Ghost of Igloi wrote:Who’s gonna buy PLUG?
I'm putting all my chips on PLUG, BTC and TSLA. Let it ride, baby! ;-)
Ghost of Igloi wrote:Who’s gonna buy PLUG?
I'm putting all my chips on PLUG, BTC and TSLA. Let it ride, baby! ;-)
Go for it! Seven come eleven!
big money coming down the pike
the Fed better replace now all its 'make money' buttons - they might get worn out this year.
https://twitter.com/JimPethokoukis/status/1350106023311323140?s=20
The Market is forward looking. ?
agip wrote:
big money coming down the pike
the Fed better replace now all its 'make money' buttons - they might get worn out this year.
https://twitter.com/JimPethokoukis/status/1350106023311323140?s=20
Don't forget that we also have Jerome "Infinite QE" Powell leading the Fed and a Secretary of Treasury that wants the Fed to be able to buy equities
https://www.cnbc.com/2020/04/06/yellen-says-the-fed-doesnt-need-to-buy-equities-now-but-congress-should-reconsider-allowing-it.htmlImagine being a bear and fighting against literally unlimited money
agip wrote:
big money coming down the pike
the Fed better replace now all its 'make money' buttons - they might get worn out this year.
https://twitter.com/JimPethokoukis/status/1350106023311323140?s=20
What I don’t understand is why we don’t just do this all the time? If printing trillions out of thin air means nothing but growth and prosperity?
the media is corrupt wrote:
agip wrote:
big money coming down the pike
the Fed better replace now all its 'make money' buttons - they might get worn out this year.
https://twitter.com/JimPethokoukis/status/1350106023311323140?s=20What I don’t understand is why we don’t just do this all the time? If printing trillions out of thin air means nothing but growth and prosperity?
1. Real interest rates are below zero now. This is highly unusual. The country is being paid to borrow money. So why not do it?
2. We are in an economic recession and therefore need stimulus.
3. Usually, if you borrow and spend a lot of money, you'll get inflation. The current economy seems immune from inflation. So why not borrow and spend? (this may be changing - there are signs of inflation)
Dr. Racket wrote:
agip wrote:
big money coming down the pike
the Fed better replace now all its 'make money' buttons - they might get worn out this year.
https://twitter.com/JimPethokoukis/status/1350106023311323140?s=20Don't forget that we also have Jerome "Infinite QE" Powell leading the Fed and a Secretary of Treasury that wants the Fed to be able to buy equities
https://www.cnbc.com/2020/04/06/yellen-says-the-fed-doesnt-need-to-buy-equities-now-but-congress-should-reconsider-allowing-it.htmlImagine being a bear and fighting against literally unlimited money
I get it. Mom and Dad pony up $10 for the kid’s lemonade stand. The kids take in $8 in “profits.” The wise kid down the street buys the business lemonade stand for $24 based upon “growth prospects.”
Ghost of Igloi wrote:I get it. Mom and Dad pony up $10 for the kid’s lemonade stand. The kids take in $8 in “profits.” The wise kid down the street buys the business lemonade stand for $24 based upon “growth prospects.”
Ha ha, OK that's funny!
agip wrote:
the media is corrupt wrote:
What I don’t understand is why we don’t just do this all the time? If printing trillions out of thin air means nothing but growth and prosperity?
1. Real interest rates are below zero now. This is highly unusual. The country is being paid to borrow money. So why not do it?
2. We are in an economic recession and therefore need stimulus.
3. Usually, if you borrow and spend a lot of money, you'll get inflation. The current economy seems immune from inflation. So why not borrow and spend? (this may be changing - there are signs of inflation)
Deflationary pressures are extreme right now - I think that's the real point. People aren't spending, they're just saving and paying off debt
VS-SJW-IR-TS idiot wrote:
Ghost of Igloi wrote:I get it. Mom and Dad pony up $10 for the kid’s lemonade stand. The kids take in $8 in “profits.” The wise kid down the street buys the business lemonade stand for $24 based upon “growth prospects.”
Ha ha, OK that's funny!
It explains a lot of what is going on. Hey I’ll take more stimulus dollars, but I doubt that it effective or deals with the larger issues in our economy.
https://www.wsj.com/articles/those-2-000-checks-wont-boost-the-economy-11610665993Ghost of Igloi wrote:
https://twitter.com/hussmanjp/status/1349092082099638274
well ok but GDP might rise 8% this year.
Earnings Scorecard: For Q4 2020 (with 26 of the companies in the S&P 500 reporting actual results), 25 S&P 500 companies have reported a positive EPS surprise and 22 have reported a positive revenue surprise.
Ghost of Igloi wrote:
The Market is forward looking. ?
Correct.
Ghost of Igloi wrote:
VS-SJW-IR-TS idiot wrote:
Ha ha, OK that's funny!
It explains a lot of what is going on. Hey I’ll take more stimulus dollars, but I doubt that it effective or deals with the larger issues in our economy.
https://www.wsj.com/articles/those-2-000-checks-wont-boost-the-economy-11610665993
Benn Eifert nails it.
"You see, what The Poors do is forecast forward the probability distribution of their lifetime earnings, and then solve a Hamiltonian equation that relates the marginal utility of consumption today to the expected marginal utility of consumption at age 97..."
What was the market thinking on February 23rd of last year? I suppose Mr. Market missed the call to Jerome Powell. ?
Sally,
Hussman killing the the Dow +0.68 and HSGFX +4.23%. Better make the swap before the gap gets bigger.
https://www.morningstar.com/funds/xnas/hsgfx/performance
Igy
agip wrote:
Ghost of Igloi wrote:
https://twitter.com/hussmanjp/status/1349092082099638274well ok but GDP might rise 8% this year.
Is that even a worthy goal? Certainly pouring money into tens of thousands of lemonade stands is not an effective use of the nation’s resources.