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President Trump: The NEW one and only politics thread

Discussion in 'Sports and News' started by Moderator1, Nov 12, 2016.

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  1. garrow

    garrow Well-Known Member


     
    garrow, Mar 9, 2020
    #165913
  2. BitterYoungMatador2

    BitterYoungMatador2 Well-Known Member

    well, you are the one who brings it up most frequently. Maybe that can be his campaign slogan. "Donald Trump...not as fat as he used to be."
     
    BitterYoungMatador2, Mar 9, 2020
    #165914
  3. Moderator1

    Moderator1 Moderator Staff Member

    As long as he adds "but still worthless" to the end of it.

    And yeah, I do bring it up a lot. No question. Not ashamed to admit that I'm tired of Starman's rantings about his weight (fatfuck bothers me as a former fat guy - the issue with this guy is NOT that he's fat, lots of good fat folks out there) and the other thing Starman fantasizes about. So much to ding this guy on, you know? Weight isn't one of them.
     
    Moderator1, Mar 9, 2020
    #165915
    HanSenSE and OscarMadison like this.
  4. The Big Ragu

    The Big Ragu Moderator Staff Member

    Circuit break just triggered for the S&P 500 on 7 percent down. ... Trading halted for 15 minutes.
     
    The Big Ragu, Mar 9, 2020
    #165916
    bigpern23 likes this.
  5. bigpern23

    bigpern23 Well-Known Member

    First circuit breaker tripped on the S&P less than 6 minutes into trading.
     
    bigpern23, Mar 9, 2020
    #165917
  6. Michael_ Gee

    Michael_ Gee Well-Known Member

    I don't get the 15 minute halt concept at all. What does that do besides build up the selling pressure during the time out, thus inevitably triggering the next circuit breaker?
     
    Michael_ Gee, Mar 9, 2020
    #165918
  7. MileHigh

    MileHigh Moderator Staff Member

    What is the next circuit breaker once trading resumes?
     
    MileHigh, Mar 9, 2020
    #165919
  8. BitterYoungMatador2

    BitterYoungMatador2 Well-Known Member

    They get two shots instead of a one-and-one.
     
    BitterYoungMatador2, Mar 9, 2020
    #165920
    Fred siegle, swingline, HanSenSE and 6 others like this.
  9. Kato

    Kato Well-Known Member

    For a sector that hates regulation, nice to know there's a "circuit breaker" in place to protect the market from itself.
     
    Kato, Mar 9, 2020
    #165921
  10. The Big Ragu

    The Big Ragu Moderator Staff Member

    The simplest way to put it is that it slows things down. When the market is crashing, it creates liquidity gaps and the spreads widen and you lose all price efficiency. The circuit breakers are great *IF* a liquidity issue is in play. The time out allows the market makers to reclaim control and they can bring the spreads more into balance. The curbs have changed over time, but it all stemmed from Black Monday in 1987, when some form of a circuit breaker may have made a difference. The market was really overwhelmed that day.
     
    The Big Ragu, Mar 9, 2020
    #165922
  11. The Big Ragu

    The Big Ragu Moderator Staff Member

    13 percent and you get another 15 minute time out.
     
    The Big Ragu, Mar 9, 2020
    #165923
  12. Michael_ Gee

    Michael_ Gee Well-Known Member

    Yes. And then six months later it was like it all never happened. Weirdest stock market crash of them all.
     
    Michael_ Gee, Mar 9, 2020
    #165924
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