World stocks end worst week since 2008

World stocks end worst week since 2008

Stock markets globally continue to slide as fears of a possible coronavirus pandemic escalate. Over 83,000 people are now infected across 50 countries. The MSCI World index is down by around 9% since Monday, the worst week since 2008. The S&P 500 Index of U.S. stocks dropped 0.9% on Friday to end the week down 11.5%.

Skeptic
Skeptic
IvoryDove
IvoryDove 1 months

The stock market is more like betting on a horse race than making prudent investments. The horse owners (banks) know which horse will win long before the public.

John
John 1 months

Silence from the Trump supporters and Trump is deafening. Trump and his supporters are like all gamblers. When they're winning it's their skill and strategy that helps them win. When they're loosing its bad luck and somebody else's fault.

Jon
Jon 1 months

He loves to blame the Fed when he appointed the guy in charge 😂🤦‍♂️ During the corona virus press conference I think he talked more about the economy. He was claiming the democratic debate was why the stocks were dropping LOL. What a complete moron.

I Am Grug
I Am Grug 1 months

FUCKING CORONAVIRUS. And it’s only going to get worse.

Young Conservative
Young Conservative 1 months

Oh dear god, just went on Twitter and the echo chamber Dems are rabid lmao apparently the stock crash is ALLLL Trump's fault, never mind the fact he can't cure coronavirus over night 🙄 i''s not hard to understand, china (or significant parts of it) have been practically shut down, which means companies ca''t rely on trade and manufacturing from China anymore, which impacts the supply of products...

Seekster
Seekster 0 months

Hopefully this is a temporary blip and we see a recovery soon.

Barry Owen
Barry Owen 1 months

the market always over reacts

Michael Tatom
Michael Tatom 1 months

Manufacturing has been put on hold TEMPORARILY. By this time next month, all will be fine. Let the Democrats panic all they want.

Daddy Tito
Daddy Tito 0 months

Orang man virus. Heeeeeeeeeeeeeeeeeeeeeee.

Paris Cloud
Paris Cloud 1 months

It'll likely recovery quickly like it has before https://www.cnbc.com/2020/02/24/past-disease-outbreaks-show-investors-shoud-ignore-the-noise-of-coronavirus.html?__source=twitter%7Cmain

Forester_
Forester_ 1 months

I really hope this doesn't spiral out of control, what with the virus hype and everything being as it is.

Jay
Jay 0 months

Didn’t Muslim terrorist Obama just get through claiming he was responsible for the great American Economy 🤣🤪🦠🚑

DysfunctionalOrphan
DysfunctionalOrphan 1 months

its ok guys, Trump has chosen Mike "HIV" Pence to handle the corona virus thing

The Raven
The Raven 1 months

aka, rich people are too afraid to spend money.

is it 2021 yet?
is it 2021 yet? 1 months

Good thing funding is strong for CDC and other health services to quickly alleviate this stock market scare! Oh, damn. Nevermind . At least the 1% got some great tax breaks 😃

elimination chamber
elimination chamber 0 months

just glad that Trump and his cronies are getting what they deserve. loosing money bcs they are greedy piece's of shit.

Freyar H
Freyar H 0 months

I may not like the direction, but at least it is a buying opportunity for better performance in six months to a year. I do think that people are overreacting on the markets, but that is also overly common. There is a legitimate impact to business growth, but anything else doing well right now in response to the outbreak will be just as temporary. This eradicated the large gains from last year, but it will come back.

TehChuckles
TehChuckles 0 months

Funny that if the Global Corps did what Trump wanted them to do and pull their manufacturing out of China. We would of had a slower growth rate but would of dodged the Coronavirus crash.

White mana matters
White mana matters 1 months

There goes my lugnuts investment.

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