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Re:2020 Stock Market Crash by takeda on Monday March 16, 2020 @01:52PM (#22595287)
Corona was what broke the camel's back, the stock already was struggling before.
Re:2020 Stock Market Crash by dilyevsky on Monday March 16, 2020 @01:56PM (#22595327)
It’s a 1000kg weight that broke camels back
Re:2020 Stock Market Crash by smegger001 on Monday March 16, 2020 @09:31PM (#22600527)
a straw would have broken the financial system camels back unfortunately it just got hit in the head by a corona brick
Re:2020 Stock Market Crash by burntoutfire on Monday March 16, 2020 @02:19PM (#22595625)
SP500 rose over 10% in the 6 months preceding the corona outbreak - how is that struggling?
Re:2020 Stock Market Crash by takeda on Monday March 16, 2020 @07:05PM (#22599209)
It was struggling in late 2018 (after the sugar rush of tax cut ended) and 2019. FED was lowering interest rates to make it look better even though other indicators were looking bad.