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    Can you have capitalism(free mkt) and socialism(when the gov't saves most co's)

    Debt debt debt Just keep piling it on let the next generation pay the price. It can’t end well but keep kicking the can down the road and hope it can last a few decades more.
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    Amazing a double black swan and S@P at same price as 6 months ago

    I agree The Fed is buying everything in sight, including stocks and ETF’s. Anyone with common sense knows they have been. Really they don’t even have to buy much, just support a handful of stocks and the market can’t go down. The top 5 largest companies in the S&P have the same market cap as...
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    Amazing a double black swan and S@P at same price as 6 months ago

    Fed at ZIRP + trillions in stimulus + Working Group on Financial markets = Stocks propped up for as long as the charade can last
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    Even Tim Cook says "v" shaped recovery.....do you really think be would have said anything else

    Have to laugh at all the talking heads and analysts. They all said the same thing in early March “Q1 earnings don’t matter”. Then mid March “Q2 guidance doesn’t matter”. Then late March “2020 is a throw away year”. Now it’s “we are looking ahead to second half of 2021”. It’s all bullshit. Zero...
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    Beating Covid so fare w/o Lockdown... South Dakota

    There’s more people on NYC subways during morning rush hour than the entire population of South Dakota.
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    Energy trader Andurand warns of “crazy losses” as US WTI oil prices turn negative

    “Crazy losses” = Bailout for the wealthy at taxpayer expense or it “threatens the system” Normal loss = Regular guy takes the loss and can’t even get a bank loan to keep his family in their home
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    OIL, One Of The Largest Oil ETNs, Will Be Shut Down And Liquidated

    Anyone who puts their money in an ETN is asking for trouble. Especially the complex ones with monthly rolls, new note creations, etc. You would think the after hours VIX product carnage in Feb ‘18 would teach people a lesson but they keep coming back for more.
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    OIL, One Of The Largest Oil ETNs, Will Be Shut Down And Liquidated

    They don’t give a shit about the public (most are too stupid or lazy to read wtf they are buying anyway). The ETF’s/ETN’s make a ton of money for the banks/BD’s that’s all that matters
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    How can i find UWTI and DWTI?

    How can I find Netscape and Etoys? The tickers aren’t working Thanks
  10. C

    Back to year 2000 or worse

    Good points Zero interest rates, trillions in stimulus, the Fed and government doing “anything necessary” to make sure stocks never go down. There is zero real price discovery. All historical charts and stats are meaningless now.
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    Trump’s greatest strengths - whites without a college degree (60% to 33%)

    It was already said, a college degree is all but meaningless now. If anything you can make an argument you’re better off without 90% of those shit degrees and NOT be in six figure debt.
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    Here's some weirdness for the weekend

    Take a video and post it
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    New York Flu vs CV

    Trump Says States Can Start Reopening While Acknowledging the Decision Is Theirs https://www.google.com/amp/s/www.nytimes.com/2020/04/16/us/politics/coronavirus-trump-guidelines.amp.html
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    New York Flu vs CV

    Wake up dumb shit. Trump said it was up to each state to decide when and how to open. Turn off CNN for a few minutes.
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    New legislation introduced to send Americans $2k per month until unemployment at 3.5%

    Many of those people would be homeless anyway. They have mental, drug, alcohol, problems it has nothing to do with money. And also, places like NYC were clean and spotless when Rudy G was mayor. Now it’s a disgusting violent shit hole under DeBlasio. The police are the “bad guys”, criminals...
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    Kudlow: Trump may make announcements on next day or two on reopening

    The people here pounding the table to open up businesses and saying this is overblown are definitely not in the NYC/tri state area. There’s probably more Doctors, nurses, other frontline workers dead from Covid in this area than total deaths in entire states. NYC and north jersey hospitals...
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    So I won again lol. Next move?

    In the immortal words of everyone’s favorite president- “YOU ARE FAKE NEWS”!
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    Watch this--our future and the virus

    For once we agree on something. Total train wreck
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