[Cog]

Seniors can generally avoid having their kids go through probate by using pay on death accounts and joint ownership of real property. My daughter will be able to avoid probate entirely.

[Newfie]

Think I need to schedule a call with my broker to look at rebalancing my portfolio. There will be some buying opportunities. I’m just not sure what they will be. Cruise lines are down 60% to 80%, that’s a bunch. But some may not survive and a lot of their customers are the worst hit demographic. So I’m not sure if that market.

[rockdoc123]

$this->bbcode_second_pass_quote('', 'P')ONZI SCHEME. Surely, you know how that works. The Markets were being inflated by this easy money way way beyond any realistic levels and that the Corona finally burst the bubble does NOT in any way void this dynamic. This sell off collapse is investors conceding that everthing was artificially manipulated to these incredibly high levels. So, no we are not all stupid

[onlooker]

Stock market shutdown, martial law or BAU ?

https://www.activistpost.com/2020/03/ne ... l-law.html

[asg70]

$this->bbcode_second_pass_quote('onlooker', 'S')tock market shutdown, martial law or BAU ?

https://www.activistpost.com/2020/03/ne ... l-law.html

[Plantagenet]

The virus impact is going to get much worse in the US. Infection numbers are increasing exponentially, doubling ever 6-8 days.

Most likely this will tend to drive the market even lower.....maybe a lot lower.

I think there may well be another big leg down in stocks, and I'm going to wait a bit before buying in.

Cheers!

[Outcast_Searcher]

$this->bbcode_second_pass_quote('Newfie', 'T')hink I need to schedule a call with my broker to look at rebalancing my portfolio. There will be some buying opportunities. I’m just not sure what they will be. Cruise lines are down 60% to 80%, that’s a bunch. But some may not survive and a lot of their customers are the worst hit demographic. So I’m not sure if that market.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('Cog', 'S')eniors can generally avoid having their kids go through probate by using pay on death accounts and joint ownership of real property. My daughter will be able to avoid probate entirely.

[GHung]

$this->bbcode_second_pass_quote('Outcast_Searcher', '.')..........

I am rather confident that this too will pass, and over 2 or 3 decades, that markets will continue to grow. I suspect we have much worse things we'll see as the new normal as AGW proceeds, though they may not hit as suddenly. For one thing, with the warming temperature, we could see more frequent pandemics, just like flood planes are changing.

[asg70]

Everyone has a different timetable for when LTG will bite.

[Pops]

$this->bbcode_second_pass_quote('asg70', 'E')veryone has a different timetable for when LTG will bite.

[Armageddon]

$this->bbcode_second_pass_quote('Plantagenet', 'T')he virus impact is going to get much worse in the US. Infection numbers are increasing exponentially, doubling ever 6-8 days.

Most likely this will tend to drive the market even lower.....maybe a lot lower.

I think there may well be another big leg down in stocks, and I'm going to wait a bit before buying in.

Cheers!

[copious.abundance]

With the following announcement, I am pretty sure we can now say with a high degree of certainty, that the time has officially arrived.

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program
$this->bbcode_second_pass_quote('', 'T')he Federal Reserve, saying “the coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States,” cut interest rates to near-zero on Sunday and launched a massive $700 billion quantitative easing program to shelter the economy from the effects of the virus.

Facing highly disrupted financial markets, the Fed also slashed the rate of emergency lending at the discount window for banks by 125 bps to 0.25%, and lengthened the term of loans to 90 days.

The new fed funds rate, used as a benchmark both for short-term lending for financial institutions and as a peg to many consume rates, will now be targeted at 0%-0.25%.

The Fed also cut reserve requirement ratios for thousands of banks to zero. In addition, in a global coordinated move by centrals banks, the Fed said the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank took action to enhance dollar liquidity around the world through existing dollar swap arrangements.

[Armageddon]

$this->bbcode_second_pass_quote('copious.abundance', 'W')ith the following announcement, I am pretty sure we can now say with a high degree of certainty, that the time has officially arrived.

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program
$this->bbcode_second_pass_quote('', 'T')he Federal Reserve, saying “the coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States,” cut interest rates to near-zero on Sunday and launched a massive $700 billion quantitative easing program to shelter the economy from the effects of the virus.

Facing highly disrupted financial markets, the Fed also slashed the rate of emergency lending at the discount window for banks by 125 bps to 0.25%, and lengthened the term of loans to 90 days.

The new fed funds rate, used as a benchmark both for short-term lending for financial institutions and as a peg to many consume rates, will now be targeted at 0%-0.25%.

The Fed also cut reserve requirement ratios for thousands of banks to zero. In addition, in a global coordinated move by centrals banks, the Fed said the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank took action to enhance dollar liquidity around the world through existing dollar swap arrangements.

[copious.abundance]

$this->bbcode_second_pass_quote('copious.abundance', '.')..
My new thesis I've been developing for the past several months is that yields on (at least some) US treasuries will follow those of other developed countries and head into negative territory. Though what the implications of that are, beyond that the bond market is pricing in long-term low growth and low inflation, I know not.

[Cog]

Zero interest rates do not mean we will be eating long pig. After the 2008 recession, we had very low interest rates for years and had economic growth. I'm confident and long.

[marmico]

$this->bbcode_second_pass_quote('', 'A')nybody who thinks this is all just because of some virus, isn't thinking hard enough. The virus is just an excuse.

[GHung]

$this->bbcode_second_pass_quote('marmico', '')$this->bbcode_second_pass_quote('', 'A')nybody who thinks this is all just because of some virus, isn't thinking hard enough. The virus is just an excuse.

[onlooker]

Total lockdown Europe!

https://www.independent.co.uk/news/worl ... 04656.html

[AirlinePilot]

I perfected the art of the Short in 08-09..did not make a lot then, but learned a TON. I am up Bigly this time by paying very close attention and using 2/3X leveraged ETF's. Its actually fun. What I am worried about now is the 'system". Hoping we dont crash much more than we have, but we have quite a ways to go yet and NO ONE knows what exactly the hit to the US/Global economy is going to be. IMHO its going to be large and not short term like a bunch of folks seem to think.