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Old 03-12-2020, 06:22 AM
 
21,620 posts, read 31,207,908 times
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Re Economic Climate, anyone else have concerns that this coronavirus scare is going to cause a global economic crisis? Of course this is a CT thread, but figured I’d bring it up with the shaky market lately.

My advice regarding economy: hold onto your hats.

 
Old 03-12-2020, 06:24 AM
 
Location: USA
6,904 posts, read 3,742,467 times
Reputation: 3499
Quote:
Originally Posted by kidyankee764 View Post
Re Economic Climate, anyone else have concerns that this coronavirus scare is going to cause a global economic crisis? Of course this is a CT thread, but figured I’d bring it up with the shaky market lately.

My advice regarding economy: hold onto your hats.
and comb-overs too.
Novembers around the corner. Tick tock, tick tock
 
Old 03-12-2020, 08:06 AM
 
1,929 posts, read 2,040,154 times
Reputation: 1842
Quote:
Originally Posted by kidyankee764 View Post
Re Economic Climate, anyone else have concerns that this coronavirus scare is going to cause a global economic crisis? Of course this is a CT thread, but figured I’d bring it up with the shaky market lately.

My advice regarding economy: hold onto your hats.
Yes - longer term this too shall pass, but it's going to be bumpy for some time.
 
Old 03-12-2020, 08:24 AM
 
2,695 posts, read 3,490,263 times
Reputation: 1652
Yes, I was going to buy a new car and get the house painted. Holding off on those purchase and hoarding cash now. It’s not the end of the world, but playing it safe.
 
Old 03-12-2020, 08:25 AM
 
21,620 posts, read 31,207,908 times
Reputation: 9775
Quote:
Originally Posted by Mr_250 View Post
Yes, I was going to buy a new car and get the house painted. Holding off on those purchase and hoarding cash now. It’s not the end of the world, but playing it safe.
Funny - I was reloading to type the same. We have to purchase a new car soon and we’re holding off as well until we get over the Coronavirus hump. Bracing to see what happens first.
 
Old 03-12-2020, 06:43 PM
 
34,053 posts, read 17,064,521 times
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Quote:
Originally Posted by SteveM85 View Post
It really is excellent Bob. A terrific article.
Its great to see Molly has freedom to choose and stay here in the US.
Its truly a special privilege. A really wonderful thing.
Absolutely. No matter what she picks, I hope the corp remains rock solid and successful.
 
Old 03-12-2020, 06:44 PM
 
34,053 posts, read 17,064,521 times
Reputation: 17212
Quote:
Originally Posted by kidyankee764 View Post
Re Economic Climate, anyone else have concerns that this coronavirus scare is going to cause a global economic crisis? Of course this is a CT thread, but figured I’d bring it up with the shaky market lately.

My advice regarding economy: hold onto your hats.
It very well may.
 
Old 03-13-2020, 09:10 AM
 
2,695 posts, read 3,490,263 times
Reputation: 1652
Anyone else see this as a big hit to CT economy? It will be a big hit to the overall national economy but for some reason CT might get hit harder.

The Gold Coast will see impact that will ripple through the rest of CT.

Maybe after this all is said and done, I could afford to move to the town my wife wants to move too.
 
Old 03-13-2020, 09:16 AM
 
Location: USA
6,904 posts, read 3,742,467 times
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Quote:
Originally Posted by Mr_250 View Post
Anyone else see this as a big hit to CT economy? It will be a big hit to the overall national economy but for some reason CT might get hit harder.

The Gold Coast will see impact that will ripple through the rest of CT.

Maybe after this all is said and done, I could afford to move to the town my wife wants to move too.
Why would CT get hit harder?

Once the dust settles, I think we'll see the largest stock market rally in history. That's me though, maybe not.

Some on here can then breathe a sigh of relief as their hero will need it to do so.
 
Old 03-13-2020, 09:56 AM
 
Location: Coastal Connecticut
21,752 posts, read 28,086,032 times
Reputation: 6710
Quote:
Originally Posted by SteveM85 View Post
Why would CT get hit harder?.
Wondering the same. That’s a bold call to make without any supporting reason.

If anything, we have a healthier population than many states with low obesity, along with some of the best healthcare in the country.

I would be more worried about areas with mass obesity and poor healthcare.
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