Fed cut interest rate to 0% an hour ago.
wow that is big news
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Fed cut interest rate to 0% an hour ago.
wow that is big news
So, does cutting the interest rate increase the chance we can get non secured personal loans from our banks ?
Certainly unusual for a Sunday. They were presumably trying to get ahead of the stock futures for tomorrow.
But tomorrow's projected Dow is nonetheless down some 5% at the moment.
Fed also announced the resumption of quantitative easing, which gets more money in the economy but tends to push up inflation.
I heard the futures reached the loss limit and were shut down
edit: US stock futures hit 'limit down' after Fed cuts interest rate to zero - CNN
Well, I washed the dogs today. I figured if I was gonna be stuck with them more, they might as well smell good.
I had a gig Friday, and the venue hasn’t cancelled it yet. I wrote the band today to tell them I wouldn’t do it. They were very understanding and hopefully the venue will be cool about rescheduling.The CDC is now recommending that all events of 50 people or more be cancelled for the next 8 weeks.
I know there are people that can’t afford this and my heart goes out to them. But on the flip side I’m sure I’m not the only one here wondering, if the venue owners or local authorities don’t call for an all out ban, should I just inform the BL I need to bail for a bit. Those folks in the at risk groups need to be the priority. Thoughts?
It’s the right thing to do. Here in Norway, we’ve already been on lockdown for several days, and many health professionals are of the opinion that it was done too late.The CDC is now recommending that all events of 50 people or more be cancelled for the next 8 weeks.
I know there are people that can’t afford this and my heart goes out to them. But on the flip side I’m sure I’m not the only one here wondering, if the venue owners or local authorities don’t call for an all out ban, should I just inform the BL I need to bail for a bit. Those folks in the at risk groups need to be the priority. Thoughts?
Some People I know are taking it seriously in the states, but judging by what’s on FB, I think just as many are not. Stubborn, ignorant, IDK, But many are carrying on thinking “it’s just the flu.”It’s the right thing to do. Here in Norway, we’ve already been on lockdown for several days, and many health professionals are of the opinion that it was done too late.
This thing is going to be very hard to stop, but it can be accelerated extremely easily if the warnings of health professionals are ignored.
Walking around in Italy is now subject to restrictions and, if asked, one has to be able to provide the required justification for which the authorities have issued a specific form to be filled and signed ..Some People I know are taking it seriously in the states, but judging by what’s on FB, I think just as many are not. Stubborn, ignorant, IDK, But many are carrying on thinking “it’s just the flu.”
Im very much expecting and mentally preparing for lockdown here. Just curious, what are the rules for your lockdown? Can you go in your backyards? Walk around the block? I read in Italy you can go to work, store but be prepared for police inspection!
good luck to you in the days and weeks ahead brother!
OK, on the original topic of this thread:
View attachment 3745373
My project for this weekend's self-quarantine was to get everything hung on the wall.
Left-to-right: two cheap guitars (gonna learn to play them someday) , '78 Musicmaster, fretless Kala Ubass, open space for my violin bass kit (wife is currently painting it), MTD Kingston 5.
Fender 500c combo amp fits underneath.
Tomorrow is back to work.
That’s what I’ve been reading. I can only think of the mental/physical benefit of taking a simple walk; but this an unprecedented event in recent history. Luckily we have a small yard for fresh air and grounding, but some apartment dwellers aren’t so luckyWalking around in Italy is now subject to restrictions and, if asked, one has to be able to provide the required justification for which the authorities have issued a specific form to be filled and signed ..
The measures taken are the sternest in Norway has seen in peacetime:Some People I know are taking it seriously in the states, but judging by what’s on FB, I think just as many are not. Stubborn, ignorant, IDK, But many are carrying on thinking “it’s just the flu.”
Im very much expecting and mentally preparing for lockdown here. Just curious, what are the rules for your lockdown? Can you go in your backyards? Walk around the block? I read in Italy you can go to work, store but be prepared for police inspection!
good luck to you in the days and weeks ahead brother!