Quote from: dothebeats on Today at 05:50:53 AM

Quote from: rambogoham1 on March 25, 2020, 04:01:55 PM

China appears to actually be ahead in the stock market for the month of March compared to all the other nations.

Which makes me think that this is an elaborate plan for the world economies to crash while China stays afloat. Then again, it must be more of me being into conspiracies but who knows?

Nope, not a conspiracy, just a lot of cash injected in the last two months, with hundreds of billions being offered from the start of February.

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On Monday, the PBOC also injected a total of 1.2 trillion yuan (US$236 billion) into money markets through reverse bond repurchase agreements. Markets had widely expected the liquidity move but most analysts thought rate cuts might follow later once the economic impact was more clear.
The injection is one of 30 measures announced by Chinese authorities over the weekend to buttress the economy against disruption from the outbreak, which originated from the central Chinese city of Wuhan.

One week later:

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China will offer 500 billion yuan of relending and rediscounting funding to commercial banks for loans to small firms and the agricultural sector. The interest rate of the funding will be lowered by 25 basis points.

A few days later:

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The People’s Bank of China said 209.5 billion yuan in bonds related to fighting the virus have been issued as of Tuesday.

They have been pumping money in everything, billions after billions, and the cherry :

https://www.bloomberg.com/news/articles/2020-02-03/china-is-said-to-restrict-stock-sales-by-brokerage-prop-desks

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The China Securities Regulatory Commission told some brokerages that their proprietary traders aren’t allowed to be net sellers of equities this week, said the people, asking not to be identified discussing a private matter.

But, if truly the US enters a recession for more than a few trimesters, everyone is screwed, China will just fall a few months later in the whole alongside Europe and the rest, let's just hope it won't be that long. Almost 2% of the employees here have already been sent home with pay cuts or worse, if this lasts for 3 months...

Quote from: Sadlife on March 27, 2020, 01:58:16 PM

The fed is really out of control and the oil with its decreasing supply and the pandamic making it much worse.

Why would the price of oil be a major player in this? It's peanuts money compared to the stimulus package to prop shale drillers for years, and the US benefits from cheap oil prices.