Stock market
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It was August 19. so 7-1/2 months ago.tempo_n_groove said:Markets reflect 6 months what happens in the economy on average. What was the blip and how many months ago was it when people started screaming that the next recession was coming?
Sounds about right.0 - 
            
We were due for a correction and were like 2' from the ledge.tempo_n_groove said:
It was August 19. so 7-1/2 months ago.tempo_n_groove said:Markets reflect 6 months what happens in the economy on average. What was the blip and how many months ago was it when people started screaming that the next recession was coming?
Sounds about right.
The virus pushed us off said ledge.
The oil market and having a _____ in the Oval Office is like an anvil tied around the feet.
We fucked.Post edited by Kat on'I know I was born and I know that I'll die, the in between is mine.'0 - 
            
Corrections are okay. I don't think we're fucked at all. I think we will have a two quarter recession at least though.Saltzy23 said:
We were due for a correction and were like 2' from the ledge.tempo_n_groove said:
It was August 19. so 7-1/2 months ago.tempo_n_groove said:Markets reflect 6 months what happens in the economy on average. What was the blip and how many months ago was it when people started screaming that the next recession was coming?
Sounds about right.
The virus pushed us off said ledge.
The oil market and having a _____ in the Oval Office is like an anvil tied around the feet.
We fucked.Post edited by Kat on0 - 
            
I hate to say it and I hope it doesn't happen and that I'm completely wrong but I'm thinking 4 to 8 quarters minimum. There's a lot of trickle down impacts folks aren't thinking of. Like AirB&B'ers, Uber/Lyft, all aspects of the casual dining/tourism industry and what that means for folks who rely upon it for a living, etc. There's a lot of people that might have mortgages or car payments based upon AirB&B, Uber/Lyft, tips revenue. It always trickles down, just not the way the repubs sell it.mrussel1 said:
Corrections are okay. I don't think we're fucked at all. I think we will have a two quarter recession at least though.Saltzy23 said:
We were due for a correction and were like 2' from the ledge.tempo_n_groove said:
It was August 19. so 7-1/2 months ago.tempo_n_groove said:Markets reflect 6 months what happens in the economy on average. What was the blip and how many months ago was it when people started screaming that the next recession was coming?
Sounds about right.
The virus pushed us off said ledge.
The oil market and having a _______ in the Oval Office is like an anvil tied around the feet.
We fucked.Post edited by Kat on09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR; 05/03/2025, New Orleans, LA;
Libtardaplorable©. And proud of it.
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It's not the correction that scares me, that's inevitable and cyclical.Saltzy23 said:
We were due for a correction and were like 2' from the ledge.tempo_n_groove said:
It was August 19. so 7-1/2 months ago.tempo_n_groove said:Markets reflect 6 months what happens in the economy on average. What was the blip and how many months ago was it when people started screaming that the next recession was coming?
Sounds about right.
The virus pushed us off said ledge.
The oil market and having a ______ in the Oval Office is like an anvil tied around the feet.
We fucked.
It's the lack of safety net. All that's left is guillotines, I guess.Post edited by Kat on0 - 
            Trump talks. Futures down.Of fucking course. Nobody with a brain has any confidence in this dope.www.myspace.com0
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            Think about this. Trump’s tax cuts created a windfall for corporations. Most, if not all, of these corporations used the windfall for stock buybacks. Carnival (cruise line) did so to the tune of $1B+. Guess who’s likely going to be asking for a bailout real soon, and may just end up getting one?0
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I don't know that Trump has the power to do that. I think any package like that would have to run through the D House. Dick Durbin was on MSNBC and he was pretty focused on paid sick time being covered by the gov't. You can see the clear dichotomy between D and R. Trump is focused on earnings. Durbin was focused on sick leave.bbiggs said:Think about this. Trump’s tax cuts created a windfall for corporations. Most, if not all, of these corporations used the windfall for stock buybacks. Carnival (cruise line) did so to the tune of $1B+. Guess who’s likely going to be asking for a bailout real soon, and may just end up getting one?0 - 
            Trading halted again. Hellllllloooo recession. Now this does need to be mitigated. Recessions always hit the working/lower class the hardest. During the 2008 recession, unemployment for those with a college education never surpassed 5%. For those without, it was 12%.0
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21300 and change. Brilliant brilliance in all its brilliancy. Feds gonna go to 0%? How about that deficit?mrussel1 said:Trading halted again. Hellllllloooo recession. Now this does need to be mitigated. Recessions always hit the working/lower class the hardest. During the 2008 recession, unemployment for those with a college education never surpassed 5%. For those without, it was 12%.09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR; 05/03/2025, New Orleans, LA;
Libtardaplorable©. And proud of it.
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Man I hope the American voters really remember this come November..mrussel1 said:Trading halted again. Hellllllloooo recession. Now this does need to be mitigated. Recessions always hit the working/lower class the hardest. During the 2008 recession, unemployment for those with a college education never surpassed 5%. For those without, it was 12%.jesus greets me looks just like me ....0 - 
            This is so fucked.'I know I was born and I know that I'll die, the in between is mine.'0
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            This is a ride I do not want to be on.
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Isn't Carnival Cruise a foreign company though? I thought only a small part was in the US?bbiggs said:Think about this. Trump’s tax cuts created a windfall for corporations. Most, if not all, of these corporations used the windfall for stock buybacks. Carnival (cruise line) did so to the tune of $1B+. Guess who’s likely going to be asking for a bailout real soon, and may just end up getting one?0 - 
            how much of this sell off do you think is human generated trades vs the algorithm trades?and can the exchange(s) suspend those trades for x amount of time?_____________________________________SIGNATURE________________________________________________
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I am still saying rally tomorrow as today will be a lost cause.mrussel1 said:Trading halted again. Hellllllloooo recession. Now this does need to be mitigated. Recessions always hit the working/lower class the hardest. During the 2008 recession, unemployment for those with a college education never surpassed 5%. For those without, it was 12%.
What is the lowest possible correction at 17k? I think that is what I figured out before.0 - 
            I said 15K , man that's bleak, what am I thinking... Jeeze.0
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So it once again seems the repubs inherit a golden opportunity after the dems fix everything, they come back and fuck everything up again. Bush to Clinton to Bush to Obama to Team Trump Treason. Third times a charm I guess but why the fuck do the voters trust repubs with the economy?mrussel1 said:Trading halted again. Hellllllloooo recession. Now this does need to be mitigated. Recessions always hit the working/lower class the hardest. During the 2008 recession, unemployment for those with a college education never surpassed 5%. For those without, it was 12%.09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR; 05/03/2025, New Orleans, LA;
Libtardaplorable©. And proud of it.
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            There is no bottom until Planet Earth can figure this virus out and start calming people down. The pendulum needs to stop swinging the direction it is, and at the minimum, start to stabilize. Events needs to stop being cancelled. People need to start to feel safe again.
Until you start to see toilet paper again at Duane Reade, we're porked.
'I know I was born and I know that I'll die, the in between is mine.'0 
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