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It's a double whammy of weak supply chains and weak demand

Posted on: March 16, 2020 at 15:50:06 CT

SparkyStalcup MU

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M.O.B. Votes:

caused by people staying home and not spending money. The virus is the catalyst for most of these things. And yes, people have a tendency toward overresponding to things, although in this case erring on that side is probably prudent

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3000 points? what happend? - ashtray UF - 3/16 15:16:07

3 plus years of gains all but gone...the trump market has - playhard NWMSU - 3/16 15:31:35

It's down since his inauguration (nm) - MrBlueSky MU - 3/16 15:32:30

All Trump's fault (nm) - mizzouSECedes STL - 3/16 15:33:23

Leadership: Whatever happens, you're responsible. If it - TigerJackSwartz MU

- 3/16 15:54:01

His slow response and downplaying of the severity - MrBlueSky MU - 3/16 15:38:53

What slow response? - Sal MU

- 3/16 15:46:50

RE: What slow response? - MrBlueSky MU - 3/16 15:49:32

can you explain, in detail, how testing would have directly - 90Tiger STL - 3/16 15:54:18

Look at South Korea and their push for high volume - MrBlueSky MU - 3/16 15:55:31

so was it testing or LOCKING DOWN? (nm) - 90Tiger STL - 3/16 16:05:45

you didn't answer the question, you're putting everything on - 90Tiger STL - 3/16 16:05:14

the dow is down because of the massive response, not - 90Tiger STL - 3/16 15:43:40

amazing how the market doesn't respond well - Sal MU

- 3/16 15:48:34

what severity? (nm) - 90Tiger STL - 3/16 15:43:05

imminent recession. - MrBlueSky MU - 3/16 15:20:32

congrats(nm) - TigerFan92 MU - 3/16 16:53:10

do you know what causes a recession? (nm) - pickle MU

- 3/16 15:35:29

Republican greed? (nm) - 90Tiger STL - 3/16 15:44:00

Trump? (nm) - ashtray UF - 3/16 15:37:19

Please, start feeling a dry cough, hot in the forehead - Mizzou Lou KC - 3/16 15:34:22

Trump personally started coronavirus - mu7176grad MU - 3/16 15:27:30

Yes or no, do you blame Trump? (nm) - mizzouSECedes STL - 3/16 15:27:27

For the virus? Hell, no. For his poor response to it? - SparkyStalcup MU - 3/16 15:30:17

it's the massive over-response which is killing the economy - 90Tiger STL - 3/16 15:44:43

It's a double whammy of weak supply chains and weak demand - SparkyStalcup MU - 3/16 15:50:06

not going out, not spending money is part of gvmt response (nm) - 90Tiger STL - 3/16 15:53:25

what constitutional authority does he have? (nm) - pickle MU

- 3/16 15:41:35

Trump says Article 2 says he can do anything he wants nm - SparkyStalcup MU - 3/16 15:50:44

i’m asking you (nm) - pickle MU

- 3/16 16:16:15

Some of the same people who are on the response team - Sal MU

- 3/16 15:35:19

Poor response? Jesus. The guy restricted travel to/from - MIZ45 MU - 3/16 15:32:40

No. For the economy - mizzouSECedes STL - 3/16 15:31:15

Partially. The economy was headed toward recession anyway, - SparkyStalcup MU - 3/16 15:44:37

Sorry, but your dead wrong. Those low-paying part-time... - Deputy Dawg MU - 3/16 15:53:33

And by the way, the credit tightening you speak of has... - Deputy Dawg MU - 3/16 15:54:57

they should have raised them, starting 5 years ago - ashtray UF - 3/16 15:56:46

For an imminent recession? No of course not - MrBlueSky MU - 3/16 15:29:09

Lol(nm) - DollarSigns MU - 3/16 15:27:11

I know you guys are trying desperately to attribute this to - MIZ45 MU - 3/16 15:26:18

Obviously Trump isnt responsible for the virus, but his poor - SparkyStalcup MU - 3/16 15:28:43

RE: Obviously Trump isnt responsible for the virus, but his poor - MIZ45 MU - 3/16 15:30:51

Lol - Savage KC - 3/16 15:30:34

No(nm) - DollarSigns MU - 3/16 15:29:26

He is directly responsible for the slow rollout of testing - MrBlueSky MU - 3/16 15:27:13

what impact is that having on the markets and economy? - 90Tiger STL - 3/16 15:45:47

No. Stock market decline is due to a global economic - MIZ45 MU - 3/16 15:29:30

Tests were available in abundance in Mid January - MrBlueSky MU - 3/16 15:31:13

Source, please (nm) - MIZ45 MU - 3/16 15:33:10

Sorry, tests were available from Germany and WHO 2/1 - MrBlueSky MU - 3/16 15:36:42

That isn't a slow response by the Trump admin specifically - Sal MU

- 3/16 15:53:28

Trump admin made the call to NOT use the WHO - MrBlueSky MU - 3/16 15:56:04

Lol(nm) - DollarSigns MU - 3/16 16:01:25

Lie(nm) - DollarSigns MU - 3/16 15:32:23

No(nm) - DollarSigns MU - 3/16 15:28:27

Yes (nm) - MrBlueSky MU - 3/16 15:29:30

that was known at 3:00 when I last checked (nm) - ashtray UF - 3/16 15:21:17

Based on concern cv may linger on until August - mu7176grad MU - 3/16 15:19:05

August? That seems like a long time - ashtray UF - 3/16 15:20:49

It isn't the flu. The govt response is improving, but many - SparkyStalcup MU - 3/16 15:26:09

the gvmt response isn't impacting how long it stays. you sh - 90Tiger STL - 3/16 15:51:05

Hence the huge market drop - mu7176grad MU - 3/16 15:23:38