LOLz

Gonna be a bloodbath. I've been through it a couple times before, but prolly not of this scope. And I fear this time more retail sites will become ghost towns compared to prior retail recessions....

The new big tech corporatists are every bit as keen on amassing power and wealth. Indeed, they are better at it, and there's no enforcement of anti-trust laws to slow them down.

Huh? Are you suggesting that markets are governed by natural law?

Gotta agree with the Bunny on this. Until 2008, the Fed's chief mission was to curb inflation, but that changed in late 2008, when the Fed pulled out the stops to thwart a possible debt-deflation...

Yeah, notwithstanding Fed printing money go brrrrrr, there will be post-Covid 19 augmentation of deflationary pressures that have been there for awhile (e.g., race-to-the-bottom global cheap labor)....

Yeah, at my age, asset preservation is high priority. Glad and lucky I did some profit taking via rebalancing a couple times a year starting in 2017, thus starting 2020 with a good chunk of cash, CDs...

You posted numerous times that smart guys don't pay off their homestead debt because keeping the debt in place frees up cash to make more easy $$$ in the stock market. Did you go back and delete all...

That has been the long trend for a decade. Covid-19 accelerates it.

This from the guy who has been telling us for years to crank up the debt to embellish your position in the stock market. #ChangeTuneBunny

That's not the headline. Yes, of fucking course, many...

Cherry pick headline. Rents for all brick & mortar retail will decline -- for Starbucks and Flo's Hair Cottage and Skip's Vacuum Repair, if the latter two survive.

Because the 70% are consumers (apples) and the 10% are owners (oranges)? What point are you trying to make?

Yes, of course, and that things would be so much better but for the CHY-nuh virus, freedom-hating Democrat Governors and brown-skinned rapists and murderers taking away jobs from real Americans.

I'm talking about a subset of small biz, to wit, brick & mortar retail, which has been dying a slow death for a decade. Covid-19 abruptly and acutely will accelerate the B&M retail death spiral. As I...

TGR contrarian view: Big die off on Main Street comin', market share goes to Amazon and other big e-tail. Yesterday I talked to a UPS driver and a FedEx driver, both of whom described the last month...

Really? I haven't seen a CD rate over 2.75% since the 1990s.

ETA: Looks to be a special product, not a traditional CD:...

AIG defaulted on tens of thousands of GICs. Feds bailed out those contracts, but that might not happen next time.

until the carrier goes into receviership, which sometimes happens

$2 trillion++ burst of socialism = inflationary pressure. But we aint gonna see double digit interest rates in my lifetime cuz central banks have figured out how to curb inflation with monetary...

This. If and when 10-year Treasury notes go to 3% or above, a shitload of retired boomer money will start moving out of equities

The computers are afraid of missing the bottom and institutional investors find some solace in formation of pacts of NE governors and Left Coast governors.

We bought some when the Dow was 19K as...

apparently so

Largely true, although the weird tracking of corporate bonds and equity markets -- both the up and the down -- kinda threw a wrench in the classic 100 - your age mix. We have been more conservative...

60+ age group should have had large cash/CD/T-bill position before the Covid-19 crash. 60+ boomers who bought into equity markets after 2008 and failed to rebalance via profit taking every year or so...

Oh, okay, so what's left is some subset of institutional investors who bought paper from the bank, i.e., willingly took on the risk with expectations of a return? If so, that makes sense.

AFAIK, bail-in was never more than a thought experiment discussion among academic nerds.

Good idea. Restrict to food, medicine, rent and other equivalent essentials.

You are conflating fed govt debt and private debt. Private debt resulting from the Toilet Paper Panic of 2020 will be big, although not as big as the aftermath of the 2008 crash, and much of it will...

So, to be clear, you favor collecting taxes from working class people to relieve student debt of a guy making $1,000,000 a year on Wall Street? Have you actually thought this out?

Jesus Christ,...

So, the federal government buys the notes for market value and then forgives the notes? That would be constitutional, but bizarrely expensive and likely politically impossible. Those of us who worked...

So, you are unable or unwilling to answer my question, so you construct a strawman, eh? Again, Bunny, how can the government mandate cancellation of private debt without paying compensation to the...

So, just how does government mandated cancellation of private debt work? Under the 5th Amendment, lenders would be owed compensation equal to the amount of the canceled debt -- or maybe more. It...

LOLz

You don't get around much, eh? Denmark's secret to happiness: low expectations; https://www.telegraph.co.uk/lifestyle/11013715/The-key-to-happiness-have-low-expectations.html

You have broken Happiness Rule #1: Low Expectations. Vibes to ya

Uh, well, we will know within a few weeks after a significant number of people take the antibody test.

Sorta. CARES Act loan borrowers cannot issue dividends or make other capital distributions "with respect to common stock" until loan is fully paid and for 12 months thereafter. The provision is in...

zing!

Cross talking happening here. Delta fleet does not use avgas, of course

That is fucked. HC workers in regular contact with patients should be the highest priority for testing.

Oh yeah, good chance we're heading to all time high small biz BK filings. Some small biz LLCs and corps w/o principal personal guaranties will forego BK and just close their doors, but that...

I spoke with a brick & mortar retail owner on Friday. He had a nice niche cash cow biz for years, but has decided to shut down and retire before he leaks any more oil. For whatever reason, his shop's...

That sounds absurdly optimistic from my view (representing small businesses). I won't be surprised if small biz bankruptcies are double the wake of the 2008 crash -- or worse. Hell, we might be at or...

Alas, Hugh Conway, we hardly knew ye

Labor participation on corporate supervisory boards of large (>2,000 employees) in Germany is required by law, not conferred by ownership. The supervisory board's power over corporate affairs is...

Winner: Best Answer of the Month

I'm glad I sold a chunk of securities in January, although now I wish I would have sold more.

IME, ultra-low fee broad market funds outperform (net costs and fees) everything else in the long term, unless you get lucky with a flyer. Re immediate withdrawal, that's a tax issue. General rule is...

Depends

Other than Berkshire, what are those "something like Berkshire?" Historically, low cost index funds have performed long term better than all but a small handful of higher cost managed stock funds....

https://images-na.ssl-images-amazon.com/images/I/51ZFRZP874L._SX329_BO1,204,203,200_.jpg https://images-na.ssl-images-amazon.com/images/I/51ZK0VRZSTL._SX314_BO1,204,203,200_.jpg