Markets plunge in worst 1-day drop in history on coronavirus fears l ABC News

The Dow dropped over 3,200 points in four days and stocks are down nearly 11%, which means the typical 401K that ended last year has dropped by more than $12,000 in the last few days. READ MORE: https://abcn.ws/2VrLh5o

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33 thoughts on “Markets plunge in worst 1-day drop in history on coronavirus fears l ABC News

  1. Don't know what the panic is about. Net drops and percentage drops are very different. Of the top ten single day Dow drops in history, none of them were during the Trump administration. Good try on the spin though, fake news!

  2. i have a 401k and some robinhood stocks that are not doing well anyways so I just completed allocating funds at hand and more from robinhood and off my 401k to digital currency trading, taking financial advice and consulting has been very helpful the past 2 months.

  3. I was right huh? The fear is wearing off and the Dow has recovered 50% in just one day. Lots of folks have made lots of money by buying cheap as I talked about three days ago. Also the folks are finally weaking up to the real pandemia that kills 20,000 a year and costs $40 billion to the American economy every single year: the flu. You can’t snooker everyone all of the time. In the end something’s gotta give.

  4. These markets are so fake. Last week there was a huge sell off because of Virus fears. Now over the two day weekend absolutely nothing has changed as far as the virus goes, but for some strange reason the market is rocketing back up.

  5. This video is for fatalist and the people in it are completely misinformed….influenza kills 50,000 a month world wide for the past 15 years with no video or panic…the coronavirus is only at 3,000 and we are panicking? The death rate is less than 5% yes 5%…the people in this video live for fake news and drama….

  6. Worse than "Black Monday was followed by Black Tuesday (October 29, 1929), in which stock prices collapsed completely and 16,410,030 shares were traded on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors, and stock tickers ran hours behind because the machinery could not handle the tremendous volume of trading."

  7. This 'pandemic' is a front for a worldwide economic collapse. They need an economic collapse that can be blamed on anything other than the real cause so that they can rebuild the same system again afterwards with no-one being the wiser. The truth is that the whole economic / monetary system was doomed to ultimately collapse right from it's inception; that always the ultimate fate of a debt-based currency and they knew it. The people, of course, were to be led to believe that the virus (or perhaps WW3 or some other disaster) was the sole cause of the economic collapse, thereby allowing the bankers to rebuild the same system of usury and start the whole sham over again, likely as a cash-less society because cash handling between people is too dangerous in terms of illness transmission don't-cha-kno.

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