Coronavirus & Possible Economic Recession

[DMC]

You just made a crack about investing in hospitals when they run out of beds and start leaving people in the hall.

You can't help yourself, all this is just a game to you -- a very lucrative game.

So is it better if he just sits there and cries about it like you're doing? At least he's doing something about it even if it's only capitalizing. I swear to God, the amount virtual signaling you ers do here is pathetic.

[Spurs Homer]

Every trump business venture has ended in financial disaster - and he just reneged on everything and moved on and blamed everyone and everything but himself ...

when he defaulted on a 400 million dollar loan (after he had already defaulted on hundreds of millions more) from Deutsche Bank - using the "force majeure" clause meaning (an act of god) provision in the loan agreement - (which not surprisingly - was a convenient clause that Justin Kennedy had availed to trump (you know - kennedy - the SON of the SCOTUS kennedy - whose father mysteriously decided to retire as soon as trump asked him to - that Justin Kennedy at Deutsche Bank)

to sue Deutsche Bank for the 400 million - accusing Deutsche Bank of being responsible for that "act of god" and refusing to pay the 400 million...


trump did this with every business failure and guess what - Deutsche Bank decided - to give him more loans - hundreds of millions more - because Russian "donors" took trumps risk each and every time...


why would destroying the US economy be any less concerning to Trump?

Why would anyone think that the -storm we are now seeing and feeling -



was anything OTHER than predictable?


Now we are suddenly facing ANOTHER - "force majeur" -

you guys can believe this is all just coincidental if you want...

[Winehole23]

So is it better if he just sits there and cries about it like you're doing? At least he's doing something about it even if it's only capitalizing. I swear to God, the amount virtual signaling you ers do here is pathetic.

Discussion of issues happens on discussion boards.

Get over it.

[rjv]

the fed and central bank have been subsidizing banks and financial companies for the past decade and, in the process, broke their own interest rate tool needed for these scenarios. everytime the fed wanted to raise rates, it capitulated to trump (as if did with Obama). in addition, most of the corporate profits of 2018 were from windfall tax cuts and most of the profits went to other financial markets (fortune 500 businesses spent $1.2 trilion in stock buybacks between 2018-19). this created both a larger bubble and an inflated stock market. so the 25% run up in US stock over the past two years was generated by tax cuts and reduced fed rates. almost nothing went into the actual economy (as shown by a contracting PMI over the past two years). we have no effective tools left to stabilize the economy should the banks start freezing and the central banks can't bail them out fast enough. so, look for more cuts on government programs and business tax cuts and quan ative easing (aka, 'large scale asset purchases').

[picnroll]

What happened to updates on the number of people with Coronavirus virus? Trump think suppressing information so people go about their usual routines, exposing themselves is good policy?

[spurraider21]

What happened to updates on the number of people with Coronavirus virus? Trump think suppressing information so people go about their usual routines, exposing themselves is good policy?

hoping they wont notice until after november tbh

[CosmicCowboy]

It's very sad, and yet the degree of cruelty is remarkably similar to that of many other posters (eg, Koriwhat).

Jeezus...I am painfully aware I could be one of those poor ers stuck out in the hallway but until that time I am not going to wallow in fear and self pity. You guys need to lighten the up. That includes Winehole and Boukaki.

[Winehole23]

Jeezus...I am painfully aware I could be one of those poor ers stuck out in the hallway but until that time I am not going to wallow in fear and self pity. You guys need to lighten the up. That includes Winehole a Boukaki.

You can post whatever you want and other posters can post whatever they want in reply.

Sorry that seems unfair to you.

[phxspurfan]

Hurting America oil business bankruptcies restaurants bankruptcies retail bankruptcies health system overwhelmed in general political turmoil under the malfeasance of trash and his Mafia, AKA Putin's long game

Russia depends on oil sales for hard currency in dollars

Putin taking a big hit with the low oil price means he's got some other objective in mind

He would be making billions more if he had agreed with OPEC

But I thought

[Spurminator]

What happened to updates on the number of people with Coronavirus virus? Trump think suppressing information so people go about their usual routines, exposing themselves is good policy?

Wannabe third world dictator doing wannabe third world dictator things.

[picnroll]

Wannabe third world dictator doing wannabe third world dictator things.

Yep. Taking his cues from his buddies Putin and Kim Jong-Un.

[CosmicCowboy]

You can post whatever you want and other posters can post whatever they want in reply.

Sorry that seems unfair to you.

Not unfair at all. Just a shame you have such a negative outlook on life. I'm gonna enjoy mine until the coronaboogieman gets me.

[picnroll]

The entire country of Italy, 60 million people, is now under lock down.

[hater]

The entire country of Italy, 60 million people, is now under lock down.

WW3

called it

[DMX7]

WW3

called it

WW3? really?

[SnakeBoy]

WW3

called it

You called WW7 tbh

I still give you credit for calling it though

[hater]

WW3? really?

War vs the Virus. the whole world. WW3

[TheGreatYacht]

Problem, reaction and solution. The Coronavirus vaccine was already invented before the flock of sheep got infected. All that was needed was to spread the virus. Fool the masses. And once again, it worked. Or it's working.

[spurraider21]

Problem, reaction and solution. The Coronavirus vaccine was already invented before the flock of sheep got infected. All that was needed was to spread the virus. Fool the masses. And once again, it worked. Or it's working.

where do the jews fit in, tbh?

[Will Hunting]

Problem, reaction and solution. The Coronavirus vaccine was already invented before the flock of sheep got infected. All that was needed was to spread the virus. Fool the masses. And once again, it worked. Or it's working.

Fool the masses for what purpose? The elite class is losing trillions.

[boutons_deux]

EU countries have a policy of "Use it (landing slot) or Lose it"

So airline are flying empty planes to retain their landing slots.

The huge drop in fuel prices now will reduce their loss of spending on fuel (30% of their cost?) to fly empty seats.

[spurraider21]

Fool the masses for what purpose? The elite class is losing trillions.

something something something zionists

[SnakeBoy]

Not unfair at all. Just a shame you have such a negative outlook on life. I'm gonna enjoy mine until the coronaboogieman gets me.

His life is a list of grievances

[picnroll]

Several not good economy records set today.

Bid-ask spreads widen in bond market

In addition to the statistics, there was anecdotal evidence of unusual activity, even for market veterans.

JPMorgan’s Bob Michele told CNBC’s Steve Liesman on “Power Lunch” that there were serious issues making deals in the bond market on Monday, with large spreads between the prices offered by buyers and sellers. He said one of his co-workers told him that at one point there were no offers on a 30-year bond.

“I’ve been doing this 40 years. I’ve never seen that before,” Michele said.

I think it’s a slam dunk to say treasuries haven’t seen their bottom and mortgaging refinancing should be held off.

[Will Hunting]

Several not good economy records set today.

Bid-ask spreads widen in bond market

In addition to the statistics, there was anecdotal evidence of unusual activity, even for market veterans.

JPMorgan’s Bob Michele told CNBC’s Steve Liesman on “Power Lunch” that there were serious issues making deals in the bond market on Monday, with large spreads between the prices offered by buyers and sellers. He said one of his co-workers told him that at one point there were no offers on a 30-year bond.

“I’ve been doing this 40 years. I’ve never seen that before,” Michele said.

I think it’s a slam dunk to say treasuries haven’t seen their bottom and mortgaging refinancing should be held off.

I’m torn between whether or not I should buy a place. Rates are clearly low but I think prices are high. Leaning towards holding off since I think prices come down before rates go up.