Another recession warning

That’s not true. Airlines and tourism are immediately effected. Manufacturing as well.

The question here is about duration, and flare ups in other countries, including our own. If we have a flare up ad have to start restricting travel and cancelling public events, bombs away…

Hope it doesn’t shake out that way. Watching Sen. Kennedy question the head of the DHS did not give me any confidence though.

The problem with selling, if you’re up is you pay taxes.

So if your taking profits, take off another 15% or more if your short term due to tax liability

Selling can be just as expensive as holding if not more

It’s the tail that wags the dog.

That presumes we won’t benefit from tourists from other countries who can’t go to China and Americans who might have gone to China who decide to spend their vacations in the US.

True. I’m sure not all will re-direct, but some certainly could.

No, manufacturing problems will be much slower to show up because of the fact most will have a stockpile of components and parts made in China manufactured before the virus hit and a good many will just have to get them from other sources.

There will be less of an impact because many manufacturers left China and others found non Chinese producers due to the trade war.

The Dow was down today again. It is now down at 26,958. Hopefully, it will rebound tomorrow.

All in reaction to the effects of the Coronavirus outbreak. It will recover when we see just how big an effect there is on the supply chain.

5 days later. :man_shrugging:

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Wanna bet on the plant being a gun free zone?

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Probability is high, just like a mass shooting occurring this week.

:man_shrugging:

dow futures are down another 170 right now

Well this didn"t help:

But it’s okay. Trump just announced that a lot of the over two thousand point drop in three days is because of Democrats.

dow futures show a drop of 450 on the open.
goldman expects no earnings growth for companies this year

We are now down below where we were in January of 2018. That’s two lost years.

I see libs are celebrating their economic miracle,

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:zzz:

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Should we ignore the very important financial story that the DOW is back to January 2018 levels? Especially keeping in mind that Trump has constantly touted how great the stock market. This was him on Monday:

https://twitter.com/realDonaldTrump/status/1232058127740174339

Be happy…democrats got what they wanted.

Old saying they have…never allow a crisis go to waste.

“Finally!” :rofl:

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