronavirus spread. A White House official told CNBC that President Donald Trump pitched a 0% payroll tax rate for the rest of 2020. However, the timing of such policies being implemented remains uncertain.
Secretary Azar just made things worse on live TV, once again trying to paint a happy face on infection rate in the U.S. The interviewer kept pointing out the disconnect between what he was saying and what the CDC had just stated on the same network regarding the probability of infection spread over the next several weeks.
Investors are very nervous about the disconnect between the White House and the CDC.