2020 Mar 25, 9:29am
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As someone who grew up 10 minutes NYC....way too many people there are so self absorbed. Most of them don't give a crap about anyone but themselves. They'll be out an about any time the temperature goes above 60 and this is going to keep spreading.
Good! My 401(k) contributions will buy a LOT more stock then.
DOW floor at 18k? DOW went from approximate 14k to 7k in the 2009 downturn, so who's to say it can't go from 28k to 14k this time. Come to think of it, it's amazing we would consider 18k a "crash" when a mere 14k was all-time-high just 12 years ago.
LOL Dow up 20% since Monday. https://www.cnn.com/business/live-news/stock-market-news-today-032620/index.html
3M+ unemployment claims. Old people < Economy
I was furloughed and given a slip to get UE, but I haven't applied for it yet. And I think about 5 million out of the 8 million laid off in the last few weeks, feel the same way.