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Market Massacre: Oil Crashes 30%, VIX Explodes As S&P Craters
invite response
2020 Mar 9, 8:44am 2,934 views 83 comments
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81
HeadSet
2020 Mar 12, 6:37pm
HeadSet
2020 Mar 12, 6:37pm
The only reason I am upset is I am getting older and was planning on spending some of my investments this year.
And by this summer, you may still be able to.
And by this summer, you may still be able to.
82
Booger
2020 Mar 12, 6:38pm
Booger
2020 Mar 12, 6:38pm
HeadSet says
I also don't see this lasting long enough to cause divided cuts.
The only reason I am upset is I am getting older and was planning on spending some of my investments this year.
And by this summer, you may still be able to.
I also don't see this lasting long enough to cause divided cuts.
83
Eric Holder
2020 Jun 29, 12:29pm
Eric Holder
2020 Jun 29, 12:29pm
The economy is so bad:
My neighbor got a pre-declined credit card in the mail.
CEO's are now playing miniature golf.
Exxon-Mobil laid off 25 Congressmen.
I saw a Mormon with only one wife.
McDonald's is selling the 1/4 ouncer.
Angelina Jolie adopted a child from America.
Parents in Beverly Hills fired their nannies and learned their
children's names.
A truckload of Americans was caught sneaking into Mexico.
A picture is now only worth 200 words.
The Treasure Island casino in Las Vegas is now managed by Somali pirates.
And, finally...
I was so depressed last night thinking about the economy, wars, jobs, my
savings, Social Security, retirement funds, etc., I called the Suicide
Hotline. I got a call center in Afghanistan, and when I told them I was
suicidal, they got all excited, and asked if I could drive a truck.
My neighbor got a pre-declined credit card in the mail.
CEO's are now playing miniature golf.
Exxon-Mobil laid off 25 Congressmen.
I saw a Mormon with only one wife.
McDonald's is selling the 1/4 ouncer.
Angelina Jolie adopted a child from America.
Parents in Beverly Hills fired their nannies and learned their
children's names.
A truckload of Americans was caught sneaking into Mexico.
A picture is now only worth 200 words.
The Treasure Island casino in Las Vegas is now managed by Somali pirates.
And, finally...
I was so depressed last night thinking about the economy, wars, jobs, my
savings, Social Security, retirement funds, etc., I called the Suicide
Hotline. I got a call center in Afghanistan, and when I told them I was
suicidal, they got all excited, and asked if I could drive a truck.
« First « Previous Comments 81 - 83 of 83 Search these comments
Can't really figure out what is going on with oil. From earlier reading, it seems that the Saudis wanted Russia to cut production to keep prices high, but the Russians refused.
So in retaliation, the Saudis massively boost production? WTF?
Maybe this is an attempt by the Saudis to put Russian producers out of business. It's certainly going to kill the US fracking industry, which cannot profitably extract oil at these prices.
And why would cheap oil be bad for the stock market? Seems like it would be good for everyone except Exxon.
Does this have implications for the dollar and US foreign policy? What exactly is likely to happen?