📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Squeaky bum time!

Options
1252628303145

Comments

  • Mick70
    Mick70 Posts: 743 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    In most papers today that could last the full year 
  • Kendall80
    Kendall80 Posts: 965 Forumite
    Ninth Anniversary 500 Posts Name Dropper
    Yeah, that stimulus package went down like a lead balloon. Rather like travel/tourism stocks are doing...

    US futures already at their 5% limit down levels. Could we see another >2000 point fall on the Dow today...?
    Survival package there's nothing to stimulate.......
    Quite... sitting at home with not a lot going on at work right now... at least not a lot positive...

    Wonder when Vanguard's FTSE250 tracker might be worth a punt...
    Never invest as a punt. Always have a reason to trade. 
    Flippant choice of words on an otherwise very serious day. Was actually reading a Fool article on the 250 as a good opportunity buy, but yes,
    you'd need a strong stomach for mid caps right now...

    I dont think i've ever read a fool article that was worth the time spent. Full of shorters talking up/down a stock that they've an interest in.
  • ratechaser
    ratechaser Posts: 1,674 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    Kendall80 said:
    Yeah, that stimulus package went down like a lead balloon. Rather like travel/tourism stocks are doing...

    US futures already at their 5% limit down levels. Could we see another >2000 point fall on the Dow today...?
    Survival package there's nothing to stimulate.......
    Quite... sitting at home with not a lot going on at work right now... at least not a lot positive...

    Wonder when Vanguard's FTSE250 tracker might be worth a punt...
    Never invest as a punt. Always have a reason to trade. 
    Flippant choice of words on an otherwise very serious day. Was actually reading a Fool article on the 250 as a good opportunity buy, but yes,
    you'd need a strong stomach for mid caps right now...

    I dont think i've ever read a fool article that was worth the time spent. Full of shorters talking up/down a stock that they've an interest in.
    Tend to agree on specific stock articles, but then I'm not allowed to trade them anyway in my job...
  • When I look at the different market graphs, of late, for some reason I'm reminded of a child riding a bike with the stabilisers off for the first time. Out of the blocks there are a few wobbles but it looks okay before the inevitable crash. 
  • Mick70 said:
    In most papers today that could last the full year 
    Except nobody knows. And looking at how the Chinese and the Koreans seem to have got this largely under control now, I don’t understand why it should take a year. A coordinated international action should be able to sort the problem out. 
    The banks are forecasting 4th quarter revenue recovery. Of course they don’t know either but at least they don’t sell panic like the newspapers  
  • Bravepants
    Bravepants Posts: 1,642 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    As I understand it the Chinese need to keep working at staving off the second wave of infections.
    If you want to be rich, live like you're poor; if you want to be poor, live like you're rich.
  • m_c_s
    m_c_s Posts: 330 Forumite
    Part of the Furniture 100 Posts Name Dropper
    The Chinese are still struggling with containing outbreaks. Also interestingly one of the most successful nations so far in controlling the virus spread is Singapore. Singapore did not close it's schools so clearly there are different measures that may or may not be so effective.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 17 March 2020 at 7:02PM
    Mick70 said:
    In most papers today that could last the full year 
    Except nobody knows. And looking at how the Chinese and the Koreans seem to have got this largely under control now, I don’t understand why it should take a year. A coordinated international action should be able to sort the problem out. 

    Would you like to live under a regime of authoritarian law?  MSE would certainly not exist. 
    Going to take that long to have a vaccine available. 
  • Albermarle
    Albermarle Posts: 27,941 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    As I understand it the Chinese need to keep working at staving off the second wave of infections.
    If we are reasonably successful at suppressing the infection over the next two months , then there will be some relaxation of the measures . Then there will be a resurgence of the virus, probably after the Summer, and the measures will be re- introduced . The defining parameter will be how well the hospitals are  coping , especially the intensive care capacity. This cycle may happen three or four times until a vaccine is available. Could take 15/18 months before things get back to normal ?
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.