Dow Falls 2997 points worst drop since 1987 crash

Re:Dow Falls 2997 points worst drop since 1987 crash by jusonchan on Monday March 16, 2020 @04:51PM (#22597593)

I'd say keep a close eye on the Coronavirus situation. If a vaccine is found and is effective, likely the market will calm down and hit the bottom. After that its about keeping the companies afloat until they can get their revenue back up again. Most likely the quantitative easing programs from the Fed will help in this regard.

[ Parent | on HN ]

Re:Dow Falls 2997 points worst drop since 1987 crash by ailideex on Monday March 16, 2020 @05:01PM (#22597718)

> If a vaccine is found and is effective, likely the market will calm down and hit the bottom.

Realistic timeline for this seems months.

[ Parent | on HN ]

Re:Dow Falls 2997 points worst drop since 1987 crash by jmull on Monday March 16, 2020 @05:31PM (#22598115)

An optimistic timeline is a vaccine will be available next year and I don’t think much of the market is looking that far ahead right now.

[ Parent | on HN ]

Re:Dow Falls 2997 points worst drop since 1987 crash by ailideex on Monday March 16, 2020 @05:48PM (#22598323)

By that time we may not even need it anymore.

[ Parent | on HN ]