How bad is the stock market sell-off?

How bad is this drop vs. 2007-2009?

What has concerned investors is the swiftness of the latest leg down. It took just 16 trading days for the S&P 500 to plunge into a bear, defined as a 20% fall from a recent peak. That was nearly twice as fast as the stock market's topple into a bear in 1929, according to LPL Financial.Stocks have lost most of those gains. As of Monday, the S&P 500 is up about 11.5% since Election Day on Nov. 8, 2016. At its high on February 19, it had gained nearly 60% from Election Day.

To be sure, because the U.S. economy entered 2020 on a strong footing, economists forecast that this downturn will likely be shorter than the recession following the global financial crisis, which lasted 18 months. Goldman Sachs expects growth to rebound 3% and 4%, respectively, in the third and fourth quarters. For the full-year, their forecast was lowered to 0.4% growth, down from 1.2%.Wealth advisors have advice: Stay the course and remain calm.

If you feel like you can’t stomach the recent losses, you may need to readjust your allocations to make sure you’re invested for the long haul, experts say.First-time homebuyers and refinancers are set to benefit as interest rates have fallen back to record lows, a move that will cut borrowing costs even further on mortgages.

It should be bad SF shut down the entire state and more will follow.

Masks & gloves should be handed out 2 everyone whenever we come in contact w/ other people. practicewhatyoupreacher economy dominoeffect onebyone. This is worst than 911, theinvisibleenemy theBannonbeast bottomout. Trump said wewillallgodown.dontletcovid19stopyourvote

no offense but when a major hurricane hits Florida 1 or 2 times a year the state and the economy shuts down for a week or two and then everything goes back to normal. restaurants and stores try to open asap but sometimes it doesn’t happen...suck it up buttercups 🌷

I’m just sitting here in my house waiting for the dope who says it’s Trumps fault.

Corona consequences 👎

Don’t panic. The market will come back. It always does.

That guy should not be touching his face.

The world is trying to correct itself everything has gotten way out of control and a depression will take care of that

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Stock market live updates: Futures hit 'limit down,' ETFs point to massive losses at the open“Markets should continue to function through times like this,” SEC Chair Jay Clayton says. He adds that “health and safety is paramount.” The market should wash its hands and social distance if it doesn’t want to spread the virus. Hopefully they will halt the markets for next few weeks with this fake hysteria, The WS white collar Taliban and their Russian programmed algos gone wild, while retiree investments are getting wiped out, I warned algos were national national security threat years ago.. JoeSquawk Why does CNBC always bring Navarro on the show? He doesn’t answer any questions, all you get is campaign rhetoric
La source: CNBC - 🏆 12. / 72 Lire la suite »

Stock market live updates: Stocks re-open after halt, Dow drops 2,700, S&P tanks 11%A conversation about the latest market news, including the massive sell-off in stocks and a giant monetary stimulus package from the Fed. Third time's the charm? cricket chirps* What happened to the free market? Oh no supply and demand is doing something the capitalists don't like, shut it off! This shit is all fake
La source: CNBC - 🏆 12. / 72 Lire la suite »

Stock market live Monday: Dow drops 13%, Trump says recession possible, trading halted at openA conversation about the latest market news, including the massive sell-off in stocks and a giant monetary stimulus package from the Fed. GuyAdami timseymour 🐻 GuyAdami timseymour Bond market the space to watch ..... GuyAdami timseymour Great insight gentlemen. Sometimes these things seem logical or obvious... sometimes we still need reminders.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Opinion: Forget 2008, this stock market sell-off is 2001 all over again'We will all need to be patient and hunker down. This will eventually end, and life will return to something resembling normal. So will the economy and stock market,' writes CNN's LaMonicaBuzz LaMonicaBuzz Going back to 'normal' is what worries me. Normal got us here. No healthcare, corporations controlling the world, billionaires deciding who lives and who dies. LaMonicaBuzz Lots of bots on this thread. Putin must have gone all out because of the election. LaMonicaBuzz Normal for us minnions
La source: CNN - 🏆 4. / 95 Lire la suite »