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Posted on 3/12/20 at 11:56 am to Redleg Guy
This reaction is going to allow me to retire years earlier.
Posted on 3/12/20 at 12:00 pm to wutangfinancial
Posted on 3/12/20 at 12:02 pm to deltaland
(no message)
This post was edited on 3/12/20 at 12:04 pm
Posted on 3/12/20 at 12:05 pm to MeatCleaverWeaver
Did something just happen?
The market went from 8% down to sub-4%.
The market went from 8% down to sub-4%.
Posted on 3/12/20 at 12:06 pm to Scruffy
Yeah it was down 2100 now down only 850.
Posted on 3/12/20 at 12:06 pm to Scruffy
quote:
Did something just happen? The market went from 8% down to sub-4%.
The news is out about the 8-hour testing. Maybe the vaccine going into Phase I in record time is getting factored in.
I didn't see anything else significant on the positive side.
Maybe new cases are flattening out domestically (although I doubt that at this point)?
Posted on 3/12/20 at 12:07 pm to Ace Midnight
quote:That is awesome. First I heard of it.
The news is out about the 8-hour testing.
Posted on 3/12/20 at 12:09 pm to Scruffy
quote:
Did something just happen?
The market went from 8% down to sub-4%.
Interesting.
Posted on 3/12/20 at 12:09 pm to Ace Midnight
Posted on 3/12/20 at 12:10 pm to Scruffy
volatile as hell. Suckers keep panicking, and sharps are fleecing them.
Posted on 3/12/20 at 12:11 pm to Ace Midnight
Fed injection announcement
Posted on 3/12/20 at 12:12 pm to Scruffy
Fed announced it would conduct purchases across a range of maturities to the tune of $500 billion in a three-month repo operation.
Posted on 3/12/20 at 12:12 pm to reo45
Posted on 3/12/20 at 12:17 pm to Scruffy
quote:
Did something just happen?
The Fed just injected $500B in cash to the funding market. Ya, no issues here. Just a virus, y'all
Posted on 3/12/20 at 12:20 pm to xXLSUXx
Half a trillion dollars? Fire up the printing presses.
Posted on 3/12/20 at 12:20 pm to wutangfinancial
quote:
wutangfinancial
The "financial" in your name always amuses me given how bad some of your posts are.
Posted on 3/12/20 at 12:22 pm to MusclesofBrussels
quote:
The "financial" in your name always amuses me
ok Silent Generation-er
Posted on 3/12/20 at 12:24 pm to wutangfinancial
quote:
The Fed just injected $500B in cash to the funding market. Ya, no issues here. Just a virus, y'all
Not just $500B today. Statement addresses an additional $1Trillion injection into the market tomorrow if I am reading it right.
$1.5 liquidity into the market just like that. Crazy
Posted on 3/12/20 at 12:24 pm to TigerCoon
quote:
volatile as hell. Suckers keep panicking, and sharps are fleecing them.
It's ridiculous. Economic fundamentals are fine.
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