adil Posted March 9, 2020 Report Share Posted March 9, 2020 What is happening and why all markets are shooting down todaythan 2 week back when COIVID was at prime. Too much good buy when I dont have cash, wht is the next forecast for week to 1 month horizin? 2 Link to comment Share on other sites More sharing options...
Jefy Posted March 9, 2020 Report Share Posted March 9, 2020 I guess it is the oil price, no demand, but countries like Saudi Arabia are increasing the production. The trade-war has started. Be very careful with financial decisions. 2 Link to comment Share on other sites More sharing options...
Jefy Posted March 16, 2020 Report Share Posted March 16, 2020 - Crude oil prices sank the most since the Gulf war + Saudi Arabia increases export to drive dow prices - Trump's European travel ban - The number Covid-19 cases climbed sharply over the week - and a few more things @adil 2 1 Link to comment Share on other sites More sharing options...
Salarios Posted March 16, 2020 Report Share Posted March 16, 2020 (edited) @Xaf has already said it perfectly, but just to add a point: the method which the world will need to control the rapid spread of the COVID-19 pandemic, is exactly what will cause a global recession: a quarantine on a massive scale. Every industry will be negatively affected by the quarantine due to economic inactivity. Stock markets will continue to decline because of it (every 20% drop is called a "bear" market, and we'll see a lot of those), and experience in the past 40 years has shown that it takes about a year for a bear market to correct itself. Stock traders are trying to forcibly prevent a freefall by using a method called "circut-breakers" which temporarily halts trading to cool the markets (and we've had two of those in the past week) but still there is little hope. Don't invest right now, you'll lose money. Edited March 16, 2020 by Salarios Grammar 1 1 Link to comment Share on other sites More sharing options...
Javier M Posted March 17, 2020 Report Share Posted March 17, 2020 On 3/9/2020 at 7:00 PM, adil said: What is happening and why all markets are shooting down todaythan 2 week back when COIVID was at prime. Too much good buy when I dont have cash, wht is the next forecast for week to 1 month horizin? I could explain it but this podcast will do a better job than I do. https://www.nytimes.com/2020/03/16/podcasts/the-daily/coronavirus-recession.html 1 Link to comment Share on other sites More sharing options...
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