Stock Market Blood Bath

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Jason

Re: Stock Market Blood Bath

Post by Jason »

Well, if they do get bailed out I hope the next time one of their planes crashes its into a Wuhan fish market.

wolf
Posts: 1102
Joined: Fri Jan 06, 2017 5:09 pm
Location: Germany

Re: Stock Market Blood Bath

Post by wolf »

Roubini about the needed fiscal stimulus in the US

https://youtu.be/LkrD76wl0Mo

ertyu
Posts: 2893
Joined: Sun Nov 13, 2016 2:31 am

Re: Stock Market Blood Bath

Post by ertyu »

Dalio wrote a thing about fiscal (US + Europe/JP/CN) too
https://www.linkedin.com/pulse/implicat ... -ray-dalio

edit: listened to the roubini talk. I don't know if I'm just a bear or what, but he seems completely correct to me.

SavingWithBabies
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Location: Midwest, USA

Re: Stock Market Blood Bath

Post by SavingWithBabies »

I don't have solid numbers either as its net worth (so income has been coming in) but from the most recent high to yesterday, down 24*% or so. So little worse than that if you factor in income (contracting though and there was a lull in hours so not that much worse).

I actually calculated 24.2% which matches the S&P 500 drop (from Jakob's post earlier) so you can guess about my investments! I'm holding the course though. No selling. Did a little buying on the way down (stocks and big chunk of BRK.B). Oh well. Now time to rebuild the cash buffer (want 2x expenses plus a bit, should have it soon) and then the cash war chest in anticipation of buying in at some point (but tired of catching a falling knife so...). After some reflection, I think I'll be careful about what I buy though.

steveo73
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Joined: Sat Jul 06, 2013 6:52 pm

Re: Stock Market Blood Bath

Post by steveo73 »

I've lost a tonne of money and it's going down further for sure. I know because I just sold some of my bonds and bought some shares.

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fiby41
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Re: Stock Market Blood Bath

Post by fiby41 »

-26.28%
Instead of doing these updates every few days I'll do them when another month's worth of expenses gets wiped away. 10 months left.

Nomad
Posts: 389
Joined: Wed May 16, 2018 5:23 pm
Location: UK

Re: Stock Market Blood Bath

Post by Nomad »

On my investment accounts, I'm down about 16.5% which is less than the markets are down - so I should be ok when this thing changes direction.

7Wannabe5
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Re: Stock Market Blood Bath

Post by 7Wannabe5 »

My tiny speculative investments in blockchain and bio-tech are doing fairly well. Of course, kind of likely I would have been more conventionally conservative if I was playing with a bigger roll. Also, better in the red than dead.

HalfCent
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Joined: Mon Dec 23, 2019 8:56 pm

Re: Stock Market Blood Bath

Post by HalfCent »

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HalfCent
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Joined: Mon Dec 23, 2019 8:56 pm

Re: Stock Market Blood Bath

Post by HalfCent »

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CS
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Joined: Sat Dec 29, 2012 10:24 pm

Re: Stock Market Blood Bath

Post by CS »

I don't even know if the peak is a rational place to measure this. I had gold, stocks, bonds, cash and ALL was up for a while (well cash wasn't, which was how I got a few % low on my aa (*shakes first at the sky*)).

I mean down from peak crazy land. It was not rational on any level.

HalfCent
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Joined: Mon Dec 23, 2019 8:56 pm

Re: Stock Market Blood Bath

Post by HalfCent »

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Last edited by HalfCent on Wed Apr 22, 2020 12:44 pm, edited 1 time in total.

HalfCent
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Re: Stock Market Blood Bath

Post by HalfCent »

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TheWanderingScholar
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Re: Stock Market Blood Bath

Post by TheWanderingScholar »

HalfCent wrote:
Wed Mar 18, 2020 9:03 pm
bing
Companies using cheap debt to create buybacks to inflate stock price, instead using debt to create a warchest, innovation/R&D, and create safety net in case of recession or economy crashing for some reason. Those that did got bit hard by this correction/recession, with companies like Tesla/Boeing/Uber being debt heavy with very little cash, being brutalized on the stock market.

As someone who has not entered the stock-market yet, because of unemployment, I would be eager to buy stocks now. Hopefully this city I had an interview with last week will contact me back for second interview aka physical/drug testing, and I get the job.

Gilberto de Piento
Posts: 1942
Joined: Tue Nov 12, 2013 10:23 pm

Re: Stock Market Blood Bath

Post by Gilberto de Piento »

Jobless claims up already.
Weekly jobless claims posted a significant increase last week, rising to 281,000 from the 211,000 a week ago.
That was the highest total since September 2017, according to the Labor Department.
https://www.cnbc.com/2020/03/19/weekly- ... laims.html

Lucky C
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Joined: Sat Apr 16, 2016 6:09 am

Re: Stock Market Blood Bath

Post by Lucky C »

And that's from last week (data ending March 14th)! I'm thinking that will be nothing compared to initial unemployment claims this week, to be printed next Thursday.

black_son_of_gray
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Joined: Fri Jan 02, 2015 7:39 pm

Re: Stock Market Blood Bath

Post by black_son_of_gray »

Mnuchin has floated the idea that unemployment could reach 20%.

ertyu
Posts: 2893
Joined: Sun Nov 13, 2016 2:31 am

Re: Stock Market Blood Bath

Post by ertyu »

I have a friend from Canada who was let go due to coronavirus. Called to apply for employment insurance first thing in the morning. 3.5 hours later was still on hold.

Jason

Re: Stock Market Blood Bath

Post by Jason »

If the US stock market is at this point come November, I'm starting to think that Donald Trump is going to find himself getting Herbert Hoovered.

CS
Posts: 709
Joined: Sat Dec 29, 2012 10:24 pm

Re: Stock Market Blood Bath

Post by CS »

The deaths and unemployment and depression will not help him either.

I'm a hard core introvert and I'm finally getting lonely.

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