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NewsCenter28

(1,835 posts) Sun Mar 8, 2020, 11:09 PM Mar 2020

Complete meltdown in Global stocks as indices drop and set to drop 1000 points or more

Tomorrow may be cataclysmic on Wall Street. The green arrows should actually be red. So ignore that. Asia is in complete meltdown as well.

https://www.cnbc.com/pre-markets/

3 replies

= new reply since forum marked as read

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Complete meltdown in Global stocks as indices drop and set to drop 1000 points or more (Original Post) NewsCenter28 Mar 2020 OP

Does this also have to do with oil BigmanPigman Mar 2020 #1

Big time NewsCenter28 Mar 2020 #2

Apparently they have the same priorities as Team tRump. BigmanPigman Mar 2020 #3

BigmanPigman

(51,636 posts)

1. Does this also have to do with oil

Reply to NewsCenter28 (Original post)

Sun Mar 8, 2020, 11:22 PM

Mar 2020

and the Saudis/Russia? Or is it from the virus alone?

https://money.cnn.com/data/premarket/

NewsCenter28

(1,835 posts)

2. Big time

Reply to BigmanPigman (Reply #1)

Sun Mar 8, 2020, 11:25 PM

Mar 2020

That's why they are crashing through the floor. They view the oil crisis as worse than Corona apparently.

BigmanPigman

(51,636 posts)

3. Apparently they have the same priorities as Team tRump.

Reply to NewsCenter28 (Reply #2)

Sun Mar 8, 2020, 11:31 PM

Mar 2020

$$$$$ first, citizens' welfare is much further down on their priority list....that is until they are personally affected (like they catch it themselves).

Good article...
https://www.forbes.com/sites/rrapier/2020/03/08/what-was-russia-thinking-in-refusing-to-cut-oil-production/

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