Is the stock market going to tank?

[Norseman]

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

The new fleet will. Couple dozen Cessnas might cover demand.

[GeezerSteve]

zing!

[heckacali]

How the hell are the markets green today?!? What is propping up this hope that growth will resume back to January levels? Wtf?

[Benny Profane]

How the hell are the markets green today?!? What is propping up this hope that growth will resume back to January levels? Wtf?

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.

[4matic]

A few % either way can be derivative balancing, risk parity balancing, portfolio adjustment.

At $100 in earnings a 20 multiple still gets you 2000.

[rideit]

Its going to take yrs for people to forget this shit and go back to stupid.

I have absolute faith that we will get back to this condition as soon as possible.

[rideit]

How long until we find out that companies are just funneling their fed handouts into share purchases?

I started a thread just for this. If you see something, say something!

https://www.tetongravity.com/forums/...p-Watch-Thread

[Kevo]

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.

[Lone Star]

How the hell are the markets green today?!? What is propping up this hope that growth will resume back to January levels? Wtf?

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.

[SkiCougar]

How the hell are the markets green today?!? What is propping up this hope that growth will resume back to January levels? Wtf?

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.

[bennymac]

when do first quarter reports come out?

[Timberridge]

in the second quarter.

[Kevo]

when do first quarter reports come out?

https://lmgtfy.com/?q=when+do+first+...ts+come+out%3F

[bennymac]

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

[fastfred]

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.......

[Benny Profane]

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.......

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.

[Dantheman]

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.......

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.

[Timberridge]

Why not just move to a socialist country? Here's a list...

https://en.wikipedia.org/wiki/List_of_socialist_states

[rideit]

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, buttercups

[TAFKALVS]

Orange man gonna fix it all by printing more money, don't worry.

[TBS]

^^^Weimar Republic anyone?
https://en.wikipedia.org/wiki/Weimar_Republic

[fastfred]

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

[skaredshtles]

Orange man gonna fix it all by printing more money, don't worry.

Still hilarious: https://brrr.money/

[nyskirat]

Still hilarious: https://brrr.money/

WSJ managed to use the "brrr money" meme in a piece this week.

[TAFKALVS]

Zimbabwe Dollars