Doubt we will hear this for a while

**biglentil** · Feb 24, 2020, 15:57

Originally posted by malleefarmer View Post

Greatest Stockmarket ever bit of a meltdown eh.

Depends

**TASFarms** · Feb 24, 2020, 16:02

Originally posted by biglentil View Post

Depends

Ya eh

**SASKFARMER** · Feb 24, 2020, 18:23

Depends if your waiting and buy today for a up swing.

**ajl** · Feb 24, 2020, 18:33

Would not call a one day sell off a melt down. The last 30 times this happened, it has proved to be a buying opportunity. Will have to wait and see if there is follow through. I do expect US markets to struggle this year but the US has a lot of things going for it that others can only dream of.

**malleefarmer** · Feb 25, 2020, 02:17

Yeah meltdown Wrong word.

See you currencyâ€™s holding up we used to be basically on a par with Canuck

Today aussie .66 Canadian .75

**ajl** · Feb 25, 2020, 07:53

Looks like the US market will trade higher today so get your orders in. The PBOC printed trillions of yuan to cure corona virus and all of that is getting exchanged for the $USD (and some gold) and is headed to the US to find an investment, hence the higher USDX. There is so many $ headed to the US right now that the federal deficit will come in at less that last year despite the US spending like a drunken sailor so that will be stimulative, Interest rates on long term treasuries are well below earlier budget projections so the president will have no need to turn the tap down this year which will mask a slowing economy,

Doubt we will hear this for a while