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Old 03-03-2020, 12:37 PM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,319,675 times
Reputation: 7627

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Quote:
Originally Posted by chopchop0 View Post
Fed cat bounce died quickly. . What's drumpf going to do now?
The usual:
Blame Democrats.
Blame the media.
Tweet a WHOLE LOT.
Hold a Rally?

Ken

 
Old 03-03-2020, 12:40 PM
 
6,829 posts, read 2,115,831 times
Reputation: 2591
This was an admirable attempt by the Fed to keep markets afloat, it did not work. This means we're in for a world of hurt tomorrow with the markets.
 
Old 03-03-2020, 01:26 PM
 
Location: Lost in Montana *recalculating*...
19,743 posts, read 22,635,943 times
Reputation: 24902
Quote:
Originally Posted by t206 View Post
I know this was meant tongue in cheek, but InBev has been on a pretty steady decline for a few years now.
Might be a good time to buy. Not joking either.

2010
https://abcnews.go.com/Business/pizz...ry?id=12306684

Do you know what the difference is between a business owner and an entrepreneur?

A business owner operates a pizzeria.

An entrepreneur buys the pizzeria at discount and opens a marijuana bar next door.
 
Old 03-03-2020, 01:49 PM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,319,675 times
Reputation: 7627
These are examples of how something like the Corona virus impacts the economy directly:

"Google cancels its annual conference due to coronavirus

Google is cancelling in-person attendance for one of its most important events, Google IO, due to the spreading of the coronavirus, a company spokesperson confirmed. The company said in an email to attendees that it will refund those who bought tickets....

...Google is among a growing number of tech companies to postpone, alter or cancel big events because of the coronavirus. Facebook said on Thursday that it canceled its annual F8 software developer conference. Google announced Monday that its Google Cloud Next 2020 event that was scheduled for April 6 through April 8 in San Francisco will now only be held virtually “out of an abundance of caution for the health and safety.” It came after the company cancelled its internal sales conference scheduled for Las Vegas in April and its Global News Initiative Summit scheduled for May in Sunnyvale, California...."


https://www.cnbc.com/2020/03/03/goog...ronavirus.html

This event was expected to draw 17,000:

"Austin business owners call for a postponement of SXSW, citing coronavirus concerns

AUSTIN (KXAN) — Some Austin business owners are calling for a postponement of all 2020 South by Southwest events due to ongoing global coronavirus concerns.

A cancellation would have tremendous financial repercussions on the city: The annual festival increased its economic impact to the City of Austin to $355.9 million in 2019, according to an analysis by Greyhill Advisors and South by Southwest...."


https://www.kxan.com/news/coronaviru...irus-concerns/



Ken
 
Old 03-03-2020, 01:52 PM
 
Location: Sonoran Desert
39,075 posts, read 51,199,205 times
Reputation: 28314
Quote:
Originally Posted by LordBalfor View Post
These are examples of how something like the Corona virus impacts the economy directly:

"Google cancels its annual conference due to coronavirus

Google is cancelling in-person attendance for one of its most important events, Google IO, due to the spreading of the coronavirus, a company spokesperson confirmed. The company said in an email to attendees that it will refund those who bought tickets....

...Google is among a growing number of tech companies to postpone, alter or cancel big events because of the coronavirus. Facebook said on Thursday that it canceled its annual F8 software developer conference. Google announced Monday that its Google Cloud Next 2020 event that was scheduled for April 6 through April 8 in San Francisco will now only be held virtually “out of an abundance of caution for the health and safety.” It came after the company cancelled its internal sales conference scheduled for Las Vegas in April and its Global News Initiative Summit scheduled for May in Sunnyvale, California...."


https://www.cnbc.com/2020/03/03/goog...ronavirus.html

Ken
The Virus is going to be really hard on Las Vegas.
 
Old 03-03-2020, 01:56 PM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,319,675 times
Reputation: 7627
Quote:
Originally Posted by Ponderosa View Post
The Virus is going to be really hard on Las Vegas.
Yup and other places around the country as well. Here's the "Top Ten" conference cities in the US:

https://medium.com/@shannonkelly_804...9-ea6aa2fd4edd

Ken
 
Old 03-03-2020, 02:13 PM
 
Location: sumter
12,966 posts, read 9,645,364 times
Reputation: 10432
Quote:
Originally Posted by Mister 7 View Post
Hah, just as I predicted Friday. Knew it would rebound quite nicely.

I'm sorry, I guess, to those of you who were happy that Americans were losing money over a pandemic panic.

Trump 2020!
I see you haven't learned a thing, about the bragging and boasting over the markets. You can be all giddy one day, and eggs all over your face the next.
 
Old 03-03-2020, 02:16 PM
 
Location: alexandria, VA
16,352 posts, read 8,088,686 times
Reputation: 9726
Quote:
Originally Posted by ipaper View Post
I see you haven't learned a thing, about the bragging and boasting over the markets. You can be all giddy one day, and eggs all over your face the next.
Whipsawed.
 
Old 03-03-2020, 02:17 PM
 
Location: sumter
12,966 posts, read 9,645,364 times
Reputation: 10432
A rates cut was no cure for the coronavirus uncertainty, the cut can't fix that and all the fear around it.
 
Old 03-03-2020, 02:26 PM
 
Location: sumter
12,966 posts, read 9,645,364 times
Reputation: 10432
Quote:
Originally Posted by JAMS14 View Post
I wonder how many of those fools believe it. Probably all of them.
I know, right? All those people from all over the place. Out all those folks, I know somebody was in that crowd coughing and hacking and spreading germs. And I'm speaking generally, not saying it would be from the coronavirus.
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