It was never a bubble. Valuations were high end normal at the aths. Some of you just believe in a lot of shit.
Futures getting killed despite full point Rate Cut
- Thread starter NY_HOOD
- Start date
It was never a bubble. Valuations were high end normal at the aths. Some of you just believe in a lot of shit.
There is something to remember...It is reported cases and deaths. Some countries may be more transparent than others. I am sure China has been lowballing their numbers.
Like how they lowballed their tests, which when they came clean on a month ago precipitated this bear market. Bastuds!
I believe Canada's experience with SARS and our universal health care system put us at a distinct advantage in dealing with the threat and minimizing deaths. I see three good things coming out of this crisis. One, it's the final nail in Trump's election chances he's done. Two, it is a clear reminder that the US needs to be a good world citizen things happen that require good international relationships. Three, it might spur Americans on to finally embrace universal health care. Hopefully not many more people pay the ultimate price in the meantime.
A for-profit health care system, which we have here in the USA, is mutually exclusive of the idea of universal health-care for all. It simply cannot work in the USA.
Hahahah
Fed cuts rates to zero zero zero. What a fucking foolish thing to do. Once again giving wallstreet what it wanted especially trump. Now comes negative interest rates just as I predicted.
They should have never used up all their cuts so quickly. And like I have been saying for years and years and years, the fed should have had rates at 5%+++ just to have a cushion to ride out any economic collapses but now they cant play the rate cut game anymore since they are at 0%...hahah. next comes negative rates. This is going to be so much fun...
Fed cuts rates to zero zero zero. What a fucking foolish thing to do. Once again giving wallstreet what it wanted especially trump. Now comes negative interest rates just as I predicted.
They should have never used up all their cuts so quickly. And like I have been saying for years and years and years, the fed should have had rates at 5%+++ just to have a cushion to ride out any economic collapses but now they cant play the rate cut game anymore since they are at 0%...hahah. next comes negative rates. This is going to be so much fun...
You actually believe that??
The fed had predictions years ago to have rates steady above 3% and look where they are tonight. Rates are going negative. Once the deep recession comes and unemployment ticks higher the fed will have no where to go but negative. They should have thought wisely and should have never listened to what wallstreet wanted this past decade, now look where rates are.
Memories of spring 2009 when you were advising anyone who would listen to sell their entire stock portfolio at close to record lows. Have you learned anything from the experience ? Clearly not.
I did say that sure. And again I'll tell you the fed pumped up the markets the last 10 years, if it was not for the fed the markets would still be 70% lower from where they are tonight.
Well lets see. Here we have another crisis and as you can see we have already knocked off nearly 3 years of gain in only a few weeks. If this gets out of control we can lose an additional 50% worth of gains from here taking the markets down to 2010-2011 lows. As i said the next collapse would bring negative rates (almost there) and make the last financial crisis make it look like it never even happened.
Yeah, that universal health care is working out GREAT for Italy right now. Love the part about how they're deciding who gets to live and die.