Tiberius Posted October 2, 2020 Share Posted October 2, 2020 41 minutes ago, Buffalo_Gal said: Some reactions from the left: (WaPo deleted this) And all this guy running for congress in California 39 had to say was... This is nice... And more... But please, do tell me that Trump lowers the discourse. Trump totally lowers the discourse 1 Link to comment Share on other sites More sharing options...
TH3 Posted October 2, 2020 Share Posted October 2, 2020 (edited) 6 minutes ago, Gary M said: Time to buy!!!! My BIL is a hedge fund manager...gave me some rare insight - usually tight lipped. The market is trading at close to 30x earnings - about 50 percent overpriced. The primary driver of the market for the last 4 years has been Trump lemmings who think the orange menace is going to lead us to the promised land. All normal historical financial cost modeling has been tossed. Remember - prices are base on just a limited number of people who are willing to drive a price up - not a majority opinion. When Biden wins...these price drivers from the last 4 year are already convinced the world will go to hell....they are gonna flee....The smart guys are already betting on a huge drop. Your welcome. Edited October 2, 2020 by TH3 Link to comment Share on other sites More sharing options...
Doc Posted October 2, 2020 Share Posted October 2, 2020 Just now, TH3 said: My BIL is a hedge fund manager...gave me some rare insight - usually tight lipped. The market is trading at close to 30x earnings - about 50 percent overpriced. The primary driver of the market for the last 4 years has been Trump lemmings who think the orange menace is going to lead us to the promised land. All normal historical financial cost modeling has been tossed. Remember - prices are base on just a limited number of people who are willing to drive a price up - not a majority opinion. When Biden wins...these price drivers from the last 4 year are already convinced the world will go to hell....the are gonna flee....The smart guys are already betting on a huge drop. Your welcome. Yup. 1 Link to comment Share on other sites More sharing options...
Tiberius Posted October 2, 2020 Share Posted October 2, 2020 House Speaker Nancy Pelosi (D-Calif.) said Friday that her prayers for Trump have “intensified” and that she hopes his positive coronavirus test will be “a learning experience” for the nation. “Maybe this will be the moment where people will say, ‘Okay, mask, distance, sanitation, tracing, treatment,’ ” Pelosi said during an interview on MSNBC. Pelosi said she has not been contacted by the White House about issues related to continuity of government. She also said that she got a coronavirus test on Friday morning “out of an abundance of caution” and had not received the result yet. Link to comment Share on other sites More sharing options...
The Frankish Reich Posted October 2, 2020 Author Share Posted October 2, 2020 7 minutes ago, Gary M said: Time to buy!!!! 1. CONFIRMED: The President is symptomatic. 2. KNOWN: The President is obese. 3. KNOWN: The President suffers from metabolic syndrome and a not-uncommon form of heart disease in elderly men. You have to take all that into account. Link to comment Share on other sites More sharing options...
TH3 Posted October 2, 2020 Share Posted October 2, 2020 8 minutes ago, Gary M said: Time to buy!!!! Fox News....Chile Please Just now, Doc said: Yup. Better sell then!! 1 Link to comment Share on other sites More sharing options...
Gary M Posted October 2, 2020 Share Posted October 2, 2020 2 minutes ago, TH3 said: My BIL is a hedge fund manager...gave me some rare insight - usually tight lipped. The market is trading at close to 30x earnings - about 50 percent overpriced. The primary driver of the market for the last 4 years has been Trump lemmings who think the orange menace is going to lead us to the promised land. All normal historical financial cost modeling has been tossed. Remember - prices are base on just a limited number of people who are willing to drive a price up - not a majority opinion. When Biden wins...these price drivers from the last 4 year are already convinced the world will go to hell....they are gonna flee....The smart guys are already betting on a huge drop. Your welcome. My talking horse disagrees Link to comment Share on other sites More sharing options...
Tiberius Posted October 2, 2020 Share Posted October 2, 2020 2 minutes ago, TH3 said: My BIL is a hedge fund manager...gave me some rare insight - usually tight lipped. The market is trading at close to 30x earnings - about 50 percent overpriced. The primary driver of the market for the last 4 years has been Trump lemmings who think the orange menace is going to lead us to the promised land. All normal historical financial cost modeling has been tossed. Remember - prices are base on just a limited number of people who are willing to drive a price up - not a majority opinion. When Biden wins...these price drivers from the last 4 year are already convinced the world will go to hell....they are gonna flee....The smart guys are already betting on a huge drop. Your welcome. I'd argue that all the pump priming by the Fed is what';s pushing up the Stock Market. The money goes to banks first and then out into the market. So as long as the Fed is pumping the market should still inflate. 2 Link to comment Share on other sites More sharing options...
meazza Posted October 2, 2020 Share Posted October 2, 2020 3 minutes ago, TH3 said: My BIL is a hedge fund manager...gave me some rare insight - usually tight lipped. The market is trading at close to 30x earnings - about 50 percent overpriced. The primary driver of the market for the last 4 years has been Trump lemmings who think the orange menace is going to lead us to the promised land. All normal historical financial cost modeling has been tossed. Remember - prices are base on just a limited number of people who are willing to drive a price up - not a majority opinion. When Biden wins...these price drivers from the last 4 year are already convinced the world will go to hell....they are gonna flee....The smart guys are already betting on a huge drop. Your welcome. I think your brother in law should put that in the prospectus so his clients could see how bad of an asset manager he is. 1 Link to comment Share on other sites More sharing options...
Gary M Posted October 2, 2020 Share Posted October 2, 2020 1 minute ago, TH3 said: Fox News....Chile Please CDC data, Please Link to comment Share on other sites More sharing options...
Doc Posted October 2, 2020 Share Posted October 2, 2020 2 minutes ago, TH3 said: Better sell then!! I'm seriously considering it. But still a few more weeks. Link to comment Share on other sites More sharing options...
Tiberius Posted October 2, 2020 Share Posted October 2, 2020 Michael Moore: It’s Possible Trump ‘Lying About Having COVID-19’ to ‘Gain Sympathy’ https://www.breitbart.com/entertainment/2020/10/02/michael-moore-its-possible-trump-lying-about-having-covid-19-to-gain-sympathy/ 1 Link to comment Share on other sites More sharing options...
BillsFanNC Posted October 2, 2020 Share Posted October 2, 2020 1 Link to comment Share on other sites More sharing options...
The Frankish Reich Posted October 2, 2020 Author Share Posted October 2, 2020 Just now, Tiberius said: I'd argue that all the pump priming by the Fed is what';s pushing up the Stock Market. The money goes to banks first and then out into the market. So as long as the Fed is pumping the market should still inflate. Correct. Plus you have the individual investor's dilemma: with the Fed funds rate dropping to near zero, investors are faced with a difficult choice: keep money in a safe vehicle (FDIC insured accounts, money market funds, muni bonds, etc) and earn interest anywhere from zero to perhaps .70 percent, or put money in the stock market and pray there won't be a drop. A lot, lot, lot of investors are rolling the dice. This is the market distorting effect of extreme Fed intervention. By the way, Trump has made noises in the last 5 years about returning to the gold standard and even nominated a "gold bug," Judy Shelton, the the Fed Board. If we were on the gold standard this year we'd be in a full-on 1930s style depression. 2 Link to comment Share on other sites More sharing options...
Gary M Posted October 2, 2020 Share Posted October 2, 2020 1 minute ago, BillsFanNC said: So it's really not!!!! 2 Link to comment Share on other sites More sharing options...
Tiberius Posted October 2, 2020 Share Posted October 2, 2020 He also regularly wears a mask in public, something Trump mocked him for at Tuesday night’s debate. “I don’t wear masks like him,” Trump said of Biden. “Every time you see him, he’s got a mask. He could be speaking 200 feet away from me, and he shows up with the biggest mask I’ve ever seen.” Link to comment Share on other sites More sharing options...
BillStime Posted October 2, 2020 Share Posted October 2, 2020 50 minutes ago, Buffalo_Gal said: Some reactions from the left: But please, do tell me that Trump lowers the discourse. Ok! 2 days before his coronavirus diagnosis, Trump mocked Biden for wearing a face mask 3 Link to comment Share on other sites More sharing options...
Whatnot78 Posted October 2, 2020 Share Posted October 2, 2020 6 minutes ago, The Frankish Reich said: 1. CONFIRMED: The President is symptomatic. 2. KNOWN: The President is obese. 3. KNOWN: The President suffers from metabolic syndrome and a not-uncommon form of heart disease in elderly men. You have to take all that into account. 4. He's a New Yorker and Cuomo may want to put him in a nursing home 3 Link to comment Share on other sites More sharing options...
WEATHER DOT COM Posted October 2, 2020 Share Posted October 2, 2020 16 minutes ago, Gary M said: Time to buy!!!! Ruined hundreds of thousands and counting - ended, actually Link to comment Share on other sites More sharing options...
Tiberius Posted October 2, 2020 Share Posted October 2, 2020 1 minute ago, The Frankish Reich said: Correct. Plus you have the individual investor's dilemma: with the Fed funds rate dropping to near zero, investors are faced with a difficult choice: keep money in a safe vehicle (FDIC insured accounts, money market funds, muni bonds, etc) and earn interest anywhere from zero to perhaps .70 percent, or put money in the stock market and pray there won't be a drop. A lot, lot, lot of investors are rolling the dice. This is the market distorting effect of extreme Fed intervention. By the way, Trump has made noises in the last 5 years about returning to the gold standard and even nominated a "gold bug," Judy Shelton, the the Fed Board. If we were on the gold standard this year we'd be in a full-on 1930s style depression. The market is the only thing to be in now, where else to put assets? Land? But you have to pay taxes on that. So its the stock market for now into the future 1 Link to comment Share on other sites More sharing options...
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