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If you were going to get money from the government, it's probably too late. If you owed the gov money I'd file asap and prepare for an asspounding that wont be as bad as waiting even longer 1-866-681-4271 Karen hotline.

Payroll processing firms that cover a large part of the US release data earlier in the week. It's considered a strong indicator for unemployment, but official data comes out Friday. The official number excludes people who say they aren't looking for work. Expect the TrumpUBI to make the likely...

It really is a battle between the bad news and how much money the fed can print. In Germany, apparently a judge told their central bank equivalent (ECB) that it better stop breaking the law within a few months. Could turn into a disaster here if a judge told the fed to stop breaking the law...

Where's the don't care button.

Crude surging due to hops of increased demand in the near future. USO got out just in time. I wonder if the rally today is just more NAV disconnect. Will be interesting to see what happens with 2 weeks still until settlement. How do supply lines work?

https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm Technically yes, but they didn't get it down very much.

Oh I'm not betting against the fed. I said myself here a couple months ago I expect the fed to blow stuff up with their policies. Einstein forgot to add the ability of the central bank to print money when he talked about infinite things. It's just really bad policy for the long term health of...

I'm sure glad the government is here to help. Good luck to the fed on unwinding this mess they've created. Pretty sure it won't ever happen, and blatantly encouraging banks to make junk loans is probably making the problem smaller. Loosening the standards on MBS so they can contain loans in...

Welcome to Socialism. The state owns the means of production, and this time it will work.

I typically avoid threads like this because they are serious. Let me just say that a long time friend committed suicide almost a year ago completely unexpected. Life is a struggle, and I and his family wish he struggled on. We all go through the bad times, but it's easier together.

Even buffett lost a truckload of money. Not too terrible though. I think a lot of investors are going to look at his pile of cash and think twice about why he's decided he needs even more. That's definitely not a signal of faith in a near term recovery.

I kinda touched on this earlier. AMD is fairly overpriced compared to its paper value currently. That said, I think this overvaluation is fairly reasonable, and AMD will grow to fit its price. But when growth is already highly priced in, I personally wouldn't invest heavily in that stock. Intel...

Weird to look at 20$ oil and think "damn, that's gone up a lot". In related news, USO is surging high. Lot of robinhood users gonna be rich when it breaks 50$ a barrel.

After working outside all day, I was brushing my teeth while pissing. When I spit out the toothpaste into the toilet it looked like a tide pod for a moment.

Socialism is known for boosting the economy.

The ivory towers in tech aren't getting slaughtered yet, but that's not too surprising, since even people in mudhuts spend money on internet and phones. If people think that's good enough to ignore the fundamental anarchy in the smaller side of business at the moment, I don't get it. The fed has...

Didn't you read, oil is the cheapest its ever been, time to buy in. Crude and XOM going to the moon.

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.