rickudon Posted March 13, 2020 Share Posted March 13, 2020 I guess those who saw a 'buying opportunity' last week in the stock markets are regretting it now.... I think the economic fallout will get a lot worse, probably markets will fall 20% more by summer. By the end of the year i think the airline industry will look a bit different as well. Can you pick the survivors? Link to comment Share on other sites More sharing options...
gargamon Posted March 13, 2020 Share Posted March 13, 2020 3 hours ago, Berkshire said: Does Trump have any idea what the payroll tax is for? It funds social security and medicare, among other things. Of course he knows. His plan, assuming he is re-elected is to do away with social security and Medicare. That gives him a reason as there won't be enough money to pay for them. 1 Link to comment Share on other sites More sharing options...
Berkshire Posted March 13, 2020 Share Posted March 13, 2020 8 minutes ago, gargamon said: 4 hours ago, Berkshire said: Does Trump have any idea what the payroll tax is for? It funds social security and medicare, among other things. Of course he knows. His plan, assuming he is re-elected is to do away with social security and Medicare. That gives him a reason as there won't be enough money to pay for them. That would be amusing...except with Trump, anything is possible. Link to comment Share on other sites More sharing options...
Yinn Posted March 13, 2020 Share Posted March 13, 2020 (edited) Thai SET up today! 3+% SET 50 6%+ Edited March 13, 2020 by Yinn Link to comment Share on other sites More sharing options...
Berkshire Posted March 13, 2020 Share Posted March 13, 2020 (edited) 4 minutes ago, Yinn said: Thai SET up today! 3+% SET 50 6%+ I wouldn't get too excited. Most of the world's markets will probably see a temporary rebound after yesterday's thrashing. In investor's jargon, we call it a "dead cat bounce." Still a lot of uncertainty in the world. Edited March 13, 2020 by Berkshire Link to comment Share on other sites More sharing options...
Eric Loh Posted March 13, 2020 Share Posted March 13, 2020 43 minutes ago, Yinn said: Thai SET up today! 3+% SET 50 6%+ SET was down almost 10% in the morning session. The rebound probably due to Somkid’s announcement of a stabilizer fund to support the battered stock market. The investors still have confident in Thailand economy as seen by the 10 years bond yield climbing by 0.21% to 1.18%. The reverse can be said of the US economy. Link to comment Share on other sites More sharing options...
gargamon Posted March 13, 2020 Share Posted March 13, 2020 2 hours ago, Berkshire said: That would be amusing...except with Trump, anything is possible. Yup, he lets the truth out regularly https://markets.businessinsider.com/news/stocks/trump-cut-funding-entitlements-social-security-medicare-national-debt-reelection-2020-3-1028972301 Link to comment Share on other sites More sharing options...
3NUMBAS Posted March 13, 2020 Share Posted March 13, 2020 tha yanks have pumped a trillion $ into the markets but its not had much effect so far ,only a vaccine will turn it around . the brits are testing a vaccine and guinea pigs get paid £3800 a pop .hears hoping it works soon 1 Link to comment Share on other sites More sharing options...
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