:eek2: thanks mate I feel much better knowing this :D
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massive news just out
Coronavirus Spurs China to Suspend Tours Abroad and Xi to Warn of a ‘Grave Situation’
China said on Saturday that it would suspend all tour groups and the sale of flight and hotel packages for its citizens headed overseas, starting on Monday.
https://www.nytimes.com/2020/01/25/w...ronavirus.html
wall st futures are implying a big fall monday
I suppose if they are killed before being dismembered they probably don't care too much. Though selling them in NZ is obviously illegal. Remember however to have seen in NZ souvenir shops the respective members of other animals which may be killed in NZ (like deer):
https://en.wikipedia.org/wiki/Tiger_penis
https://kiwiplaza.co.nz/shop/en/deer...zzle-60-s.html
On reflection - the sales of these things might even increase with the current scare. Who knows, it probably helps against the Corona virus as well as it helps against any other ailment it is used to cure?
I couldnt find a black Tuesday thread...
So yeh a bit worse today huh. Apparently 1% down but it feels worse. I'm surprised also how long it took , a nimble trader with shares or bonds couldve got out of a fair bit of stock if they'd chosen to yesterday (Monday).
It could be fun to start to seek out bargains at some stage though quite frankly prices would have to drop a long way before anything quality becomes a bargain. The markets have been surging ahead and they shouldnt even need an excuse to correct but of course they have found one now, and it appears the bear virus could also spread rapidly.
(It had to happen eventually)
Yes, hold on to your hats, this could be the real deal.
All that Central Banks have to do is cut interest rates further and markets will recover.
You read it here first - again. :)
Inverted yield curve is back apparently
Not good