Financial topics

[aeden]

Bought oil at 20
see who survives
into june as noted
the watchers on the wall have done their duty

[Higgenbotham]

Alternatively, with the US government planning to pour a trillion
dollar into the economy in various ways, how do I get some of that
money?

You have to be able to talk to the fed and convince them that you are too important to the economy for them to let you go under ("too big to fail").
I don't think you have much chance though. Now Boeing and the airlines, and the cruise ships, the oil frackers, and the hotels, and ... will
probably get trillions. The US will bail out the rich, again, and let the average person suffer. Probably end up with socialism and then everyone will suffer.

From 2012.

Technical competence doesn't matter in this society - that's why Obama got elected.

What "everyone" instinctively or otherwise understands is the real skill that gets you somewhere in America is knowing how to waddle up to the window for the biggest bailout. You can't need a bailout if you're competent. Incompetence pays - to the tune of billions if you have the waddling skills of a Jamie Dimon. Obama himself said in admiration that Jamie is "one of the best bankers we've got."

Obama apparently thinks it's really debonair and posh to either admit or feign ignorance for something as inconsequential in this society as math skills, yet shovel out hundreds of billions for education for worthless (post-collapse) degrees like the one he has.

John,

You don't have a chance. The most in demand skill in America is not nursing, computer programming, or any of the other things typically cited. The most in demand skill in America is knowing how to waddle up to the window for a bailout. You will need to hire a professional waddler and given the current high demand situation that will be impossible.

Your best bet might be to fake a disability. That's the poor man's waddle.

[aeden]

Sat Mar 14, 2020 2:09 pm
As you said.
To me, the question is not if, but when, the second and more lethal wave sweeps through. h

Two more at least to go.

You can't need a bailout if you're competent. Incompetence pays....

[aeden]

https://www.youtube.com/watch?v=zR8huyCYKm0

There will be no change to the real NYSE exchange floor, located in Mahwah, NJ and which is populated only by algos, collocated servers, microwave towers and lasers.
https://www.youtube.com/watch?v=E0E0ynyIUsg

Thu Aug 08, 2019 7:34 am Clever, but at least we can respect the pagans more than these murderous unchecked fascist pathogens.

It is a type of cognitive bias. People display this bias when they gather or remember information selectively, or when they interpret it in a biased way.

His cleaning lady didn't show yesterday, and they called to make sure that she was okay, that she hadn't come down with the coronavirus and couldn't reach her phone. When she answered, she said,

"I don't have to come into work. I heard we're all getting checks from Trump."

Game over welcome to Venezuela. Zoos are next.
https://foreignassistance.gov/ Data is up-to-date as of 3/6/2020.

[aeden]

http://gdxforum.com/forum/search.php?ke ... sf=msgonly

Higgenbotham wrote:
aedens wrote:
Benny and the Inkjets know if consolidations with the cheap credit stops its 1937.

I think a few on the Fed committee realize they've set themselves up for something worse than 1937. And that's the second piece of news that should have killed this bubble.

Mon Jun 18, 2012 8:56 pm
Here is some context on drilldown thinking.
The first American wave of mergers was in its infancy and was being promoted by the bankers. In 1897 there were sixty-nine industrial mergers. By 1899 there were twelve-hundred. In 1904 John Moody - founder of Moody’s Investor Services - said it was impossible to talk of Rockefeller and Morgan interests as separate. A very, very long time ago you learn who knows what. I have looked at many models as many and decided to take responsibity as we do here that it is our choice to lead and theres to take your ability away.
The point is as John identify's in GD even if they understand they do not even pretend to care.
Our team is aware and navigating lets say.

[Higgenbotham]

But anyway, now it has hit the mainstream that several waves of the virus can hit, so everybody knows it now. That might be good enough to send the S&P to 2300 and then it can bounce several hundred points if things get better temporarily.

https://www.youtube.com/watch?v=FItEjc6VtuU

CNBC trotted this guy out today at the low.

Now listen to the video carefully. In there it says CNBC has been talking to him previously. He has been bearish since the virus was a known quantity in late January. But we didn't hear a thing publicly on CNBC until the S&P crashed 1100 points.

All we heard at the high was people like Dalio saying cash is trash and Tudor Jones saying the liquidity conditions resemble early 1999.

https://youtu.be/FItEjc6VtuU?t=29
"I know from our conversations that you have been worried for some time."

[vincecate]

** 18-Feb-2020 World View: Diamond Princess
I don't know about cruise line stocks, but it's possible that they've
already bottomed out.

Carnival Corporation & Plc (CCL)
https://finance.yahoo.com/quote/CCL/
About $43 with high of $59 for the last 52 weeks.

Royal Caribbean Cruises Ltd. (RCL)
https://finance.yahoo.com/quote/RCL
About $111 with high of $135 for 52 weeks.

Norwegian Cruise Line Holdings Ltd. (NCLH)
https://finance.yahoo.com/quote/NCLH/
About $52 with 52 week high about $60

I believe upgrading each cruise ship air filtration/sterilization system would probably take a very long time, if even possible.

I doubt they have bottomed, in particular if the S&P crashes...

CLI $9.30
RCL $22.33
NCLH $7.77

[Higgenbotham]

https://youtu.be/FItEjc6VtuU?t=484
https://youtu.be/FItEjc6VtuU?t=698

So he says with this virus we can do a 30 day shutdown and we survive. Then he goes on to say capitalism can survive a 30 day shutdown, but it can't survive an 18 month shutdown. He also says if we don't do the 30 day shutdown, stocks go to zero.

[aeden]

Probability density function.

Translation they will get us killed but stop scaring the sheep.
If we stopped march 1 on sweeps we would of ended it and curtailed the now incurred exponential tail risk.

Reality is now a cluster study map to fatality. Stable geniuses run over by bus drivers.
We will see Senator X survives from Florida without organ damage.
https://www.healthline.com/health-news/ ... intestines
Preliminary scan reports from Brussels today shows lung damages in Children that was - let me get this word right - ravaged from MRI findings.
Ill dig up the link later so the pundit chimps do not blow a vein.
Yes flu is nasty and yes we read the rna and dna mapping and the peer reviewed documents that will be filtered out in urgency we suppose.

“You should always double-check your sources. “Don’t rely on just one source.

Who pissed in your glass half full story. Nature and bio lab experts.

Weeks ago we noted causally as --- Reviews from Wuhan indicate total and absolute disconnects until the central government removed
ineffective local government from total in paralysis from fear.
This was the 40 day window we noted.

[aeden]

Ned's downfall began the moment he accepted the position.
The cup was or as they wish to see half full in March.
Tail risk is to high for me either way.

Nothing short of roving platoons with SAWs and a shoot-on-sight ROE will stop
southern Californians from going to Starbucks we read.

Please Stop Shooting Each Other': Baltimore Mayor Begs Residents To Keep Hospital Beds Clear For Coronavirus Patients

Wall it off and cut the drug supply or we blow up the blue tarp boats running the drugs.
I will look up the drug dead but they are filtered out we read anyways.
Last decent report was drug overdoses killed more than 72,000.
Nature is a tough row on a good day.

https://www.treasury.gov/initiatives/fi ... acker.aspx