Coronavirus: when do we reach the bottom of the dip?

Time for the same in S&P500 :wink:

yeah, because it makes perfect sense :upside_down_face:

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It actually does. Stock indexes frontrun the decline of USD value. Just look at the DXY chart:

Once again, “cash is trash”.

I’m observing the markets since about 2007. Honestly speaking, I feel so uncomfortable with what’s going on, that it is very hard to start investing, as I have a feeling of putting money into the black hole. Creating money from the air will not end well, that’s for sure, but of course nobody knows when it will happen and how. Hyperinflation, war, anything else? I have no idea how to prepare for that, I guess diversification is the only option, so I guess I need to start investing at some point


Hasn’t that always been the case?

The market always feels insecure.

The answer is asset allocation and diversification. And btw remember that stocks returned inflation-adjusted 8% on average long term, and this includes: great depression two world wars, huge inflation of 70s, dot-com bubble, 9/11, 2008, and dozens of other crisises and bear markets. It can be painful, but if you’re in it for long-term, most likely you’ll be fine. Otherwise, God save us all.

Besides without financial markets governments wouldn’t be able to finance the modern welfare state, so it’s very unlikely that governments will ever let the stock market die.

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I never knew I wanted to be a paperclip tycoon until now.

I hate myself. But at least apparently I understand now that money isn’t everything :smiley:

14:35 – G20 leaders have released a final statement after their virtual summit in which they said:

  • G20 nations to inject $5 trillion into global economy

  • G20 will do whatever it takes to overcome coronavirus pandemic

  • G20 is committed to presenting a united front against coronavirus

  • G20 leaders are committed to restoring confidence, preserving financial stability, reviving growth and recovering stronger

  • G20 leaders are committed to protect lives, safeguard jobs and income

Full story here: https://www.arabnews.com/node/1647786/saudi-arabia

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Please, somebody, make me stop playing this! :weary:

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From words it’s far to actions, from actions it’s far to results.

I don’t want to spoil it
but I’m on the next phase with 510million ppclips and counting


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Damn
I’m hooked to this game since more than an hour


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Good, it didn’t work on mobile browser. I haven’t even started.

don’t!
There is an android version though


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The current market feels wrong. We had a 20% correction in 2018 and now are only looking at -25%? With the possibility of the greatest economical shutdown of all time?

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Don’t know what should this mean
 anyway, I’m not waiting 2h35 :stuck_out_tongue:

The Earth still exists?

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you played for 2 h and 35min! :smiley:

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Time well spent, AND his assets recovered another 4% without even looking! :smiley:


PS I find this hilarious
https://finance.yahoo.com/news/zoom-technologies-trading-suspended-ticker-150501270.html
“The similar names had caused confusion, leading some investors to purchase shares in the wrong company”
Reminds me of last year, when it seemed like Slack (WORK ticker) was dropping because WeWork was tossed around the media. :sweat_smile:

Can there actually be anything legally reconciled, for people’s stupidity?

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