Results 10,201 to 10,225 of 18222
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03-30-2020, 10:58 AM #10201
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03-30-2020, 11:01 AM #10202
zing!
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03-30-2020, 11:52 AM #10203Registered User
- Join Date
- Feb 2017
- Location
- truckee
- Posts
- 2,028
How the hell are the markets green today?!? What is propping up this hope that growth will resume back to January levels? Wtf?
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03-30-2020, 12:55 PM #10204
The only way I can explain this to myself is to put my Karl Marx cap on and say that the financiers, the owners of capitol, are fucking overjoyed that labor and assets are going to be so cheap in a few months. No more low UE for years. Cheap stuff everywhere. It's a gift from above. A total reset. Just, hopefully, there is still civic order, so we can all get back working for the bankers.
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03-30-2020, 01:07 PM #10205
A few % either way can be derivative balancing, risk parity balancing, portfolio adjustment.
At $100 in earnings a 20 multiple still gets you 2000.
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03-30-2020, 01:09 PM #10206
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03-30-2020, 01:10 PM #10207
I started a thread just for this. If you see something, say something!
https://www.tetongravity.com/forums/...p-Watch-ThreadForum Cross Pollinator, gratuitously strident
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03-30-2020, 02:18 PM #10208
Continuing my asset allocation updates. My retirement portfolio is currently-
-35% in equities (Vanguard Growth Index Admiral, Vangaurd Total International, Vanguard Total Stock Market. My stupid 401k only offers Vanguard Growth)
-22% in Long Term Bonds (Vangaurd Long-Term Treasury Index Admiral)
-32% in Intertmediate Term Bonds (Vangaurd Total Bond Market- I wish i could move more to long term and intermediate term treasury bonds to escape exposure to corporate bonds, but this is what my 401k offers)
-11% in Gold (IAU, GLD- will probably move to either SGOL or GLDM for the Swiss gold or low expense ratio)
I'm contemplating moving about 7.5% into commodities. While demand is down, I think that commodities will go up in the mid term since so many producers are shuttering mines, etc right now. I kind of like a broad basket commodity play as a hedge against inflation.
A couple months ago I was 90% equities, 10% intermediate bonds.
I've also got cash reserves in a multi year emergency fund equal to 72% of my retirement portfolio. I'm contemplating putting some of that into this psuedo "All Weather" portfolio asset allocation, but may hold on to see if opportunities arise in the real estate market.
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03-30-2020, 02:19 PM #10209
Reminds me of those dudes in the Big Short who kept asking themselves, "Am I going fucking crazy? I must be. Surely thousands of other people are seeing what I am seeing!"
For me it's How can this market remain this good if this situation is slated to eclipse 2008?!
Like you, I am asking the same questions. It seems absolutely freakin' nuts to me. But, what the hell do I know? I'm just a ski bum.
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03-30-2020, 02:22 PM #10210Been there, skied that.
- Join Date
- Feb 2004
- Location
- Loveland, Chair 9.
- Posts
- 4,909
nothing goes straight down. although the rally has been pretty good, it was only 3 days and the fed baniks are supporting things; but eventually the shutdown going to may and all sorts of reports of massive layoffs coming; that will set selling off again; its just which news will set it off.
TGR forums cannot handle SkiCougar !
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03-30-2020, 02:25 PM #10211
when do first quarter reports come out?
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03-30-2020, 02:33 PM #10212
in the second quarter.
"timberridge is terminally vapid" -- a fortune cookie in Yueyang
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03-30-2020, 02:34 PM #10213
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03-30-2020, 02:44 PM #10214
I meant are they released today - next week - middle of April etc
I get that I could go down a google rabbit hole - or I could ask people on here who know this like the back of their hand (am I allowed to ask a simple questions or only hard complicated ones requiring long answers? shit - this too is a question - is that allowed? Fuck! Another question!)
- sorry to have wasted your time asking a question directly related to the above discussion about when might we see the markets turn back down again
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03-30-2020, 02:57 PM #10215Registered User
- Join Date
- Jan 2010
- Location
- your vacation
- Posts
- 4,742
socialism for the win
the word was nothing but vulgar up until a week ago now that everyone and every corporation has their hand out wanting some of those socialist dollars
it suddenly means help from god
so here we are just like 2008 but worse
if people were serious this is what needs to happen and it should have happened a long time ago
-reverse the deregulation of the banking, insurance, and investment companies
-start breaking up monopolies, large banks, tech, oil
-create some sort of regulated but not necessarily gov't run health care system, single payer, set costs, no profit run corporations (ie my workers comp is more or less state run, I just got a fat check the other day as a dividend because they collected more money than they paid out)
-raise taxes on the wealthy and corporations
-tax all stock trades, even 10 c a trade will add up quickly
-the list is endless.......
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03-30-2020, 03:04 PM #10216
My big and easy is wiping out all or most student debt. That was a ridiculous situation a month ago, and now will just be evil and immoral and totally unproductive. We need smart ambitious young people starting great companies. It shouldn't cost them a quarter million dollars for the education credentials to start. Steve Jobs wouldn't have a chance today.
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03-30-2020, 03:14 PM #10217
Hell yeah, fred, hell yeah. The intelligent response here since this will happen again, and it would benefit society greatly the rest of the time, would be to create a robust social safety net and a set of rules for our economy that place some degree of value on stability and resilience. But that would be the intelligent thing to do, so of course we're not going to do any of that.
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03-30-2020, 03:15 PM #10218
Why not just move to a socialist country? Here's a list...
https://en.wikipedia.org/wiki/List_of_socialist_states"timberridge is terminally vapid" -- a fortune cookie in Yueyang
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03-30-2020, 03:16 PM #10219
2008:
2.6mm jobs lost
7.2% unemployment
56% drop in mkt over 18 months
2020:
Potentially 47mm jobs lost
32% unemployment
30% drop in mkt over 30 days
Buckle up, buttercupsForum Cross Pollinator, gratuitously strident
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03-30-2020, 03:58 PM #10220
Orange man gonna fix it all by printing more money, don't worry.
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03-30-2020, 04:23 PM #10221
^^^Weimar Republic anyone?
https://en.wikipedia.org/wiki/Weimar_Republic
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03-30-2020, 04:47 PM #10222Registered User
- Join Date
- Jan 2010
- Location
- your vacation
- Posts
- 4,742
watch meth storm
you'll see that millions of people have been left behind
I guess it's there own fault, a casualty of the free market system
the need for the stock market to succeed
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03-30-2020, 05:12 PM #10223
Still hilarious: https://brrr.money/
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03-30-2020, 05:18 PM #10224Registered User
- Join Date
- Jun 2011
- Posts
- 6,177
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03-30-2020, 05:22 PM #10225
Zimbabwe Dollars
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