News for hackers. Stuff that matters.
Re:Effect of economic crisis on America’s small businesses [... by SpicyLemonZest on Friday March 20, 2020 @10:28PM (#22643738)
It's not really possible for the market to drop only a little bit in response to half the economy shutting down. Stock prices are an expectation of future cash flows, so they have to drop on news that a huge chunk of those future cash flows are cancelled.
Re:Effect of economic crisis on America’s small businesses [... by codingslave on Friday March 20, 2020 @10:31PM (#22643753)
Look at Boeing stock.

Companies dropping 50% because they miss 3 months of revenue?

Re:Effect of economic crisis on America’s small businesses [... by sokoloff on Friday March 20, 2020 @10:34PM (#22643776)
If that 3 months risks a bankruptcy, that might be right. Long-run valuation for shareholders doesn’t matter if the bond-holders end up with the company.

I suspect this is a 12-24 month economic event, maybe longer before it fully rolls through.

Re:Effect of economic crisis on America’s small businesses [... by senordevnyc on Friday March 20, 2020 @10:37PM (#22643800)
It’s insane to think that Boeing will just return to normal in 3 months. This could depress air travel for years.