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Markets - Minor Correction? (Edit: Question Answered)

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Comments

  • quirkydeptless
    quirkydeptless Posts: 1,225 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 13 March 2020 at 6:22PM
    Hey, stock market, have you just done a double dip this week?


    Retired 1st July 2021.
    This is not investment advice.
    Your money may go "down and up and down and up and down and up and down ... down and up and down and up and down and up and down ... I got all tricked up and came up to this thing, lookin' so fire hot, a twenty out of ten..."
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 13 March 2020 at 6:33PM
    Future FIL runs a highly specialised electronics business.  Majority of finished product is exported out of China. Ordered product (built to customer specfication) is being rescheduled with expected delay in delivery times of 8 -10 weeks. Obvious implication is that this is going to ripple through the entire supply chain to the final customers. Even if the UK is clear of the virus by the end of May.  Likewise there's been a sharp reduction in repeat order volumes recently. Lost business is irrecoverable. 
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    Hey, stock market, have you just done a double dip this week?

    Just a mild plunge, to root out any complacency about the ease of making money from investing in share indices.
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