Im not sure this is going to help because the FED is only going to buy investment grade corporate stuff and that isnt the problem, investment grade is not causing the dollar shortage nor is it what is dragging down the economy.
I am glad that at least Sanders is shouting about what a sham this legislation is that the GOP is trying to push through...it isnt about helping the little guy or small business, it is all and only for the elite and large corps. It is a wash and repeat of 2008 with it being a freebie for the campaign contributors and the people/groups that need it the most get crumbs or nothing.
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Detox,
Im not sure this is going to help because the FED is only going to buy investment grade corporate stuff and that isnt the problem, investment grade is not causing the dollar shortage nor is it what is dragging down the economy.
I am glad that at least Sanders is shouting about what a sham this legislation is that the GOP is trying to push through...it isnt about helping the little guy or small business, it is all and only for the elite and large corps. It is a wash and repeat of 2008 with it being a freebie for the campaign contributors and the people/groups that need it the most get crumbs or nothing.
NAZ has been way strong the whole time, the whole drop..it is just itching to break out and has even when the DOW was down 2-3 percent it was pushing to go positive.
This to me means this selling isnt complete and might not fully extend to where it should go...there is not broad based weakness and risk wants to return on any opportunity.
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NAZ has been way strong the whole time, the whole drop..it is just itching to break out and has even when the DOW was down 2-3 percent it was pushing to go positive.
This to me means this selling isnt complete and might not fully extend to where it should go...there is not broad based weakness and risk wants to return on any opportunity.
If you look at a chart of the Naz, the Dow, the S&P and the Russell, the small cap Russell has been down much worse, then the DOW, the S&P and the NAZ is down far less than the others.
The froth is for sure still there on the NAZ so if someone thinks that the markets are going to bounce I think the NAZ and bloated tech will likely bounce first...like today.
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If you look at a chart of the Naz, the Dow, the S&P and the Russell, the small cap Russell has been down much worse, then the DOW, the S&P and the NAZ is down far less than the others.
The froth is for sure still there on the NAZ so if someone thinks that the markets are going to bounce I think the NAZ and bloated tech will likely bounce first...like today.
So the fed announces that they’ll be buying student loans, credit card, auto, and small business loan securities. Why? Because their banker friends who issued the loans would go bust. What about mortgages?
Detox, I think the government is trying to avert a (potential) run on the banks, and a complete destruction of the financial sector (kind of like in 2008). I want to be able to access money in my bank in the future, even if that means "banker friends" are getting bailed out in the process.
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Quote Originally Posted by I_Need_A_Detox:
So the fed announces that they’ll be buying student loans, credit card, auto, and small business loan securities. Why? Because their banker friends who issued the loans would go bust. What about mortgages?
Detox, I think the government is trying to avert a (potential) run on the banks, and a complete destruction of the financial sector (kind of like in 2008). I want to be able to access money in my bank in the future, even if that means "banker friends" are getting bailed out in the process.
They’re supposed to know how to give out loans. Banks are lending $10.6 trillion (US alone) for mortgages and have real estate as collateral. Do you know how much interest is being made on that $10.6 trillion? You’d have to be a complete moron to screw that up!
Big scams going on right now being covered by fear mongering. Everything is connected. The oil showdown, the banks, the money being printed by the fed, the corona, all of it. It’s all tied together and it’s all a man made scam.
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They’re supposed to know how to give out loans. Banks are lending $10.6 trillion (US alone) for mortgages and have real estate as collateral. Do you know how much interest is being made on that $10.6 trillion? You’d have to be a complete moron to screw that up!
Big scams going on right now being covered by fear mongering. Everything is connected. The oil showdown, the banks, the money being printed by the fed, the corona, all of it. It’s all tied together and it’s all a man made scam.
Pleb thinking: once we get this bailout, we just need corona to cool it and allow people get back to work so the markets can get back to normal
Reality: corona is a scam, the markets will keep dumping (macro), when it’s at the bottom it will be clear.
The housing market still has to dump. You know that new condo complex near your house that is 50% done? They still need to go bankrupt and the complex needs to sit there vacant for a while. When an opportunist buys it and finishes it, that’s a good bottom signal.
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Pleb thinking: once we get this bailout, we just need corona to cool it and allow people get back to work so the markets can get back to normal
Reality: corona is a scam, the markets will keep dumping (macro), when it’s at the bottom it will be clear.
The housing market still has to dump. You know that new condo complex near your house that is 50% done? They still need to go bankrupt and the complex needs to sit there vacant for a while. When an opportunist buys it and finishes it, that’s a good bottom signal.
500,000 deaths directly tied to the 2008/2009 recession. The coronavirus will never see numbers even close to that. Amazing how clueless the democrats are.
Clueless is a poor word, what you are speaking is minimizing Trump talk. Trump is acting recklessly and his focus is the stock market and that to me is clueless.
Italy shared the viewpoint you and Trump have that there are worse things and who cares, its the same moronic thought process that loonie Ron Paul used all until his kid got it and then whoopsie I guess it is not some little thing.
If you go online and watch some testimonials of people who had/have it instead of listening to Trump pressers you might have a different mindset. This turns your lungs into a straw you cannot breathe and it damages the lung cells making you more open for illness and death down the road even if you beat it.
New York is doing this right, they are taking action and still it is not enough. Trump royally screwed this up and we are not out of the woods yet...I think you are greatly underestimating the situation. It isnt about comparisons to other things, we have no cure or treatment protocol for this.
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Quote Originally Posted by I_Need_A_Detox:
500,000 deaths directly tied to the 2008/2009 recession. The coronavirus will never see numbers even close to that. Amazing how clueless the democrats are.
Clueless is a poor word, what you are speaking is minimizing Trump talk. Trump is acting recklessly and his focus is the stock market and that to me is clueless.
Italy shared the viewpoint you and Trump have that there are worse things and who cares, its the same moronic thought process that loonie Ron Paul used all until his kid got it and then whoopsie I guess it is not some little thing.
If you go online and watch some testimonials of people who had/have it instead of listening to Trump pressers you might have a different mindset. This turns your lungs into a straw you cannot breathe and it damages the lung cells making you more open for illness and death down the road even if you beat it.
New York is doing this right, they are taking action and still it is not enough. Trump royally screwed this up and we are not out of the woods yet...I think you are greatly underestimating the situation. It isnt about comparisons to other things, we have no cure or treatment protocol for this.
Something that CAN to me fits the definition of it doing so...does that mean every single person has this impact? No but there are many super healthy people who have experienced this and to me life matters even one or two people as arent we all the same being here and trying to live our life?
Trump minimizes situations AND people when they do not fit his narrative but if it is his agenda then he will blow things completely out of proportion and exaggerate things to the extreme. He is the worst leader we have ever had, I get sick watching him stand there and act so childish and disconnected as he does. It also might do him well to rehearse once in a while, the stuff they write for him its obvious he barely finished his Big Mac before the presser started and didnt take the time to have a clue about what he is going to say.
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Something that CAN to me fits the definition of it doing so...does that mean every single person has this impact? No but there are many super healthy people who have experienced this and to me life matters even one or two people as arent we all the same being here and trying to live our life?
Trump minimizes situations AND people when they do not fit his narrative but if it is his agenda then he will blow things completely out of proportion and exaggerate things to the extreme. He is the worst leader we have ever had, I get sick watching him stand there and act so childish and disconnected as he does. It also might do him well to rehearse once in a while, the stuff they write for him its obvious he barely finished his Big Mac before the presser started and didnt take the time to have a clue about what he is going to say.
The CDC delivered intel from someone who was in China and the WH ignored it, this was before he disbanded the group he should have expanded but no question Trump made this about him and the DEMS instead of carefully and thoughtfully considering the severity of what was unfolding in front of our eyes.
No excuse...he is the only one who makes these decisions and continues to flop, from the beginning to now.
But hey those fries taste good today, the market was up.
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The CDC delivered intel from someone who was in China and the WH ignored it, this was before he disbanded the group he should have expanded but no question Trump made this about him and the DEMS instead of carefully and thoughtfully considering the severity of what was unfolding in front of our eyes.
No excuse...he is the only one who makes these decisions and continues to flop, from the beginning to now.
But hey those fries taste good today, the market was up.
This thing (fear scam) is going to be the catalyst for digital dollars that are easy to track. They are going to pay people their money from this scam in digital dollars. Paper dollars will be banned within 10 years.
It will also be used as a selling point for big government.
It will be also be used to push the government around the world closer. With the intentions of pushing towards something of a one world government.
Most people can’t see this type of stuff coming. They just believe what’s being fed to them in the news.
This entire thing is the biggest scam pushed on the American people since 9/11.
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This thing (fear scam) is going to be the catalyst for digital dollars that are easy to track. They are going to pay people their money from this scam in digital dollars. Paper dollars will be banned within 10 years.
It will also be used as a selling point for big government.
It will be also be used to push the government around the world closer. With the intentions of pushing towards something of a one world government.
Most people can’t see this type of stuff coming. They just believe what’s being fed to them in the news.
This entire thing is the biggest scam pushed on the American people since 9/11.
What is going to happen is people are going to start to see the writing on the wall that paper money is on its way out. The governments can’t control paper money.
It will open the flood gates to the crypto. Privacy coins like Monero will be in high demand.
This is all going to take a while to play out. But it’s coming.
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What is going to happen is people are going to start to see the writing on the wall that paper money is on its way out. The governments can’t control paper money.
It will open the flood gates to the crypto. Privacy coins like Monero will be in high demand.
This is all going to take a while to play out. But it’s coming.
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