A Game-Changing Crash . . . .

[Marusko]

Lets put some actual numbers to Saskfarmer's claims. The Dow is down 12.9% since its all time high on Feb 17th. The TSX is off about 6.7% since its all time high on Feb 2oth. Keep drinking the koolaid Saskfarmer!

Dow Jones was up 28.9% in 2019 and the TSX was only up 19% in 2019, so no doubt the Dow had further to come back down.

Yeah... TSX still not even down to the lows of the dip over Dec '18 / Jan '19. The stock market is a yo-yo.

I'm more worried about what commodity markets are going to do, and what products will be made unavailable by disrupted supply chains this growing season.

[errolanderson]

Gold collapse in-progress . . . . what a mess . . . .

[errolanderson]

Toronto TSX index collapse in-progress . . . another mess . . . .

[bucket]

Toronto TSX index collapse in-progress . . . another mess . . . .

No worries...the trust fund kiddies say it is all good....not a phucking clue about how to build wealth from this country's resource wealth, intelligence of people, safety of overall living...

It is depressing when a country can't fire on 8 cylinders and the guys running the show are pulling spark plugs to limp an economy into a recession on purpose...

[6V53]

Just think this could make Justin Trudeau a millionaire, isn't he a billionaire now ?

[bucket]

Tesla down 31% today . . . takes your breath away.

Maybe the eco-radicals realized the power infrastructure isn't there to charge a car at every household. ..

Will require a full rebuild according to a BC hydro executive. ..


And while electric vehicles use public roadways they pay no road tax when you consider the incentive required for people to buy them.

[macdon02]

Bottom in grains. Buy with both hands.

[GDR]

Gold collapse in-progress . . . . what a mess . . . .

If gold is the usual safety vehicle, where is all the money going that's leaving equities and commodities? Just to cash?

[macdon02]

It appears the masses believe in govt not defaulting on debt. It's gonna take a bit yet but from the frying pan into the fire as they say. Heard about a 400k margin call this morning. The collapse of crude will affect the world's govt ability to make interest charges. This is a perfect storm and it's gonna rattle the boomer generation to its core. We have never been here.

[biglentil]

Tesla and others were in a massive bubble created by the Feds easy monetary policy and I Can't Believe Its Not QE. The coronavirus pricked a bubble that looked like it was on the verge of was popping anyway. No different than when Lehman Bros triggered a US housing sector collapse in 2008. All you have to do is look at what happened between 2008 and 2011 to see what comes next. Canadian resources soared as well as the Cansdian $.