Down goes the Dow

all time highs for small caps and the Dow

Good, hopefully it holds so I can sell some MS deferred comp shares once they vest at the end of the month. Following the financial crisis had a significant number of shares expire worthless.

k

agip wrote:

El Racketo:

My thesis keeps escaping close scrapes

https://www.cnbc.com/2021/01/05/nyse-says-it-will-no-longer-delist-three-chinese-telecom-giants.html

We're back in business!!!

agip wrote:

Ghost of Igloi wrote:

So now that inflation expectations are going up, what does that mean for stocks?

usually, inflation is not a problem for stocks, unless it is a surprise and forces a fast hike in interest rates.

Some perspective here;

Also, here is a good read on the relationship between stocks and interest rates by Aswath Damodaran.

Flagpole wrote:I have a paid-for house. Are you saying I should get a mortgage on it?

Nobody was telling you what to do Steve, and nobody was criticizing the way you manage your own money. You were the one lecturing the rest of us about the only way (your way) to do things, being a know-it-all blowhard as you sometimes come across. The counterpoint was offered to express the opinion that there are other valid ways, other than the flagpole way, to manage one's own money, including the responsible use of debt.

I would assume the extreme stimulus and money printing has an affect that has never been charted. Just based on that alone, hard to see it as benign. Any thought that it will be a successful handoff from monetary to fiscal seems a stretch. I believe that is especially true considering the extent of policies. I suppose if one considers the policies already passed were just filling a hole, then inflation perhaps not the issue. Then, questioning the ability to repay debt, and the need to keep policy accommodative to avoid collapse becomes operative. So, you could have a poor stock and bond market, while fiscal and monetary policy is still in play.

mmmmeeeeeeeeeeelllt uuuuuuuuuuppppppppp

R2k up 4.8%

Dow up 2% now as a bunch of people try to storm the Capitol building (lol).

Dr. Racket wrote:

Dow up 2% now as a bunch of people try to storm the Capitol building (lol).

OK now we're down to 1.3% since the 'tards breached the Senate. Can someone tell them to tone it down? Trying to get rich over here

Ghost of Igloi wrote:

WLM?

Not funny. Shameful, in fact.

Hey, two-faced, but you thought BLM burning stuff was OK.

Ghost of Igloi wrote:

Hey, two-faced, but you thought BLM burning stuff was OK.

Please point out where I wrote that, or apologize.

No, but I bet you were sympathetic . Anyway, the thought is both sides have much to atone for. I find the tearing down of historical statues, and the lawless behavior of last summer far worse. Certainly far more negatively impactful to the minority communities BLM is suppose to support. It is all politics, and both parties are to blame for what happened today, and last summer.

Your racist and homophobic ideas have been well established here. On the other hand, you know nothing of my sympathies so stop trying to paint me as something from your imagination.

Stew wrote:

Your racist and homophobic ideas have been well established here. On the other hand, you know nothing of my sympathies so stop trying to paint me as something from your imagination.

The only well established point is your boundless infatuation, far from my imagination. ?

If you think you can come on here and post your racist tripe without facing any backlash, then you are sadly mistaken. It’s called responsibility, not infatuation.

Stew wrote:

If you think you can come on here and post your racist tripe without facing any backlash, then you are sadly mistaken. It’s called responsibility, not infatuation.

Actually you are the racist. You support a system that has done nothing for Blacks for decades other than use them as a voting block. You should be ashamed of yourself, yet you act like you have actually done something for minorities. You are the worst type of fake liberal. All talk.