The biggest financial crash in history will happen in 2019

[Christophe]

It makes a big difference anyway, more than 18 months and 2000 points ... in short ...

[Adrien (ex-nico239)]

Yes, but once again let's stop considering the stock market as something other than a game of money.

Money is earned on market fluctuations and not on a stable market: whether it is high or low for that matter.

So whether the stock market goes up or down, we don't care.
Do not dream it is not the small carriers who can afford to "lose" millions of dollars.
I say lose but be careful: not sold not lost
So the biggest losers (in amounts) are not the small ones but the average and the big and the very big.
The difference is that the big ones or certain mediums don't give a damn about losing millions while it will hurt a little to lose 10 €.

Besides, small carriers who are only eligible for one of these movements box with one hand.
They should have reacted well before this drop, it's been months that all the portfolio managers say that we are at delusional levels but good as Piccoli said in a famous scene from Sugar: "one more penny" ....

The only significant impact and how to say .... concrete it is for hostile takeovers in particular, there it is clear that it is easier to swallow its competitor with an action at 5 € than at 35 €

Or for increases in capital (but which must be declared if my memory serves me right): Ex one company owns 3% of the capital of another and it takes advantage of the drop to go up to 5%, there is a tangibility from the drop

As they are fixed relative to the stock market prices there it can play.

AND WELL UNDERSTOOD in the countries which practice the pensions by capitalization the risk is to lose everything for the pensioners whose bottom would go bankrupt.

If not, did business stop during the previous crash?
Not at all.
Some have won, others lost and the slot machine has started again.

[Christophe]

Yes, but once again let's stop considering the stock market as something other than a game of money.

Money is earned on market fluctuations and not on a stable market: whether it is high or low for that matter.

Totally agree it is the fluctuations that count! And the curve that you present yourself shows a drop in speed and intensity that has never existed in the history of the stock market!

So yes it is serious and it will have significant repercussions on the real economy!

Money players will only have lost part of money (in both senses of the word) ... but they are playing with the lives of others! Something that the players do not seem to voluntarily realize ... or hide ...

[Adrien (ex-nico239)]

Yes, but once again let's stop considering the stock market as something other than a game of money.

Money is earned on market fluctuations and not on a stable market: whether it is high or low for that matter.

Totally agree it is the fluctuations that count! And the curve that you present yourself shows a drop in speed and intensity that has never existed in the history of the stock market!

So yes it is serious and it will have significant repercussions on the real economy!

Money players will only have lost part of money (in both senses of the word) ... but they are playing with the lives of others! Something that the players do not seem to voluntarily realize ... or hide ...

Once again we have to partially disconnect the stock market from real life: in any case at our level

What will especially have an impact on real life is not the fall of the stock market but the fall of the frequentation of the shops ... in the broad sense.

[GuyGadebois]

Macron announces 300 billion for the economy ...
Comment.

[Adrien (ex-nico239)]

Macron announces 300 billion for the economy ...
Comment.

The answer is in his CV .... money is not so much for businesses as it is for supporting banks whose cost of credit risk will explode.

And the cost of credit risk since Basel 4 hurts the balance sheets ...

It is a good measure in normal times but there everything was in danger of shattering

Good said all that bites the tail and individuals, small and big pros, everyone eats at the rack of banks so no one has an interest in everything exploding in mid-flight for questions of (good) regulation that have everything except for this type of tidal wave.

This is not the case in the US and there it can have other implications but the Ricans we know they do not care.
If 3 airlines and 2 banks go bankrupt the others will take the business and that's it: no mercy for the losers.
Or, depending on the extent of the cataclysm, it is the taxpayer and the American state that will save the world as at the time of the subprime crisis.
Do not push either we are capitalists but when it really bards you quickly become communists lol.

[Christophe]

[Christophe]

Carrot, carrot !!

Dow Jones soars by more than 11% on Wall Street, largest increase since 1933
Tuesday was marked by optimism in the markets, which are hoping for the imminent vote on an economic recovery plan in the United States.

https://www.lemonde.fr/economie/article ... _3234.html

1933 was not a terrible year for the history of humanity ...

[Christophe]

2020Q1 results

https://www.lefigaro.fr/flash-eco/franc ... s-20200331

[ENERC]

Less than 20 planes in flight in French airspace. Unheard of for a century (https://www.flightradar24.com/) - At this scale the image is usually yellow.