Coronavirus and Stock Markets - Thoughts?

https://www.madhedgefundtrader.com/hot-tips/

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Goldman Sachs to work from home

https://www.bloomberg.com/news/articles/2020-03-12/goldman-tells-employees-to-work-from-home-in-staggered-shifts

UK:

https://www.bloomberg.com/news/articles/2020-03-12/u-k-abandons-effort-to-contain-virus-moves-to-delay-the-worst

From the email sent by the Mad Hedge Fund Trader.

Trump Triggers Market Crash,

with a totally nonsensical Corona plan. Banning foreigners from the US will NOT stop the epidemic but WILL cause an instant recession, which the stock market is now hurriedly discounting. With 1,200 cases, this is an American virus now, not a foreign one or a Chinese one. The market has totally lost faith in the president, who did everything he could to duck responsibility. The US is short 100,000 ICU beds to deal with the coming surge in cases. No one has any test kits at the local level. We could already have 1 million cases and not know it.

Also:

Trump Classifies all Corona-Related Information,

making it a felony for scientists to disclose the true extent of the US epidemic. The logic was to prevent panic and not contradict what Trump was saying on a daily basis. When traders heard this, they panicked, taking the Dow Average down an extra 500 points. The markets want more accurate information, not less. Maybe if they don’t tell you, you won’t know your dead?

Find Out More

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This guy saved me from making big mistakes. It’s why I urged people to drop your email address and receive 5 simple insights into current affairs. I’m so thankful he provides this free part to his hussle.

You know if you click ‘find out what else is going on’ at the bottom of the email it takes you to all 5 tips he gives. The email shows two paragraphs then click and you get all five. It’s golden.

If only I had @Marsares 's bonus.

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Fed doing half a trillion dollars of repo today alone, a trillion over two days, just to keep liquidity going.

They are doing more than the combined sum of Quantitative Easing 1 in 2009, all in one day. Imagine how the crash would be like if they weren’t pumping all this money into the markets.

Fed also expect to reduce interest to zero.

We knew back in October 2019 rates were going to zero

Remember to call 0800-bonushotline for hourly updates. Call charges apply. Remember to ask an adult for permission.

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https://www.msn.com/en-us/news/other/canadas-justin-trudeau-is-self-isolating-while-his-wife-waits-on-coronavirus-test-results/ar-BB116Ba2

Apparently July/summertime ‘20 is the estimate on when to begin looking at that shopping list. Until then, enjoy the time not worrying & focus on other things, like how to cook burgers at home that taste as great as five guys

So, true story, I had a period in my life where I used to wake up in the middle of the night with new burger ideas and I wrote them down.

If you scroll far enough down my Google Keep, you’ll get to this section:

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I’ve only had the milkshakes from Five Guys which I like :+1:t3:
Need to try those burgers.

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Yes, I subscribed and check the five stories when they arrive. Very insightful!

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Fed to pump trillions of dollars into financial markets - Fed promises to pump trillions of dollars into financial markets

The Federal Reserve said it would pump trillions of dollars into the financial system in a dramatic response to signs of stress in short-term funding and US Treasury markets.

I see we’re at the full desperation stage now.

I just watched some of Boris Johnson’s press conference with scientific advisers by his side. I’m much more reassured by the UK’s measured evidence based approach than to the US politics and visuals one.

Yes, Trump’s got an election to fight this year, but I don’t think a European travel ban does anything to help him. Surely even the idiots aren’t convinced right?

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I keep reading this central bank is pumping money into the economy, that central bank is pumping money into the economy, and the other central bank is pumping money into the economy. I find it hard to see some of it to ever find the way to my pocket

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“No one knows how long it will last, and so people have a valid reason to sell,” said Burry, whose wager against mortgage securities was chronicled by Michael Lewis in “The Big Short: Inside the Doomsday Machine.” “If you are in stocks because they have been going up and because the central banks always could apply the brakes to any sell-off, well, the those pre-conditions are not currently valid.”

“I would say despite the viciousness of the sell-off, there has not been enough time for the buy-the-dip mentality to truly go away,” Burry said. “But the fear in the markets is being paralleled by growing fear of the virus, and the twofer is toxic to market sentiment.”

Source - https://finance.yahoo.com/news/big-short-michael-burry-bearish-101844573.html

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If you had a job and still have a job - that’s definitely money in your pocket. Usually government and bank stimulus is macro orientated. Underpin the economy to help keep individuals in employment and paying their bills.

Not everyone is reassured: