News for hackers. Stuff that matters.
Re:Dow Falls 2997 points worst drop since 1987 crash by zone411 on Monday March 16, 2020 @07:09PM (#22599259)
That's true but what's also true is that we found out in 2008 that there is much more correlation between asset classes than you might think.
Re:Dow Falls 2997 points worst drop since 1987 crash by rolltiide on Monday March 16, 2020 @07:23PM (#22599407)
2008 was a liquidity crisis and credit crunch so everything got margin called across asset classes, what’s great about 2020 is that hasn’t happened, yet. Great meaning the fireworks have yet to go off.
Re:Dow Falls 2997 points worst drop since 1987 crash by zone411 on Tuesday March 17, 2020 @02:07AM (#22602197)
Regardless of whether it happened or not, my point is still true. I made a chart for you with domestic stocks, emerging market stocks, gold, bonds, Bitcoin, treasuries and real estate: https://ibb.co/1LnG5Dv.

They all fell.