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Started By
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re: Stock market just fell off a cliff... -1,193.70
Posted on 2/27/20 at 6:03 pm to IrishTiger89
Posted on 2/27/20 at 6:03 pm to IrishTiger89
He took over an economy that was being artificially propped up through the use of quantitative easing.... And adding low-paying part-time service industry jobs.... Trump is adding quality high-wage jobs
0
Posted on 2/27/20 at 6:05 pm to reo45
This is a big deal. One of Trumps biggest weapons is the good economy. We don’t want him too lose that.
Posted on 2/27/20 at 6:05 pm to reo45
quote:
The world won't end if the stock market collapses because of a virus dumb arse.
Lol! Breathe.....lol!
Posted on 2/27/20 at 6:07 pm to reo45
quote:
And this is with the QE since last October through repo market and last year lowering interest rates and reversing course after raising them (a paltry 0.25 if a percent three times I believe) to save such a robust economy *cough*--not corona but the bullshite gets me.
Money supply has gone back up to prop up the continuing phony markets and economy since last year and now there is no more juice to provide the artificial lift.
Get out while you can.
Do yourself a favor. Make an appointment with your financial advisor and slap the ever loving shite of of them for allowing you to be this stupid when it comes to investing.
This post was edited on 2/27/20 at 6:07 pm
Posted on 2/27/20 at 6:17 pm to Darth_Vader
Debate me.
Did we not start QE last October? Yes or no?
Did we not reverse course on interest rates last year after recession signs kicked in, stocks started going south, and this is after raising rates a meager 0.25 if 1 percent?
On what earth is that a sign if a good economy?
The real unemployment rate is still around 21 percent measured by shadowstats which uses the rate applied before they changed it to fit their 1984 economic measurements.
And remember this thread for the next month. When I am proven right y'all all should ban yourselves. I'll even make a wager that the market will continue to collapse another another 10% and if I am wrong I'll self ban.
How about any takers?
Did we not start QE last October? Yes or no?
Did we not reverse course on interest rates last year after recession signs kicked in, stocks started going south, and this is after raising rates a meager 0.25 if 1 percent?
On what earth is that a sign if a good economy?
The real unemployment rate is still around 21 percent measured by shadowstats which uses the rate applied before they changed it to fit their 1984 economic measurements.
And remember this thread for the next month. When I am proven right y'all all should ban yourselves. I'll even make a wager that the market will continue to collapse another another 10% and if I am wrong I'll self ban.
How about any takers?
Posted on 2/27/20 at 6:19 pm to cwill
quote:
Holy shite, fricker tanked hard after my last look in around 2:30. O&G screaming down too and E&P equities getting what was left of their nuts, crushed into dust.
That’s ^^^ exactly where I’m going to be looking to buy, O&G tomorrow. Probably some airlines too, just sprinkle in some of that dip fund every day the market moves down 2-3% . If you had enough cash to buy on the way down when this sell off started and the world doesn’t end from a viral pandemic your gonna be fine in a the long term.
Posted on 2/27/20 at 6:21 pm to reo45
quote:
ood economy?
The real unemployment rate is still around 21 percent measured by shadowstats which uses the rate applied before they changed it to fit their 1984 economic measurements.
There’s more job openings than bodies to fill them......some people need to get off faux disability and get to work.
Posted on 2/27/20 at 6:25 pm to Bass Tiger
quote:
There was an interesting news blurb
Most news is total trash/propaganda.
quote:
China......14% of them are still testing positive for the virus just like someone who is still actively fighting the virus.
China and truth, ???
quote:
.is that normal?
Don't know, don't know if it's true either.
quote:
I wonder if they’re still contagious?
I won't consult the 'news stations' for confirmation. China is communist and the CDC bitch is a big govmnt statist.
It may or may not be an issue, but I've seen/heard all of this chicken little before.
I have yet to see real proof that this thing is more lethal to the masses other than the usual elderly/compromised immune system individuals.
Contagious, sure but it's not Ebola.
Posted on 2/27/20 at 6:26 pm to CajunLiberal
quote:
You all act like Trump took over an economy that was in a complete ruin and waived his tiny orange triple a battery sized fingers over it and poof, everything was good. Try actually looking at the data you leptons.
Posted on 2/27/20 at 6:27 pm to 91TIGER
quote:
I have yet to see real proof that this thing is more lethal to the masses other than the usual elderly/compromised immune system individuals.
It's not.
Nothing like Ebola
Posted on 2/27/20 at 6:41 pm to Bass Tiger
quote:
Probably some airlines too
I would hold off on that one, things are about to get far worse for them as more and more nations roll out travel restrictions.
They are about to get hammered IMHO
Posted on 2/27/20 at 7:01 pm to reo45
quote:
Get out while you can.
Welp, I might as well die of covid-19 if my 401K is going to TANK.
I didn't listen to you idiots during Y2K and I aint going to listen now.
Please back away from the ledge.
Posted on 2/27/20 at 7:08 pm to reo45
quote:
Get out while you can.
Yea errbody. Let’s jump into those half percent to 1 percent bank cds. Picture me rollin!!
Posted on 2/27/20 at 7:09 pm to reo45
quote:
I'll even make a wager that the market will continue to collapse another another 10% and if I am wrong I'll self ban.
Not me, I was the one who made the post two days ago that 23,000 was more likely than 32,000. Collected more downvotes from the sunshine pumpers for that prediction than anything.
This post was edited on 2/27/20 at 7:10 pm
Posted on 2/27/20 at 7:27 pm to Bass Tiger
Had a chunk of money sitting in a AmericanExpress online savings account for the highest interest
Moved it out and it trades tomorrow
Thank you panic posse
Moved it out and it trades tomorrow
Thank you panic posse
Posted on 2/27/20 at 7:28 pm to Bass Tiger
quote:
That’s ^^^ exactly where I’m going to be looking to buy, O&G tomorrow.
Go ahead lose your money...the industry was broken and on the verge of a wave of BKs well before corona kicked it off the ledge.
Posted on 2/27/20 at 7:30 pm to reo45
quote:
Get out while you can.
WTF?
Is the mantra "sell low" now?
Posted on 3/12/20 at 11:24 am to reo45
Maybe leftists are poor because they are dumb and "sell low"?
Posted on 3/12/20 at 11:28 am to beerJeep
Is "twatwaffling" a thing?
Because, if so, reo45 is doing it.
Talk about a toothless, feckless "gotcha"...
Because, if so, reo45 is doing it.
Talk about a toothless, feckless "gotcha"...
Posted on 3/12/20 at 11:33 am to reo45
quote:
How about any takers?
Bro, you are on a POLITICAL forum. They don't understand the funding markets, they don't understand the macro picture, and they don't understand that this is a massive credit bubble getting pricked by Wuhan, that has always been inevitable. 12 years of bad monetary policy coming home to roost. Funny enough, they will double down just like the ECB just did this morning
The best part is both libs and conservatives will start pointing fingers at presidents and parties and it's their central bank that is the driver.
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