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Reload this Page Deustche Bank - US GDP with crash -13% in Q2 (stock market, economic)
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Old 03-18-2020, 01:46 PM
 
Location: Sputnik Planitia
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https://finance.yahoo.com/news/coron...104934074.html

Holy!!! Would be the sharpest contraction in economic activity since World War 2.

Hope they are wrong. If they are right the stock market is still very richly valued!

Soup lines? Well, hope you like soup!
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Old 03-18-2020, 02:13 PM
 
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Ouch, that’s gonna leave a mark! Of course wasn’t it Deutsche Bank that was bailed out by the ECB last October?
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Old 03-18-2020, 02:44 PM
 
Location: The Republic of Gilead
12,716 posts, read 7,811,145 times
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Quote:
Originally Posted by k374 View Post
https://finance.yahoo.com/news/coron...104934074.html

Holy!!! Would be the sharpest contraction in economic activity since World War 2.

Hope they are wrong. If they are right the stock market is still very richly valued!

Soup lines? Well, hope you like soup!
Yeah I think we'll be looking at a four digit Dow pretty soon. Most likely before the end of April.

We've got a long decade ahead of us trying to come back from this.
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