Many people's initial reaction to"the markets" is that they are not directly affected, because they do not invest money.
It was the first US rate cut outside of a regularly scheduled policy meeting since the global financial crisis in 2008. "They [the Fed] pulled out whatever weapons they had and my sense is I think it may help initially but I don't think it goes much further because this is still a developing issue. They used up basically all their ammunition and we're down to sticks and stones," said Robert Pavlik, chief investment strategist at Slatestone Wealth.
Andrew Sentance - a former member of the Bank of England's Monetary Policy Committee, which sets interest rates - told the BBC's Today programme that banks were acting to ensure enough credit was flowing.
They should shut the stock markets these investors and share holders are not thinking of others or the future
BBCPolitics Millions of people's lives are at risk, stocks 'plunging' is of no consequence in comparison.
Great, we can all spend the next ten years saying how the Tories crashed the economy!
bbclaurak To quote George Bush back in 2008: 'This sucker could go down'.
bbclaurak Always money to be made, those vultures will carry on selling us short until the plug is pulled.
This has to stop. There is not a need for this to happen it is purely a few self serving individuals making profits on the misery of others. Name and shame them!
bbclaurak when are these Central Bankers going to learn? The world, even the greedy markets, did not want or need more stupidly cheap money. They are destroying the functioning of markets. If they close markets, that will be the final sign that they are in a state of total panic.
More stock market turmoil due to coronavirus chaos🤔 Meaning it's a great time to invest in start-ups! 2008 financial crisis was a MAJOR peak in the start-up market over the past 25 years. 2008-10 Start-ups: Dropbox Airbnb Uber Square Learn more 👇
BBCPolitics Time to buy!
subgap China’s plan all along
BBCPolitics Buy shares in Andrex
I keep thinking I have missed the bottom of the falls then a new day begins and down it goes again...now if I just have a couple of quid to invest.
We should shut them down and cease trading as the share holders and investors are not thinking of anyine but themselves .They need to support us all this is as bad as the selfish people in supermarkets
the money printing machine is on fire! prepare your cash stash, stocks will be on super sales soon! we are witnessing another 2008 financial crisis... ONLY THIS TIME THINGS ARE WORSE!
Any sensible guy on the ground will tell you interest rate cuts are long term matters, people need RELIEF now! Cuts only help the wealthy! Let some genius explain how they help the poor, who always face harsher than usual predicament!
People should treat the Corona Virus like sex. Take precautions but carry on 😂
Let me know when it's time to buy 😬
Toilet rolls must be doing alright.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: The Guardian - 🏆 84. / 53 Read more »
Source: The Guardian - 🏆 84. / 53 Read more »