Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
My view, barring a miracle which nips this in the bud in the next few weeks, is this is going to be the mother of all mothers of a stock/bond market debacle - consequences yet unforeseen. Fed is already moving to backup money market funds. Remember way back when some broke the buck? The virus isn't going away anytime soon b/c US, like Italy, is pussyfooting around on containment attempts. The world will be a very different place in its aftermath.
Coming Monday is March 23. 3/23/20. Really bad number. BA will go bankrupt. We will have 3000 less on DOW Jones.
It is like they made a decision to evicerate the entire travel and tourism industries without thinking that they'd bankrupt a nationally security interest in Boeing. Insanity. My guess is they will do some sort of receivership like they did with GM. Or maybe we can all stop pretending there ever was a seperation of government and they should just nationalize the airline industry.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
