Author: JavaExchange

Learner, Scholar, Economists

Price – Gouging 101

Is this the law of supply and demand or law of the jungle. Whether you believe the Corona virus is a real issue or not, someone will try to take advantage of the situation. As the great business person Rothchild stated “Buy when there is blood in the streets.” Not the most kind idea, but, you can benefit in a down market. I would not recommend this method.

He Has 17,700 Bottles of Hand Sanitizer and Nowhere to Sell Them

On March 1, the day after the first coronavirus death in the United States, brothers Matt and Noah Colvin set out in a silver SUV to pick up some hand sanitizer. Driving around Chattanooga, Tennessee, they hit a Dollar Tree, then a Walmart, a Staples and a Home Depot. At each store, they cleaned out the shelves.

https://www.yahoo.com/news/17-700-bottles-hand-sanitizer-155735689.html

Circuit Breaker for the third time in six sessions

S&P 500 drops 11%, extending losses after 15-minute trading halt

The S&P 500 dropped 11.4% while the Dow Jones Industrial Average fell 2,700 points, or 11.7%. The Nasdaq Composite traded 11.2% lower. Those losses put the major averages on track for their worst day since the “Black Monday” market crash of 1987. They also eclipsed the steep decline seen on Thursday. 

https://www.cnbc.com/2020/03/15/traders-await-futures-open-after-fed-cuts-rates-launches-easing-program.html

Dow heads for worst day since 1987 on Europe travel shock — Financial Post

The Dow Jones Industrials index was on course for its worst day since 1987 as President Donald Trump’s sweeping move to restrict travel from Europe added to growing signs of corporate distress in the face of the coronavirus pandemic. Read More

Dow heads for worst day since 1987 on Europe travel shock — Financial Post
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