No, they’re not.
No, they’re not.
Here’s to your Coronavirus infected fried chicken. Enjoy eating the big one:
https://i1.wp.com/northmantrader.com/wp-content/uploads/2020/02/GDP.png?ssl=1
Maserati wrote:
No, they’re not.
When BEA makes changes to GDP measurement; e.g. IP. They'll go back and change all the data from the previous years as well.
No, they don’t—eg. hedonic adjustments.
Genté do you honestly believe that 1930’s gdp figures are completely and properly adjusted?
You do understand that the comparison was between the 2000’s and the 1930’s
And Racket, I think, the new Biturbo is not the old Biturbo.
This is the land of 1-off’s, cars that are customized by the manufacturer, then sent on to third parties for further work. There are a few such things to be seen in L.A., but here there are many. It’s like a giant custom auto show. Lots of Arab money goes into them. Around Monaco lots of Russian and Arab money goes into them.
Genté by IP do you mean intellectual’property? Do you know that the Patent Act of 1952 made substantive changes to IP? It is impossible to go back.and adjust gdp—not only were the data not collected, in many cases the data did not even exist in a measurable form. IP is merely one example.
Hey Igy, how’s that Macy’s working out for you?
Using your favorite source:
https://www.zerohedge.com/markets/angels-are-falling-macys-downgraded-junk-stock-tumbles
Maserati,
Macy’s was Coach D’s stock, not mine. That had to be four years ago. You having flashback?
?
Igy
Maserati wrote:
Hey Igy, how’s that Macy’s working out for you?
Using your favorite source:
https://www.zerohedge.com/markets/angels-are-falling-macys-downgraded-junk-stock-tumbles
re: Down goes the Dow
Ghost of Igloi
4 years ago
coach d,I wouldn't buy Macy's with your money. Good luck.Igy
Enter Sandman wrote:
Giles Corey wrote:
You don't know?
I thought you guys knew it all?
Or you one of those guys who takes the full ride down and loses half the value of his holdings but argues he has lost nothing until he converts into cash?
Oddly, the same guys gloat about how much they make when the market goes up even though they have not yet cashed out.
Maybe you are the one who ought to "STFU"?
Nobody knows. That’s the point. To not know that makes you as dumb as that moron that started this thread. So maybe you should STFU just like that other idiot.
Did I hurt your feelings, Nancy?
Sally Vix wrote:
Ghost of Igloi wrote:
Well 3/2000-10/2002 S&P 500 -54% with NASDAQ Composite -83% same time frame, and 10/2007-3/2009 S&P 500 -59%. So that is two times in the last 20 years and the distortions are much greater today.
Igy back to 2000 and 2002. Igy - do you not understand that the market goes up and down all the time but over a long period the market has ALWAYS GONE UP. The market is up close to 500% since 2008. Why don't you ever acknowledge that? Or how the market has gone up since 1920 10% annnualy, and 11% if you include dividends reinvested and 13% for small stocks with dividends reinvested. Your favored CDs have a real rate of return of 1.03% over the last 30 years. That is terrible. Do you enjoy being poor or would you rather be rich? YOu seem to enjoy being poor.
I see. The magical market will always go up. Why?
Seems like you are just repeating what has been drilled into your head.
Posts as Sally, but is a Bob. So you should figure he is a bit confused.
Took some off the table today. This article below got me thinking to take risk off. Market is not pricing in the risk. Surprised they're allowed to put out negative opinion pieces. MSM says talking anything other than WHO talking points is spreading misinformation. Fake news.
Ghost of Igloi wrote:
Posts as Sally, but is a Bob. So you should figure he is a bit confused.
Oh, the irony!
nice rally today wrote:
Took some off the table today. This article below got me thinking to take risk off. Market is not pricing in the risk. Surprised they're allowed to put out negative opinion pieces. MSM says talking anything other than WHO talking points is spreading misinformation. Fake news.
https://www.cnbc.com/2020/02/18/chernobyl-like-response-by-china-means-worst-is-yet-to-come-for-coronavirus-raymond-james-says.html
Wuhan is a city larger than NYC so even if it stays contained there then there's no way it won't affect China's GDP and productivity. Supply chains and manufacturing are going to take a big hit but we have to assess whether anyone will care. I'm inclined to think investors won't care because they have no other option. Negative interest rates,tumbling financials, and Brexit have made the Eurozone unpalatable. South America is a sh!tshow and smart money in China fled native shores about a decade ago.
The USA remains (as usual) the only safe bet for capital gains, innovation, and freedom. All other countries are just cute little experiments
Yup.
Oh and Igy, sorry, I had forgotten about coach d.
Hey coach d, how’s that Macy’s working out for you??
Had a great day in Lausanne yesterday. I always laugh at the fact that King Carl’s spikes are at the Olympic museum. For some reason every time I’m in Lausanne, even when I’m on the boat coming into harbor, this enters my mind:
Down opens with an 80-point rebound.
all time highs again today.
This market is making me feel old. I recognize that old investors tend to be worse investors and that is hitting me hard. Guess I'm getting old.
Massive, endless gigantic deficits, high valuations, negative nominal and real interest rates, viruses, horrible politics in the US, lies being propagated, fed juicing, profit slowdown...yet the market climbs to new highs again and again.
I'm buying something like $1000 of gold every week and selling stocks pretty steadily.
Ghost of Igloi wrote:
“How many of today’s historically challenged iGadget addicted morons know GDP grew by 63% between 1933 and 1937, in the midst of the Great Depression? Meanwhile, GDP has only grown by 48% since the 2009 low, over a ten-year period. And this has only been achieved through a 100% increase in the national debt, a 450% increase in the Federal Reserve balance sheet, a decade of zero interest rates, and trillion-dollar annual deficits.”
—Jim Quinn
1933 was the bottom of an economic collapse and 1937 was the top of a rebound.
This cherry picking tells us hardly anything.
RIP: D3 All-American Frank Csorba - who ran 13:56 in March - dead
RENATO can you talk about the preparation of Emile Cairess 2:06
Running for Bowerman Track Club used to be cool now its embarrassing
Hats off to my dad. He just ran a 1:42 Half Marathon and turns 75 in 2 months!
Great interview with Steve Cram - says Jakob has no chance of WRs this year