Indeed I would encourage people to buy lots of things. If consumers stop spending we'll be in real trouble. That's why I wholeheartedly support helicopter money and UBI payments.
Printable View
I am not sure how much of the share market rout is driven by individual investors. Perhaps this would be more so in the US and UK. However a great proportion of the private investors are of the older age groups. I wonder if this has made this particular market bear even worse. For the older age groups, the virus has been revealed as posing more of a threat of serious illness and indeed an existential threat.
$78m turnover so far - hardly the stuff of 1987!
Think of ice cream on a hot summer day, or a lovely warm log fire in a cabin with snow drifting down outside.
Unless of course you are in a highly leveraged or highly speculative stock - in which case, get out at all cost imo.
emergency meeting in japan , they been buying up heaps of equities and bonds debt etc over the years so all this tanking might be bad news for them.
looks like forced liquidation going on in bitcoin to raise funds , even gold
... looks like some people did beat me to it. Pity it is not possible to delete spare posts anymore.
companies with to much debt on there balance sheets probably at high risk of going bust now as credit drys up soon