Stock market has the worst day since 1987, despite FED intervention

Stock market has the worst day since 1987, despite FED intervention

Dow Jones plunged 10%, in its largest daily drop since 1987, ending a decade long bull run. Fear around the financial impacts of the Coronavirus is believed to have been a catalyst. Stocks jumped mid day after the Federal reserve announced a massive expansion to repo facilities, but the gains were quickly erased.

Viktor
Viktor
Solis Nigri
Solis Nigri 1 months

which means it's now a great time to buy myself some sweet cheap stocks!

Jason S Savitt
Jason S Savitt 1 months

And thus the roaring 20's ended before they began.

Blank Stairs
Blank Stairs 1 months

Well, you can't possibly blame Trump for a world economic collapse due to a Chinese virus....so, that's what we'll do. Sounds good everyone?! You've really gotta be a special kind of slow to blame Trump for the virus.

AbsentSal
AbsentSal 1 months

Let us grieve for our many companies that are too big to fail. and the taxpayers who must lift them up.

Seekster
Seekster 1 months

At the grocery store right now. Long lines and everyone stocking up on everything. Toilet paper and hand sanitizer are gone. Managed to grab some tissue boxes and disinfectant wipes. I keep hearing people talking and the word "crazy" keeps popping up.

500k
500k 1 months

Well damn that isn’t good

Decoy
Decoy 1 months

3 years, lasted longer than I thought

Small town conspiracy 1776
Small town conspiracy 1776 1 months

Almost like they (The FED) can’t produce enough money out of thin air to fix this problem....

Max Bants
Max Bants 1 months

"The bear will leave its cave forever"

Andrew 1010
Andrew 1010 1 months

BUY BUY BUY BABY!

Invidious
Invidious 1 months

It falls much more and I'm gonna start buying...

Cas The Demon
Cas The Demon 1 months

Random Last of Us article but okay. Everyone is too freaked out. We're gonna be fine.

Politicians are Hacks
Politicians are Hacks 1 months

Let's return to the gold standard.

Dan
Dan 1 months

It happened before, it is happening now, and it will happen again in the future. Press the panic button. (your belly button)

Ahamkara
Ahamkara 1 months

does somebody want to check that centre source? Are we blaming Joel for a recession?

Commodore
Commodore 1 months

I'm sure this is, in some way, the fault of the Dems and\or Obama

Better dead than red
Better dead than red 1 months

Sweet sweet collapse

.....
..... 1 months

All part of China's plan. CCP=DNC

Fin
Fin 1 months

Bought chlorox bout thirty years ago as a teen......with hs graduation . $$$... NEVER REGRETED HOLDING IT NEVER WILL SELL IT

Jen From Twitter
Jen From Twitter 1 months

Oh no has Trump failed like everyone predicted?!? Hahahahahaha told ya so!!!!

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