Sounds good, and be careful.
I've got to do a little house painting this summer, too.
Sounds good, and be careful.
I've got to do a little house painting this summer, too.
J. Hardy wrote:
https://dilbert.com/strip/2021-02-18?utm_source=dilbert.com/share-email&utm_medium=email&utm_campaign=brand-royalty
this is up to $500 million for 2 pizzas
and imagine how pained all those people with lost passwords are. Every time BTC goes up another $1000 they must be screaming into their pillows.
agip wrote:
link:
https://www.investopedia.com/news/bitcoin-pizza-day-celebrating-20-million-pizza-order/
Must have had everything on it.
10Y T-bill on the rise today
Dr. Racket wrote:
10Y T-bill on the rise today
How long will it take a 10-year T bill to double your portfolio versus a fund like VTI? 5 years versus 20,000 years!
Dr. Racket wrote:
10Y T-bill on the rise today
Ten Year Treasury Bond currently +0.0272 @ 1.3228%
Dr. Racket wrote:
10Y T-bill on the rise today
you mean I sold not on exactly the worst day to sell????
Can't be. I challenge. You must be wrong. Check your math.
But seriously, Wall Street is starting to think Biden might get his whole $2 trillion stimulus through, which would ah be inflationary and therefore bond yields might rise even more.
On the other hand, money is going to crash into this country by the trillion now that our sov. debt pays positive interest. Which will rise the dollar, which is disinflationary.
And so on and so on and so on
But it fine, because bad is good. New way of thinking solves all problems.
Ghost of Igloi wrote:
But it fine, because bad is good. New way of thinking solves all problems.
well that's the beauty of free markets. The invisible hand sorts out things and creates stabilizers.
The problem, as you are correct to point out, is that governments put their thumbs on the scale by creating money and setting some interest rates.
The hope is that world capitalism is sufficiently titanic and massive, that there are so many billions of invisible hands doing stuff...that governments are small in comparison and can't upset the scales too much. That seems to be happening, to my eye. Until it doesn't happen.
The “invisible hand” acquired $350/share from the GME “investors” who bought at $400.
Ghost of Igloi wrote:
The “invisible hand” acquired $350/share from the GME “investors” who bought at $400.
heh
we live in amazing times, don't we?
Historic of course, but the question remains is it “just madness?”
Ghost of Igloi wrote:The “invisible hand” acquired $350/share from the GME “investors” who bought at $400.
I wish I had invisible hands... :-)
Ghost of Igloi wrote:
Historic of course, but the question remains is it “just madness?”
to be fair, given the once-in-history emergence of billions of people from poverty around the world, we'd have to expect some unusual times in commerce and economics. I mean when the history of 1990-2020 is written, the astonishing rise in the wealth of the average human will be the #1 story.
Using pre-1990 standards to measure the current time of mass rise in living standards (plus tech) is probably not a fair. So what might seem madness might be rational. People have much, much more money now so, well, things should be different and *are* different.
agip wrote:
Ghost of Igloi wrote:
Historic of course, but the question remains is it “just madness?”
to be fair, given the once-in-history emergence of billions of people from poverty around the world, we'd have to expect some unusual times in commerce and economics. I mean when the history of 1990-2020 is written, the astonishing rise in the wealth of the average human will be the #1 story.
Using pre-1990 standards to measure the current time of mass rise in living standards (plus tech) is probably not a fair. So what might seem madness might be rational. People have much, much more money now so, well, things should be different and *are* different.
Well, you have totally ignored all the negativity: low growth, rising debt, manipulation of free markets, economic inequality....way too many problems too numerous to catalogue. The only proof of your comment ultimate outcome is a continued rising market. That said, as it rises the bizarre theories and evidence of unhinged thinking gets more expansive not less. But hey you are right, for the moment the proof is in the pudding.
Earnings Scorecard: For Q4 2020 (with 83% of the companies in the S&P 500 reporting actual results), 79% of S&P 500 companies have reported a positive EPS surprise and 77% have reported a positive revenue surprise. If 79% is the final percentage, it will mark the third-highest percentage of S&P 500 companies reporting a positive EPS surprise since FactSet began tracking this metric in 2008.
Earnie wrote:
Earnings Scorecard: For Q4 2020 (with 83% of the companies in the S&P 500 reporting actual results), 79% of S&P 500 companies have reported a positive EPS surprise and 77% have reported a positive revenue surprise. If 79% is the final percentage, it will mark the third-highest percentage of S&P 500 companies reporting a positive EPS surprise since FactSet began tracking this metric in 2008.
Funniest thing about your post is the S&P 500 GAAP EPS is 34% lower than a year ago and FactSet spins it as a positive. Well, I suppose that is why the market it up. Looking forward of course. ?
Tesla or Porsche? At least my bumper has never fallen off.
https://cms.zerohedge.com/s3/files/inline-images/tesla_1.jpg?itok=mgCAyuxH
