Thread: Stocks tumble
View Single Post
 
Old 03-16-2020, 04:49 PM
ColdNoMore ColdNoMore is offline
Sage
Join Date: Apr 2016
Location: Between 466 & 466A
Posts: 10,509
Thanks: 82
Thanked 1,507 Times in 677 Posts
Default

Prime is now 0.0% - 0.25%.

"Money for nothin' and..."

We're now basically out of ammunition for stimulus, except for cutting those items (Social Security/Medicare/Medicaid/Etc.) that have been considered until now..."the third rail."

It will be interesting to see, who reaches in first...to be electrocuted.

I suppose some people might think another tax cut for the wealthy and corp's might help, so +-75% of companies can buy back even more stock...thereby helping the 51% of Americans who own stocks.

Not sure how that's gonna help the other 49% though.