Do you care that the Dow Jones Industrial average is down another 1900 points today?

@LadyDuck Conte is smarter if you ask me.

@topffer Our "Giuseppi" (this is how Trump called him) is smarter.

I fully agree with you, he does not know what to do (after denying the problem for days) now he has to show that he is taking action. I thought that only the Italian Giuseppe Conte was so stupid.

I don't mind that decision.

Yes, I think that happened twice this week.

@TheHorse Unfortunately it did. But on the flip side, FORTUNATELY it did.

@porwest It will be interesting to see when things start to turn around.

@LadyDuck It is good to fight global warming.

At pandemic level it is completely useless. And in his speech Trump was also banning the goods. He would like to create a big crisis that he would not do otherwise.

@topffer Correct, as it is pandemic every decision to lock the borders now is ridiculous. We are going to have a serious financial crisis soon, but the air will be cleaner in few weeks, no flights, no cruises no people moving around when not necessary.

@TheHorse I figure I cant hide from everything. And anytime I step into the pasture my life can be at risk. The horses are gentle but things can happen.

I'm a tad worried about the virus, but haven't taken any real precautions. I wonder how long this recession will last. As soon as we hear the words "virus under control," the market will surge 3,000 points. But how badly damaged with our infrastructure remain?

@wolfgirl569 Keep in mind that what constitutes the start of a recession is three consecutive quarters of a decline in GDP. So far we haven't even had a single quarter of GDP decline. That may change with the next report. Doesn't mean we won't see it. We just need to keep a close eye on the next set of data to gauge what any real impact of Coronavirus has been and to what extent. I think calling out the potential for a recession at this point is extremely premature.

I may buy in at some point. But the question is: when?

@DocAnderson I would agree that we will be in a BEAR market for the next 4-5 months for sure, and maybe a bit longer. But the steep declines and the wild swings, I think, are probably almost over UNLESS we see some other major economic data to support lower valuations in the markets.

@TheHorse well the easy answer is after the race to the bottom is done...

Many of the Universities and Colleges I've been involved wit are shutting down or going on-line.

Right now I'm just sitting and watching.

@TheHorse Us too. Or should that be 'we too'.

But how long does one wait? That is the question. Timing the market is difficult.

@TheHorse Well, you definitely don't want to sell now! You should be buying if you can afford to. This "recession" in the stock market may or may not take a while to recover. We are retired and hoping that it's not too long as we have money in a mutual fund.