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Post by sadsaak on Mar 9, 2020 12:20:38 GMT
It isn't the bird flu, although money movers are timid buggers who bottle out over most everything. So under normal circumstances the markets should bounce back in a month or so.
However...
What has struck me is that it is twelve years since the last decent recession and this might be the start of the next one.
So do I buy a few shares or keep the money under the bed where it belongs? I am torn between my natural caution and hog like greed.
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Jason143
Junior Member
@glaceon
Posts: 1,242
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Post by Jason143 on Mar 9, 2020 13:36:55 GMT
I wouldn't. There doesn't seem to be a point in the near future when this whole virus outbreak is going to resolve. It could carry on for months or years.
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Post by sadsaak on Mar 10, 2020 12:41:47 GMT
I wouldn't. There doesn't seem to be a point in the near future when this whole virus outbreak is going to resolve. It could carry on for months or years. The Black Death went on for years but did not stop the Medieval traders making a groat or two. This hysteria over the recent flu outbreak is not merely unmanly, it is uneconomic.
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Jason143
Junior Member
@glaceon
Posts: 1,242
Likes: 610
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Post by Jason143 on Mar 10, 2020 14:54:19 GMT
I wouldn't. There doesn't seem to be a point in the near future when this whole virus outbreak is going to resolve. It could carry on for months or years. The Black Death went on for years but did not stop the Medieval traders making a groat or two. This hysteria over the recent flu outbreak is not merely unmanly, it is uneconomic. Comparing this to the black plague in medieval Europe is completely different. |
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loofapotato
Junior Member
@loofapotato
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Post by loofapotato on Mar 12, 2020 6:33:56 GMT
Great time to be a hedge fund investor
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