Without checking the DOW industrials, I wonder how much of the drop is due to the pharma companies possibly having issues getting "stuff".
I always say, NEVER panic when the market takes a downturn. Too many folks PANIC and pull their money out at the same time, making it much worse
It's called a Hurricane hit (or something like that). When a big disaster hits, the markets ALL take a hit because people think that it will always be like this forever, which of course, doesn't make sense. Once things get back to normal, they slowly start buying again, but the damage is done to the markets. Hurricanes can be devastating and I think this epidemic CAN be horrific, but right now the most horrific thing is how governments are reacting versus the number of deaths, which is makes me wonder just how bad it is really.
I always hunker down and don't LOOK at my market portfolio. Only half of my retirement savings are in the stock market. The rest are in other things (financial) and I have more in physical investments and land investments.
I DO wonder if it's FAR worse than we're being told, like 'end of the world' kind of news that you just don't tell the general population because they'll just panic and burn everything down (like a meteor).
If it comes from the Faux Media, it's always a safe bet to look at the opposite of what they're reporting and go with that. You'll be right far more times than you'll be wrong. It's, probably, no where near as bad as they're saying, anyway.
As always, the Faux Media is trying to take out Trump with this corona virus by stating he's not prepared and isn't doing enough to protect us. (Odd how they are concerned about our safety now and still won't support a wall to protect us from illegal criminals they're inviting in and setting up sanctuaries for. Yeah, real odd....)
"Valar morghulis; valar dohaeris."
Commucrats are most efficient at converting sins and crimes to accidents or misunderstandings.-Oswald Bastable
Making good people helpless won't make bad people harmless.
Freedom isn't free.
"Attitude is the paintbrush that colors our world." TV Series, Haven.
My Spirit Animal has rabies.
I'd rather be an American than a Democrat.
"If you can make a man afraid, you can control him" Netflix Series, The Irregulars
The media lives a disaster I think in a few months we can add this to the extensive list if things that were supposed to kill all of us; satanic ritual abuse, gang initiations (flash headlights 3 times), killer bees, ozone hole, gloal cooling, global warming, Zika virus, Ebola virus, h1n1, sars, bird flu.......
The media loves this shit
"Valar morghulis; valar dohaeris."
Commucrats are most efficient at converting sins and crimes to accidents or misunderstandings.-Oswald Bastable
Making good people helpless won't make bad people harmless.
Freedom isn't free.
"Attitude is the paintbrush that colors our world." TV Series, Haven.
My Spirit Animal has rabies.
I'd rather be an American than a Democrat.
"If you can make a man afraid, you can control him" Netflix Series, The Irregulars
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