S&P 500 triggers 15-minute trading halt for the second time this week

Re:S&P 500 triggers 15-minute trading halt for the second ti... by rayhendricks on Thursday March 12, 2020 @06:36PM (#22562669)

I’m perfectly fine with a >=50% loss in the market if it gets us to consider national paid sick leave and Medicare for all seriously.

We need to seriously reconsider the incentives of those who even if tested positive for Coronavirus would still not be able to miss work.

This is coming from someone whose nominal 401k portfolio is going down a Tesla per day. Why am I not upset?? — the infrastructure is still there; iMessage still works, AWS still works, there are still oil rigs in operation, it is just the amount of money we are willing to pay for securities has changed.

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Re:S&P 500 triggers 15-minute trading halt for the second ti... by stjohnswarts on Thursday March 12, 2020 @11:54PM (#22564565)

The problems is those people who don't like paid sick leave and m4a are zealots and it will take more than a pandemic to change their minds. They mind agree that government should help out when it comes to depression era issues but otherwise they don't want anything like that in "normal" economic times. I think the progressive mindset that most people have on reddit and HN are really only 10-20% of the population.

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Re:S&P 500 triggers 15-minute trading halt for the second ti... by taurath on Thursday March 12, 2020 @09:53PM (#22564032)

The primary organizing unit of the united states is the Business, not the family nor the individual.

[ Parent | on HN ]