Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
Yesterday, I sold every stock I owned. Even from my IRA. 20 years in the markets. All cash. Did I fuck up?
I say yes. you lost $, no?
its coming back up.
That's why I sold. Before the last two weeks, I was content riding to the bottom. My feeling is the bottom will be very deep and is still a few months away.
Think of how many jobs are being lost that will not easily come back. Travel, restaurants, retail. The list seems vast and mind boggling.
0
Options
mickeyrat
up my ass, like Chadwick was up his Posts: 35,886
Yesterday, I sold every stock I owned. Even from my IRA. 20 years in the markets. All cash. Did I fuck up?
I say yes. you lost $, no?
its coming back up.
That's why I sold. Before the last two weeks, I was content riding to the bottom. My feeling is the bottom will be very deep and is still a few months away.
Think of how many jobs are being lost that will not easily come back. Travel, restaurants, retail. The list seems vast and mind boggling.
well most of the areas you list are more main street, arent they?
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
Yesterday, I sold every stock I owned. Even from my IRA. 20 years in the markets. All cash. Did I fuck up?
I say yes. you lost $, no?
its coming back up.
That's why I sold. Before the last two weeks, I was content riding to the bottom. My feeling is the bottom will be very deep and is still a few months away.
Think of how many jobs are being lost that will not easily come back. Travel, restaurants, retail. The list seems vast and mind boggling.
well most of the areas you list are more main street, arent they?
not really. Large hotels, restaurant chains and mall/big box retailers are all going to suffer. Everyone will be affected.
Yesterday, I sold every stock I owned. Even from my IRA. 20 years in the markets. All cash. Did I fuck up?
I say yes. you lost $, no?
its coming back up.
That's why I sold. Before the last two weeks, I was content riding to the bottom. My feeling is the bottom will be very deep and is still a few months away.
Think of how many jobs are being lost that will not easily come back. Travel, restaurants, retail. The list seems vast and mind boggling.
I'm with you, I dont think we have seen the bottom.
Yesterday, I sold every stock I owned. Even from my IRA. 20 years in the markets. All cash. Did I fuck up?
I say yes. you lost $, no?
its coming back up.
That's why I sold. Before the last two weeks, I was content riding to the bottom. My feeling is the bottom will be very deep and is still a few months away.
Think of how many jobs are being lost that will not easily come back. Travel, restaurants, retail. The list seems vast and mind boggling.
I'm with you, I dont think we have seen the bottom.
I agree. There’s only so much the fed can pump into the market. I think this is a fake rally
0
Options
mickeyrat
up my ass, like Chadwick was up his Posts: 35,886
Yesterday, I sold every stock I owned. Even from my IRA. 20 years in the markets. All cash. Did I fuck up?
I say yes. you lost $, no?
its coming back up.
That's why I sold. Before the last two weeks, I was content riding to the bottom. My feeling is the bottom will be very deep and is still a few months away.
Think of how many jobs are being lost that will not easily come back. Travel, restaurants, retail. The list seems vast and mind boggling.
I'm with you, I dont think we have seen the bottom.
I agree. There’s only so much the fed can pump into the market. I think this is a fake rally
IDK, Bernie dropping out, curve seems to be flattening in some places...
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
Yesterday, I sold every stock I owned. Even from my IRA. 20 years in the markets. All cash. Did I fuck up?
I say yes. you lost $, no?
its coming back up.
That's why I sold. Before the last two weeks, I was content riding to the bottom. My feeling is the bottom will be very deep and is still a few months away.
Think of how many jobs are being lost that will not easily come back. Travel, restaurants, retail. The list seems vast and mind boggling.
I'm with you, I dont think we have seen the bottom.
I agree. There’s only so much the fed can pump into the market. I think this is a fake rally
IDK, Bernie dropping out, curve seems to be flattening in some places...
That’s the other side of it. Who the fuck knows!! Haha.
Yesterday, I sold every stock I owned. Even from my IRA. 20 years in the markets. All cash. Did I fuck up?
I say yes. you lost $, no?
its coming back up.
That's why I sold. Before the last two weeks, I was content riding to the bottom. My feeling is the bottom will be very deep and is still a few months away.
Think of how many jobs are being lost that will not easily come back. Travel, restaurants, retail. The list seems vast and mind boggling.
I'm with you, I dont think we have seen the bottom.
I agree. There’s only so much the fed can pump into the market. I think this is a fake rally
This. The shoe still hasn't dropped from the Fed propping up the economy for YEARS during and after the housing crash/ Great Recession. You can't print money forever without feeling the effect of doing so.
Yesterday, I sold every stock I owned. Even from my IRA. 20 years in the markets. All cash. Did I fuck up?
I say yes. you lost $, no?
its coming back up.
That's why I sold. Before the last two weeks, I was content riding to the bottom. My feeling is the bottom will be very deep and is still a few months away.
Think of how many jobs are being lost that will not easily come back. Travel, restaurants, retail. The list seems vast and mind boggling.
I'm with you, I dont think we have seen the bottom.
I agree. There’s only so much the fed can pump into the market. I think this is a fake rally
This. The shoe still hasn't dropped from the Fed propping up the economy for YEARS during and after the housing crash/ Great Recession. You can't print money forever without feeling the effect of doing so.
For better or worse, there's no evidence that you can't pump for a long period.
I think the ride will be bumpy, but I don't there's another big correction on the horizon. The government acted so aggressively that I think we'll be okay for 90 days. I certainly see two quarters of GDP contraction though.
I went heavy into Amazon and JPM several weeks ago and am pleased thus far. I've been in Google heavy since probably 08 and im not too concerned about them either.
0
Options
mickeyrat
up my ass, like Chadwick was up his Posts: 35,886
Yesterday, I sold every stock I owned. Even from my IRA. 20 years in the markets. All cash. Did I fuck up?
I say yes. you lost $, no?
its coming back up.
That's why I sold. Before the last two weeks, I was content riding to the bottom. My feeling is the bottom will be very deep and is still a few months away.
Think of how many jobs are being lost that will not easily come back. Travel, restaurants, retail. The list seems vast and mind boggling.
I'm with you, I dont think we have seen the bottom.
I agree. There’s only so much the fed can pump into the market. I think this is a fake rally
This. The shoe still hasn't dropped from the Fed propping up the economy for YEARS during and after the housing crash/ Great Recession. You can't print money forever without feeling the effect of doing so.
For better or worse, there's no evidence that you can't pump for a long period.
I think the ride will be bumpy, but I don't there's another big correction on the horizon. The government acted so aggressively that I think we'll be okay for 90 days. I certainly see two quarters of GDP contraction though.
you mean we ARENT going to see 4% like we were promised?
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
Yesterday, I sold every stock I owned. Even from my IRA. 20 years in the markets. All cash. Did I fuck up?
I say yes. you lost $, no?
its coming back up.
That's why I sold. Before the last two weeks, I was content riding to the bottom. My feeling is the bottom will be very deep and is still a few months away.
Think of how many jobs are being lost that will not easily come back. Travel, restaurants, retail. The list seems vast and mind boggling.
I'm with you, I dont think we have seen the bottom.
I agree. There’s only so much the fed can pump into the market. I think this is a fake rally
This. The shoe still hasn't dropped from the Fed propping up the economy for YEARS during and after the housing crash/ Great Recession. You can't print money forever without feeling the effect of doing so.
For better or worse, there's no evidence that you can't pump for a long period.
I think the ride will be bumpy, but I don't there's another big correction on the horizon. The government acted so aggressively that I think we'll be okay for 90 days. I certainly see two quarters of GDP contraction though.
you mean we ARENT going to see 4% like we were promised?
Quarter over quarter, year over year, for ten years to pay for that $1.2 trillion tax cut. Brilliant, brilliance in all its brilliancy.
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
Unemployment is already higher than it ever was during the Great Recession. It's only going to get worse. Lots of high paying jobs are being lost.
You can't tell me that a $1200 check and some bullshit (and it is bullshit) loan program will fix this.
if I understand correctly, the $1200 check is credited against next year's tax returns - anyone else see this?
WI 6/27/98 WI 10/8/00 MO 10/11/00 IL 4/23/03 MN 6/26/06 MN 6/27/06 WI 6/30/06 IL 8/5/07 IL 8/21/08 (EV) IL 8/22/08 (EV) IL 8/23/09 IL 8/24/09 IN 5/7/10 IL 6/28/11 (EV) IL 6/29/11 (EV) WI 9/3/11 WI 9/4/11 IL 7/19/13 NE 10/09/14 IL 10/17/14 MN 10/19/14 FL 4/11/16 IL 8/20/16 IL 8/22/16 IL 08/18/18 IL 08/20/18 IT 07/05/2020AT 07/07/2020
Yesterday, I sold every stock I owned. Even from my IRA. 20 years in the markets. All cash. Did I fuck up?
I say yes. you lost $, no?
its coming back up.
That's why I sold. Before the last two weeks, I was content riding to the bottom. My feeling is the bottom will be very deep and is still a few months away.
Think of how many jobs are being lost that will not easily come back. Travel, restaurants, retail. The list seems vast and mind boggling.
I'm with you, I dont think we have seen the bottom.
I agree. There’s only so much the fed can pump into the market. I think this is a fake rally
This. The shoe still hasn't dropped from the Fed propping up the economy for YEARS during and after the housing crash/ Great Recession. You can't print money forever without feeling the effect of doing so.
For better or worse, there's no evidence that you can't pump for a long period.
I think the ride will be bumpy, but I don't there's another big correction on the horizon. The government acted so aggressively that I think we'll be okay for 90 days. I certainly see two quarters of GDP contraction though.
They can pump forever if they choose to, but government stimulus, on the levels that we've seen at points for the last 10 years, is unprecedented and has to lead to inflation at some point. Is there a way to avoid that (genuinely asking)? That, coupled with the fact that the "Trump economy" has been fueled in some ways by massive tax cuts that led to stock buybacks by corporations to boost their stock price, makes a lot of this never-ending bull market seem artificial to me. I'm by no means an expert, but I follow enough and know enough about the fundamentals that leads me to believe we still haven't paid the piper for all of the money we've printed.
Well that didn’t take long. Can we stick to the stock market?
I'd say the current unemployment situation is very much relevant to the markets. Unemployment is on the rise, and so is the DOW. That really should not be happening.
0
Options
mickeyrat
up my ass, like Chadwick was up his Posts: 35,886
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
Unemployment is already higher than it ever was during the Great Recession. It's only going to get worse. Lots of high paying jobs are being lost.
You can't tell me that a $1200 check and some bullshit (and it is bullshit) loan program will fix this.
Sorry, it's not bullshit. There are 55 companies that work for my company that are going through the approval process. My wife is a CPA and is helping small businesses apply as well. The terms are very favorable.
Plus, you are forgetting about the extra $600 per week in unemployment insurance through the end of July. The gov't has done more to surround this problem than at any other time in our history, including the depression.
Well that didn’t take long. Can we stick to the stock market?
I'd say the current unemployment situation is very much relevant to the markets. Unemployment is on the rise, and so is the DOW. That really should not be happening.
Sure it could. The market is a leading indicator and unemployment is a lagging indicator. The market priced in the contraction when it dropped 11000 points in a matter of two weeks.
Unemployment is already higher than it ever was during the Great Recession. It's only going to get worse. Lots of high paying jobs are being lost.
You can't tell me that a $1200 check and some bullshit (and it is bullshit) loan program will fix this.
Sorry, it's not bullshit. There are 55 companies that work for my company that are going through the approval process. My wife is a CPA and is helping small businesses apply as well. The terms are very favorable.
Plus, you are forgetting about the extra $600 per week in unemployment insurance through the end of July. The gov't has done more to surround this problem than at any other time in our history, including the depression.
We've applied for 3 of them. The terms seem favorable on the surface. But I can tell you, they are not really. If you want to discuss further, I've already started a thread on this.
Unemployment is already higher than it ever was during the Great Recession. It's only going to get worse. Lots of high paying jobs are being lost.
You can't tell me that a $1200 check and some bullshit (and it is bullshit) loan program will fix this.
Sorry, it's not bullshit. There are 55 companies that work for my company that are going through the approval process. My wife is a CPA and is helping small businesses apply as well. The terms are very favorable.
Plus, you are forgetting about the extra $600 per week in unemployment insurance through the end of July. The gov't has done more to surround this problem than at any other time in our history, including the depression.
We've applied for 3 of them. The terms seem favorable on the surface. But I can tell you, they are not really. If you want to discuss further, I've already started a thread on this.
I agree the devil is in the details, but the question is whether it's to your advantage to take the loans or not? For the vast majority, the answer is probably yes. For my company, the answer is no for a variety of reasons. We also won't take the tax credits.
Comments
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
Think of how many jobs are being lost that will not easily come back. Travel, restaurants, retail. The list seems vast and mind boggling.
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
I think the ride will be bumpy, but I don't there's another big correction on the horizon. The government acted so aggressively that I think we'll be okay for 90 days. I certainly see two quarters of GDP contraction though.
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
Libtardaplorable©. And proud of it.
Brilliantati©
You can't tell me that a $1200 check and some bullshit (and it is bullshit) loan program will fix this.
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
They can pump forever if they choose to, but government stimulus, on the levels that we've seen at points for the last 10 years, is unprecedented and has to lead to inflation at some point. Is there a way to avoid that (genuinely asking)? That, coupled with the fact that the "Trump economy" has been fueled in some ways by massive tax cuts that led to stock buybacks by corporations to boost their stock price, makes a lot of this never-ending bull market seem artificial to me. I'm by no means an expert, but I follow enough and know enough about the fundamentals that leads me to believe we still haven't paid the piper for all of the money we've printed.
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
Plus, you are forgetting about the extra $600 per week in unemployment insurance through the end of July. The gov't has done more to surround this problem than at any other time in our history, including the depression.
Where is the thread? I didn't see it.