Are you still going? Might be some strange experiences for you. I wish you all the best if you go, be careful. Even if you wear a mask, they of course make you take it off for security checks. Gloves, too.
Are you still going? Might be some strange experiences for you. I wish you all the best if you go, be careful. Even if you wear a mask, they of course make you take it off for security checks. Gloves, too.
Kevin is so dumb that I can’t feel any anger toward him, just a sort of pity. I used to know a girl like that once, who was elevated to positions coveted by everyone, and she was dumber than a bag of hammers, but also pitiable. It was fascinating. I studied her situation closely.
Maserati wrote:
Are you still going? Might be some strange experiences for you. I wish you all the best if you go, be careful. Even if you wear a mask, they of course make you take it off for security checks. Gloves, too.
Trip down WW1 Western Front memory lane isn't till June anyways so hopefully all this is blown over by then. Maybe this will also nuke the euro and I'll have a highly favorable exchange rate.
I mean, not that I want a global recession or anything.
Maserati wrote:
Kevin is so dumb that I can’t feel any anger toward him, just a sort of pity. I used to know a girl like that once, who was elevated to positions coveted by everyone, and she was dumber than a bag of hammers, but also pitiable. It was fascinating. I studied her situation closely.
actually lol'd when I read this haha
Consumer spending is up and household incomes increased :
"Household income rose solidly in January and consumer spending edged higher, while inflation remained in check, signs of stability for the U.S. economy at the start of the year.
Personal-consumption expenditures, or household spending, rose a seasonally adjusted 0.2% in January from December, the Commerce Department said Friday. Personal income advanced 0.6% last month, the largest gain in 11 months. Economists surveyed by The Wall Street Journal expected a 0.2% increase in spending and a 0.4% gain in personal income.
Friday’s data reflects income, spending and prices measured in January, before heightened concerns about the coronavirus caused U.S. officials to issue warnings.
Gains in income and spending came against the backdrop of still-modest inflation pressures. The price index for personal-consumption expenditures, the Federal Reserve’s preferred inflation gauge, rose 0.1% on the month and was up 1.7% from a year earlier."
We are looking at tickets again, maybe for August this year. I’m going to wait and try to find a deal, and see how things progress. I would hate to not go this summer, but it might come to that. I was thinking of booking passage on the QE2 before this happened, but no longer.
Bloodbath open in 12 minutes.
futures went from bad to worse real quick. super tempted to start slinging NQ futures again to relive the glory days
The stock market decline is one part coronavirus fears (similar to the wake of Sept. 11 when people stopped taking airplane flights) and one part fears of a Democrat presidential candidate fears. Part of the dramatic gains in the stock market under were due to the cut in corporate income taxes from 35% to 21%. Candidates like Sanders and Mayor Pete are vowing to return it to 35%. Speculators are betting that the coronavirus will knock Trump from office and usher in a reversal of Trump's tax cuts which will push us into recession.
comedyrelief wrote:
The stock market decline is one part coronavirus fears (similar to the wake of Sept. 11 when people stopped taking airplane flights) and one part fears of a Democrat presidential candidate fears. Part of the dramatic gains in the stock market under were due to the cut in corporate income taxes from 35% to 21%. Candidates like Sanders and Mayor Pete are vowing to return it to 35%. Speculators are betting that the coronavirus will knock Trump from office and usher in a reversal of Trump's tax cuts which will push us into recession.
I'm not saying you're wrong, but that's the most self-fulfilling of all prophecies I've ever heard
Hey Donald!
SPX at 15% decline, which is exactly the size of the average correction during a year.
VIX is at 47, which, if it closed here, would be the highest close since the financial crisis.
and we hit ALL TIME HIGHS last week.
Totally insane. Blood is on the streets.
I am buying, with a long term horizon.
FFS
The yield on the benchmark U.S. Treasury 10-year note has dropped to a record low of
1.17%. The 10-year German bond (bund) yield hit a five-month low of -0.616%
So are you selling bonds?
Seriously, stocks will again be the place to be. agip what do you mean by long-term?
agip wrote:
FFS
The yield on the benchmark U.S. Treasury 10-year note has dropped to a record low of
1.17%. The 10-year German bond (bund) yield hit a five-month low of -0.616%
This just occurred to me : what are mortgage rates tied to in countries with negative rates? Does that mean a bank will pay me to buy a house lol
Maserati wrote:
So are you selling bonds?
Seriously, stocks will again be the place to be. agip what do you mean by long-term?
I have some cash stockpiled so I'm going through that first, but yeah after that I expect to sell bonds and use the proceeds to buy stocks. I'll buy every hour or something like that. Until the VIX goes below 25 or something like that.
By the way I look at it...*not* buying at VIX 48 is the sort of thing we'll look back on and slap ourselves for. unless this is another financial crisis, buying at this level of fear is a good bet.
Long term is 3 or more years in my universe.
some bargain hunting going on in techland...Vanguard tech ETF down just 70 bps.
if some tech stocks start rising, the algos are likely to flip the switch and start buying in size.
agip wrote:
some bargain hunting going on in techland...Vanguard tech ETF down just 70 bps.
if some tech stocks start rising, the algos are likely to flip the switch and start buying in size.
ok VGT, the vanguard tech etf is now in the green.
I suspect today will recover losses. We'll see.
huge money coming into tech stocks...VGT now up 1.5%.
This can be a rip the heads off the shorts rally.
Doesn't mean we won't retest the lows, but this is big money coming in...and we know many many big pots of money paid up big prices for puts. Which could start being large losses in a nanosecond, requiring buys to hedge.
1:49.84 - 800m Freshmen National Record - Cooper Lutkenhaus (check this kick out!!)
Emma Coburn to miss Olympic Trials after breaking ankle in Suzhou
Jakob on Oly 1500- “Walk in the park if I don’t get injured or sick”
VALBY has graduated (w/ honors) from Florida, will she go to grad school??
Men who run twice a day and the women who love/put up with them