Umm markets sinking

[Robertbarlage]

Wtf happened today dow down 900 oil 10bucks?

[tweety]

Wtf happened today dow down 900 oil 10bucks?

South African Variant B.1.1.529 SARS-CoV-2 fears. Looks bad. 30 mutations on the spike protein, transmissibility being the concern so far.

Please don't ban me - but that is the reason.

[Robertbarlage]

African covid blame but seems pretty hard hit

[tweety]

African covid blame but seems pretty hard hit

Shows the significance of the mutation.

Edit: I mean the fear of the mutation.

Will grain markets be affected?

[agstar77]

Buying opportunity? Maybe. Grain markets pulled back but not very convincingly.

[tubs]

Traders in the US took the day off . markets recovering nicely

[WiltonRanch]

South African Variant B.1.1.529 SARS-CoV-2 fears. Looks bad. 30 mutations on the spike protein, transmissibility being the concern so far.

Please don't ban me - but that is the reason.

Yes a bit of a knee jerk reaction until they know the full scope of the mutation. Peloton Netflix and Doordash stocks up though.

[tweety]

Yes a bit of a knee jerk reaction until they know the full scope of the mutation. Peloton Netflix and Doordash stocks up though.

Peleton - really should have seen that one coming.


We were supposed to be all divorced, dow at 1700, houses for 50,000 bucks.

[errolanderson]

Grains did quite well considering a $10 washout in oil and Dow off more than 1,000 points mid-morning. Corn futures were actually up on fresh export business. Minneapolis spring wheat recovered nicely off early morning lows as did canola. Impressive, considering fallout in outside financials.

But stock investors hate uncertainty especially if Covid presents another surprise . . . if the Fed tampers (which it will) . . . if the U.S. government shuts down and should the U.S. debt ceiling drama intensify. All these issues are unresolved.

Monday, Monday . . . what will it bring?

[BTO780]

Let crude keep sinking, maybe fuel will be one cheap thing come spring. Nothing else is looking like that at this time.

[tweety]

Agstar Ban him 😆 🤣


Or move the discussion to rural issues since the 'C' word was mentioned and this thread already exists.

Or grow up.

[WiltonRanch]

Midway through this crisis one of the mantras was we would learn to live with it. Albeit this news dropped the markets, I’m thinking this is a holdover from the old panic or maybe some profit taking by the sharks. Eventually everyone learns this is life moving forward or we simply get punch drunk and get on with it. No one can live under this cloud forever, and humans have the ability to adapt and move on. The media, conspiracy theorists, and powers that be better realize this or the fear they’re selling becomes moot and they look like fools.

[checking]

Agstar Ban him 😆 🤣


Or move the discussion to rural issues since the 'C' word was mentioned and this thread already exists.

Are you okay?

Or is this result of the collision of woodpecker wings fluttering around in the mind of the one issue John Galt.

[fjlip]

Market actions on the news of, you know "the thing" from S Africa, should be absolutely OBVIOUS that "the thing" affects investments, marketing, incomes, costs and should NOT be banned or isolated from any discussions. Cost us all potential $$$ in hours.

[Rareearth]

Not a good day for grain markets.
Up strong over night and down hard today, ouch