by Mariusz Skonieczny | Mar 18, 2020 | Investment Ideas
To say that there is blood in the streets might be an understatement. I have watched this market go up for 11 years with very little fear. Investors have been trained that nothing bad could happen. So this created a fantastic bull market and now we have a nasty bear...
by Mariusz Skonieczny | Mar 16, 2020 | General
Everybody is blaming Coronavirus for the collapsing financials markets. This is not the reason. The reason is the reckless Federal Reserve. Imagine a situation when an individual has AIDS and he/she dies from a light cold. It is not the cold that killed the person. It...
by Mariusz Skonieczny | Mar 16, 2020 | General
CNBC – Plunging stock market futures hit ‘limit down’ — Here’s what that means * Contracts on the S&P 500 dropped 5%, reaching a “limit down” band made by the CME futures exchange to prevent further losses. * No prices can trade below 5%, only at higher prices...
by Mariusz Skonieczny | Mar 12, 2020 | General
It is simply laughable to listen to CNBC. “This is not financial crisis.” ” We might not be going into recession.” Of course, this is a financial crisis, and of course, we are going into recession. And this is not because of the Coronavirus. It...
by Mariusz Skonieczny | Mar 11, 2020 | General
I keep listening to various investors about how this is a buying opportunity. Yeah, many are brave at the beginning. We will see how brave they get in two months which is when bravery will probably be good. Stocks are barely went down. Yes, airlines and hotels are...