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AmericanPsycho99
Favorite team: | |
Location: | |
Biography: | |
Interests: | |
Occupation: | Financial professional |
Number of Posts: | 121 |
Registered on: | 9/3/2021 |
Online Status: | Not Online |
Recent Posts
Message
re: Democrats control the House, Senate and White House...
Posted by AmericanPsycho99 on 10/26/21 at 8:12 pm
[quote]
And just how much oil a day does the US import after Biden has been President for 10 months?
[/quote]
Probably will reach around 8.86 million at the end of this year.
Last year's net import balance being negative was purely demand driven. Demand dropped in 2020 due to the pandemic.
...
re: My Generation (Millenials) is stuck in perpetual childhood
Posted by AmericanPsycho99 on 10/26/21 at 8:07 pm
Do you talk to the average millennial?
I think you're living in an internet bubble.
Outside of vocal internet users, nobody gives a damn about that. People who watch TikTok are not millennials but people under 20 (Gen Z).
Get off the internet/twitter and talk to most millennials in real ...
re: Democrats control the House, Senate and White House...
Posted by AmericanPsycho99 on 10/26/21 at 8:03 pm
[quote]We were oil independent. What is happening globally should have had no effect on us whatsoever[/quote]
Where on earth is this coming from?
[b]WE WERE NOT OIL INDEPENDENT AND NEVER HAVE BEEN OIL INDEPENDENT[/b]
The US imports around 8 million barrels of crude oil a day and did so und...
re: Democrats control the House, Senate and White House...
Posted by AmericanPsycho99 on 10/26/21 at 7:55 pm
[quote]I could care less how much gas costs the rest of the world. That's their problem. We were self sufficient in oil and energy this time last year and gas was $1.75/gal or thereabout nationally. Trump's energy policy helped make that possible. Yes, Biden bears a lot of the blame after reversing ...
re: My Generation (Millenials) is stuck in perpetual childhood
Posted by AmericanPsycho99 on 10/26/21 at 7:38 pm
Zuck is the only young one.
Musk is 50. The guy may enjoy dating 30-year-old women but he's not a millennial. The guy's older than my Dad.
By boomer, I just meant older than a millennial.
But the median CEO is 54-years-old. They're approaching the retirement years, not just in their late...
re: Democrats control the House, Senate and White House...
Posted by AmericanPsycho99 on 10/26/21 at 7:35 pm
I'm not a finance grad.
I'm working at a fixed income fund so mainly trading asset-backed securities and bonds.
...
re: Democrats control the House, Senate and White House...
Posted by AmericanPsycho99 on 10/26/21 at 7:33 pm
[quote]Once you have been on the job 30 days, you don't get to blame your predecessor anymore.
[/quote]
I don't think it's his predecessor's fault either.
Central banks have caused this which is why inflation is occurring globally.
...
re: Democrats control the House, Senate and White House...
Posted by AmericanPsycho99 on 10/26/21 at 7:32 pm
[link=(https://www.politifact.com/factchecks/2021/jul/29/rick-scott/blame-joe-biden-inflation-most-government-spending/
)]Politifact markes 'Joe Biden causing inflation' as mostly false[/link]
This is basic economics.
2/3 of government spending was in 2020.
You're not going to see inflat...
re: Democrats control the House, Senate and White House...
Posted by AmericanPsycho99 on 10/26/21 at 7:24 pm
How many times does this have to be repeated?
There's plenty of things Biden should be criticized for.
Gas prices are rising globally. It has very little to do with Biden.
Groceries and bills are rising because asset prices have been inflated through quantitative easing. The Federal Rese...
re: My Generation (Millenials) is stuck in perpetual childhood
Posted by AmericanPsycho99 on 10/26/21 at 7:19 pm
Argue the point and you'll get a response.
You've randomly brought up a press secretary as if she has control over the levers of power. From news organizations to charities, older people are making the decisions. ...
re: My Generation (Millenials) is stuck in perpetual childhood
Posted by AmericanPsycho99 on 10/26/21 at 7:17 pm
[quote]Look at the mean mugging picture of Psaki and all the low level underlings.[/quote]
Look at the President of the US and the previous President of the US.
Youthful men they are not. Being 77 (time of Biden's inauguration) and 71 (I think Trump was 71 at the time of inauguration) are not ...
re: My Generation (Millenials) is stuck in perpetual childhood
Posted by AmericanPsycho99 on 10/26/21 at 7:12 pm
[quote] But this is a completely un-serious country right now, and the millenials are the ones driving the clown car.[/quote]
Who do you think is at the top of these institutions? It isn't millennials. Boomers are the ones who drive society.
[quote]
Why would someone with this lifestyle care...
re: Uncorrelated ETFs - any suggestions that aren't bonds/commodities?
Posted by AmericanPsycho99 on 10/26/21 at 6:37 pm
[quote]The tough part about this is that you’re going to be looking at 10-20 year correlations in an effort to avoid high inflation that was 40 years ago - it’s apples to oranges.
[/quote]
For some alternative ETFs, it's not even 10 years. I found one ETF that has the explicit purpose of providi...
re: COVID vaccine evading variant is here.
Posted by AmericanPsycho99 on 10/26/21 at 6:25 pm
[quote]
You realize that low R rate viruses tend to be more deadly, right?
[/quote]
Yes, I understand that. That's exactly why it doesn't become an issue. The virus cannot spread, which is why even though it initially kills people, it stops.
And it's not an exact relationship. You can have ...
re: Kelli Ward and Mark Finchem say Pima County AZ had 100.6% voter turnout for 2020 GE...
Posted by AmericanPsycho99 on 10/26/21 at 6:22 pm
[quote]Oh I know, some Marxists will say same day registration is how the voter turnout clipped 100% but it's interesting to note, there wasn't one Republican controlled precinct that I'm aware of that got more than 85% voter turnout in the whole United States and I believe there were several counti...
re: COVID vaccine evading variant is here.
Posted by AmericanPsycho99 on 10/26/21 at 6:12 pm
I did the work and read the paper. On reading the paper, it's not as alarmist as the guy is suggesting.
The paper itself noted that a heterologous treatment would possibly offer robust protection against the A.30 variant. The paper also doesn't offer any data on whether the A.30 variant spreads ...
re: Washington Free Beacon - The Two American Countercultures -
Posted by AmericanPsycho99 on 10/26/21 at 5:28 pm
[quote]those are liberal principles?[/quote]
I'm fairly sure if you interviewed most corporate executives pre-Trump, they'd have said they were Republican.
Heck, go to any financial firm pre-Trump and pretty much everyone was a Republican (economically conservative, socially liberal). People ...
re: What’s the Difference Between Bush’s High Gas Prices Vs Biden’s now?
Posted by AmericanPsycho99 on 10/26/21 at 5:17 pm
[quote]You haven't been on here long but your holier than thou and I'm the ultimate authority attitude is already wearing thin. The Saudis were partly responsible, but when you have an administration openly hostile to the O&G industry along with its minions in the governors' mansions, you'll eventua...
re: What’s the Difference Between Bush’s High Gas Prices Vs Biden’s now?
Posted by AmericanPsycho99 on 10/26/21 at 4:51 pm
[quote]
Which had little effect on America since we produced and processed the vast majority of our own oil.[/quote]
It has a big effect. In order to compete, American producers have to lower their prices. Think about what you're saying here - there would be so many arbitrage opportunities if th...
re: Harvard Pre-med Student Quits School - guess why?
Posted by AmericanPsycho99 on 10/26/21 at 4:41 pm
[quote]I am sure there is more to the story. She was probably ready to quit or about to get kicked out.[/quote]
From friends who go there, it's very, very hard to be kicked out. You must have really, really messed up to be kicked out - Harvard is hard to get in but hard to fail out. There's going...
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