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GDP down a lot more than expected, carnage in just about every fundamental statistic we get. Stonks go up.

I think it's the UPS earning and FED that are scaring people a little. If UPS came in that low, the idea that amazon might be printing money in this environment may not live up to expectations. Amazon is probably what the markets are really holding their breath for. Everyone's expecting them to...

https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm This graph is concerning. The size of the fed's actions so far has dwarfed the 2008 response, and I still see massive liquidity issues coming. If a clever dem sees this, they'll realize republicans are turning america socialist...

This gonna be one of those lazy movie edits where the char you think is dead smiles in the back ground and waves at the end. See you stupid mongloid, you got it all wrong!

Unless I'm confused the purchase was a month and one day ago, and the report it originally came from was 11 days ago? Muni bonds probably run the gambut from good to terrible investment, it's highly dependent on the area they are. Like I wouldn't touch muni bonds in chicago with a 10 mile pole.

Let me know how your trades against my cash and govies go.

What in the fuck is this degeneracy. @Amod can we make this a spoilers allowed thread? Surely this forum can't support companies who do this.

kinda looks like people are looking for their ivory towers to hide in as the peasantry is slaughtered in the streets below.

I know USO has detached off of the futures it's supposed to track to a big degree, but good god. The bloodbath in oil looks like it's going to keep going with the contagion spreading to a lot of other staples. Agri productions look like there's going to be a few entering nightmare spirals. This...

lol, scream tries to act superior to people by calling them out for bs, then literally tries to peddle BS himself. Now he's pivoting to everyone peddles BS, so it's perfectly normal. He's just agitated.

401ks are a great investment generally. If your company matches it's the best investment up until the match. It a really good idea to pick up that at the very minimum.

He might be required to keep his current one while working there. Some places have vesting rules and similar things worth considering. It may be a big hassle to keep rolling over in those cases. Fidelity is a great choice, but he already has a vanguard, so I'd stick with them.

Do you like the 401k you got now? How accessable it is, fund choices, managament fees ect. If they aren't as good as vanguards I'd roll your 2nd into vanguard and keep it and your current one. Roll what ya got now into vanguard when you leave. If what ya got now is good, can put everything into...

I lifted some french toast into my face today.

I think he has 500es in his pocket, legit.

Fucking lol. First episode and it's a furry thinking about rape.

I can definitely see that happening in EURO zone. You could argue there was a bit of deflation going on there before this crisis. One of the reasons I've been against the fed's approach. Our national debt gonna be yuge coming out of this. Deflation would be catastrophically bad in that...

I stick to that philosophy pretty strongly. I've almost never been in any form of debt outside of my house (which is 1/3 of what I was approved for), and didn't even have a credit card until over 30. I was extremely poor and hungry for a period in my life, so I cook my own food religiously and...

Don't gotta worry about my feelings. I'm not going to keep it in govies forever, I'll move back in the market and stay there for the majority of my time to and post retirement. This is actually my longest time out by far since I started excluding the week long waffle. As for the math side of...

Oh, I know it's the net aggregate of opinions, but sometimes a landmine can come along that shifts those opinions suddenly in a way that isn't priced in. I think people see lots of landmines for small companies, and not many for those big ones, which is perfectly reasonable. The way I approach...

An important part of watching the markets is realizing a lot of traders in the wild don't have a brain. The valuations on those big companies is just so absurdly high atm, while good companies for the most part, I don't think they'll grow that much. FB and AMZN could take a hit from this even...

Not a counterpoint at all. Just adding troubles in the market I see. TBH I'm not sure where it will go from here. Room for scenarios both ways, but if we were to jump forward a month I think the way down has more paths.

I'm pretty sure the oil problem is just sleeping for a couple weeks. The fundamentals haven't been fixed and there's a shitload of saudi on the way. I think mortgage bonds and state bonds are going to have serious issues coming up. Something in the range of 5% of homes have already taken...

Best and worst albums are very subjective to the listener and you change as you age. IMO OK Computer is/was some pretty good stuff, but now I'm gonna check if it's just nostalgia.

I haven't read the law so I'm not 100% sure. Typically yes, but I believe this is an exception and all fees will be waived, and interest set to 0% for the time of forbearance. There may be some other weirdness about 0% interest on home loans going on.

Gov mandated 180 days of forbearance for all gov backed mortgages without penalty. So it won't get ugly yet, but there's probably a lot of people who won't have that money as a lump sum in 180 days.

Usually they pretend they aren't Chinese, like everywhere else the chinks infect.

Why is singapore full of chinese. I don't understand any of this and I'm pretty good at malay.

I've made it to ep 4, but I guess I don't count as a person.

Cowboys using their 17 on a WR. Finally someone agile enough to catch dak's laser throws. All you bitches going to be not seeing stars next year, just blurs.

I think the credit system being fuckered is still the biggest contagion in the market, with REITs being in the eye of that storm. People should be scared of S&P or Moodys doing credit downgrades in the coming weeks. The fed decided it's okay to slather up junk bonds with it's cash tsunami, but...

It's kinda a few things coming to play once. There's a lot of crude companies that don't want to blink, because shutting down production costs a lot of money. In a way they are obligated to some degree not to shut it down, because people gobbled up futures thinking it was an easy and safe...

The only thing buying USO time is they have a huge pile of govies. They aren't dead yet, but barring some fairytail ending that pile of cash is going to blow the fuck up over the next two months and this whole mess will probably end up very red. It's not legal to pass that on to ETF holders, is...

That was the point I was trying to make. They are growing in size in the market for Contracts only, and that's BAD, because they can't actually do the business once storage runs out. Crude buyers who do it as a business can just step back and let them have the whole market, and when USO is...

I really think people buying into USO don't know what they are getting into. USO is expanding to become more and more of the market because it's so cheap. It looks like they just barely sidestepped taking on oil this month between rollovers and storing it, but I don't think the same thing will...

It can always be worse:

The way commodity contracts are written, crude producers are still making money on the crude they deliver, at around 35-40$ a barrel probably. Newly issued contracts will go for less, but a large fraction of the pain in the futures crash is being absorbed by investors. Still not a great...