Personal Finance and Investing

A HERETIC I AM

(24,743 posts) Thu Feb 27, 2020, 11:04 AM Feb 2020

Interesting article on Yahoo Finance

“Something ‘Dangerous’ is happening beneath the surface of the market selloff”

This is but one opinion, so prudence demands this being taken with a grain of salt, but it is an interesting analysis

https://finance.yahoo.com/news/market-asset-correlation-changes-stocks-bonds-gold-bitcoin-peter-tchir-120837786.html

9 replies

= new reply since forum marked as read

Highlight:

Interesting article on Yahoo Finance (Original Post) A HERETIC I AM Feb 2020 OP

The market was overdue for a correction Sherman A1 Feb 2020 #1

As was mentioned somewhere... A HERETIC I AM Feb 2020 #2

And the 3rd biggest economy (Japan) is headed that way. All schools closed from now progree Feb 2020 #5

I was just in the car a bit ago and heard that. A HERETIC I AM Feb 2020 #6

THIS!! NeoGreen Feb 2020 #9

I just looked at the article you posted and it didn't mention S. Korea A HERETIC I AM Feb 2020 #7

I always get the feeling those analysts are safeinOhio Feb 2020 #3

Yeah... A HERETIC I AM Feb 2020 #4

I have heard the word recession mentioned question everything Feb 2020 #8

Sherman A1

(38,958 posts)

1. The market was overdue for a correction

Reply to A HERETIC I AM (Original post)

Thu Feb 27, 2020, 11:12 AM

Feb 2020

And I’m sure many other factors are in play as well.

A HERETIC I AM

(24,743 posts)

2. As was mentioned somewhere...

Reply to Sherman A1 (Reply #1)

Thu Feb 27, 2020, 11:32 AM

Feb 2020

The second largest economy in the world has been essentially idled.

progree

(11,680 posts)

5. And the 3rd biggest economy (Japan) is headed that way. All schools closed from now

Reply to A HERETIC I AM (Reply #2)

Thu Feb 27, 2020, 11:55 AM

Feb 2020

through March. Which makes their parents less productive as they scramble to try to provide for childcare.

https://www.thestreet.com/world/coronavirus-japan-school-saudi-arabia-mecca-pilgrimages

Japan Prime Minister Shinzo Abe ordered all schools in the country closed through March, making it the second country to shutter schools nationwide. Cases have been confirmed in at least 47 countries so far.

At a quick read I didn't see what the first country to shut schools nationwide is. S. Korea?

A HERETIC I AM

(24,743 posts)

6. I was just in the car a bit ago and heard that.

Reply to progree (Reply #5)

Thu Feb 27, 2020, 01:44 PM

Feb 2020

Not good, no doubt.

Just looked and the DJIA has climbed back quite a bit from its earlier low.

https://finance.yahoo.com/quote/%5EDJI?p=^DJI

I'm not going to make any predictions on how far or long this selloff will go, but I sure as hell want to see Tesla fall back so I can buy it again!!