Financial topics

[aeden]

We are going to spoon feed book 4 as noted later.
NY locals convey that region in NYS are the least populated and basically empty from the 2 last recessions.
Nothing of any major impact has been approved to reopen. Don’t be fooled by the headline.
We have similar carved out zones that never made it back. News is like the weather in our State is wait three days
it will change.

Your on target and media soaking is taking it desired effects. Those with no clue never will and many that were alerted have since
turned it off as the face diapers bleet over 30 yards at people.
So far the isolated we care for are good for now. I do not know how hot a few counties are but knew last week it would hit the
news cycle as anticipated. The smart kids are thinking lets get moving but do pay attention to threat maps cat herders.

Keep stinging H. Raise cash for the obvious.

[aeden]

https://www.zerohedge.com/s3/files/inli ... k=C1v8x50-
https://www.msn.com/en-us/health/health ... spartanntp
It is that bad and these girls have seen to much with all ages passing.
The topic of vaccines came up as a social spill over from the thin line of confidence to arrogance and left it at what some
of these labs have done is not an excuse either. Intent and Hubris trip wires surrounded in medical forensics study's ignored
from constraints.

[Higgenbotham]

Now that Warren Buffett, the greatest investor of all time, has stated unequivocally that he has not bought any stocks this year and in fact has been a net seller, the media is trying to diminish him and crank up the negative publicity.

Opinion: Dud stock picks, bad industry bets, vast underperformance — it’s the end of the Warren Buffett era

Published: May 15, 2020 at 8:00 a.m. ET

By Howard Gold

https://www.marketwatch.com/story/dud-s ... =home-page

Oxford University coronavirus vaccine shows positive signs in monkeys - everything you need to know as human trials progress

Published: May 15, 2020 at 11:56 a.m. ET

https://www.marketwatch.com/story/every ... 2020-05-14

After slamming Buffett, it's time to release the fake vaccine news. Fake news and counterfeit money are all they've got left, and it's not working well, so it's time to really crank up the volume. The New York Fed GDP Now forecast is estimating GDP will be down 31%. It is the end of an era, but it's not just the end of the Warren Buffett era; it's the end of the fake news and counterfeit money era.

[Higgenbotham]

May 15, 2020: New York Fed Staff Nowcast

The New York Fed Staff Nowcast stands at -31.1% for 2020:Q2.
News from this week’s data releases increased the nowcast for 2020:Q2 by 0.1 percentage point.
Negative surprises from retail sales and industrial production data mostly offset positive surprises from a regional survey and international trade data.

https://www.newyorkfed.org/research/policy/nowcast

[Higgenbotham]

Keep stinging H.

As Ali might have said,

Float like a butterfly, sting like a bee,
Fake news does not stop me.

[aeden]

It is a mess and the media soaking is ignored by me alone for now.
I consider the window accurate even after the initial glassy eyed
are catching up on the second forty day window missed.
Some of the Girls cannot talk about what happened without bursting into tears.
A few more candidates are under training for proper staffing
but naïve to what they are going to be seeing rather soon.
Complicated field they are in.
Tough kids who have already seen to much.

[Higgenbotham]

Keep stinging H.

I started the week short 7 lots and added one short yesterday at 2839.50. Due to the failure of the market to follow through to the downside this afternoon (and reverse its short term trend to down) as well as not being averaged into this additional lot above the high of the week (accounting for bot smashing profits), I got out of it at 2852.75 near the close. Will try to add again next week.

[aeden]

http://web.archive.org/web/201611072342 ... 1518776320

spin cycle not done yet

infiltrated all opposition orgs in the US

still waiting

I live in CA and everyone I know did NOT vote democrat. We had a democrat in the running for mayor here and he was coming in second until "all of the mail in votes were counted". He wound up magically losing so we can now chose between two democrats for mayor. By the way - we also have a voter roll of 107%. I hope people in other states really take a look at us.

[vincecate]

After market closed:

Financial Stability Report
Current Report: May 15, 2020
https://www.federalreserve.gov/publicat ... report.htm
https://www.federalreserve.gov/publicat ... 200515.pdf

The Fed notes there are some big problems in the economy.
I have to wonder if the Fed is starting to realize that they can't fix things just by printing money.

[vincecate]

I think the supercar/hypercar market will be hit particularly hard. This guy has some info. If there is a depression
and many people lost there jobs do you really want to be the guy bringing home a new supercar? Seems in bad taste.
He says used prices are already dropping fast. Lots of people who buy new supercars expect to be able
to sell them in the future at good prices and many will not want to buy new if the used market craters.

https://www.youtube.com/watch?v=-a_eH-yN7dA

I also think the Corvette C8 at $59,000 is really about as good as the supercars that cost 5 times as much.
The Tesla roadster will cost less than existing supercars but will be much faster and far cheaper to maintain.
So the C8 makes it so supercars are not much better than a mass produced model and the Tesla makes it so gas supercars are not the top end.
Seems like a squeeze that will be hard on supercar profits.

Ferrari is not really down much this year so far. In their recent report they seem to think they just lost 7 weeks of production but can make up about half of that by working weekends and a bit shorter summer break. They seem to think the recession will be short and they have a backlog of orders so they will be fine. I think we are in for a long term depression and the supercar market will be fundamentally changed.