Down goes the Dow

Yeah, can’t wait for the Fed to start burning money live on TV!

huah redux

agip out redux

Agip back.

Junk bonds are up 8% today.

That probably means the fed is buying junk bonds.

What the &^*(^%()().

That is insane.

Buy gold.

Over the next week to two weeks, the worst of the first wave of CV-19 will be behind us, and the actual total fatalities will be much lower than most of the projections. I see people getting very optimistic for the future over the next two weeks. I think the markets will get pretty frothy.

the idiot wrote:

Over the next week to two weeks, the worst of the first wave of CV-19 will be behind us, and the actual total fatalities will be much lower than most of the projections. I see people getting very optimistic for the future over the next two weeks. I think the markets will get pretty frothy.

This storm won’t be over until we have a vaccine.

This Fed manipulation to prop up the economy right now is mind boggling. There will come a time where the effects of this period will be catastrophic, but at lead Trump will win re-election!

BmoreRunner wrote:

the idiot wrote:

Over the next week to two weeks, the worst of the first wave of CV-19 will be behind us, and the actual total fatalities will be much lower than most of the projections. I see people getting very optimistic for the future over the next two weeks. I think the markets will get pretty frothy.

This storm won’t be over until we have a vaccine.

This Fed manipulation to prop up the economy right now is mind boggling. There will come a time where the effects of this period will be catastrophic, but at lead Trump will win re-election!

lol "Fed manipulation." They're using the money that Congress gave them to make loans and buy certain assets during an unprecedented economic shutdown. You see that word? As in, this has literally never happened on this scale in the history of modernity.

My theory on this is that there's a bunch of salty people who think the entire economy should collapse just because they've been privileged enough to build up a savings account and they're dumb enough to believe they'll be able to ride out the biggest economic collapse this country has ever suffered. The only thing people love more than being a victim is being able to say "I told you so" and when it comes to armchair economics, well, we all know how much Joe the Boomer envisions the praise he'll receive for being right at the next company holiday party.

And as for gold: nobody gives a sh!t about gold as money anymore. It's a commodity primary used by microcircuit and hardware companies and if they go under then so will gold

Fed manipulation. Give me a break

It’s working well. Mortgage rates are going up, home sales down! ?

Racket wrote:

And as for gold: nobody gives a sh!t about gold as money anymore. It's a commodity primary used by microcircuit and hardware companies and if they go under then so will gold

ak

If gold is an industrial commodity, as you seem to be arguing,...then why is it up 26% over the past year as economies shrink?

the idea to own gold is that in a crisis, currencies will start failing and people will convert their paper money to gold. I think that is a pretty good bet as the dollar rises and emerging markets debt falls like mad. They borrowed in cheaper dollars so this thing is killing them.

Banks are going to get squeezed by poor loan portfolios and low rates. Similar to Euro banks. There will be ramifications for Fed nonsense. It is not zero sum. The coming decade will not be good for investors.

Ghost of Igloi wrote:

Banks are going to get squeezed by poor loan portfolios and low rates. Similar to Euro banks. There will be ramifications for Fed nonsense. It is not zero sum. The coming decade will not be good for investors.

It will be a worse decade for non-investors.

Ghost of Igloi wrote:

Banks are going to get squeezed by poor loan portfolios and low rates. Similar to Euro banks. There will be ramifications for Fed nonsense. It is not zero sum. The coming decade will not be good for investors.

What Fed nonsense?

You have to be kidding? Buying junk bonds for example.

I confess I am astonished to see the market rebounding in this fashion.

Not an argument, rather genuine curiosity: What am I missing here? What are investors seeing that I am not?

PRD wrote:

Ghost of Igloi wrote:

Banks are going to get squeezed by poor loan portfolios and low rates. Similar to Euro banks. There will be ramifications for Fed nonsense. It is not zero sum. The coming decade will not be good for investors.

It will be a worse decade for non-investors.

?

Sucker’s rally boosted by Fed actions.

Ghost of Igloi wrote:

You have to be kidding? Buying junk bonds for example.

Why would asking a question be interpreted as kidding? That description would be more appropriate for a statement, not a query.

Thank you for your example.

Maybe the market hopes lots of old, rich people will die of Covid-19, then their cash will be spent in record time, I don’t know.

Obviously, the market did not decline for the reasons you've claimed it would over the past many years.

With that being said, when do you now think that decline will happen? I'm sure if it does for those reasons, it will last much longer than this one will.

No, you have eaten every post you have made over the past five years. And for some reason you think desperate moves by politicians and the Fed is going to save your foolish speculation?