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TorturedBlazerFan said:
I think the dow ended up being up 1100 but I may have read that wrong earlier.
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I dunno, I recently woke up from a nap after my rough day surviving dialysis. My arm is all black and blue from where my nurse erred in inserting the large gauge needles.
It's nearly time to see how badly Biden beat a really decent Sanders in today's election.
 
And China called back in December.

If Trump is going to claim universal responsibility/credit for a strong economy/market whether it's really his doing or not, he must conversely also accept responsibility/blame when it goes south.

..Sorry, can't have it both ways.
 
There are a few things one needs to look at:

1. Stock market
2. Crypto
3. Metals
4. Jobs
5. Housing
6. Banking sector

There will likely be some sort of stimulus, whether it be consumer protection for sick leave, mortgage/rent relief, quantitative easing, etc. I'm guessing its going to be a round of QE again followed by some bailouts for certain sectors (airline, cruise, banks). Once again the average american is going to get fucked!
 
If housing tanks, perhaps it may be a good time to buy something. Rates are low and prices may fall, people may panic sell. Who knows.
 
EL PRESIDENTE said:
There are a few things one needs to look at:

1. Stock market
2. Crypto
3. Metals
4. Jobs
5. Housing
6. Banking sector

There will likely be some sort of stimulus, whether it be consumer protection for sick leave, mortgage/rent relief, quantitative easing, etc. I'm guessing its going to be a round of QE again followed by some bailouts for certain sectors (airline, cruise, banks). Once again the average american is going to get fucked!
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I'm just talking out of my ass but I feel that housing will be the last to go this time. Metals will maintain or rise. Crypto will tank with the market. Banking and jobs will be ok for a while.
 
donkiez said:
I'm just talking out of my ass but I feel that housing will be the last to go this time. Metals will maintain or rise. Crypto will tank with the market. Banking and jobs will be ok for a while.
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I'm pretty much in line with this line of thought. Well, I think Banking/Jobs will be affected.

Interest rates will go lower or even negative, we'll see whats up.
 
Corona is a bigger threat to Trumps presidency than Biden or Sanders, he will pull all the strings but it probably won't be enough. He has had an easy run so far. This whole issue will also highlight our medical and paid time off problems in the country.
 
donkiez said:
Corona is a bigger threat to Trumps presidency than Biden or Sanders, he will pull all the strings but it probably won't be enough. He has had an easy run so far. This whole issue will also highlight our medical and paid time off problems in the country.
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I think he will go overboard soon with the reaction and policies in place to "stop" the coronavirus and people will claim he's being a dictator.
 
I predict he will soon be whisked off to Walter Reed for the 2nd half of his annual physical. Because he's in great health, the physical will take several weeks.

barfo
 
yankeesince59 said:
You do know that this is all the Dems fault, right?
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I think if anyone would bother to check Hillary's basement, you'd find a lab churning out the Covid-19 coronavirus in overdrive mode.
 
Lanny said:
I think if anyone would bother to check Hillary's basement, you'd find a lab churning out the Covid-19 coronavirus in overdrive mode.
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The email server was just a cover story. Das blinkenlights on the front are fake. Inside the server is a biological warfare factory.

barfo
 
EL PRESIDENTE said:
Response to the WHO declaring a pandemic
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Response to a whole lot more than that such as what people can see is happening in China, S. Korea and Italy. People can see the writing on the wall. No amount of quarantine is going to work for long at this point. The world is simply too interconnected.
Our dumb shit President should have heeded advice from the experts and increased the budget of the CDC and NIH rather than trying to dramatically decrease it. We should have or nearly have a vaccine by now rather than a year and a half from now. For God's sake, the infection isn't slated to peak for a little over a year from now in January. With a transmission rate R0 ('R' nought) of 2.2 compared to 1.2 for the common flu, and a death rate of about 3% for the Covid-19 coronavirus compared to 0.1% for the common flu, we can expect to see some serious consequences during that peak period.
Dumb shit Trump is killing people now and going to kill lots of people in the fucking future.

Edit:
ps masks are essentially useless unless you get exactly the right kind and they must be professionally fitted to your face as well as replaced at least daily. Upshot, masks are no good for you and me. Wash your hands and avoid large crowds and people who cough and otherwise exhibit symptons.
I just recently learned that there's never been a known case of disease transmission via a church Communion cup of wine. Each sip is wiped between users and the cup is thoroughly washed before each session. Last time, I declined the cup. Next time I will resume my normal use. Besides, my church uses really good wine in their goblet.
 
Lanny said:
Response to a whole lot more than that such as what people can see is happening in China, S. Korea and Italy. People can see the writing on the wall. No amount of quarantine is going to work for long at this point. The world is simply too interconnected.
Our dumb shit President should have heeded advice from the experts and increased the budget of the CDC and NIH rather than trying to dramatically decrease it. We should have or nearly have a vaccine by now rather than a year and a half from now. For God's sake, the infection isn't slated to peak for a little over a year from now in January. With a transmission rate R0 ('R' nought) of 2.2 compared to 1.2 for the common flu, and a death rate of about 3% for the Covid-19 coronavirus compared to 0.1% for the common flu, we can expect to see some serious consequences during that peak period.
Dumb shit Trump is killing people now and going to kill lots of people in the fucking future.

Edit:
ps masks are essentially useless unless you get exactly the right kind and they must be professionally fitted to your face as well as replaced at least daily. Upshot, masks are no good for you and me. Wash your hands and avoid large crowds and people who cough and otherwise exhibit symptons.
I just recently learned that there's never been a known case of disease transmission via a church Communion cup of wine. Each sip is wiped between users and the cup is thoroughly washed before each session. Last time, I declined the cup. Next time I will resume my normal use. Besides, my church uses really good wine in their goblet.
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Nope. This was reaction to the WHO classification of a pandemic.
 
EL PRESIDENTE said:
Nope. This was reaction to the WHO classification of a pandemic.
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Once again, nope.
Now, you've made an assertion that you need to back up else it's just so much hot air.
 
EL PRESIDENTE said:
https://www.washingtonpost.com/business/2020/03/11/markets-economy-today-oil-coronavirus/

What do you have other than "Orange man bad"
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What does Trump have to do with this. You appear to have Trump derangement syndrome derangement syndrome.
Oil stocks are piling up and do you know why? Simple, it's because of the virus threat to the economy meaning less demand. Saudi Arabia tried to mitigate this by getting all oil producers to lower their productions in order to keep prices up there. Russia said no because they wanted to drive American Shale oil producers out of buisness. Saudi Arabia got pissed and decided to teach the Russians a lesson by driving the price way way down via increasing production to further flood the market. This will have the side effect of driving shale oil producers out of business.
Hence, the Covid-19 coronavirus is the root cause of the downturn in shale oil production stocks.
I thought this was common kowledge.
Also, I am not able to open Washington Post links. They want me to subscribe after viewing my limit for the month.
 
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