TH3 Posted March 12, 2020 Posted March 12, 2020 (edited) 1 minute ago, Deranged Rhino said: Why not between 2009-20016? My kids were in college....keep trying Edited March 12, 2020 by TH3
Doc Posted March 12, 2020 Posted March 12, 2020 2 minutes ago, TH3 said: Not hard to predict that what DT does would end up in a mess....seeing as EVERYTHING he has done for 30 years has left his stakeholders holding the bag while he skates...how does it feel stakeholder? So now Trump is responsible for China's ***** up.
Deranged Rhino Posted March 12, 2020 Posted March 12, 2020 Just now, TH3 said: My kids were in college....keep trying I don't have to try. You've exposed yourself as a tiny brained, unpatriotic person long ago. Today removed any doubt.
IDBillzFan Posted March 12, 2020 Posted March 12, 2020 9 minutes ago, TH3 said: The downfall of DT is good news bro! No matter the price, apparently. Not surprising. Hard to remember the last time a Democrat did anything that was for the betterment of the country. Well, they did run Hillary. But it feels more like an unforced error.
OldTimeAFLGuy Posted March 12, 2020 Posted March 12, 2020 16 minutes ago, Doc said: So now Trump is responsible for China's ***** up. ...on your way out for LoMein tonight?...just askin'..............
TPS Posted March 12, 2020 Posted March 12, 2020 1 hour ago, TH3 said: I said 21k I have not put anything in equities since DT got elected.....I figured he would do nothing of substance, drive up the debt and ultimately the market would crash....for Bush...it was massive over leverage in the housing market...for DT - its the CV.... He and Mitch have done nothing of substance other than juice the market....come November even you knuckleheads will have nothing to hold on to....and we will be on to a better place... You missed out on some big gains then. When you cut corp taxes, that is a BIG buy sign...
keepthefaith Posted March 12, 2020 Posted March 12, 2020 10 minutes ago, TPS said: You missed out on some big gains then. When you cut corp taxes, that is a BIG buy sign... Yes me too when I didn't sell a bunch in January when everything in my bones told me to do so. Riding it into the crapper now like many, but will have to go in even greater as the dust settles. Will likely be a long climb back though. Years.
Trump_is_Mentally_fit Posted March 12, 2020 Posted March 12, 2020 48 minutes ago, Deranged Rhino said: I don't have to try. You've exposed yourself as a tiny brained, unpatriotic person long ago. Today removed any doubt. You are calling someone else unpatriotic? Wow
Doc Posted March 12, 2020 Posted March 12, 2020 38 minutes ago, OldTimeAFLGuy said: ...on your way out for LoMein tonight?...just askin'.............. The family actually had some Chinese food last night. I'm not a fan of Lo mein by my MIL had some. 1
3rdnlng Posted March 12, 2020 Posted March 12, 2020 19 minutes ago, keepthefaith said: Yes me too when I didn't sell a bunch in January when everything in my bones told me to do so. Riding it into the crapper now like many, but will have to go in even greater as the dust settles. Will likely be a long climb back though. Years. Remember the actual economy was/is very strong other than this blip. If/when the virus gets under control it will be one hot market. 1
TPS Posted March 12, 2020 Posted March 12, 2020 41 minutes ago, keepthefaith said: Yes me too when I didn't sell a bunch in January when everything in my bones told me to do so. Riding it into the crapper now like many, but will have to go in even greater as the dust settles. Will likely be a long climb back though. Years. We have similar analyses....completely agree.
B-Man Posted March 12, 2020 Posted March 12, 2020 GOOD ADVICE FROM STACY TABB OF BOONDOCK STUDIOS: As people practice social distancing, it is also important to remember the small businesses around you too. Find out if you can purchase from them on line. All the events being shut down had vendors who count on those sales to make it through the year. Sometimes these aren’t just small businesses, they are micro businesses and support only one person. — Remember all of us tiny business owners, if you would. Another suggestion is that if there’s a restaurant or other business you like but don’t want to patronize right now, buy a gift certificate — maybe even online — and you can use it later, but the cash flow will help them now. . 1
keepthefaith Posted March 13, 2020 Posted March 13, 2020 1 hour ago, 3rdnlng said: Remember the actual economy was/is very strong other than this blip. If/when the virus gets under control it will be one hot market. Maybe but the economy you speak of is in the rear view mirror. Sharp reductions in consumer and business spending will undoubtedly put us into a recession by 3rd quarter of this year. There will be a lot of businesses hurting or posting lesser results for some time, and they will reduce hiring and payrolls. It'll take a long time for earnings to rebound and for the market to trade anywhere near a 20PE again. It's taken 7 years or so for each of the past 2 recessions for the S&P to get back to even after the onset of those bear markets. 1
3rdnlng Posted March 13, 2020 Posted March 13, 2020 28 minutes ago, keepthefaith said: Maybe but the economy you speak of is in the rear view mirror. Sharp reductions in consumer and business spending will undoubtedly put us into a recession by 3rd quarter of this year. There will be a lot of businesses hurting or posting lesser results for some time, and they will reduce hiring and payrolls. It'll take a long time for earnings to rebound and for the market to trade anywhere near a 20PE again. It's taken 7 years or so for each of the past 2 recessions for the S&P to get back to even after the onset of those bear markets. Yes, but those recessions came about because of a weak economy which this isn't.
TPS Posted March 13, 2020 Posted March 13, 2020 37 minutes ago, 3rdnlng said: Yes, but those recessions came about because of a weak economy which this isn't. Are you suggesting there won't be a recession because of this? If so, I'd like to make a bet...
keepthefaith Posted March 13, 2020 Posted March 13, 2020 1 hour ago, 3rdnlng said: Yes, but those recessions came about because of a weak economy which this isn't. With super low interest rates and low taxes and ongoing big gov spending stimulus we should be able to rebound if the virus passes but there are so many moving parts in the economy.
GG Posted March 13, 2020 Author Posted March 13, 2020 5 minutes ago, keepthefaith said: With super low interest rates and low taxes and ongoing big gov spending stimulus we should be able to rebound if the virus passes but there are so many moving parts in the economy. It's a timing issue. The longer this lasts, the higher the probability of a downturn. 1
TakeYouToTasker Posted March 13, 2020 Posted March 13, 2020 5 hours ago, Foxx said: FIRE SALE ON EQUITIES!!!! Get em’ while they’re hot!
3rdnlng Posted March 13, 2020 Posted March 13, 2020 50 minutes ago, TPS said: Are you suggesting there won't be a recession because of this? If so, I'd like to make a bet... Not at all. GG is correct that the longer it lasts the higher probability of a downturn. If there were to be a big breakthrough soon regarding the virus the market would come roaring back because the confidence would be there. The GDP is another thing. It will reflect how long and how deep the supply issues go on.
TPS Posted March 13, 2020 Posted March 13, 2020 7 minutes ago, 3rdnlng said: Not at all. GG is correct that the longer it lasts the higher probability of a downturn. If there were to be a big breakthrough soon regarding the virus the market would come roaring back because the confidence would be there. The GDP is another thing. It will reflect how long and how deep the supply issues go on. The probability of a recession is now 100%. The damage has been done, and no matter what the "big breakthrough" is, it will take some time for people to recover from this.
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