[–] SpottyMatt ago (edited ago)
You are here.
Perhaps the efforts to "save the economy" will succeed, and then things will recover. People who believe this will be making & taking loans, and buying stocks. Especially foreign assets, as you can get a lot more of them for a dollar than you could before.
Perhaps those efforts will not succeed, in which case the US dollar will start to go down in value as inflation increases throughout the country as the Fed simply prints money to make up for economic activity that is not happening. People who believe this will be buying tangible assets like gold, silver, land, and of course guns and ammo.
The stock market is now neginning to show the beginnings of effects from supply-chain and economic disruption caused by the WuFlu shutdowns.
Go back to step five, and run through the rest of the steps again.
At least, that's what I think is going on.
[–] slowcrash101 0 points 1 point 1 point (+1|-0) ago
Ok but what's up with oil, you don't really believe that Russia and SA just decided willy nilly to tank the price of oil. I think some of it has to do with ceasing air travel and ships which consume copious amounts of fuel essentially 24/7, and that disruption has affected the market, but the price is artificially low. Buying oil futures now at what is essentially peak bottom one could make serious money when it rebounds, as air travel cannot be stopped indefinitely, and supply lines will stabilize.
[–] BjornIronside 0 points 3 points 3 points (+3|-0) ago
Two trillion dollars of bullshit.
The fed has the power to essentially buy stocks with unlimited funds.
Of course the market went up.
Unfortunately not far down the logical chain of consequences is a $100 loaf of bread.
USA is now the Wiemar Republic.