So is the 0% going to keep the market afloat?
I still think over the next 6 months S&P cracks below 2000.
GS agrees.
even without the virus, 2000'ish sounds like a plausible bottom.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
this is gonna be hella interesting...so right now everything is panic...rats heading for the doors liquidating and asking questions later...the shit that has/is/will be negatively affected by all this shit is getting woodshedded...airlines, cruiselines, casinos, oil/gas...the low hanging fruit...Originally Posted by simpdog
what the fuck is gonna happen when the next earnings season hits...i'm guessing it's gonna be bad (yeah no fucking shit GBCP)...but it's 2 earnings seasons from now...if we get lockdowns and all that other shit which is going on in some parts of the world right now we will be hoping for bad because that will be absolutely horrendous...
gasoline is trading at 80 cents right now...EIGHTY FUCKING CENTS!!! that's insanity...think im gonna be done for another 20-25% on XOM, CVX...still willing to own these guys for the long haul, but for the short term it's gonna be fucking painful...from the little I have read there are gonna be massive layoffs in E&P...fucking shame...
Nothing the Fed did today affected the individual or small business. That is Fiscal Policy. Hopefully the Senate enjoyed their long weekend.
I posted this early last week. It makes things easier for me admidst the noise
I have posted a number of times my core belief that life is random. A random lab animal brings us to our knees.
Sonatine posted the possibility of a Wall Street shutdown. I could argue both sides. I could see a bank holiday.
My wife goes to the Savings and Loan every day for the biz. They are sending cryptic emails.
Load up on some Bitcoin. Boomers will have to settle for cash.
Someone remind Bottomset the FDIC only covers $250k
you know, Putin is awfully quiet lately.
hey remember when the economy shut down for 2-4 months to prevent deaths from swine flu?
yeah neither do i.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Someone needs to check on Jerome. I’m afraid he might hurt himself tonight
Dow may hit 15,000 this week.
Can we blame that on Trump?
They all just kicked the debt can down the roadDow may hit 15,000 this week.
Can we blame that on Trump?
Group effort
30,000 —> 20,000 is a respectable correction
Someday Sonatine will tell us about his years in Japan during the ‘90’s
We can talk while they helicopter Bernanke in.
This isn’t just ‘Merica and Jerome. All the central banks look like they were coordinated. That’s a real positive sign
abrown’s HODL’in dad just might be wrong. ya think?
Post war boomer dreams shattered. Hey, it worked so far
Hey, if a bank can have zero reserves now is it possible to be insolvent anymore?
There’s a lot of nonsense to gnaw on here.
Chumlee from Pawn Stars is looking over the merch for tonight’s repo. They’ll take pretty much anything
Because the swine flu had an 0.02% death rate, and even the 85-year-old man with a laundry list of health problems typically survived it.
Conversely, there are going to be as many hungry children as a result of the shutdown as at risk elderlyBecause the swine flu had an 0.02% death rate, and even the 85-year-old man with a laundry list of health problems typically survived it.
Food & Drug companies may be a good investment.
No bars and restaurants. Most are finished and bankrupt.
Food delivery companies might be okay.
Fast food companies right now seem to be doing record business.
Donald Trump tried to buy biopharmaceutical German company CureVac because they are working on a coronavirus cure. Trump wanted their possible vaccine for coronavirus solely for the United States. They declined his offer.
They all just kicked the debt can down the roadDow may hit 15,000 this week.
Can we blame that on Trump?
Group effort
One circuit breaker hit.
Now batting, Level 2. Will we hit -13%?
Discussion of NCL: https://seekingalpha.com/article/433...-buy-norwegian
I mostly agree with this, though the article doesn't address their debt issue, and indeed it's continuing to fall as predicted, so buying right now just isn't a good idea. I think it has farther to slip.
I am strongly considering this one with an eye toward 2022. But not until I feel like we've reached the bottom.
The true value is zero.
There are currently 8 users browsing this thread. (0 members and 8 guests)
Reply With Quote