/biz/ - Business & Finance

[Anonymous No.17903844]

uuuuh bros? I'm getting nervous

[Anonymous No.17903852]

>>17903844
buy the dip

[Anonymous No.17903862]

>>17903844
i still dont see anybody jumping off building, just alot of toilet paper buying

[Anonymous No.17903876]

>>17903852
based

[Anonymous No.17903881]

Why? According to this we're almost bottomed out.

[Anonymous No.17903892]

The SPY hasn't even dropped to Obama levels.

[Anonymous No.17903905]

>>17903844
people drew comparisons between 1987 flash crash and 1929
wonder what happened?

[Anonymous No.17903907]

>>17903852
I'm all dipped out. 100% EQUITIES right now. Sitting here smiling because this shit has been the biggest overreaction of all time. Fucking millenials, everything is the end of the world with them. This is NOTHING just a runny nose unless you are a 90yo cripple. Look at VIX. Bottom is in 18th March 2020. You're about to witness the greatest rebound in market history in the coming months.

[Anonymous No.17903938]

>>17903907
(you) are the reason this is definately not over.

[Anonymous No.17903947]

>>17903881
no?

[Anonymous No.17903961]

>>17903881
We are only preparing for dead cat.

[Anonymous No.17903988]

>>17903938
Tell me why it's so bad. Tell me why it's worse than the flu? Tell me why only a few hundred people have died? Tell me why

[Anonymous No.17903993]

>>17903938
learn to write proper English faggot

[Anonymous No.17904012]

>>17903988
thousands have died
"it only kills old people" is a retarded distraction because the majority of the western world is part of the elevated risk group. The median age of the EU is 40, USA 39.

[Anonymous No.17904022]

>>17903938
Yep. 10% bleed across the board, BTC to 3.8K, then Suterusu 10x's.

[Anonymous No.17904036]

>>17903844
Trump and Powell enacted the right course of action by injecting liquidity into the markets. In times of crisis; it is fear more than anything else that causes social collapse.

No, happeningtards, there isn't going to be hyperinflation due to 500 billion getting pumped into the markets everyday. The USD is stronger than ever.

No, happeningtards, the economy will not collapse due to quarantines being imposed all over the country. People will still have their jobs and not get pinkslipped.

No, happeningtards, the US will not go full wuhan mode with hospitals collapsing and people dying in the streets thanks to the prudent decision by Trump and the FDA to roll out drive thru testing.

By April, this will all be a nothingburger meme. All this panic and emergency stocking up of TP and food for a nonexistent incoming depression is just low IQ people both on here and irl flipping out over fake news drummed up by the msm to destroy the Trump admin. We'll pull through.

Happening canceled morons.

[Anonymous No.17904084]

>>17903988
It's the scapegoat. People have been irresponsible in a fake recovery for a decade and finally see their foolishness.
Case in point - Boeing has been using 98% of their free money to get loans to buy back their stocks.
Not investing in their employees or their infrastructure, but to artificially prop up their stock price.
Now there is a cough, which caused a tiny hiccup in global shipping, which made people panic, which jolted the All Holy Stock Market, which made people panic, which made the govt step in and deem the cough as a terrorist, which made people panic, which made the stock market dip, which made companies shit their pants and see that taking loans to buyback their shitty company's stock which is plummeting is fucking retarded.

[Anonymous No.17904102]

>>17903988
Pic related is death stat table. You're just eating up all the sensationalism like the over-reacting millennial that you are. If you are over 80 with an existing condition then you'll want to be careful but that's literally it.

[Anonymous No.17904114]

>>17903844
That's so far from accurate, we have so much farther to fall to be equivalent to 1929.

[Anonymous No.17904119]

>>17904036
Based and redpilled

[Anonymous No.17904122]

>>17904102

[Anonymous No.17904148]

>>17904114
duh
the drop doesnt stop where the chart ends, it just illustrates the near identical progression so far

[Anonymous No.17904164]

>>17903844
>scale y axis by one number
>scale x axis by another number
>look, the situation is THE SAME
lamo at this cope

[Anonymous No.17904181]

>>17904164
>what are proportions

[Anonymous No.17904205]

>>17903988
Deaths in US estimated at 1.1-1.2M if it isn't stopped: https://www.imperial.ac.uk/media/imperial-college/medicine/sph/ide/gida-fellowships/Imperial-College-COVID19-NPI-modelling-16-03-2020.pdf

[Anonymous No.17904248]

>>17904036
Based.

[Anonymous No.17904277]

>>17903844
Don't worry, bro. You're not going to need money where we're all heading.

[Anonymous No.17904294]

>>17904205
1M is still a fucking low shit number, who really cares

[Anonymous No.17904295]

>NOOOOOOOO!!!! IT CAN'T COLLAPSE
>IT'S MAKING PEOPLE GENUINELY UNCOMFORTABLE!!!!!
>NOOOOO!!! NOT MY HECKIN' STABLE SOCIETINO AND CENTRAL BANKERINO!!!!

[Anonymous No.17904318]

>>17904295
>NOOOOOO NOT THE OLD PEOPLE! NOT THE BOOMERINOS!! NOT THE HECKIN GOOD RETIREES!!!!

[Anonymous No.17904334]

>>17904205
Ok so maybe 1.2mil 80+ yo already-ill OAPs are going to die. What's the problem? They'll release their savings and inheritance to families. World will continue. You don't need to hoard 50 packs of toilet paper or stockpile baked beans.

[Anonymous No.17904439]

>>17903844
Pic is from an article from 2014

[Anonymous No.17904499]

>>17903852
Why would I buy something that's going to zero?

[Anonymous No.17904501]

>>17904439
except it's missing the most important aspect, the big drop

[Anonymous No.17904584]

>>17903907
>millennials are the ones liquidating millions of dollars worth of equities individually
>not baby boomers whom have made a fucking fortune from their 401k’s that are still up nearly 100% on their portfolios from the ‘08 crash
It’s not the 20-30y/o’s with a maybe couple thousand dollars in the stock market you need to be bitching about, gramps.

[Anonymous No.17904737]

>>17903907

i just wish i had more cash to throw in. my bank charges 7% on margin

[Anonymous No.17904767]

>>17904036

the happening is the panic. the virus already passed through in late 2019

[Anonymous No.17904783]

>>17904205

>give us academics shekels or it will be another shoah

[Anonymous No.17904785]

>>17903907
Do your fucking research dumbass boomer or enjoy poverty/die

[Anonymous No.17904805]

>>17903907
>millenials can afford stocks and don't live day to day
smfh boomer-san

[Anonymous No.17904822]

>>17903907
someone give this guy the coronavirus

[Anonymous No.17904846]

I don't genuinely get it why people keep comparing 2020 to 1920 for fuck's sake. You have any guess how did people actually buy stocks in 1920? How did they get the news? How did they know things are crashing? If it was 1920 we wouldn't even know there was a fucking flu in Wuhan yet.

2020 every fucking zoomer and their grandad have smartphones with 4g internet, buying and selling stocks with 1 click in internet.

[Anonymous No.17904863]

>>17903844
Why? Your chart shows that we just hit the bottom. It will only go up from here

[Anonymous No.17904872]

>>17904767

Yeah this wouldn't surprise me either. I went on a cruise over Christmas and remember calling in sick to work roughly 7 days after returning due to a crazy quick onset fever. I thought I was getting the flu but it never led to any vomitting or anything and mostly cleared up in a couple days. It was weird.

[Anonymous No.17904874]

>>17904012
intelligent, healthy, responsible and competent people aren’t. We exist and want it to spread

[Anonymous No.17904881]

>10% black
>5.45% red

[Anonymous No.17904888]

>>17903844
>thinks we will get an 8 mth bounce

[Anonymous No.17904915]

>>17904439
>2014
what's even the point of looking at that chart

[Anonymous No.17905109]

>>17904872
I had the same in late December crazy brutal flu with high fever but it only lasted 48h and was completely gone
I though it was the flu